BCDF Performance — Horizon Kinetics Blockchain Development ETF
Data updated: 2026-08-26
BCDF returned −0.70% year to date and −1.61% over one year to Jun 2026. The annualised 3-year return is +13.05%. The fund trailed its Global Thematic Equity category average: $100 invested three years ago grew to $144, against $159 for the category, and to $98 over one year, against $129. Volatility over the past three years was 13.49% a year. In the 12 months to Jun 2026 the fund took in a net $4.0M, and assets reached $21.62M.
BCDF Growth of $100
What $100 invested in Horizon Kinetics Blockchain Development ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Thematic Equity category average over the same months.
| Period | BCDF | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $98 | $129 |
| 3 years (Jul 2023 – Jun 2026) | $144 | $159 |
| Since data start (Aug 2022 – Jun 2026) | $124 | $162 |
BCDF Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.70% |
| 1 year | −1.61% |
| 3 years (annualised) | +13.05% |
BCDF Annual Returns
Calendar-year total returns of Horizon Kinetics Blockchain Development ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −0.70% |
| 2025 | +11.12% |
| 2024 | +15.03% |
| 2023 | +24.86% |
| 2022 (Aug–Dec) | −21.50% |
BCDF Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.2% | +0.8% | −4.3% | +6.6% | −1.0% | −7.2% | — | — | — | — | — | — |
| 2025 | +1.0% | −0.6% | 0.0% | +5.3% | +2.4% | +3.5% | +0.4% | −0.1% | +0.9% | −1.2% | −0.1% | −0.9% |
| 2024 | −2.8% | +3.8% | +0.3% | −4.9% | +3.8% | +0.7% | +5.1% | +3.7% | +4.1% | +1.2% | +6.0% | −6.1% |
| 2023 | +7.7% | −3.2% | +1.2% | +0.3% | +0.2% | +3.4% | +4.6% | −4.2% | −2.8% | −0.6% | +8.4% | +8.5% |
| 2022 | — | — | — | — | — | — | — | −5.3% | −12.9% | +0.5% | −1.2% | −4.2% |
BCDF Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.49%
- 3-year Sharpe ratio: 0.63 (vs 4.5% risk-free rate)
- Best month: +8.47% (Dec 2023)
- Worst month: −7.20% (Jun 2026)
BCDF Fund Flows
Monthly money in and out of Horizon Kinetics Blockchain Development ETF, from SEC Form N-PORT.
- 12-month net flow: $4.0M
- 12-month gross sales (incl. reinvestments): $4.7M
- Sales ÷ redemptions: 6.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $796K | $0 | $796K |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $788K | $0 | $788K |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $1.6M | $0 | $1.6M |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $774K | −$774K |
| Oct 2025 | $791K | $0 | $791K |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $800K | $0 | $800K |
BCDF Assets Under Management
Net assets of Horizon Kinetics Blockchain Development ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $21.62M |
| 2026-03-31 | $20.55M |
| 2025-12-31 | $18.76M |
| 2025-09-30 | $19.65M |
| 2025-06-30 | $18.64M |
| 2025-03-31 | $13.22M |
| 2024-12-31 | $13.16M |
| 2024-09-30 | $11.87M |
| 2024-06-30 | $9.85M |
| 2024-03-31 | $9.29M |
| 2023-12-31 | $6.73M |
| 2023-09-30 | $3.16M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.