VBB

Valkyrie Balance Sheet Opportunities ETF
*Unless otherwise stated, data provided by FactSet.

VBB Fund Description

VBB is an actively managed ETF that invests in US stocks perceived to have innovative balance sheets, specifically those with direct or indirect exposure to bitcoin.

VBB Factset Analytics Insight

VBB invests in US stocks in which their balance sheets are tied to bitcoin. The fund’s broad scope of bitcoin-tied companies includes stocks that invest, transact, and operate in the bitcoin ecosystem, such as traders, custodians, miners, and other providers of related payments, technology, equipment, or services. VBB considers the relative value of stocks using standard models compared to applicable standard sector ratios. Holdings are weighted with consideration to financial metrics and the percentage of bitcoin held on their balance sheets. Stocks with indirect exposure to bitcoin are collectively capped at 20% of the total portfolio. Other limits include 10% in bitcoin miners, 5% in US-pooled investment vehicles, and 15% in convertible notes and preferred securities. The actively managed fund neither invests directly in bitcoin nor indirectly through derivatives.

PERFORMANCE [as of 06/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
VBB -9.38% -43.97% -52.00% -- -- -- --
VBB (NAV) -9.93% -43.54% -51.82% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

VBB Summary Data

Valkyrie
12/14/21
Open-Ended Fund
0.75%
$559.00K
$16.42K
0.97%

VBB Portfolio Data

$156.00B
-8.55
2.96
--
N/A
24

VBB Index Data

No Underlying Index
Proprietary
Proprietary
N/A

VBB Portfolio Management

0.75%
--
--
--

VBB Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

VBB Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
High
Daily

VBB Factset Analytics Block Liquidity

As of 06/24/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of VBB. VBB is rated a N/A out of 5.

VBB Tradability

1,240
$16.42K
592
$8.25K
0.97%
$0.13
-0.01%
4.67% / -7.92%
None
71.00%
--
--
--
--
0
$11.62
N/A

VBB Sector/Industry Breakdown


VBB
Segment Benchmark
39.95%
--
26.69%
--
13.81%
--
11.29%
--
7.78%
--
0.49%
--

VBB Top 10 Holdings[View All]

Tesla Inc 13.23%
5.43%
4.67%
64.79%

VBB Countries


VBB
Segment Benchmark
89.58%
--
6.84%
--
3.58%
--

VBB Regions


VBB
Segment Benchmark
96.42%
--
3.58%
--

VBB Economic Development


VBB
Segment Benchmark
100.00%
--

VBB Performance Statistics

--
--
--
--
--
N/A

VBB Benchmark Comparison Holdings

24
--
--
--

VBB Benchmark Comparison Summary


VBB
Segment Benchmark
24
--
$156.00B
--
-8.55
--
2.96
--
0.43%
--
High
--

VBB Benchmark Comparison Market Cap Size


VBB
Segment Benchmark
57.20%
--
22.72%
--
3.59%
--
16.49%
--

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.