Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
First Trust SkyBridge Crypto Industry and Digital Economy ETF
Active ETF
CRPT
Payout Change
Suspended
Price as of:
$12.05
-0.06
-0.5%
primary theme
N/A
CRPT (ETF)
First Trust SkyBridge Crypto Industry and Digital Economy ETF
Payout Change
Suspended
Price as of:
$12.05
-0.06
-0.5%
primary theme
N/A
CRPT (ETF)
First Trust SkyBridge Crypto Industry and Digital Economy ETF
Payout Change
Suspended
Price as of:
$12.05
-0.06
-0.5%
primary theme
N/A
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
First Trust SkyBridge Crypto Industry and Digital Economy ETF
CRPT | Active ETF
$12.05
$44.5 M
0.00%
0.85%
Vitals
YTD Return
24.6%
1 yr return
149.8%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$44.5 M
Holdings in Top 10
76.2%
52 WEEK LOW AND HIGH
$12.1
$4.63
$14.80
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
First Trust SkyBridge Crypto Industry and Digital Economy ETF
CRPT | Active ETF
$12.05
$44.5 M
0.00%
0.85%
CRPT - Profile
Distributions
- YTD Total Return 24.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust SkyBridge Crypto Industry and Digital Economy ETF
-
Fund Family NameFirst Trust Advisors L.P
-
Inception DateSep 20, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrett Messing
Fund Description
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any investment borrowings) in the common stocks and American Depositary Receipts (“ADRs”) of Crypto Industry Companies and Digital Economy Companies. Under normal market conditions, the Fund will invest at least 50% of its net assets (plus any investment borrowings) in Crypto Industry Companies. The remainder of the Fund’s net assets used to satisfy the 80% test set forth above will be invested in Digital Economy Companies.1.“Crypto Industry Companies” are those companies that (i) derive at least 50% of their revenue or profits directly from goods produced or sold, investments made, or services performed in the crypto industry ecosystem (defined below); and/or (ii) have at least 50% of their net assets accounted for by direct holdings of bitcoin, ether or another cryptocurrency (collectively, “crypto assets”). The Fund’s investment sub-adviser, SkyBridge Capital II, LLC (“SkyBridge” or the “Sub-Advisor”), defines “crypto industry ecosystem” to be those companies involved in servicing the crypto asset markets, including crypto asset mining firms, crypto mining equipment suppliers, crypto asset trading and asset management companies and companies directly holding crypto assets on their balance sheets.2.“Digital Economy Companies” are those companies that derive at least 50% of their revenue or profits directly from goods produced or sold, investments made, or services performed in the digital economy ecosystem (defined below). The Sub-Advisor defines “digital economy ecosystem” to be those companies: (i) operating as digital banks with no physical branches, or, operating as banks with physical branches that nonetheless derive the requisite 50% profits or revenues from digital banking; (ii) operating online brokerage or trading platforms and/or conducting digital market making; (iii) operating digital payment gateways or (iv) manufacturing semiconductors. For the avoidance of doubt, companies deemed to be “Crypto Industry Companies” will not be considered “Digital Economy Companies.”The Fund will not directly invest in digital assets (including bitcoin, other cryptocurrencies or initial coin offerings), or indirectly through the use of derivatives or through investments in funds or trusts that hold digital assets. As the Fund does not directly or indirectly invest in cryptocurrencies or other digital assets, the Fund does not expect to track the price movement of any cryptocurrencies or other digital assets.The Fund’s selection universe includes common stock and ADRs listed on global securities exchanges, including U.S. dollar denominated and non-U.S. dollar denominated securities issued by U.S. and non-U.S. companies, including companies operating in emerging market countries. A significant portion of the Fund’s investments may be in issuers with small market capitalizations. The Sub-Advisor evaluates all companies comprising the selection universe and identifies all eligible Crypto Industry Companies and Digital Economy Companies. From these companies, the Sub-Advisor will invest in those Crypto Industry Companies and Digital Economy Companies that it believes are well positioned to succeed in their respective industries and provide the best opportunity for capital appreciation. The section entitled “Additional Information Regarding the Fund’s Investment Objective and Strategies” provides additional information on the Fund’s intended investments.The Fund’s investments are concentrated (i.e., 25% or more of the Fund’s total assets) in the industries constituting the information technology sector and the financial sector.The Fund is classified as “non-diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”).
Read More
CRPT - Performance
Return Ranking - Trailing
| Period | CRPT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.6% | -24.9% | 17.8% | 100.00% |
| 1 Yr | 149.8% | -68.1% | 26.2% | N/A |
| 3 Yr | N/A* | -43.1% | 28.8% | N/A |
| 5 Yr | N/A* | -32.3% | 26.2% | N/A |
| 10 Yr | N/A* | -2.8% | 17.7% | N/A |
* Annualized
Return Ranking - Calendar
| Period | CRPT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 193.9% | -72.7% | 24.1% | 65.22% |
| 2022 | -80.8% | -22.1% | 50.4% | N/A |
| 2021 | N/A | -31.4% | 49.5% | N/A |
| 2020 | N/A | -23.4% | 13.6% | N/A |
| 2019 | N/A | -13.7% | 34.6% | N/A |
Total Return Ranking - Trailing
| Period | CRPT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.6% | -73.0% | 17.8% | 100.00% |
| 1 Yr | 149.8% | -68.1% | 26.2% | N/A |
| 3 Yr | N/A* | -43.1% | 28.8% | N/A |
| 5 Yr | N/A* | -32.3% | 26.2% | N/A |
| 10 Yr | N/A* | -1.5% | 17.7% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | CRPT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 193.9% | -72.7% | 24.1% | 65.22% |
| 2022 | -80.8% | -22.1% | 50.4% | N/A |
| 2021 | N/A | -31.4% | 49.5% | N/A |
| 2020 | N/A | -23.4% | 13.6% | N/A |
| 2019 | N/A | -12.2% | 34.6% | N/A |
CRPT - Holdings
Concentration Analysis
| CRPT | Category Low | Category High | CRPT % Rank | |
|---|---|---|---|---|
| Net Assets | 44.5 M | 610 K | 31.2 B | 61.02% |
| Number of Holdings | 31 | 1 | 389 | 70.59% |
| Net Assets in Top 10 | 33.9 M | -21.4 M | 5.86 B | 55.88% |
| Weighting of Top 10 | 76.23% | 8.9% | 100.0% | 9.38% |
Top 10 Holdings
- Coinbase Global Inc 24.15%
- MicroStrategy Inc 23.89%
- Galaxy Digital Holdings Ltd 4.33%
- NVIDIA Corp 3.77%
- Meta Platforms Inc 3.73%
- Riot Platforms Inc 3.69%
- Microsoft Corp 3.52%
- Alphabet Inc 3.40%
- BlackRock Inc 2.89%
- Mastercard Inc 2.86%
Asset Allocation
| Weighting | Return Low | Return High | CRPT % Rank | |
|---|---|---|---|---|
| Stocks | 97.28% | 0.00% | 100.33% | 33.82% |
| Cash | 2.72% | -0.34% | 101.46% | 66.18% |
| Preferred Stocks | 0.00% | 0.00% | 29.02% | 92.65% |
| Other | 0.00% | -8.90% | 91.95% | 91.18% |
| Convertible Bonds | 0.00% | 0.00% | 3.05% | 92.65% |
| Bonds | 0.00% | 0.00% | 88.23% | 92.65% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CRPT % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 85.14% | 94.92% |
| Technology | 0.00% | 0.00% | 77.79% | 10.17% |
| Real Estate | 0.00% | 0.00% | 54.95% | 91.53% |
| Industrials | 0.00% | 0.00% | 90.47% | 98.31% |
| Healthcare | 0.00% | 0.00% | 100.00% | 93.22% |
| Financial Services | 0.00% | 0.00% | 95.51% | 3.39% |
| Energy | 0.00% | 0.00% | 32.10% | 94.92% |
| Communication Services | 0.00% | 0.00% | 16.38% | 94.92% |
| Consumer Defense | 0.00% | 0.00% | 53.62% | 96.61% |
| Consumer Cyclical | 0.00% | 0.00% | 41.11% | 69.49% |
| Basic Materials | 0.00% | 0.00% | 36.59% | 98.31% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CRPT % Rank | |
|---|---|---|---|---|
| US | 92.94% | 0.00% | 85.31% | 7.35% |
| Non US | 4.33% | 0.00% | 98.35% | 67.65% |
CRPT - Expenses
Operational Fees
| CRPT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.85% | 0.22% | 4.26% | 34.67% |
| Management Fee | 0.85% | 0.25% | 1.90% | 81.69% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 79.17% |
| Administrative Fee | N/A | 0.03% | 0.19% | N/A |
Sales Fees
| CRPT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
| CRPT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CRPT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 140.00% | N/A |
CRPT - Distributions
Dividend Yield Analysis
| CRPT | Category Low | Category High | CRPT % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.18% | 4.00% |
Dividend Distribution Analysis
| CRPT | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| CRPT | Category Low | Category High | CRPT % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -2.66% | 5.19% | N/A |
Capital Gain Distribution Analysis
| CRPT | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2022 | $0.001 | OrdinaryDividend |
| Dec 31, 2021 | $0.200 | OrdinaryDividend |
CRPT - Fund Manager Analysis
Managers
Brett Messing
Start Date
Tenure
Tenure Rank
Sep 20, 2021
0.69
0.7%
MBrett S. Messing, is the Managing Partner of GPS Partners. Prior, he was a Managing Director at Lehman Brothers and its subsidiary, Neuberger Berman, He began his career at Goldman Sachs where he worked from 1990 to 1997 in several capacities including Co-Head of Restricted Equities Unit and Vice President. He is the co-author of The Forewarned Investor, published by Career Press (2006), and he is a contributor to Fortune magazine and CNBC. r. Messing is a graduate of Harvard Law School (J.D.) and Brown University (A.B., Magna Cum Laude).
Anthony Scaramucci
Start Date
Tenure
Tenure Rank
Sep 20, 2021
0.69
0.7%
Anthony Scaramucci is one of three Managing Partners at SkyBridge Capital. Prior to SkyBridge, he was also the co-founder of Oscar Capital Management, which was sold to Neuberger Berman, LLC in 2001 after building a managed account business and four hedge funds having in aggregate more than $800 million of assets. Upon Neuberger Berman’s sale to Lehman Brothers in 2003, he served as a Managing Director in their Investment Management Division. From 1989 to 1996, Mr. Scaramucci was at Goldman Sachs & Co., where in 1993 he became a Vice President in Private Wealth Management. He earned a B.A. in Economics from Tufts University in 1986 and graduated summa cum laude. He is a member of the Phi Beta Kappa society. He graduated with a J.D. from Harvard Law School in 1989. Mr. Scaramucci is a Board Member of The Lymphoma Foundation and The Brain Tumor Foundation. He is also on the Board of Overseers for the School of Arts and Sciences at Tufts University and a member of the NYC Financial Services Advisory Committee.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.75 | 23.1 | 6.84 | 3.29 |
