(BTGD) STKD Bitcoin & Gold - Overview
Etf: Bitcoin, Gold, Futures, ETPs
Dividends
| Dividend Yield | 3.32% |
| Yield on Cost 5y | 5.87% |
| Yield CAGR 5y | 999.90% |
| Payout Consistency | 83.3% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 136% |
| Relative Tail Risk | 4.67% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.34 |
| Alpha | -8.49 |
| Character TTM | |
|---|---|
| Beta | 1.046 |
| Beta Downside | 0.462 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.00% |
| CAGR/Max DD | 0.97 |
Description: BTGD STKD Bitcoin & Gold December 22, 2025
The STKD Bitcoin & Gold ETF (NASDAQ: BTGD) is an actively-managed, non-diversified ETF that allocates capital to U.S.–listed futures contracts and other pooled investment vehicles across two complementary asset classes: a modern digital asset (Bitcoin) and a traditional store-of-value (gold). Its investment objective is to capture returns from both markets while leveraging the liquidity and tax efficiency of futures.
Key metrics as of the latest filing (Q3 2024) show an expense ratio of 0.85 % and total assets under management of roughly $120 million, reflecting modest investor uptake. The fund’s exposure is roughly split 55 % Bitcoin futures (average open interest ≈ $30 billion) and 45 % gold futures (average open interest ≈ $150 billion), with a reported turnover of 45 % annually, indicating active position management. Primary drivers for performance include Bitcoin’s volatility index (BVOL) and real-interest-rate differentials that influence gold’s risk-off demand.
For a deeper quantitative breakdown of BTGD’s risk-adjusted return profile, consult ValueRay’s model page.
What is the price of BTGD shares?
Over the past week, the price has changed by -16.03%, over one month by -18.65%, over three months by -17.60% and over the past year by +7.94%.
Is BTGD a buy, sell or hold?
What are the forecasts/targets for the BTGD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 45.8 | 49.2% |
BTGD Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 88.3m USD (88.3m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 88.3m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 88.3m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.77% (E(88.3m)/V(88.3m) * Re(9.77%) + (debt-free company))
Discount Rate = 9.77% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)