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Launched · SEC filings

STKd 100% Bitcoin & 100% Gold ETF

BTGDNasdaqD

$22.85+0.29 (+1.27%)

At close: Nov 2, 2026, 4:00 PM ET

D30/ 100

Rank 84 of 99 in Leveraged Long (2x & Other)

D30/100Rank 84 of 99inLeveraged Long (2x & Other)
Intraday session: up, 79 prints from 22.56 to 22.85. Range 22.85 to 23.33. Use the arrow keys to read each point.23.0023.2010 AM12 PM2 PM4 PM
Expense ratio
1.09%
Fund size
$46M
1Y total return
−44.9%
Yield · Last 12 months
5.12%
Holdings
4
Avg volume · 30D
23K sh
52W range
low $19.12high $43.75
Launched
Filings
SEC EDGAR

The ETF.net BTGD Grade

D

Score 30 out of 100

Category
Leveraged Long (2x & Other)⁠
Rank
84 of 99
Six-pillar profile for BTGD. Scores out of 100: Cost 17, Risk 24, Mission 16, Tradability 56, Holdings 32, Durability 60. Strongest: Durability (60). Weakest: Mission (16). Leans toward Durability and Tradability.

Score 30 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F17 out of 100
    Rank 82 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F16 out of 100
    Rank 13 of 13

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F24 out of 100
    Rank 83 of 98

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 41 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D32 out of 100
    Rank 24 of 27

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 37 of 99

Our read on BTGD

ETF.net Research

In short

DOne ticker, two hard-money bets: every dollar in targets about a dollar of bitcoin exposure and a dollar of gold exposure, stacked on top of each other with futures inside a 1940 Act fund.

Stated mandate

The Fund seeks long-term capital appreciation through an actively managed strategy combining bitcoin and gold exposures, obtained through U.S.-listed futures contracts and pooled investment vehicles.

Why people hold it

  • Stacked design: $1 invested aims for roughly $1 of bitcoin exposure plus $1 of gold exposure, so you are not splitting one wallet between the two.sec.gov
  • Runs the plumbing for you: futures and low-cost ETPs held through a Cayman subsidiary, bought and sold in a brokerage account. No exchange logins, no vault.sec.govsec.gov 2
  • The original of its kind. Launched October 2024 as the first ETF to stack bitcoin and gold exposure in one wrapper, and it is actively managed.businesswire.com

Worth knowing

  • Costs 1.09% a year, above the leveraged-bull norm. ProShares' QLD runs 0.89%, net of a waiver through September 30, 2027.
  • Leverage runs both directions: about 200% notional means a bad stretch in both sleeves compounds downward, and futures financing is a steady drag.sec.govsec.gov 2
  • It owns futures and fund shares, not bullion or coins, and it is a small, thinly traded fund. Limit orders are your friend here.sec.gov

BTGD Holdings

Holdings pillarD32 out of 100Rank 24 of 27 in Leveraged Long (2x & Other)
Asset class
Other
Holdings
4
Top-10 weight
235%
Largest holding
74347G440-TRS-07/23/29-L102.5%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
174347G440-TRS-07/23/29-LProshares Bitcoin Etf-Swap-Mrex-L102.53%4,067,494$41.6M1
298149E303-TRS-10/13/33-LSpdr Gold Minishares-Swap-Mrex-L96.40%509,228$39.1M1
3FGXXXFirst American Government Obligations Fund 12/01/203130.56%12,402,902$12.4M86
4GLDMSPDR Gold MiniShares Trust5.98%31,583$2.43M14

Showing 1–4 of 4 holdings

BTGD Performance

Launched Oct 15, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
BTGD$5,511
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. BTGD $5,511. SPY $11,199. Use the arrow keys to read each point.$5,000$7,500$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BTGD. Periods over one year show the average yearly return.
PeriodBTGD
Year to date−34.3%
1 month−16.3%
3 months+9.7%
1 year−44.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BTGD
YearReturn barBTGD
2026 YTD−34.3%
2025+34.6%
2024+29.8%

History from Oct 16, 2024

BTGD in the news

BTGD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
5.12%Last 12 months
Payout per share
$1.15Last 12 months
Last payment
$1.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.05; Dec 30, 2025 $1.15. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$1.15
Dec 23, 2024Dec 26, 2024$0.05

$10,000 in BTGD 1 year ago paid $273 in dividends.

BTGD Risk

Risk pillarF24 out of 100Rank 83 of 98 in Leveraged Long (2x & Other)
How much the fund’s monthly returns vary, scaled to a year.
54.5%
Annualised · 24 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.27
vs 3-month T-bills · 24 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−58.8%
24 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.84
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BTGD Cost

Compare BTGD and WX

Overpaying vs WX, cheapest in Leveraged Long (2x & Other)

$15,978

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BTGD 1.09%

    $20,133

  • WX 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • BTGD 1.09%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530BTGD $20,133WX $4,155

Year by year

YearBTGDWXOverpaying
10$1,915$365$1,550
20$7,166$1,421$5,745
30$20,133$4,155$15,978

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