Filings Digest
Three Themes funds due cash on Friday, September 25
CoinShares Altcoins ETF
This fund does not currently behave like the group it was assigned to, so its grouping is being re-reviewed. Grading pauses until the review resolves, because a letter measured against the wrong peer group would be a statement about the wrong funds.
The ETF.net DIME Grade
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Under classification review
This fund does not currently behave like the group it was assigned to, so its grouping is being re-reviewed. Grading pauses until the review resolves, because a letter measured against the wrong peer group would be a statement about the wrong funds.
Our read on DIME
Most funds in this corner buy the picks and shovels: miners, exchanges, blockchain stocks. DIME goes at the coins themselves, tracking an equally weighted basket of Layer 1 altcoins. It opened for business in 2025.
DIME seeks to track the performance of the CoinShares-Compass Altcoins Index, which represents an equally weighted basket of altcoins associated with Layer 1 digital-asset protocols.
Why people hold it
- Coins, not coin stocks. The index it follows is built from Layer 1 altcoins, while the cohort's leaders (BKCH, BLOK) own blockchain-related equities instead.
- Equal weighting gives every Layer 1 protocol in the basket the same slot, so one dominant token cannot quietly become the whole fund.
- One ticker in an ordinary brokerage account covers a spread of Layer 1 protocols. No wallets, no exchange logins, no seed phrases.
Worth knowing
- The 0.95% expense ratio sits above the middle of its peer group, where several of the highest-rated funds price between 0.50% and 0.70%.
- It launched in October 2025 and remains a small, thinly traded fund, so spreads can be wider than in the category's household names.
- Altcoin prices move violently, and with history starting only in 2025 there is limited track record to size up how rough the ride gets.
DIME Holdings
- Other
- 14
- 86%
- Bitwise NEAR Staking ETP
DIME Performance
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.
DIME$4,818
Returns run to the Oct 12, 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.
| Period | DIME |
|---|---|
| Year to date | −0.1% |
| 1 month | +29.9% |
| 3 months | +45.0% |
| 1 year | −51.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DIME |
|---|---|---|
| 2026 YTD | −0.1% | |
| 2025 | −54.2% |
DIME in the news
Filings Digest
CoinShares to liquidate BTF and DIME on October 21
DIME Dividends
No distributions in the last 12 months.
DIME Risk
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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.
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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.
- −72.6%
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.
- 1.38
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DIME Cost
0.95%