GCPU
This fund is in our universe, but the data needed to grade it was not available when this generation was scored.New York Stock Exchange ArcaGrayscale AI Compute ETF
$38.00−1.23 (−3.12%)
- Expense ratio
- 0.59%
- Fund size
- $13M
- 1Y return
- −2.5%
- Yield · Last 12 months
- Data unavailable
- Holdings
- 30
- Volume · 30D
- 0M sh
- NAV per share
- $39.21
- 52W range
Our read on GCPU
MNRS skips the broad blockchain grab bag and tracks the Indxx Bitcoin Miners Index: the picks-and-shovels crowd running the machines, from a crypto-native issuer that has been in this world since before ETFs were.
The fund seeks to track, before fees and expenses, the performance of the Indxx Bitcoin Miners Index.
Why people hold it
- Charges 0.59% a year, under the 0.69% median for crypto-equity basket funds. Cheap for a niche corner where narrow usually means pricey.
- Pure miner exposure. Rivals like BKCH and BLOK blend exchanges, chipmakers and balance-sheet holders; MNRS follows one index built around the mining business itself.
- Rules-based and index-tracked inside a standard 1940 Act ETF wrapper, not a trust or a swap sleeve. What you see in the index is what the fund aims to hold.
- Sits in the top quartile of its crypto-equity peer group on our review, with cost doing much of the heavy lifting.
Worth knowing
- Miners are the high-octane end of crypto equity: leveraged to bitcoin's price, energy costs and halving math. Expect swings bigger than the coin's.
- A small fund that trades lightly. Spreads can run wider than in the category's giants, which matters most on large or hurried orders.
- Launched in 2025, so the track record is short and our read on it carries only medium confidence.
GCPU Holdings
- Stocks
- 30
- 100%
- IREN
Geography
- United States72.57%
- Australia15.84%
- Singapore6.29%
- Japan4.52%
- China0.77%
Developed 97% · Emerging 3%
GCPU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 23, 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 | GCPU |
|---|---|
| Year to date | +26.5% |
| 1 month | +11.9% |
| 3 months | −20.4% |
| 1 year | −2.5% |
| 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 | GCPU |
|---|---|---|
| 2026 YTD | +26.5% | |
| 2025 | +12.7% |
GCPU in the news
ETF.net Research hasn’t filed on GCPU yet — coverage lands here as it’s written.
GCPU Dividends
- $0.16 per share
- Irregular
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 31, 2025 | Jan 7, 2026 | $0.16 |
GCPU Risk
- 74.9%
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.
- 0.46
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.
- −56.7%
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.
- 0.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GCPU Cost
- 0.59%