BHDG
+0.00 · +0.00%
$24.82 · NASDAQ

Nicholas Bitcoin Tail ETF (BHDG) ETF Analysis | ETF

ETF · USA
AUM:$0
#– of – in ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

BHDG returned +0.0% over the past year, broadly in line with flat market conditions.

What is BHDG?

Under normal market conditions, the fund"s portfolio will primarily consist of: Exchange-listed options on (i) U. -listed ETPs and/or ETFs that seek to track the price performance of bitcoin or (ii) an index designed to reflect the price performance of bitcoin, which are intended to provide downside protection during periods of significant declines in the price of bitcoin; and Sold call options or call spread positions on Bitcoin underlying funds and/or a bitcoin index, which are used to help finance the cost of purchasing the fund"s long put options.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
BHDG returned 0.0% over the past year.
Concentrated Holdings
Top 10 holdings account for 85.3% of the ETF — significant weight in a small number of names.
ETF Information
AUM$0
Expense Ratio0.00%
Dividend Yield0.00%
Holdings1
Inception Date
Domicile
Distribution
Index
Provider
Beta
Category
CurrencyUSD
Portfolio Impact

How would BHDG affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-12.3%
1Y
-12.3%
3Y
-12.3%
5Y
-12.3%
OpenBook InsightIf you had invested £10,000 in BHDG 5 years ago, it would have fallen to £8,772 — a loss of £1,228.

Annual Returns

Calendar year performance

BHDG delivered positive returns in 0 of the last 1 calendar years.
YearBHDG
2026 YTD-12.3%
0/1 positive yearsAvg return: -12.3%Worst year: -12.3% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
15.7%
Low
Momentum
-5.5%
30-day change
Support Level
22.13
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Monitor key support and resistance levels as part of broader risk assessment.