Performance in Focus: DDA Heliad Dynamic Blockchain ETP – Rebalance Recap
Key Takeaways
- Index and product rebalanced at 14:00 CET, 6 Jan 2025
- Avalanche (“AVAX”) replaces Toncoin (“TON”)
- Solana now top-weighted constituent
The DDA Heliad Dynamic Blockchain ETP went through its first rebalancing since its listing on Börse Stuttgart in December 2024. The index sponsor Heliad Crypto Partners together with the index provider Lixx released its quarterly review of the Heliad Dynamic Blockchain Index, the underlying index for the DDA Heliad Dynamic Blockchain ETP.
According to the index methodology, the index was then rebalanced to its new target composition at 14:00 CET, 6 Jan 2025. Find out more about the index and index methodology here.
New Allocation as of 6 Jan 2025
Avalanche (“AVAX”) joins the index, replaces TON
The index saw Avalanche (“AVAX”) replacing Toncoin (“TON”), mainly due to more attractive valuation metrics relative to on-chain usage indicators.
Other notable shifts in index weightings include Solana (“SOL”), Celo (“CELO”), Optimism (“OP”), Tron (“TRX”) and Sui (“SUI”). Throughout Q4 2024, Solana, Celo and Optimism continued to show strong transaction and active user statistics, warranting an index allocation increase. And while Tron and Sui showed strong price performance, their usage metrics did not fully keep up with the valuation uplifts – leading to a decrease in weights. Solana continues to impress with real user traction, rivalling Ethereum as the go-to smart contract platform, and now boasts the top index constituent weighting.
Performance of DDA Heliad Dynamic Blockchain ETP
| 1M | 3M | 1Y | 3Y | YTD | Since first trading date | |
| DDA Heliad Dynamic Blockchain ETP | +10.3% | – | – | – | +3.8% | +10.3% |
Source: DDA, data as of 22 Jan 2025, since start of trading on 20 Dec 2024. Past performance is no guarantee of future results.
About DDA Heliad Dynamic Blockchain ETP
| Product name | DDA Heliad Dynamic Blockchain ETP |
| Ticker Bloomberg / Börse Stuttgart | HELI / HELI GS |
| ISIN / WKN | DE000A4AHWT9 / A4AHWT |
| TER | 3.20% |
| Base Currency | USD |
| Underlying | Heliad Dynamic Blockchain Index |
| Product Structure | Physically replicating |
| Rebalancing Frequency | Quarterly |
| Income Treatment | Accumulating |
| Index Provider | LIXX GmbH |
| Domicile | Liechtenstein |
| Issuer | DDA ETP AG |
| Security Trustee | Griffin Trust AG |
| Custodian(s) | Aplo SAS |
| First Trade Date | 20 December 2024 |
| Listing Date | 17 December 2024 |
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Important Notices
This article represents solely a non-binding preliminary information which serves exclusively advertising purposes. It is not a prospectus in the sense of the Regulation (EU) 2017/1129(Prospectus Regulation) and the German Securities Prospectus Act (Wertpapierprospektgesetz – WpPG).
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