Understanding the STKd 100 MSTR & 100 COIN ETF (APED)

What this ETF is trying to do

The APED ETF, known as the STKd 100 MSTR & 100 COIN ETF, is a single-stock ETF. This means it is designed to track the performance of a specific asset or strategy rather than a broad basket of many different companies. Based on its name and data, it is also classified as a crypto-related fund.

What the numbers show

The current price of APED is $6.90. When looking at how the share price has changed over time, the data shows a significant decline.

The one-year price return is approximately -72.89%. This figure measures only the change in the share price over the last year. Because no distributions were paid, the one-year total return is also approximately -72.89%.

An estimated price from roughly one year ago was $25.45. Comparing that estimate to the current price of $6.90 highlights the recent share-price decline.

Income and distribution explanation

Some investors look at ETFs to receive regular cash payments, known as distributions. For APED, the distribution yield is 0%. The data shows no distributions were detected over the last 12 months. Because there are no payouts, this ETF does not currently provide income to investors.

NAV erosion explanation

In investing, "NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). It is important to distinguish between a falling market price and NAV erosion.

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, the fund does show signs of significant price-based movement. It has an erosion score of 10, which is labeled as "Severe price erosion." Because of this high score and the sharp decline in share price, a severe erosion-risk flag has been triggered.

Pros

• The fund provides direct exposure to a specific crypto-related strategy through a single ticker.

Cons

• Significant Price Decline: The share price has dropped by approximately 72.89% over the last year.

• No Income: There are no distributions or dividends being paid to investors.

• High Risk Indicators: The fund has a severe erosion-risk flag and a severe price erosion label.

Beginner takeaway

APED is a single-stock, crypto-related ETF that has experienced a very large share-price decline over the past year. It does not pay out any income or distributions. Investors should be aware that the fund currently carries a severe erosion-risk flag due to its recent price performance.