KOIN ISSUER
The Allindex Fintech Leaders ETF (KOIN) is offered by a leading financial institution specializing in innovative investment solutions. With a focus on fintech, KOIN aims to track the performance of a diversified group of publicly-listed companies considered to be Fintech Leaders. These companies are identified using a proprietary natural language processing (NLP) algorithmic stock selection methodology developed by ALLINDEX. The fund seeks to provide investors with exposure to firms at the forefront of digital asset solutions and new technology solution providers, offering a unique way to participate in the evolving fintech landscape.
KOIN DIVIDEND
While the primary focus of the KOIN ETF may not revolve around dividends, it does reflect the dividend distribution of the underlying Fintech Leaders Index, which consists of publicly-listed companies involved in digital asset solutions and new technology solution providers. Dividend distributions for KOIN, like many ETFs, depend on the dividend policies and performances of its constituent companies. Investors interested in capital appreciation within the fintech sector may also benefit from some level of dividend returns, though the emphasis remains on tracking the performance of the Index.
KOIN TRACKING
Tracking the performance of fintech leaders is the primary objective of the KOIN Tracking ETF. This ETF aims to replicate the ALLINDEX Fintech Leaders Index, which comprises publicly-listed companies actively involved in or adopting digital asset solutions and new technology solution providers. To be included in the index, companies must meet specific criteria, including market capitalization, daily traded value, and free float market capitalization. The index categorizes companies into Digital Asset Providers and Solutions Providers, with components equally weighted and reconstituted periodically. The ETF employs passive management, striving for a correlation of 95% or better with the index and may also invest up to 20% of assets outside the index components to enhance tracking. As of March 1, 2023, the index included 39 component securities, with a focus on financials and information technology sectors. Please note that the fund does not invest directly in cryptocurrencies or initial coin offerings.
KOIN CORRELATION
The correlation aspect of the KOIN ETF (Exchange-Traded Fund) is important for investors looking to understand its behavior in relation to the fintech industry. As KOIN tracks a diversified group of publicly-listed fintech leaders, its correlation is expected to be influenced by the overall performance of the fintech sector. This correlation can be valuable for investors seeking exposure to fintech trends and innovation, as it can serve as an indicator of the fund's responsiveness to market dynamics. For those interested in studying KOIN's correlations with other assets or sectors, ETF Insider provides a web app with simple visualization tools to access deep and insightful data, helping investors make informed decisions and uncover potential overlaps within the fintech industry.
KOIN SECTOR
The KOIN ETF (KOIN) focuses on the rapidly growing sector of Fintech Leaders. This sector comprises companies that are at the forefront of digital asset solutions and new technology solution providers. KOIN tracks an index constructed using a proprietary natural language processing (NLP) algorithmic stock selection methodology, which identifies companies strongly tied to digital asset solutions and new technology solution providers. The ETF provides investors exposure to companies involved in increasing operational efficiencies, optimizing settlement processes, enhancing customer experiences, and improving data security. It equally weights its components, ensuring a balanced representation of Fintech Leaders, making it an ideal investment for those interested in the fintech industry's growth potential.
KOIN EXPOSURE
The exposure of the Innovation Shares NextGen Protocol ETF (KOIN) centers on the innovative fintech sector. KOIN seeks to track the performance of the ALLINDEX Fintech Leaders Index, focusing on publicly-listed companies heavily involved in digital asset solutions and new technology solution providers. This ETF provides investors with exposure to companies leading the way in fintech innovation, potentially benefiting from the growing adoption of digital assets and technology solutions across various industries.