{
 "ticker": "NODE",
 "name": "Onchain Economy ETF",
 "issuer": "VanEck",
 "desk": "themes",
 "url": "https://etfiq.com/funds/node",
 "html": "https://etfiq.com/funds/node",
 "markdown": "https://etfiq.com/funds/node.md",
 "as_of": "2026-09-11",
 "verdict": "NODE holds 43 stocks, and 90% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "9.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NODE, already in the S&P 500: 9.7%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NODE, active share vs the S&P 500: 98.1%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "56.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NODE, top ten holdings: 56.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+11.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NODE, total return, 1 year: +11.4%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$73m",
   "source": "the issuer daily holdings, added up, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "NODE, net assets: $73m (the issuer daily holdings, added up, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.67%",
   "source": "485BPOS XBRL, Apr 29, 2026",
   "as_of": "2026-09-11",
   "sentence": "NODE, expense ratio: 0.67% (485BPOS XBRL, Apr 29, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Stablecoins and tokenisation",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "May 14, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "9.7%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.1%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "4.1%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "97.5%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "56.4%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "43",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "VanEck Bitcoin ETF 14.8%, Figure Technology Solutions Inc 6.1%, Hut 8 Corp 5.5%, Iren Ltd 5.5%, Terawulf Inc 5.1%, Cipher Mining Inc 4.7%, Cleanspark Inc 4.0%, Riot Platforms Inc 3.9%, Applied Digital Corp 3.5%, Mara Holdings Inc 3.2%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$73m",
   "source": "the issuer daily holdings, added up, as of Sep 10, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221214.7%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.67%",
   "source": "485BPOS XBRL, Apr 29, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.68%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "BITQ 44%, MNRS 43%, FDIG 42%, WGMI 41%, DAPP 40%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22128.3%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221211.6 pts",
   "Gap to Nasdaq-100": "\u22127.5 pts"
  },
  {
   "window": "6 months",
   "Total return": "+18.0%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+2.0 pts",
   "Gap to Nasdaq-100": "\u22122.7 pts"
  },
  {
   "window": "1 year",
   "Total return": "+11.4%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u22126.1 pts",
   "Gap to Nasdaq-100": "\u221211.6 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+54.2%",
   "S&P 500": "+31.9%",
   "Gap to S&P 500": "+22.3 pts",
   "Gap to Nasdaq-100": "+15.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of NODE is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 10% of NODE by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does NODE hold?",
   "a": "43 positions as published by its issuer for Sep 10, 2026, with the top ten at 56% of the fund. The largest are VanEck Bitcoin ETF at 14.8%, Figure Technology Solutions Inc at 6.1%, Hut 8 Corp at 5.5%."
  },
  {
   "q": "Has NODE beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 NODE returned +11.4% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 6.1 points."
  },
  {
   "q": "What does NODE cost?",
   "a": "The prospectus expense ratio is 0.67% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.68%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}