CoinShares Gold and Crypto assets Index (CGCI)

The CGCI is an alternative asset index that pairs gold and crypto assets in a way that accounts for their risk contribution.

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Product

Why CGCI?

Risk-managed exposure without extreme volatility

The index combines the high volatility of crypto assets and the low volatility of gold, with minimal correlation between them.

Why Gold & Crypto

By pairing gold and crypto assets in a way that accounts for their risk contribution, the index delivers a risk and return profile that is superior to holding gold or crypto assets alone.

Low Correlation & Volatility Harvesting

Crypto assets can boost portfolio performance due to their unique risk profile, despite volatility. The CGCI capitalises on this through strategic risk management.

Volatility Weighting & Monthly Rebalancing

Risk control tools and a monthly rebalancing mechanism lowers volatility and strengthens the portfolio’s resilience to unforeseen drawdowns during stressful market conditions.

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Index Methodology

The methodology maintains a 5 equally-weighted crypto asset basket paired with gold. Monthly rebalancing adds the top 5 eligible market cap weighted cryptocurrencies. Weights between the crypto basket and gold are determined by a weighted-risk allocation scheme, targeting 80% of total risk from the crypto-basket (α = 4) for diversification.

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Index Constituents

An equally weighted allocation model is employed for the crypto asset basket, comprising 5 constituents for diversification and liquidity. Gold, chosen for its low volatility, correlation, and liquidity, acts as a hedge to traditional markets and balances the crypto asset allocation. Both baskets are combined using a volatility-weighting scheme to create diversified exposure and mitigate risks.

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Index Performance

03 Performance

Total Return Since Inception	5,498.00 %
Annualised Return Since Inception	45.90 %
30 Day Low	45,779.54
30 Day High	56,221.25
Y to Y Return	0.74 %
Annualised Standard Deviation	26.42 %

Key risks

Capital at Risk: Investors' capital is at risk, and they may lose part or all of their investment. Complexity: Crypto Indexes are complex indexes that may be difficult to fully understand. Past Performance: Historical performance figures are provided for reference only and should not be considered as a reliable indicator of future returns Currency & Fees: Performance data is presented in US dollars and does not account for any trading and execution fees.

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