Owns companies that use, invest in, develop or sell products tied to blockchain technology and the efficiency it brings to business processes, following an Indxx index.
LEGR, the First Trust Indxx Innovative Transaction & Process ETF, is a $127 million ETF whose main story is onchain infrastructure. Over the past year it returned +16.5%, against +16.8% for broad US ETFs. Figures to October 2, 2026; past performance, not a recommendation.
The narrative it carries
This is its only narrative.
Onchain infrastructure →
Network tokens such as Solana, and the blockchain companies building payment and trading systems on them.
The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.
| # | ETF | SHARE | ASSETS | 1 YEAR | COST |
|---|---|---|---|---|---|
| 1 | BSOL | 20.6% | $1.33bn | – | – |
| 2 | ETH | 16.6% | $2.51bn | −39.8% | 0.15% |
| 3 | ETHE | 12.9% | $1.95bn | −41.3% | 2.50% |
| 4 | ETHB | 7.8% | $1.18bn | – | 0.25% |
| 5 | FSOL | 5.3% | $239.3m | – | – |
| 42 other ETFs | 36.8% |
Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 47 ETFs on the narrative page →
FRI OCT 2MARKET PRICE TOTAL RETURN
| 1M | 3M | YTD | 1Y | 3Y* | 5Y* | |
|---|---|---|---|---|---|---|
| LEGR | −2.5% | +1.9% | +10.8% | +16.5% | +23.6% | +11.5% |
| Onchain infrastructureits narrative | +15.1% | +49.2% | +0.3% | −37.2% | +33.2% | +1.3% |
| The marketbroad US ETFs | +0.8% | +2.6% | +14.6% | +16.8% | +22.9% | +12.9% |
1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on January 25, 2018: +11.5% a year.
$10,000 invested January 31, 2018
Year by year
Total return in each calendar year; this year is year to date. A year appears only if LEGR traded for all of it.
Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.
FRI OCT 2MARKET PRICE TOTAL RETURN
How closely it moves
LEGR moves closely with the market. When the market has moved 1%, LEGR has tended to move 0.84%.
LEGR moves largely apart from onchain infrastructure. When onchain infrastructure has moved 1%, LEGR has tended to move 0.05%.
Weekly returns over 157 weeks. The narrative is measured without LEGR in it, so it is not compared with itself.
ETFs it moves most and least like
Correlation of weekly returns over the last 3 years, among unlevered ETFs StoryVector covers.
Where it sits in Onchain infrastructure
Each dot is one of 5 unlevered ETFs whose main narrative is onchain infrastructure, placed by its return (up) and how much it swung (right) over the last year.
Risk
Cost against its peers
LEGR is the 10th cheapest of 16 ETFs in onchain infrastructure. The dashed line is the middle of the group, 0.42% a year.
How it is built
An unlevered long ETF that owns its holdings directly. It counts toward Share of Narrative.
Narrative exposure
Common questions
What story is LEGR selling?
LEGR’s main story is onchain infrastructure, which covers network tokens such as Solana, and the blockchain companies building payment and trading systems on them.
Which ETFs compete with LEGR?
The ETFs whose weekly returns move most like LEGR’s over the past 3 years are KLMT (0.93), VT (0.93) and ACWI (0.93).
How has LEGR performed against its story?
Over the past year LEGR returned +16.5%, the ETFs carrying onchain infrastructure −37.2% and broad US ETFs +16.8%, to October 2, 2026. Its weekly returns have a correlation of 0.23 with the story. Past performance only.
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