BITQ vs. ARKD ETF Comparison

Comparison of Bitwise Crypto Industry Innovators ETF (BITQ) to ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD)

BITQ

Bitwise Crypto Industry Innovators ETF

BITQ Description

The Bitwise Crypto Industry Innovators ETF (the Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bitwise Crypto Innovators 30 Index. The Index was designed to measure the performance of companies leading the rapidly emerging crypto economy. At least 85% of the index is focused on pure-play crypto companies, including bitcoin and crypto trading venues, crypto mining and mining equipment firms, and service providers. Examples include Coinbase (COIN), Silvergate Capital (SI), and MicroStrategy (MSTR). Up to 15% of the index is focused on supporting companies: Innovative large cap firms with diversified business interests that include at least one significant business line focused on the crypto economy. Examples include PayPal (PYPL), Nvidia (NVDA), and Square (SQ). The fund offers investors a picks and shovels approach to investing in the crypto economy

Grade (RS Rating)

Last Trade

$20.41

Average Daily Volume

123,943

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKD

ARK 21Shares Blockchain and Digital Economy Innovation ETF

ARKD Description

The fund is an actively managed exchange-traded fund. Under normal conditions, the fund seeks to invest 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the blockchain and in securities issued by companies principally engaged in the blockchain industry and/or digital economy (the "80% Policy"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.35

Average Daily Volume

2,721

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BITQ	ARKD
30 Days	31.93%	27.38%
60 Days	65.40%	40.18%
90 Days	56.40%	40.13%
12 Months	169.24%	115.03%

4 Overlapping Holdings

Symbol	Grade	Weight in BITQ	Weight in ARKD	Overlap
COIN	A	10.9%	17.37%	10.9%
MELI	D	0.82%	2.99%	0.82%
NU	C	0.96%	2.87%	0.96%
PYPL	B	1.08%	3.59%	1.08%

BITQ Overweight 15 Positions Relative to ARKD

Symbol	Grade	Weight
MSTR	A	16.51%
MARA	C	8.95%
WULF	C	4.83%
RIOT	C	4.82%
CIFR	C	4.79%
CLSK	C	4.48%
IREN	C	4.16%
APLD	A	2.82%
BTBT	C	2.25%
IBKR	A	1.25%
BLK	B	1.04%
BK	B	1.01%
V	A	0.95%
MA	B	0.94%
CME	A	0.88%

BITQ Underweight 3 Positions Relative to ARKD

Symbol	Grade	Weight
SQ	A	-11.24%
SHOP	B	-8.44%
HOOD	A	-4.62%

ARKD: Top Represented Industries & Keywords

Industries: Software - Application Banks - Diversified Credit Services Software - Infrastructure Specialty Retail