BITQ vs. PWB ETF Comparison
Comparison of Bitwise Crypto Industry Innovators ETF (BITQ) to PowerShares Dynamic LargeCap Growth (PWB)
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
$12.92
Average Daily Volume
74,686
19
PWB
PowerShares Dynamic LargeCap Growth
PWB Description
The PowerShares Dynamic Large Cap Growth Portfolio (Fund) is based on the Dynamic Large Cap Growth IntellidexSM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index seeks to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10-factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$98.18
Average Daily Volume
22,081
50
Performance
Period | BITQ | PWB |
---|---|---|
30 Days | 11.19% | 4.29% |
60 Days | 5.56% | 10.31% |
90 Days | -8.11% | 1.75% |
12 Months | 104.15% | 45.81% |
BITQ Underweight 46 Positions Relative to PWB
Symbol | Grade | Weight | |
---|---|---|---|
ORCL | C | -3.93% | |
META | A | -3.52% | |
AMZN | C | -3.5% | |
CRM | B | -3.38% | |
MSFT | D | -3.33% | |
NFLX | B | -3.28% | |
TMUS | A | -3.24% | |
AAPL | C | -3.22% | |
GOOGL | B | -3.21% | |
COST | C | -3.14% | |
NVDA | B | -3.05% | |
LLY | D | -2.97% | |
ADBE | F | -2.93% | |
CEG | A | -1.81% | |
FICO | A | -1.55% | |
SCCO | B | -1.55% | |
ETN | C | -1.53% | |
PWR | B | -1.52% | |
ANET | A | -1.52% | |
BKNG | C | -1.51% | |
IR | B | -1.5% | |
SPOT | C | -1.5% | |
TT | A | -1.5% | |
KKR | C | -1.49% | |
GWW | B | -1.48% | |
HLT | B | -1.48% | |
AXP | B | -1.47% | |
TDG | B | -1.46% | |
AMAT | B | -1.45% | |
BSX | A | -1.44% | |
MSI | A | -1.43% | |
GD | C | -1.43% | |
ALL | C | -1.41% | |
FTNT | B | -1.41% | |
PGR | C | -1.41% | |
HWM | A | -1.41% | |
ECL | B | -1.41% | |
CTAS | C | -1.4% | |
SPGI | B | -1.4% | |
WM | B | -1.36% | |
APH | D | -1.35% | |
MCO | D | -1.35% | |
MPWR | B | -1.35% | |
CL | D | -1.35% | |
KLAC | B | -1.33% | |
RSG | C | -1.33% |
BITQ: Top Represented Industries & Keywords
PWB: Top Represented Industries & Keywords