BITS vs. FTXO ETF Comparison
Comparison of Global X Blockchain & Bitcoin Strategy ETF (BITS) to First Trust Nasdaq Bank ETF (FTXO)
BITS
Global X Blockchain & Bitcoin Strategy ETF
BITS Description
Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in public equity and currency markets of the United States. For its equity portion, it invests directly and through other funds in stocks of companies operating across blockchain companies including digital asset mining, blockchain and digital asset transactions, blockchain applications, blockchain and digital asset hardware, and blockchain and digital asset integration sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in Bitcoin. The fund uses derivatives such as futures contracts to invest in Bitcoin through a wholly-owned subsidiary organized in the Cayman Islands. Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$99.53
Average Daily Volume
4,454
2
FTXO
First Trust Nasdaq Bank ETF
FTXO Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.Grade (RS Rating)
Last Trade
$34.83
Average Daily Volume
46,050
50
Performance
Period | BITS | FTXO |
---|---|---|
30 Days | 39.97% | 13.90% |
60 Days | 56.27% | 19.71% |
90 Days | 48.75% | 19.45% |
12 Months | 163.84% | 64.59% |
0 Overlapping Holdings
Symbol | Grade | Weight in BITS | Weight in FTXO | Overlap |
---|
BITS Underweight 50 Positions Relative to FTXO
Symbol | Grade | Weight | |
---|---|---|---|
WFC | A | -8.79% | |
BAC | A | -7.89% | |
C | A | -7.61% | |
USB | A | -7.5% | |
JPM | A | -7.48% | |
MTB | A | -4.33% | |
FCNCA | A | -3.89% | |
PNC | B | -3.85% | |
CFG | B | -3.74% | |
HBAN | A | -3.72% | |
FITB | A | -3.48% | |
RF | A | -3.32% | |
KEY | B | -2.54% | |
WBS | A | -1.98% | |
FHN | A | -1.91% | |
EWBC | A | -1.64% | |
PB | A | -1.48% | |
PNFP | B | -1.33% | |
WAL | B | -1.19% | |
WTFC | A | -1.13% | |
ZION | B | -1.13% | |
COLB | A | -1.12% | |
SSB | B | -1.12% | |
ONB | B | -1.06% | |
BOKF | B | -1.05% | |
SNV | B | -1.03% | |
OZK | B | -0.99% | |
UBSI | B | -0.95% | |
BPOP | B | -0.91% | |
CFR | B | -0.82% | |
HOMB | A | -0.78% | |
HWC | B | -0.76% | |
ABCB | B | -0.71% | |
UMBF | B | -0.68% | |
CBSH | A | -0.61% | |
CATY | B | -0.59% | |
BKU | A | -0.52% | |
FULT | A | -0.52% | |
BANF | B | -0.51% | |
SFBS | B | -0.51% | |
IBOC | A | -0.51% | |
AX | A | -0.51% | |
WSFS | A | -0.49% | |
CBU | B | -0.49% | |
FFIN | B | -0.49% | |
PRK | B | -0.48% | |
FFBC | A | -0.48% | |
TBBK | B | -0.47% | |
FBP | B | -0.43% | |
WAFD | B | -0.43% |
BITS: Top Represented Industries & Keywords
FTXO: Top Represented Industries & Keywords