BWEB vs. ARKD ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD)
BWEB

Bitwise Web3 ETF

BWEB Description

Bitwise Web3 ETF is an exchange traded fund launched and managed by Bitwise Investment Manager, LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across cryptography and blockchain technology, web3 infrastructure companies, metaverse and immersive digital, web3 development and governance, web3 creator economy sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Bitwise Web3 Equities Index, by using full replication. Bitwise Web3 ETF was formed on October 4, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$57.30

Average Daily Volume

529

Number of Holdings *

28

* 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 *

7

* may have additional holdings in another (foreign) market
Performance
Period BWEB ARKD
30 Days 15.87% 27.38%
60 Days 26.41% 40.18%
90 Days 26.27% 40.13%
12 Months 62.69% 115.03%
4 Overlapping Holdings
Symbol Grade Weight in BWEB Weight in ARKD Overlap
COIN A 11.22% 17.37% 11.22%
HOOD A 4.24% 4.62% 4.24%
SHOP B 9.65% 8.44% 8.44%
SQ A 4.55% 11.24% 4.55%
BWEB Overweight 24 Positions Relative to ARKD
Symbol Grade Weight
RBLX B 7.17%
META C 6.85%
EQIX A 6.53%
NET B 4.03%
TTWO A 3.87%
EA A 3.81%
MARA C 3.61%
U F 3.53%
CLSK C 2.04%
RIOT C 1.99%
AKAM F 1.97%
NVDA A 1.58%
TSM B 1.34%
GOOG B 1.29%
V A 1.23%
MA B 1.2%
XOM B 1.19%
WULF C 1.17%
MSFT D 1.17%
IREN C 1.09%
CIFR C 0.82%
APLD B 0.48%
BTBT C 0.39%
CMPO A 0.15%
BWEB Underweight 3 Positions Relative to ARKD
Symbol Grade Weight
PYPL B -3.59%
MELI D -2.99%
NU C -2.87%
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