BWEB vs. ARKK ETF Comparison
Comparison of Bitwise Web3 ETF (BWEB) to ARK Innovation ETF (ARKK)
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
$58.16
Average Daily Volume
553
28
ARKK
ARK Innovation ETF
ARKK Description
The investment seeks long-term growth of capital. The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The fund currently intends to use only American Depositary Receipts ("ADRs") when purchasing foreign securities. It is non-diversified.Grade (RS Rating)
Last Trade
$56.21
Average Daily Volume
6,881,833
32
Performance
Period | BWEB | ARKK |
---|---|---|
30 Days | 20.36% | 22.84% |
60 Days | 27.06% | 19.75% |
90 Days | 26.77% | 21.56% |
12 Months | 64.23% | 26.83% |
BWEB Overweight 21 Positions Relative to ARKK
BWEB Underweight 25 Positions Relative to ARKK
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -14.91% | |
ROKU | D | -9.33% | |
PLTR | B | -5.33% | |
CRSP | D | -4.63% | |
PATH | C | -2.68% | |
PD | C | -2.27% | |
DKNG | B | -2.15% | |
RXRX | F | -2.11% | |
NTLA | F | -2.09% | |
BEAM | D | -1.91% | |
TTD | B | -1.89% | |
TXG | F | -1.84% | |
TWST | D | -1.8% | |
VCYT | B | -1.73% | |
AMZN | C | -1.59% | |
TER | D | -1.37% | |
SOFI | A | -1.2% | |
PINS | D | -1.14% | |
AMD | F | -1.13% | |
NTRA | B | -1.12% | |
ACHR | B | -1.07% | |
ILMN | D | -0.87% | |
PACB | F | -0.63% | |
CERS | C | -0.36% | |
PRME | F | -0.14% |
BWEB: Top Represented Industries & Keywords
ARKK: Top Represented Industries & Keywords