BWEB vs. ESPO ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to VanEck Vectors Video Gaming and eSports ETF (ESPO)

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

$56.23

Average Daily Volume

531

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ESPO

VanEck Vectors Video Gaming and eSports ETF

ESPO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Video Gaming & eSports Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is a global index that tracks the performance of the global video gaming and eSports (also known as electronic sports) segment. The fund may invest in depositary receipts and securities denominated in foreign currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.01

Average Daily Volume

16,906

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BWEB	ESPO
30 Days	15.73%	11.20%
60 Days	26.39%	12.27%
90 Days	28.55%	17.51%
12 Months	64.21%	50.29%

4 Overlapping Holdings

Symbol	Grade	Weight in BWEB	Weight in ESPO	Overlap
EA	A	3.81%	5.95%	3.81%
RBLX	B	7.17%	5.82%	5.82%
TTWO	A	3.87%	4.67%	3.87%
U	C	3.53%	3.98%	3.53%

BWEB Overweight 24 Positions Relative to ESPO

Symbol	Grade	Weight
COIN	B	11.22%
SHOP	B	9.65%
META	C	6.85%
EQIX	A	6.53%
SQ	A	4.55%
HOOD	B	4.24%
NET	B	4.03%
MARA	B	3.61%
CLSK	C	2.04%
RIOT	C	1.99%
AKAM	F	1.97%
NVDA	A	1.58%
TSM	C	1.34%
GOOG	B	1.29%
V	A	1.23%
MA	B	1.2%
XOM	A	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	B	0.15%

BWEB Underweight 4 Positions Relative to ESPO

Symbol	Grade	Weight
APP	B	-12.96%
AMD	F	-6.71%
NTES	C	-5.71%
GME	C	-5.12%