BWEB vs. PSL ETF Comparison
Comparison of Bitwise Web3 ETF (BWEB) to PowerShares Dynamic Consumer Staples (PSL)
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
$41.10
Average Daily Volume
458
9
PSL
PowerShares Dynamic Consumer Staples
PSL Description
The PowerShares Dynamic Consumer Staples Sector Portfolio (Fund) is based on the Dynamic Consumer Staples Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US consumer staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$98.62
Average Daily Volume
1,922
31
Performance
| Period | BWEB | PSL |
|---|---|---|
| 30 Days | 2.60% | 1.48% |
| 60 Days | -9.22% | 1.72% |
| 90 Days | -6.21% | 2.27% |
| 12 Months | 24.74% | 15.80% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BWEB | Weight in PSL | Overlap |
|---|
BWEB Underweight 31 Positions Relative to PSL
| Symbol | Grade | Weight | |
|---|---|---|---|
| SFM | B | -4.57% | |
| COKE | B | -4.47% | |
| COST | B | -4.29% | |
| CHD | A | -4.03% | |
| HRB | B | -3.93% | |
| SCI | B | -3.71% | |
| PG | A | -3.69% | |
| CASY | C | -3.68% | |
| ATGE | C | -3.61% | |
| USFD | B | -3.55% | |
| ELF | F | -3.52% | |
| KR | C | -3.49% | |
| PFGC | B | -3.41% | |
| BJ | D | -3.34% | |
| PEP | A | -3.28% | |
| BFAM | B | -3.26% | |
| FRPT | B | -3.19% | |
| LRN | B | -3.13% | |
| CALM | B | -3.06% | |
| MDLZ | A | -2.94% | |
| BRBR | A | -2.9% | |
| VITL | D | -2.77% | |
| INGR | A | -2.75% | |
| POST | B | -2.7% | |
| SPB | B | -2.69% | |
| LOPE | D | -2.6% | |
| LAUR | C | -2.52% | |
| BROS | D | -2.43% | |
| PRDO | D | -2.4% | |
| STRA | D | -1.98% | |
| UTZ | A | -1.9% |
BWEB: Top Represented Industries & Keywords
PSL: Top Represented Industries & Keywords
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