BWEB vs. TMAT ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to Main Thematic Innovation ETF (TMAT)
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

$56.98

Average Daily Volume

554

Number of Holdings *

28

* may have additional holdings in another (foreign) market
TMAT

Main Thematic Innovation ETF

TMAT Description The investment seeks to outperform the MSCI ACWI Index® in rising markets while limiting losses during periods of decline. The adviser seeks to achieve its objective through dynamic thematic rotation. The Adviser focuses its research primarily on identifying emerging, disruptive, and innovative themes that have a large market demand or addressable market. The Adviser rotates among themes with large addressable markets which may range from nascent technologies to those on the cusp of widespread adoption and buys securities of ETFs investing in those themes.

Grade (RS Rating)

Last Trade

$21.03

Average Daily Volume

16,295

Number of Holdings *

113

* may have additional holdings in another (foreign) market
Performance
Period BWEB TMAT
30 Days 15.18% 14.31%
60 Days 25.70% 21.49%
90 Days 24.20% 21.44%
12 Months 60.89% 45.72%
12 Overlapping Holdings
Symbol Grade Weight in BWEB Weight in TMAT Overlap
APLD B 0.48% 0.85% 0.48%
CLSK C 2.04% 0.47% 0.47%
COIN C 11.22% 1.26% 1.26%
EA A 3.81% 0.66% 0.66%
GOOG C 1.29% 0.54% 0.54%
HOOD B 4.24% 1.67% 1.67%
IREN C 1.09% 0.6% 0.6%
META D 6.85% 2.9% 2.9%
NVDA B 1.58% 4.51% 1.58%
TSM B 1.34% 3.23% 1.34%
TTWO A 3.87% 0.64% 0.64%
WULF C 1.17% 0.84% 0.84%
BWEB Overweight 16 Positions Relative to TMAT
Symbol Grade Weight
SHOP B 9.65%
RBLX C 7.17%
EQIX A 6.53%
SQ A 4.55%
NET B 4.03%
MARA B 3.61%
U C 3.53%
RIOT C 1.99%
AKAM D 1.97%
V A 1.23%
MA B 1.2%
XOM B 1.19%
MSFT D 1.17%
CIFR C 0.82%
BTBT C 0.39%
CMPO B 0.15%
BWEB Underweight 101 Positions Relative to TMAT
Symbol Grade Weight
APP B -4.15%
AFRM A -2.22%
RKLB A -1.82%
TXN C -1.76%
ARM F -1.51%
MU D -1.5%
GLBE B -1.3%
AVGO D -1.29%
KTOS B -1.25%
ANSS B -1.2%
MKSI C -1.02%
KLAC F -0.97%
PAY A -0.88%
VRT B -0.85%
STM F -0.85%
IBKR A -0.81%
FOUR A -0.8%
LYFT C -0.8%
NTNX B -0.79%
PAYC B -0.79%
GENI C -0.78%
LMND B -0.77%
HRI C -0.77%
BLND A -0.77%
CPAY A -0.75%
EME A -0.75%
FLNC D -0.74%
DLO C -0.73%
RDNT B -0.73%
PRCT B -0.73%
PCTY C -0.72%
AMSC B -0.71%
BILI D -0.7%
WK B -0.7%
CSL C -0.68%
HQY A -0.67%
APH A -0.66%
FLYW B -0.66%
TDG D -0.64%
DKNG B -0.64%
DLR B -0.63%
CDNA D -0.63%
CFLT B -0.63%
ZD B -0.63%
CPRT B -0.63%
ACVA B -0.62%
QLYS B -0.6%
UNP C -0.59%
WT A -0.58%
SYK B -0.58%
IRDM D -0.58%
UTHR C -0.58%
LPRO B -0.57%
NIO F -0.57%
ICE C -0.55%
SWTX C -0.55%
BMI B -0.55%
EVTC B -0.55%
ACHR B -0.54%
ON D -0.54%
ABNB C -0.54%
BAH F -0.54%
VTEX F -0.54%
IBTA C -0.53%
NTAP C -0.53%
LNW F -0.52%
DLB B -0.52%
WDC D -0.51%
EBR F -0.51%
ONTO F -0.5%
ASND F -0.5%
BE B -0.5%
ARE F -0.49%
FSLR F -0.49%
HIMS B -0.49%
PSTG D -0.48%
BRKR D -0.47%
AMAT F -0.47%
APPF B -0.47%
CRSR C -0.47%
GERN D -0.47%
PLUG F -0.46%
KRYS C -0.45%
CRSP D -0.45%
PDD F -0.45%
FORM D -0.42%
SPT C -0.42%
MQ D -0.41%
LLY F -0.4%
HUYA F -0.4%
PUBM C -0.39%
LRCX F -0.38%
SRPT F -0.38%
RIVN F -0.35%
LAZR D -0.34%
PAGS F -0.33%
LCID F -0.33%
RCKT F -0.31%
ENPH F -0.29%
SMCI F -0.18%
JMIA F -0.17%
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