FDIG vs. BITQ ETF Comparison
Comparison of Fidelity Crypto Industry and Digital Payments ETF (FDIG) to Bitwise Crypto Industry Innovators ETF (BITQ)
FDIG
Fidelity Crypto Industry and Digital Payments ETF
FDIG Description
The fund ormally invests at least 80% of assets in equity securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies engaged in activities related to cryptocurrency, related blockchain technology, and digital payments processing. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$36.64
Average Daily Volume
56,643
Number of Holdings
*
22
* may have additional holdings in another (foreign) market
BITQ
Bitwise Crypto Industry Innovators ETF
BITQ Description
The Bitwise Crypto Industry Innovators ETF (the Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bitwise Crypto Innovators 30 Index. The Index was designed to measure the performance of companies leading the rapidly emerging crypto economy. At least 85% of the index is focused on pure-play crypto companies, including bitcoin and crypto trading venues, crypto mining and mining equipment firms, and service providers. Examples include Coinbase (COIN), Silvergate Capital (SI), and MicroStrategy (MSTR). Up to 15% of the index is focused on supporting companies: Innovative large cap firms with diversified business interests that include at least one significant business line focused on the crypto economy. Examples include PayPal (PYPL), Nvidia (NVDA), and Square (SQ). The fund offers investors a picks and shovels approach to investing in the crypto economyGrade (RS Rating)
Last Trade
$19.43
Average Daily Volume
112,146
Number of Holdings
*
18
* may have additional holdings in another (foreign) market
Performance
Period | FDIG | BITQ |
---|---|---|
30 Days | 23.14% | 29.27% |
60 Days | 44.28% | 58.43% |
90 Days | 36.37% | 54.85% |
12 Months | 117.04% | 167.13% |
11 Overlapping Holdings
Symbol | Grade | Weight in FDIG | Weight in BITQ | Overlap | |
---|---|---|---|---|---|
APLD | C | 3.05% | 3.32% | 3.05% | |
BTBT | C | 3.0% | 2.2% | 2.2% | |
CIFR | B | 4.75% | 5.38% | 4.75% | |
CLSK | C | 6.74% | 4.51% | 4.51% | |
COIN | A | 12.18% | 10.37% | 10.37% | |
IREN | C | 5.02% | 4.68% | 4.68% | |
MA | A | 1.31% | 0.98% | 0.98% | |
MARA | B | 8.03% | 8.63% | 8.03% | |
RIOT | B | 6.52% | 5.22% | 5.22% | |
V | A | 1.33% | 0.98% | 0.98% | |
WULF | C | 5.67% | 5.93% | 5.67% |
FDIG: Top Represented Industries & Keywords
Industries:
Software - Infrastructure
Business Services
Capital Markets
Credit Services
Software - Application
Computer Hardware
Information Technology Services
Specialty Chemicals
Keywords:
Payment Systems
Bitcoin
Cryptocurrency
Bitcoin Mining
Credit Card
Fintech
Debit Card
Digital Currencies
E-Commerce
Economics Of Bitcoin
S&P 500
Transaction Processing Services
Computing
Decentralization
Online Payments
Payment Processing
Payment Solutions
Transaction Processing
Blockchain
Cryptography
BITQ: Top Represented Industries & Keywords