IBIT vs. GSIB ETF Comparison

Comparison of iShares Bitcoin Trust (IBIT) to Themes Global Systemically Important Banks ETF (GSIB)

IBIT

iShares Bitcoin Trust

IBIT Description

IBIT aims to track the spot price of Bitcoin, less expenses and liabilities. It intends to provide accessibility to Bitcoin without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by Bitcoin held in cold storage, which is a safeguarding method by which the private keys corresponding to the trusts Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CF Benchmarks Index. This serves as a once-a-day benchmark rate of Bitcoins USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes

Grade (RS Rating)

Last Trade

$56.49

Average Daily Volume

41,610,948

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GSIB

Themes Global Systemically Important Banks ETF

GSIB Description

The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.38

Average Daily Volume

2,358

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBIT	GSIB
30 Days	49.40%	4.57%
60 Days	56.74%	7.82%
90 Days	55.71%	7.78%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in IBIT	Weight in GSIB	Overlap

IBIT Overweight 1 Positions Relative to GSIB

	Symbol	Grade	Weight
	BTC	A	100.0%

IBIT Underweight 16 Positions Relative to GSIB

Symbol	Grade	Weight
WFC	A	-4.33%
MS	A	-4.27%
BK	A	-4.1%
STT	A	-4.06%
MFG	B	-3.93%
GS	A	-3.89%
BAC	A	-3.76%
JPM	A	-3.75%
MUFG	B	-3.7%
C	A	-3.67%
BCS	C	-3.57%
SMFG	B	-3.54%
HSBC	B	-3.37%
SAN	F	-3.09%
TD	F	-2.86%
ING	F	-2.75%

IBIT: Top Represented Industries & Keywords

Industries:

Keywords: Betashares Exchange Traded Funds Inverse Exchange Traded Fund Investment Management