IBIT vs. PCEF ETF Comparison
Comparison of iShares Bitcoin Trust (IBIT) to PowerShares CEF Income Composite Portfolio (PCEF)
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
1
PCEF
PowerShares CEF Income Composite Portfolio
PCEF Description
The PowerShares CEF Income Composite Portfolio (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$19.50
Average Daily Volume
108,475
103
Performance
| Period | IBIT | PCEF |
|---|---|---|
| 30 Days | 49.40% | 1.41% |
| 60 Days | 56.74% | 1.22% |
| 90 Days | 55.71% | 3.67% |
| 12 Months | 22.92% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IBIT | Weight in PCEF | Overlap |
|---|
IBIT Overweight 1 Positions Relative to PCEF
| Symbol | Grade | Weight | |
|---|---|---|---|
| BTC | A | 100.0% |
IBIT Underweight 103 Positions Relative to PCEF
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXG | C | -4.37% | |
| BIGZ | A | -3.13% | |
| BMEZ | D | -2.98% | |
| JPC | A | -2.95% | |
| BSTZ | A | -2.87% | |
| ETY | B | -2.8% | |
| BDJ | C | -2.68% | |
| BCAT | A | -2.49% | |
| BXMX | A | -2.45% | |
| ETV | A | -2.44% | |
| NFJ | B | -2.33% | |
| QQQX | B | -2.18% | |
| BST | B | -1.91% | |
| JFR | A | -1.76% | |
| ETW | B | -1.73% | |
| EVV | C | -1.68% | |
| BTZ | C | -1.5% | |
| EOS | A | -1.44% | |
| CII | B | -1.43% | |
| FPF | C | -1.33% | |
| HTD | A | -1.32% | |
| PDO | C | -1.32% | |
| HYT | A | -1.27% | |
| BOE | B | -1.24% | |
| HFRO | F | -1.21% | |
| FFC | D | -1.2% | |
| BBN | D | -1.17% | |
| DSL | B | -1.16% | |
| AWF | C | -1.08% | |
| DIAX | A | -1.04% | |
| WIW | D | -1.0% | |
| BGY | B | -0.99% | |
| EOI | A | -0.97% | |
| JQC | A | -0.92% | |
| ETJ | B | -0.91% | |
| LDP | D | -0.88% | |
| EMD | C | -0.84% | |
| BME | D | -0.83% | |
| PDT | C | -0.73% | |
| IGD | A | -0.71% | |
| PHK | B | -0.68% | |
| NPFD | A | -0.68% | |
| BGR | A | -0.67% | |
| DFP | D | -0.66% | |
| ETB | A | -0.64% | |
| PCN | A | -0.61% | |
| EAD | C | -0.59% | |
| BIT | D | -0.57% | |
| HIO | B | -0.55% | |
| NBB | D | -0.55% | |
| PFN | B | -0.55% | |
| BUI | C | -0.54% | |
| ISD | C | -0.53% | |
| BLW | B | -0.52% | |
| VVR | D | -0.51% | |
| FRA | B | -0.5% | |
| BHK | D | -0.5% | |
| EDD | D | -0.5% | |
| FFA | A | -0.49% | |
| PPT | C | -0.49% | |
| STK | A | -0.48% | |
| HIX | B | -0.47% | |
| SPXX | A | -0.47% | |
| BGH | B | -0.46% | |
| JGH | A | -0.45% | |
| DSU | B | -0.45% | |
| ERC | C | -0.41% | |
| EOD | C | -0.4% | |
| MCR | C | -0.4% | |
| HPS | D | -0.4% | |
| MMT | C | -0.39% | |
| EFR | A | -0.39% | |
| FTF | B | -0.39% | |
| FCT | A | -0.39% | |
| MCI | C | -0.39% | |
| HPI | D | -0.38% | |
| TEI | D | -0.37% | |
| EFT | A | -0.36% | |
| MIN | D | -0.36% | |
| PSF | D | -0.35% | |
| GBAB | F | -0.34% | |
| PHT | B | -0.34% | |
| PCF | B | -0.33% | |
| DHY | A | -0.32% | |
| HPF | D | -0.32% | |
| DHF | A | -0.31% | |
| FLC | D | -0.29% | |
| PFL | C | -0.29% | |
| IDE | C | -0.28% | |
| BGT | B | -0.27% | |
| DBL | C | -0.24% | |
| TSI | D | -0.24% | |
| IGA | A | -0.24% | |
| HEQ | B | -0.24% | |
| BGX | A | -0.19% | |
| HYB | A | -0.19% | |
| NHS | D | -0.18% | |
| EHI | C | -0.18% | |
| VBF | D | -0.18% | |
| MSD | C | -0.17% | |
| EVG | C | -0.15% | |
| CIK | C | -0.14% | |
| PHD | A | -0.14% |
IBIT: Top Represented Industries & Keywords
PCEF: Top Represented Industries & Keywords
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