IBLC vs. BITQ ETF Comparison

Comparison of iShares Blockchain and Tech ETF (IBLC) to Bitwise Crypto Industry Innovators ETF (BITQ)

IBLC

iShares Blockchain and Tech ETF

IBLC Description

The fund invests at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in theindex. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.12

Average Daily Volume

18,970

Number of Holdings ^*

* 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 economy

Grade (RS Rating)

Last Trade

$20.91

Average Daily Volume

137,443

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBLC	BITQ
30 Days	16.92%	24.68%
60 Days	43.98%	59.64%
90 Days	29.68%	46.91%
12 Months	120.74%	160.22%

9 Overlapping Holdings

Symbol	Grade	Weight in IBLC	Weight in BITQ	Overlap
APLD	B	2.82%	2.82%	2.82%
CIFR	C	3.77%	4.79%	3.77%
CLSK	C	9.24%	4.48%	4.48%
COIN	C	15.68%	10.9%	10.9%
MA	B	2.59%	0.94%	0.94%
MARA	B	10.57%	8.95%	8.95%
PYPL	B	1.51%	1.08%	1.08%
RIOT	C	5.13%	4.82%	4.82%
WULF	C	5.29%	4.83%	4.83%

IBLC Overweight 9 Positions Relative to BITQ

Symbol	Grade	Weight
CORZ	B	9.18%
HUT	C	5.58%
NVDA	B	3.39%
IBM	C	2.49%
AMD	F	2.46%
SQ	A	0.89%
HOOD	B	0.36%
FOXA	A	0.18%
DXC	B	0.06%

IBLC Underweight 10 Positions Relative to BITQ

Symbol	Grade	Weight
MSTR	B	-16.51%
IREN	C	-4.16%
BTBT	C	-2.25%
IBKR	A	-1.25%
BLK	B	-1.04%
BK	A	-1.01%
NU	C	-0.96%
V	A	-0.95%
CME	B	-0.88%
MELI	C	-0.82%