MSTU vs. BITQ ETF Comparison
Comparison of T-Rex 2X Long MSTR Daily Target ETF (MSTU) to Bitwise Crypto Industry Innovators ETF (BITQ)
MSTU
T-Rex 2X Long MSTR Daily Target ETF
MSTU Description
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to MSTR equal to at least 80% of its net assets (plus any borrowings for investment purposes). MicroStrategy Inc. engages in the provision of enterprise analytics and mobility software. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$236.00
Average Daily Volume
6,002,337
Number of Holdings
*
1
* 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
$20.61
Average Daily Volume
130,560
Number of Holdings
*
19
* may have additional holdings in another (foreign) market
Performance
Period | MSTU | BITQ |
---|---|---|
30 Days | 303.66% | 32.23% |
60 Days | 68.23% | |
90 Days | 62.57% | |
12 Months | 179.68% |
1 Overlapping Holdings
Symbol | Grade | Weight in MSTU | Weight in BITQ | Overlap | |
---|---|---|---|---|---|
MSTR | B | 90.14% | 16.51% | 16.51% |
MSTU Overweight 0 Positions Relative to BITQ
Symbol | Grade | Weight |
---|
MSTU Underweight 18 Positions Relative to BITQ
MSTU: Top Represented Industries & Keywords
Industries:
Software - Application
BITQ: Top Represented Industries & Keywords