NIKL vs. BITQ ETF Comparison

Comparison of Sprott Nickel Miners ETF (NIKL) to Bitwise Crypto Industry Innovators ETF (BITQ)

NIKL

Sprott Nickel Miners ETF

NIKL Description

The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, or production of nickel ("Nickel Mining Companies"); (ii) investments in nickel that represent all or a significant portion of their assets, and/or (iii) supplying nickel. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$12.38

Average Daily Volume

45,643

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

$13.56

Average Daily Volume

83,823

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NIKL	BITQ
30 Days	-7.52%	-3.57%
60 Days	-19.25%	15.33%
90 Days	-11.16%	28.09%
12 Months	-41.64%	42.69%

0 Overlapping Holdings

	Symbol	Grade	Weight in NIKL	Weight in BITQ	Overlap

NIKL Overweight 5 Positions Relative to BITQ

Symbol	Grade	Weight
NIC	C	12.65%
INCO	A	9.79%
CTM	F	4.85%
S	C	4.37%
NIKL	F	4.02%

NIKL Underweight 20 Positions Relative to BITQ

Symbol	Grade	Weight
MARA	D	-10.05%
MSTR	C	-9.86%
COIN	D	-8.93%
CIFR	C	-5.61%
WULF	C	-5.24%
RIOT	F	-4.65%
CLSK	D	-4.44%
IREN	D	-3.66%
BTBT	C	-2.25%
APLD	D	-2.05%
CAN	F	-1.65%
BLK	A	-1.5%
BK	A	-1.46%
NU	D	-1.41%
MELI	C	-1.39%
CME	F	-1.35%
MA	C	-1.31%
IBKR	D	-1.29%
V	F	-1.25%
PYPL	C	-1.17%

NIKL: Top Represented Industries & Keywords

Industries: Banks - Regional - US Telecom Services