PUTW vs. BTRN ETF Comparison

Comparison of WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) to Global X Bitcoin Trend Strategy ETF (BTRN)

PUTW

WisdomTree CBOE S&P 500 PutWrite Strategy Fund

PUTW Description

The investment seeks to track the price and yield performance, before fees and expenses, of the CBOE S&P 500 PutWrite Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index tracks the value of a cash-secured put option sales strategy, which consists of selling (or "writing") S&P 500 Index put options ("SPX Puts") and investing the sale proceeds in one- and three-month Treasury bills. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.01

Average Daily Volume

48,084

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BTRN

Global X Bitcoin Trend Strategy ETF

BTRN Description

BTRN tracks an index that seeks to provide long-only exposure to US exchange-traded bitcoin futures contracts or a short-term US Treasury position. The index dynamically allocates between these two positions based on the value of a proprietary bitcoin trend indicator. The indicator aims to detect the presence, direction, and strength of the price trend of bitcoin. A combination of four exponential moving average calculations are considered in order to compute a single value of the average price of bitcoin over explicit periods. Based on this value, the index increases its allocation to bitcoin futures (up to 100%) when the value indicated is higher, and decreases (until 0%) when the value is lower. Any funds assets not allocated to the bitcoin futures position are subsequently allocated to the US Treasurys position, up to 100%. The fund seeks to gain exposure to BTC futures through investments in a Cayman Islands subsidiary.

Grade (RS Rating)

Last Trade

$36.16

Average Daily Volume

297

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PUTW	BTRN
30 Days	1.76%	43.32%
60 Days	4.20%	50.73%
90 Days	5.29%	53.74%
12 Months	21.77%

0 Overlapping Holdings

	Symbol	Grade	Weight in PUTW	Weight in BTRN	Overlap

PUTW Overweight 1 Positions Relative to BTRN

	Symbol	Grade	Weight
	USFR	A	491.72%

PUTW Underweight 1 Positions Relative to BTRN

	Symbol	Grade	Weight
	CLIP	A	-62.74%

PUTW: Top Represented Industries & Keywords

Industries:

Keywords: Bond Collateralized Debt Obligation ETF Exchange Traded Fund Mortgage Backed Security U.S. Treasury

BTRN: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund Mortgage Backed Security Securitization U.S. Treasury Wagering