QLV vs. BITQ ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Bitwise Crypto Industry Innovators ETF (BITQ)
QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$66.27

Average Daily Volume

8,499

Number of Holdings *

114

* 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

$20.41

Average Daily Volume

123,943

Number of Holdings *

18

* may have additional holdings in another (foreign) market
Performance
Period QLV BITQ
30 Days -1.94% 31.93%
60 Days 0.18% 65.40%
90 Days 1.83% 56.40%
12 Months 24.13% 169.24%
2 Overlapping Holdings
Symbol Grade Weight in QLV Weight in BITQ Overlap
CME A 0.91% 0.9% 0.9%
V A 2.25% 0.98% 0.98%
QLV Overweight 112 Positions Relative to BITQ
Symbol Grade Weight
MSFT D 7.86%
NVDA A 5.54%
AAPL C 5.13%
PG C 3.17%
AMZN B 2.5%
LLY F 2.4%
MRK F 2.29%
MCD D 1.97%
IBM C 1.77%
JNJ D 1.68%
VZ C 1.58%
PEP F 1.52%
T A 1.46%
META C 1.27%
XOM B 1.15%
TMUS B 1.14%
GILD C 1.11%
LMT D 1.07%
ABBV F 0.97%
ABT A 0.92%
ADP B 0.92%
QLYS C 0.89%
ATR B 0.89%
WTW B 0.87%
DUK C 0.87%
GOOGL B 0.87%
TXN C 0.86%
PSA C 0.84%
AIZ A 0.84%
WEC A 0.83%
WDFC B 0.81%
TYL B 0.81%
ED C 0.77%
K B 0.77%
RGLD C 0.77%
DOX D 0.76%
LSTR D 0.74%
CHE F 0.74%
AMGN D 0.73%
CB C 0.72%
CHKP D 0.72%
GIS F 0.72%
ZM B 0.7%
WM B 0.68%
SO C 0.68%
QGEN F 0.67%
TRV A 0.66%
DTM A 0.65%
DLR A 0.65%
AVY D 0.64%
GOOG B 0.62%
CALM A 0.62%
EQIX A 0.62%
ALL A 0.62%
XEL A 0.62%
GD D 0.61%
PKG B 0.61%
SMMT D 0.61%
NOC D 0.6%
BRK.A B 0.59%
CINF A 0.59%
RSG A 0.58%
WCN A 0.57%
CTVA C 0.57%
AZO C 0.56%
AEE A 0.56%
SIGI B 0.55%
STNG D 0.55%
MKL A 0.54%
CMS C 0.53%
JKHY D 0.53%
SCI A 0.53%
CTRA B 0.53%
WRB B 0.53%
ADC A 0.52%
AEP C 0.52%
PNW B 0.52%
TSCO D 0.5%
BAH D 0.5%
SON F 0.49%
CHRW B 0.49%
FLO D 0.47%
REGN F 0.47%
HSY F 0.46%
TTEK F 0.46%
NBIX C 0.43%
HRL D 0.4%
AVGO C 0.4%
VRSK B 0.39%
BMRN F 0.37%
NFG A 0.37%
HII F 0.36%
MCK A 0.35%
SLGN A 0.33%
DDS B 0.3%
BMI C 0.28%
CRUS F 0.26%
EA A 0.23%
PM A 0.21%
JPM A 0.21%
COR B 0.2%
LIN D 0.19%
ALKS C 0.19%
ADI D 0.15%
ROP C 0.14%
NCNO B 0.13%
CAG F 0.13%
L A 0.11%
CWAN B 0.09%
UNH C 0.07%
MMC D 0.05%
EXPD D 0.03%
QLV Underweight 16 Positions Relative to BITQ
Symbol Grade Weight
MSTR A -14.16%
COIN A -10.37%
MARA C -8.63%
WULF C -5.93%
CIFR C -5.38%
RIOT C -5.22%
IREN C -4.68%
CLSK C -4.51%
APLD A -3.32%
BTBT C -2.2%
IBKR A -1.22%
PYPL B -1.06%
BK B -1.05%
NU C -1.0%
MA B -0.98%
MELI D -0.8%
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