RAYS vs. BITQ ETF Comparison

Comparison of Global X Solar ETF (RAYS) to Bitwise Crypto Industry Innovators ETF (BITQ)

RAYS

Global X Solar ETF

RAYS Description

The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.

Grade (RS Rating)

Last Trade

$10.20

Average Daily Volume

10,852

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

$13.01

Average Daily Volume

84,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	BITQ
30 Days	8.51%	-9.53%
60 Days	-13.66%	8.96%
90 Days	-10.25%	18.60%
12 Months	-37.65%	40.40%

0 Overlapping Holdings

	Symbol	Grade	Weight in RAYS	Weight in BITQ	Overlap

RAYS Overweight 11 Positions Relative to BITQ

Symbol	Grade	Weight
FSLR	D	9.75%
ENPH	F	8.7%
RUN	B	4.09%
ARRY	F	2.27%
SEDG	F	2.21%
SHLS	F	1.76%
AY	B	1.62%
NOVA	C	1.16%
CSIQ	F	0.97%
AMPS	D	0.51%
SPWR	F	0.09%

RAYS Underweight 20 Positions Relative to BITQ

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