WGMI vs. BITQ ETF Comparison

Comparison of Valkyrie Bitcoin Miners ETF (WGMI) to Bitwise Crypto Industry Innovators ETF (BITQ)

WGMI

Valkyrie Bitcoin Miners ETF

WGMI Description

Valkyrie Bitcoin Miners ETF is a leading financial services firm with a focus on digital assets. Headquartered in Nashville, Valkyrie's team combines deep technical expertise in this emerging asset class with decades of experience launching investment vehicles for a wide variety of markets participants. The firm is led by financial industry veterans with decades of experience across firms including Guggenheim Partners, UBS, Chicago Board of Trade, Chicago Mercantile Exchange, and The World Bank.

Grade (RS Rating)

Last Trade

$26.51

Average Daily Volume

516,450

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

$20.41

Average Daily Volume

123,943

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WGMI	BITQ
30 Days	20.39%	31.93%
60 Days	51.31%	65.40%
90 Days	35.95%	56.40%
12 Months	171.45%	169.24%

8 Overlapping Holdings

Symbol	Grade	Weight in WGMI	Weight in BITQ	Overlap
APLD	A	2.91%	2.82%	2.82%
BTBT	C	4.11%	2.25%	2.25%
CIFR	C	12.11%	4.79%	4.79%
CLSK	C	9.83%	4.48%	4.48%
IREN	C	14.41%	4.16%	4.16%
MARA	C	4.03%	8.95%	4.03%
RIOT	C	5.69%	4.82%	4.82%
WULF	C	6.05%	4.83%	4.83%

WGMI Overweight 3 Positions Relative to BITQ

Symbol	Grade	Weight
NVDA	A	3.72%
DGHI	B	0.86%
TSM	B	0.55%

WGMI Underweight 11 Positions Relative to BITQ

Symbol	Grade	Weight
MSTR	A	-16.51%
COIN	A	-10.9%
IBKR	A	-1.25%
PYPL	B	-1.08%
BLK	B	-1.04%
BK	B	-1.01%
NU	C	-0.96%
V	A	-0.95%
MA	B	-0.94%
CME	A	-0.88%
MELI	D	-0.82%