BITQ vs. ARKW ETF Comparison
Comparison of Bitwise Crypto Industry Innovators ETF (BITQ) to ARK Next Generation Internet ETF (ARKW)
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
$20.74
Average Daily Volume
142,307
19
ARKW
ARK Next Generation Internet ETF
ARKW Description
Companies within the ARK Next Generation Internet ETF* (ARKW) are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable: Cloud Computing & Cyber Security; E-Commerce; Big Data & Artificial Intelligence (AI); Mobile Technology and Internet of Things; Social Platforms; Blockchain & P2P; ARKW is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of next generation internet.Grade (RS Rating)
Last Trade
$107.74
Average Daily Volume
151,014
33
Performance
| Period | BITQ | ARKW |
|---|---|---|
| 30 Days | 36.90% | 26.16% |
| 60 Days | 62.79% | 27.53% |
| 90 Days | 54.66% | 31.84% |
| 12 Months | 173.95% | 69.70% |
BITQ Underweight 30 Positions Relative to ARKW
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | -9.88% | |
| ROKU | D | -7.92% | |
| RBLX | C | -5.81% | |
| HOOD | B | -4.88% | |
| SQ | A | -4.86% | |
| META | D | -4.37% | |
| PLTR | B | -4.26% | |
| SHOP | B | -4.13% | |
| GENI | C | -2.55% | |
| DKNG | B | -2.28% | |
| CRWD | B | -2.02% | |
| TTD | B | -1.89% | |
| NET | B | -1.83% | |
| SPOT | B | -1.59% | |
| PATH | C | -1.56% | |
| PD | C | -1.51% | |
| AMD | F | -1.47% | |
| TOST | B | -1.27% | |
| NVDA | C | -1.24% | |
| U | C | -1.21% | |
| PINS | D | -1.18% | |
| RDDT | B | -1.17% | |
| RBRK | A | -1.09% | |
| AMZN | C | -1.05% | |
| TSM | B | -1.02% | |
| GTLB | B | -0.99% | |
| DDOG | A | -0.88% | |
| MSFT | F | -0.73% | |
| PSTG | D | -0.56% | |
| QCOM | F | -0.4% |
BITQ: Top Represented Industries & Keywords
ARKW: Top Represented Industries & Keywords
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