BITQ vs. DAT ETF Comparison
Comparison of Bitwise Crypto Industry Innovators ETF (BITQ) to ProShares Big Data Refiners ETF (DAT)
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
19
DAT
ProShares Big Data Refiners ETF
DAT Description
ProShares Big Data Refiners ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies that provide analytics and infrastructure for extracting information from large data sets sector. It invests in growth and value stocks of companies across diversified market capitalizations. The fund invests in securities that ProShare Advisors believes, in combination, should track the performance of the index. ProShares Big Data Refiners ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$43.02
Average Daily Volume
2,837
25
Performance
Period | BITQ | DAT |
---|---|---|
30 Days | 31.93% | 15.47% |
60 Days | 65.40% | 22.28% |
90 Days | 56.40% | 19.49% |
12 Months | 169.24% | 42.83% |
1 Overlapping Holdings
Symbol | Grade | Weight in BITQ | Weight in DAT | Overlap | |
---|---|---|---|---|---|
MSTR | A | 16.51% | 7.56% | 7.56% |
BITQ Underweight 24 Positions Relative to DAT
Symbol | Grade | Weight | |
---|---|---|---|
PLTR | A | -9.36% | |
IDCC | B | -5.69% | |
CVLT | B | -5.49% | |
NTNX | B | -5.0% | |
ZBRA | B | -4.84% | |
MDB | C | -4.73% | |
TYL | B | -4.7% | |
DDOG | A | -4.43% | |
DT | C | -4.3% | |
NICE | D | -4.09% | |
CFLT | B | -4.08% | |
SNOW | C | -3.63% | |
TDC | D | -3.38% | |
BRZE | C | -3.38% | |
FIVN | C | -3.34% | |
INFA | D | -3.25% | |
ESTC | C | -2.94% | |
VRNT | D | -2.2% | |
GENI | B | -2.12% | |
CLBT | B | -1.62% | |
RBRK | A | -1.54% | |
BASE | C | -1.06% | |
SWI | B | -0.9% | |
CGNT | C | -0.68% |
BITQ: Top Represented Industries & Keywords
DAT: Top Represented Industries & Keywords