BITQ vs. FDFF ETF Comparison
Comparison of Bitwise Crypto Industry Innovators ETF (BITQ) to Fidelity Disruptive Finance ETF (FDFF)
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
FDFF
Fidelity Disruptive Finance ETF
FDFF Description
The fund normally invests at least 80% of assets in securities of disruptive finance companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.Grade (RS Rating)
Last Trade
$38.36
Average Daily Volume
2,413
33
Performance
Period | BITQ | FDFF |
---|---|---|
30 Days | 36.90% | 11.95% |
60 Days | 62.79% | 15.45% |
90 Days | 54.66% | 18.88% |
12 Months | 173.95% | 46.23% |
BITQ Underweight 26 Positions Relative to FDFF
Symbol | Grade | Weight | |
---|---|---|---|
APO | B | -5.71% | |
COF | B | -5.03% | |
FLYW | C | -4.39% | |
EFX | F | -3.33% | |
ICE | C | -2.9% | |
TOST | B | -2.83% | |
SQ | B | -2.07% | |
OWL | A | -2.06% | |
DLO | C | -2.0% | |
FI | A | -1.83% | |
TW | A | -1.48% | |
CBOE | B | -1.47% | |
NRDS | C | -1.38% | |
ARES | A | -1.34% | |
MKTX | D | -1.16% | |
CASH | A | -1.15% | |
VRSK | A | -1.1% | |
MSCI | C | -1.06% | |
BILL | A | -1.03% | |
VIRT | B | -0.99% | |
PFSI | D | -0.96% | |
AMH | D | -0.9% | |
FOUR | B | -0.89% | |
ALLY | C | -0.85% | |
RPAY | D | -0.68% | |
UWMC | D | -0.59% |
BITQ: Top Represented Industries & Keywords
FDFF: Top Represented Industries & Keywords