BITQ vs. FDIG ETF Comparison
Comparison of Bitwise Crypto Industry Innovators ETF (BITQ) to Fidelity Crypto Industry and Digital Payments ETF (FDIG)
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
$19.70
Average Daily Volume
137,443
19
FDIG
Fidelity Crypto Industry and Digital Payments ETF
FDIG Description
The fund ormally invests at least 80% of assets in equity securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies engaged in activities related to cryptocurrency, related blockchain technology, and digital payments processing. The fund is non-diversified.Grade (RS Rating)
Last Trade
$36.54
Average Daily Volume
63,988
22
Performance
Period | BITQ | FDIG |
---|---|---|
30 Days | 24.68% | 16.44% |
60 Days | 59.64% | 39.15% |
90 Days | 46.91% | 26.52% |
12 Months | 160.22% | 101.41% |
11 Overlapping Holdings
Symbol | Grade | Weight in BITQ | Weight in FDIG | Overlap | |
---|---|---|---|---|---|
APLD | B | 2.82% | 2.96% | 2.82% | |
BTBT | C | 2.25% | 2.84% | 2.25% | |
CIFR | C | 4.79% | 4.36% | 4.36% | |
CLSK | C | 4.48% | 6.48% | 4.48% | |
COIN | C | 10.9% | 15.14% | 10.9% | |
IREN | C | 4.16% | 4.47% | 4.16% | |
MA | B | 0.94% | 1.29% | 0.94% | |
MARA | B | 8.95% | 7.34% | 7.34% | |
RIOT | C | 4.82% | 6.24% | 4.82% | |
V | A | 0.95% | 1.32% | 0.95% | |
WULF | C | 4.83% | 4.74% | 4.74% |
BITQ: Top Represented Industries & Keywords
FDIG: Top Represented Industries & Keywords