BITS vs. EAGL ETF Comparison
Comparison of Global X Blockchain & Bitcoin Strategy ETF (BITS) to Eagle Capital Select Equity ETF (EAGL)
BITS
Global X Blockchain & Bitcoin Strategy ETF
BITS Description
Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in public equity and currency markets of the United States. For its equity portion, it invests directly and through other funds in stocks of companies operating across blockchain companies including digital asset mining, blockchain and digital asset transactions, blockchain applications, blockchain and digital asset hardware, and blockchain and digital asset integration sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in Bitcoin. The fund uses derivatives such as futures contracts to invest in Bitcoin through a wholly-owned subsidiary organized in the Cayman Islands. Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$71.32
Average Daily Volume
2,945
2
EAGL
Eagle Capital Select Equity ETF
EAGL Description
EAGL seeks to outperform the US equity markets through a narrow exposure to global value stocks. The actively managed fund generally holds 15-35 stocks assessed based on the advisers estimate of their long-term intrinsic values. The belief is that there is an opportunity to capture excess returns through a longer-term perspective. Thus, several investments of the fund are expected to be made with a five to seven-year holding period. The portfolio is constructed using a fundamental analysis that considers business changes, growth prospects, margins, industry factors, and valuation scenarios over the next 5 to 10 years, which seeks to identify a margin of safety based on valuation discount, resilience, growth opportunities, and strong management. The fund primarily focuses on US stocks and large-cap companies. However, the fund may invest in companies of any size and geographic location, including emerging markets. EAGL launched by converting an SMA with $1.8 billion in assets.Grade (RS Rating)
Last Trade
$27.38
Average Daily Volume
50,995
24
Performance
Period | BITS | EAGL |
---|---|---|
30 Days | 13.26% | 0.15% |
60 Days | 17.38% | 1.52% |
90 Days | 11.79% | 6.74% |
12 Months | 108.83% |
0 Overlapping Holdings
Symbol | Grade | Weight in BITS | Weight in EAGL | Overlap |
---|
BITS Underweight 24 Positions Relative to EAGL
Symbol | Grade | Weight | |
---|---|---|---|
AMZN | B | -7.68% | |
META | B | -5.92% | |
GOOGL | A | -4.97% | |
COP | C | -4.87% | |
AON | A | -4.64% | |
MSFT | D | -4.41% | |
UNH | D | -4.2% | |
SAP | B | -3.76% | |
AER | C | -3.7% | |
TSM | B | -3.65% | |
GEV | A | -3.59% | |
COF | A | -3.34% | |
WDAY | F | -3.31% | |
CHTR | D | -2.95% | |
HUM | F | -2.72% | |
CMCSA | A | -2.51% | |
WFC | A | -2.49% | |
WWD | D | -2.24% | |
V | A | -2.17% | |
ELV | F | -2.12% | |
HLT | B | -2.08% | |
AA | B | -2.07% | |
NFLX | A | -1.67% | |
OXY | F | -1.58% |
BITS: Top Represented Industries & Keywords
EAGL: Top Represented Industries & Keywords