BLKC vs. BITQ ETF Comparison
Comparison of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) to Bitwise Crypto Industry Innovators ETF (BITQ)
BLKC
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF
BLKC Description
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in public equity markets of global region. It invests directly and through other funds in stocks of companies operating across development of blockchain technology, cryptocurrency mining, cryptocurrency buying, or enabling technologies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Alerian Galaxy Global Blockchain Equity, Trusts and ETPs Index, by using full replication technique. Invesco Exchange-Traded Fund Trust II - Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF was formed on October 7, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$28.05
Average Daily Volume
1,875
42
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 economyGrade (RS Rating)
Last Trade
$20.74
Average Daily Volume
142,307
19
Performance
| Period | BLKC | BITQ |
|---|---|---|
| 30 Days | 24.76% | 36.90% |
| 60 Days | 34.73% | 62.79% |
| 90 Days | 33.29% | 54.66% |
| 12 Months | 99.57% | 173.95% |
13 Overlapping Holdings
| Symbol | Grade | Weight in BLKC | Weight in BITQ | Overlap | |
|---|---|---|---|---|---|
| APLD | A | 1.12% | 2.82% | 1.12% | |
| BTBT | C | 1.66% | 2.25% | 1.66% | |
| CIFR | B | 1.96% | 4.79% | 1.96% | |
| CLSK | C | 1.81% | 4.48% | 1.81% | |
| COIN | C | 1.91% | 10.9% | 1.91% | |
| IREN | C | 1.58% | 4.16% | 1.58% | |
| MA | C | 1.18% | 0.94% | 0.94% | |
| MARA | C | 1.53% | 8.95% | 1.53% | |
| MSTR | C | 2.01% | 16.51% | 2.01% | |
| PYPL | B | 1.22% | 1.08% | 1.08% | |
| RIOT | C | 1.72% | 4.82% | 1.72% | |
| V | A | 1.25% | 0.95% | 0.95% | |
| WULF | C | 1.98% | 4.83% | 1.98% |
BLKC Overweight 29 Positions Relative to BITQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| CAN | C | 1.77% | |
| SOFI | A | 1.74% | |
| TSLA | B | 1.47% | |
| HOOD | B | 1.42% | |
| SQ | B | 1.34% | |
| GS | A | 1.32% | |
| INTU | C | 1.29% | |
| BAC | A | 1.29% | |
| CRM | B | 1.28% | |
| AMZN | C | 1.27% | |
| JPM | A | 1.27% | |
| GOOGL | C | 1.22% | |
| NVDA | C | 1.22% | |
| INTC | D | 1.21% | |
| CSCO | B | 1.21% | |
| ORCL | B | 1.2% | |
| HON | B | 1.2% | |
| C | A | 1.2% | |
| WMT | A | 1.19% | |
| MSFT | F | 1.16% | |
| TSM | B | 1.14% | |
| TXN | C | 1.14% | |
| ACN | C | 1.13% | |
| QCOM | F | 1.09% | |
| VZ | C | 1.07% | |
| MU | D | 1.06% | |
| IBM | C | 1.01% | |
| AMD | F | 0.95% | |
| BABA | D | 0.93% |
BLKC: Top Represented Industries & Keywords
BITQ: Top Represented Industries & Keywords
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