BWEB vs. CLOU ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to Global X Cloud Computing ETF (CLOU)
BWEB

Bitwise Web3 ETF

BWEB Description

Bitwise Web3 ETF is an exchange traded fund launched and managed by Bitwise Investment Manager, LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across cryptography and blockchain technology, web3 infrastructure companies, metaverse and immersive digital, web3 development and governance, web3 creator economy sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Bitwise Web3 Equities Index, by using full replication. Bitwise Web3 ETF was formed on October 4, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$43.65

Average Daily Volume

1,245

Number of Holdings *

10

* may have additional holdings in another (foreign) market
CLOU

Global X Cloud Computing ETF

CLOU Description The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.60

Average Daily Volume

277,194

Number of Holdings *

34

* may have additional holdings in another (foreign) market
Performance
Period BWEB CLOU
30 Days -6.94% -5.50%
60 Days -7.28% -4.45%
90 Days 8.67% -9.05%
12 Months 52.73% 22.62%
1 Overlapping Holdings
Symbol Grade Weight in BWEB Weight in CLOU Overlap
SHOP C 8.0% 4.12% 4.12%
BWEB Overweight 9 Positions Relative to CLOU
Symbol Grade Weight
COIN B 10.24%
META D 7.68%
RBLX D 7.34%
EQIX F 7.28%
SQ C 4.77%
TTWO D 4.39%
NET C 4.33%
EA D 4.19%
U F 4.1%
BWEB Underweight 33 Positions Relative to CLOU
Symbol Grade Weight
WIX D -5.34%
NFLX D -5.12%
PCOR D -5.04%
DOCN C -4.74%
CRM D -4.71%
WDAY F -4.27%
PAYC D -4.07%
TWLO C -3.99%
ZS D -3.85%
QLYS A -3.78%
BOX D -3.7%
DLR B -3.69%
FIVN D -3.57%
SPSC C -3.51%
FRSH D -3.44%
ZM D -3.42%
AKAM D -3.38%
WK D -3.12%
DBX C -3.06%
FSLY D -2.6%
AMZN A -2.32%
EVBG B -2.28%
MSFT D -2.1%
GOOGL A -1.65%
PUBM A -1.47%
HSTM C -1.19%
YEXT F -1.11%
VMEO D -0.89%
VNET F -0.34%
IBM D -0.32%
BABA C -0.31%
KC D -0.14%
TWOU F -0.04%
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