BWEB vs. CLSE ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to Convergence Long/Short Equity ETF (CLSE)
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

$42.17

Average Daily Volume

991

Number of Holdings *

10

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

Convergence Long/Short Equity ETF

CLSE Description The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$20.78

Average Daily Volume

44,449

Number of Holdings *

343

* may have additional holdings in another (foreign) market
Performance
Period BWEB CLSE
30 Days 0.87% 3.08%
60 Days -7.18% 4.58%
90 Days -8.19% 9.48%
12 Months 37.46% 39.21%
4 Overlapping Holdings
Symbol Grade Weight in BWEB Weight in CLSE Overlap
COIN D 8.94% 0.84% 0.84%
META D 7.72% 2.13% 2.13%
TTWO D 4.79% -0.37% -0.37%
U F 4.23% -0.46% -0.46%
BWEB Overweight 6 Positions Relative to CLSE
Symbol Grade Weight
SHOP F 8.26%
RBLX F 7.76%
EQIX D 7.12%
SQ D 4.67%
EA F 4.54%
NET F 4.44%
BWEB Underweight 339 Positions Relative to CLSE
Symbol Grade Weight
NVDA B -3.76%
MSFT B -3.38%
AMZN C -3.35%
GOOGL B -2.67%
QCOM B -2.54%
GOOG B -2.36%
APP C -2.25%
MU B -2.21%
AMAT A -2.13%
ANET A -1.95%
SNX A -1.78%
NTAP B -1.74%
NTNX B -1.7%
WMT D -1.32%
CRWD C -1.27%
IBM D -1.19%
NFLX C -1.1%
AAPL B -1.09%
HD D -1.08%
GDDY A -1.04%
APPF B -1.04%
MUSA A -0.99%
DOCU C -0.97%
PAGS D -0.93%
CRBG B -0.92%
AMG D -0.92%
SPOT C -0.92%
JPM A -0.91%
T B -0.9%
SYF C -0.9%
OGN B -0.89%
PFE D -0.87%
PYPL D -0.87%
HALO A -0.87%
JNJ D -0.86%
TW B -0.86%
SEIC D -0.86%
MTG C -0.85%
ABBV D -0.84%
AMGN B -0.82%
STNE D -0.82%
BRBR C -0.81%
VTRS D -0.81%
LLY B -0.81%
MRK B -0.8%
MPC D -0.79%
MO A -0.77%
BAC B -0.77%
PPC B -0.77%
PBF D -0.76%
UBER D -0.74%
IESC C -0.74%
XOM B -0.74%
EME A -0.74%
PG B -0.73%
VLO D -0.73%
PSX D -0.73%
FITB A -0.73%
SMCI D -0.72%
VRT A -0.72%
WFC A -0.72%
TSN B -0.72%
MCK B -0.7%
BG D -0.7%
GFF C -0.69%
GM B -0.68%
F D -0.68%
MLI B -0.67%
STRL A -0.67%
UMBF B -0.66%
CVNA C -0.66%
VST B -0.66%
THC A -0.65%
LNTH C -0.65%
FTDR C -0.63%
CI D -0.62%
CNC B -0.62%
OC B -0.61%
ITRI B -0.61%
LOPE C -0.59%
KNF C -0.59%
SKYW B -0.58%
AGO D -0.57%
DVA C -0.56%
CAT C -0.56%
BCC C -0.56%
PEGA C -0.55%
NU B -0.54%
PGR C -0.53%
NEE A -0.53%
CNM A -0.52%
LDOS B -0.51%
IIPR B -0.5%
REZI C -0.5%
UHS B -0.49%
SLVM B -0.48%
AMR F -0.48%
HQY D -0.48%
FIX B -0.48%
PRU A -0.48%
CNA C -0.47%
RGA A -0.47%
FCX B -0.46%
EXP B -0.46%
MRO D -0.44%
PNW C -0.44%
GMS B -0.44%
EXC C -0.44%
DPZ B -0.43%
APA F -0.43%
STLD D -0.42%
BCO B -0.42%
BKNG B -0.41%
EBAY B -0.41%
SAIC C -0.4%
HRB B -0.39%
GRMN A -0.38%
NSA C -0.38%
GLPI C -0.38%
STAG D -0.37%
SPG C -0.36%
BLDR D -0.34%
BLD C -0.34%
AMRX B -0.34%
SR C -0.33%
MDT C -0.33%
PEG A -0.33%
IBP D -0.32%
KR D -0.31%
PSTG A -0.29%
FDX D -0.29%
BAH C -0.28%
RPRX F -0.28%
AYI B -0.27%
WDC B -0.26%
NEU D -0.26%
UNP B -0.24%
ANF B -0.24%
SKT C -0.24%
J D -0.23%
DECK C -0.23%
PLTR D -0.23%
NTRA B -0.22%
FG C -0.14%
ACIW B -0.12%
MGM F -0.12%
MOD A -0.12%
DOCS F -0.11%
VCTR B -0.09%
DNUT F --0.04%
SOFI F --0.04%
GNRC C --0.05%
AWR C --0.06%
MODG C --0.07%
ENPH D --0.07%
PYCR F --0.07%
TROX B --0.07%
SONO D --0.08%
RYAN B --0.08%
AES B --0.08%
PCH D --0.08%
VTR B --0.08%
JOBY D --0.08%
PTCT C --0.08%
JBHT F --0.08%
IAS D --0.08%
PENN F --0.09%
DOC A --0.09%
CWST B --0.09%
ATI B --0.09%
MCW C --0.09%
CHDN C --0.1%
VAC D --0.1%
DRVN F --0.1%
CROX B --0.1%
RRC B --0.1%
PNM D --0.1%
COLD D --0.1%
AEIS C --0.11%
LGIH D --0.11%
ACVA C --0.11%
CHK B --0.11%
SUI F --0.12%
GOGL C --0.12%
TXG F --0.12%
KNX F --0.12%
DAY F --0.12%
ADC C --0.12%
IOVA D --0.13%
VFC F --0.13%
IPAR F --0.13%
WTW D --0.13%
EXR C --0.14%
FL F --0.14%
LPX A --0.14%
AJG B --0.14%
LFST C --0.14%
AVAV B --0.15%
KVUE C --0.15%
EVH F --0.15%
CHH F --0.15%
CRS A --0.15%
WTM D --0.15%
ARWR F --0.15%
KMPR C --0.15%
MASI D --0.16%
WAFD C --0.16%
COF B --0.16%
HAYW C --0.16%
CZR F --0.16%
RBA C --0.16%
UCBI C --0.16%
FLNC D --0.16%
AXSM C --0.16%
ALLY B --0.17%
O C --0.17%
CNXC D --0.17%
WAL C --0.18%
DG D --0.18%
VVV D --0.18%
RUN D --0.18%
FOXF D --0.18%
XYL A --0.18%
NARI D --0.18%
PR D --0.18%
UHAL C --0.18%
APD D --0.19%
FCNCA C --0.19%
GO F --0.19%
GATX B --0.19%
FMC C --0.19%
BE C --0.19%
BANC D --0.19%
IRT B --0.19%
PLNT C --0.19%
DV F --0.2%
IRTC F --0.2%
LNC C --0.2%
GPOR C --0.2%
PPBI C --0.2%
SBCF C --0.21%
ROG D --0.21%
UEC C --0.21%
SHC F --0.21%
NTLA D --0.22%
MP C --0.22%
SPR D --0.22%
PRCT C --0.22%
HI D --0.22%
AAP D --0.22%
ATO C --0.22%
NNI A --0.23%
TSLA D --0.23%
HSY C --0.23%
SRE A --0.23%
DHR A --0.23%
FOUR D --0.23%
SJM F --0.24%
CG D --0.24%
DLTR F --0.24%
XP F --0.25%
RIVN F --0.25%
EQT C --0.25%
MTN F --0.25%
RNR D --0.25%
SPT F --0.25%
LW F --0.25%
CNX B --0.26%
GTLS C --0.26%
HASI B --0.26%
FNB B --0.26%
NOG C --0.27%
EL F --0.27%
AGNC A --0.27%
BIO F --0.27%
TMDX B --0.27%
TFC A --0.27%
NDAQ C --0.27%
NOVT C --0.27%
AR B --0.28%
PFSI B --0.28%
CRL D --0.28%
FIVE F --0.29%
NEOG F --0.29%
GS A --0.3%
CAR D --0.3%
TOST B --0.31%
ZI F --0.31%
MS A --0.31%
ALB D --0.31%
INSP F --0.31%
CABO F --0.33%
IBKR B --0.33%
LAD F --0.33%
RCM F --0.33%
FYBR B --0.33%
D B --0.34%
CARR B --0.34%
BX B --0.34%
UI C --0.34%
NXST C --0.35%
FSLR C --0.36%
QQQ A --0.36%
RVMD B --0.36%
MSGS C --0.38%
SATS C --0.38%
MARA D --0.39%
KMX D --0.39%
TGNA C --0.4%
DAR D --0.4%
WBD F --0.4%
FIVN F --0.41%
VSAT D --0.41%
LBRDK F --0.41%
IAC C --0.41%
BILL F --0.42%
CGNX C --0.42%
UTHR B --0.42%
GE C --0.42%
RIOT F --0.43%
BOOT B --0.43%
CFLT D --0.43%
MSTR D --0.44%
ASAN D --0.45%
GFS D --0.46%
RH C --0.47%
TXN A --0.47%
ALGM D --0.48%
FND C --0.5%
ORCL C --0.52%
TECH C --0.52%
BA F --0.53%
ZBRA A --0.57%
COHR D --0.59%
LITE D --0.61%
WOLF F --0.63%
KLIC D --0.65%
MCHP B --0.71%
INTC F --0.77%
Compare ETFs