BWEB vs. INNO ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to Harbor Disruptive Innovation ETF (INNO)
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

$58.16

Average Daily Volume

553

Number of Holdings *

28

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

Harbor Disruptive Innovation ETF

INNO Description INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.

Grade (RS Rating)

Last Trade

$17.23

Average Daily Volume

29,808

Number of Holdings *

68

* may have additional holdings in another (foreign) market
Performance
Period BWEB INNO
30 Days 20.36% 8.00%
60 Days 27.06% 8.03%
90 Days 26.77% 10.18%
12 Months 64.23% 29.81%
8 Overlapping Holdings
Symbol Grade Weight in BWEB Weight in INNO Overlap
GOOG C 1.29% 3.38% 1.29%
META D 6.85% 2.01% 2.01%
MSFT F 1.17% 1.92% 1.17%
NET B 4.03% 1.17% 1.17%
NVDA C 1.58% 4.35% 1.58%
SHOP B 9.65% 3.91% 3.91%
SQ B 4.55% 0.65% 0.65%
TSM B 1.34% 1.33% 1.33%
BWEB Overweight 20 Positions Relative to INNO
Symbol Grade Weight
COIN C 11.22%
RBLX C 7.17%
EQIX A 6.53%
HOOD B 4.24%
TTWO A 3.87%
EA A 3.81%
MARA C 3.61%
U C 3.53%
CLSK C 2.04%
RIOT C 1.99%
AKAM D 1.97%
V A 1.23%
MA C 1.2%
XOM B 1.19%
WULF C 1.17%
IREN C 1.09%
CIFR B 0.82%
APLD A 0.48%
BTBT C 0.39%
CMPO A 0.15%
BWEB Underweight 60 Positions Relative to INNO
Symbol Grade Weight
NOW A -3.73%
CDNS B -3.13%
AMZN C -2.97%
FI A -2.94%
MELI D -2.85%
PGR A -2.82%
DASH A -2.82%
URI B -2.81%
LIN D -2.53%
LRCX F -2.42%
DHR F -2.42%
TXN C -2.3%
TEAM A -2.23%
IOT A -2.16%
TOST B -2.03%
GOOGL C -1.96%
ASND D -1.55%
CMG B -1.51%
DDOG A -1.38%
AMD F -1.36%
PCOR B -1.2%
CGNX C -1.2%
NFLX A -1.14%
HUBS A -1.11%
GTLS B -1.09%
CRM B -0.9%
S B -0.84%
SAP B -0.84%
SE B -0.83%
MEDP D -0.82%
ORCL B -0.81%
PANW C -0.8%
MNDY C -0.8%
ZS C -0.79%
MTSI B -0.77%
GEV B -0.67%
ROKU D -0.65%
LSCC D -0.64%
NU C -0.63%
DT C -0.62%
MDB C -0.62%
AMAT F -0.61%
PODD C -0.58%
GLBE B -0.57%
LLY F -0.54%
OKTA C -0.53%
DKNG B -0.5%
ICLR D -0.46%
TSLA B -0.46%
CRWD B -0.45%
SAIA B -0.45%
SNOW C -0.43%
LEGN F -0.41%
MRNA F -0.39%
TDG D -0.33%
RCKT F -0.33%
DXCM D -0.32%
CHKP D -0.32%
PCVX D -0.25%
BCYC F -0.16%
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