BWEB vs. IPAY ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to ETFMG Prime Mobile Payments ETF (IPAY)
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
IPAY

ETFMG Prime Mobile Payments ETF

IPAY Description The ETFMG Prime Mobile Payments ETF (IPAY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Mobile Payments Index. The index provides a benchmark for investors interested in tracking the mobile and electronic payments industry, specifically focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

Grade (RS Rating)

Last Trade

$61.02

Average Daily Volume

20,503

Number of Holdings *

27

* may have additional holdings in another (foreign) market
Performance
Period BWEB IPAY
30 Days 20.36% 12.96%
60 Days 27.06% 16.16%
90 Days 26.77% 21.02%
12 Months 64.23% 48.75%
4 Overlapping Holdings
Symbol Grade Weight in BWEB Weight in IPAY Overlap
COIN C 12.44% 5.19% 5.19%
MA C 1.14% 5.65% 1.14%
SQ B 4.73% 4.84% 4.73%
V A 1.18% 5.87% 1.18%
BWEB Overweight 24 Positions Relative to IPAY
Symbol Grade Weight
SHOP B 8.89%
RBLX C 6.77%
META D 6.48%
EQIX A 6.45%
HOOD B 4.59%
NET B 4.09%
U C 3.92%
TTWO A 3.82%
MARA C 3.79%
EA A 3.74%
RIOT C 1.97%
CLSK C 1.97%
AKAM D 1.9%
NVDA C 1.52%
TSM B 1.29%
GOOG C 1.25%
WULF C 1.18%
XOM B 1.15%
MSFT F 1.1%
IREN C 1.03%
CIFR B 0.81%
APLD A 0.6%
BTBT C 0.35%
CMPO A 0.16%
BWEB Underweight 23 Positions Relative to IPAY
Symbol Grade Weight
PYPL B -6.43%
FI A -6.42%
TOST B -6.23%
AXP A -5.83%
DFS B -4.96%
CPAY A -4.83%
AFRM B -4.82%
FIS C -4.28%
GPN B -4.08%
WEX D -3.09%
FOUR B -2.91%
ACIW B -2.21%
QTWO A -2.16%
EEFT B -1.91%
WU D -1.28%
STNE F -1.13%
VYX B -0.77%
EVTC B -0.66%
MQ F -0.64%
PAGS F -0.59%
DLO C -0.38%
IMXI B -0.32%
GDOT D -0.26%
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