BWEB vs. LMBO ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to Direxion Daily Crypto Industry Bull 2X Shares (LMBO)
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
LMBO

Direxion Daily Crypto Industry Bull 2X Shares

LMBO Description The index seeks to track the performance of US-listed securities that have business operations in the field of distributed ledger or decentralized payment technology. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.75

Average Daily Volume

5,781

Number of Holdings *

21

* may have additional holdings in another (foreign) market
Performance
Period BWEB LMBO
30 Days 20.36% 31.47%
60 Days 27.06% 49.50%
90 Days 26.77% 43.58%
12 Months 64.23%
13 Overlapping Holdings
Symbol Grade Weight in BWEB Weight in LMBO Overlap
BTBT C 0.39% 0.43% 0.39%
CIFR B 0.82% 1.4% 0.82%
CLSK C 2.04% 2.35% 2.04%
COIN C 11.22% 4.04% 4.04%
HOOD B 4.24% 3.61% 3.61%
IREN C 1.09% 1.3% 1.09%
MA C 1.2% 4.98% 1.2%
MARA C 3.61% 3.41% 3.41%
NVDA C 1.58% 5.27% 1.58%
RIOT C 1.99% 2.39% 1.99%
SQ B 4.55% 3.34% 3.34%
V A 1.23% 5.22% 1.23%
WULF C 1.17% 1.76% 1.17%
BWEB Overweight 15 Positions Relative to LMBO
Symbol Grade Weight
SHOP B 9.65%
RBLX C 7.17%
META D 6.85%
EQIX A 6.53%
NET B 4.03%
TTWO A 3.87%
EA A 3.81%
U C 3.53%
AKAM D 1.97%
TSM B 1.34%
GOOG C 1.29%
XOM B 1.19%
MSFT F 1.17%
APLD A 0.48%
CMPO A 0.15%
BWEB Underweight 8 Positions Relative to LMBO
Symbol Grade Weight
PYPL B -5.29%
NU C -5.28%
AMD F -4.37%
IBKR A -3.51%
DKNG B -3.23%
GLOB B -3.12%
FOUR B -3.08%
PAGS F -1.09%
Compare ETFs