BWEB vs. NERD ETF Comparison

Comparison of Bitwise Web3 ETF (BWEB) to Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD)

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

$40.76

Average Daily Volume

1,215

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

NERD

Roundhill BITKRAFT Esports & Digital Entertainment ETF

NERD Description

The Roundhill BITKRAFT Esports & Digital Entertainment ETF (“NERD ETF”) is designed to offer retail and institutional investors exposure to esports & digital entertainment by providing investment results that closely correspond, before fees and expenses, to the performance of the Roundhill BITKRAFT Esports Index (“NERD Index”). The Roundhill BITKRAFT Esports Index is the first rules-based index designed to track the performance of the growing market of electronic sports, or “esports”. The Index consists of a modified equal-weighted portfolio of globally-listed companies who are actively involved in the competitive video gaming industry. This classification includes, but is not limited to: video game publishers, streaming network operators, video game tournament and league operators/owners, competitive team owners, and hardware companies.

Grade (RS Rating)

Last Trade

$15.33

Average Daily Volume

4,008

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	BWEB	NERD
30 Days	-9.41%	1.46%
60 Days	-12.04%	-0.90%
90 Days	-8.96%	-3.04%
12 Months	36.72%	-1.93%

4 Overlapping Holdings

	Symbol	Grade	Weight in BWEB	Weight in NERD	Overlap
	EA	F	4.54%	8.69%	4.54%
	RBLX	F	7.76%	6.2%	6.2%
	TTWO	D	4.79%	7.09%	4.79%
	U	F	4.23%	2.85%	2.85%

BWEB Overweight 6 Positions Relative to NERD

	Symbol	Grade	Weight
	COIN	D	8.94%
	SHOP	F	8.26%
	META	D	7.72%
	EQIX	D	7.12%
	SQ	D	4.67%
	NET	F	4.44%

BWEB Underweight 2 Positions Relative to NERD

	Symbol	Grade	Weight
	APP	B	-4.4%
	GCBC	C	-1.24%

BWEB: Top Represented Industries & Keywords

Industries: Software - Application Electronic Gaming & Multimedia Electronic Gaming & Multimedia Internet Content & Information REIT - Diversified

Keywords: Computing S&P 500 Nasdaq 100 Video Game Development Video Games Fintech Games Mobile Devices Mobile Phone Physical Retail Social Media Video Game Industry Virtual Reality Advertising Services Application Software Baseball Basketball Bitcoin Bone Cement Services

NERD: Top Represented Industries & Keywords

Industries: Electronic Gaming & Multimedia Software - Application Electronic Gaming & Multimedia Savings & Cooperative Banks

Keywords: Computing Video Game Development Video Games Games Mobile Phone Nasdaq 100 S&P 500 Video Game Industry Advertising Services Application Software Banking Products Baseball Basketball Cloud Computing Console Gaming Systems Deposit Products Digital Games Entertainment Fixed Income Game Software