GFOF vs. ARKD ETF Comparison

Comparison of Grayscale Future of Finance ETF (GFOF) to ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD)

GFOF

Grayscale Future of Finance ETF

GFOF Description

Grayscale Future of Finance ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Grayscale Advisors, LLC and Vident Investment Advisory, LLC. It It invests in the public equity markets across the globe. The fund seeks to invest in securities of companies operating in the enabling of buying, selling, and transacting in digital assets, the development of the infrastructure to create applications utilizing blockchain technology, the supply of infrastructure around the digital asset ecosystem, and the mining of digital assets. The fund invests in growth and value stocks of companies across all market capitalizations. The fund seeks to track the performance of the Bloomberg Grayscale Future of Finance Index, by using full replication technique. Grayscale Future of Finance ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.91

Average Daily Volume

2,676

Number of Holdings ^*

14

* may have additional holdings in another (foreign) market

ARKD

ARK 21Shares Blockchain and Digital Economy Innovation ETF

ARKD Description

The fund is an actively managed exchange-traded fund. Under normal conditions, the fund seeks to invest 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the blockchain and in securities issued by companies principally engaged in the blockchain industry and/or digital economy (the "80% Policy"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.35

Average Daily Volume

3,045

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	GFOF	ARKD
30 Days	30.62%	35.68%
60 Days	50.59%	41.31%
90 Days	44.51%	38.39%
12 Months	137.81%	117.80%

4 Overlapping Holdings

	Symbol	Grade	Weight in GFOF	Weight in ARKD	Overlap
	COIN	C	10.32%	17.69%	10.32%
	HOOD	B	8.47%	4.9%	4.9%
	PYPL	B	6.22%	3.52%	3.52%
	SQ	B	7.11%	11.68%	7.11%

GFOF Overweight 10 Positions Relative to ARKD

	Symbol	Grade	Weight
	MARA	C	7.43%
	CIFR	B	5.64%
	WULF	C	4.76%
	RIOT	C	4.55%
	CLSK	C	4.02%
	APLD	A	3.88%
	IREN	C	3.41%
	BTBT	C	2.65%
	CAN	C	2.14%
	CMPO	A	1.79%

GFOF Underweight 3 Positions Relative to ARKD

	Symbol	Grade	Weight
	SHOP	B	-8.2%
	MELI	D	-2.86%
	NU	C	-2.47%

GFOF: Top Represented Industries & Keywords

Industries: Capital Markets Credit Services Software - Application Software - Infrastructure Business Services Computer Hardware Metal Fabrication Specialty Chemicals

Keywords: Bitcoin Cryptocurrency Payment Systems Bitcoin Mining Digital Currencies Economics Of Bitcoin Computing Decentralization Blockchain Cryptography Currency Fintech Mining Mobile Payments Artificial Intelligence Bank Account Brokerage Cash Management Services Computer Architecture Computer Software

ARKD: Top Represented Industries & Keywords

Industries: Software - Application Banks - Diversified Credit Services Software - Infrastructure Specialty Retail

Keywords: Fintech E Commerce Mobile Payments Online Shopping Payment Systems Cryptocurrency Debit Card E-Commerce Nasdaq 100 Online Payments Alternative Payments Bank Bank Account Banking Bitcoin Brokerage Cash Management Services Customer Relationship Management Digital Wallet E Commerce Payment System