GFOF vs. IBLC ETF Comparison

Comparison of Grayscale Future of Finance ETF (GFOF) to iShares Blockchain and Tech ETF (IBLC)

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

$25.61

Average Daily Volume

2,564

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IBLC

iShares Blockchain and Tech ETF

IBLC Description

The fund invests at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in theindex. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.14

Average Daily Volume

18,970

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GFOF	IBLC
30 Days	20.90%	16.92%
60 Days	46.04%	43.98%
90 Days	37.52%	29.68%
12 Months	126.31%	120.74%

10 Overlapping Holdings

Symbol	Grade	Weight in GFOF	Weight in IBLC	Overlap
APLD	B	3.59%	2.82%	2.82%
CIFR	C	6.66%	3.77%	3.77%
CLSK	C	4.19%	9.24%	4.19%
COIN	C	9.38%	15.68%	9.38%
HOOD	B	7.7%	0.36%	0.36%
MARA	B	6.79%	10.57%	6.79%
PYPL	B	6.54%	1.51%	1.51%
RIOT	C	5.15%	5.13%	5.13%
SQ	A	6.35%	0.89%	0.89%
WULF	C	5.86%	5.29%	5.29%

GFOF Overweight 4 Positions Relative to IBLC

Symbol	Grade	Weight
IREN	C	3.98%
BTBT	C	3.01%
CMPO	B	1.74%
CAN	C	1.73%

GFOF Underweight 8 Positions Relative to IBLC

Symbol	Grade	Weight
CORZ	B	-9.18%
HUT	C	-5.58%
NVDA	B	-3.39%
MA	B	-2.59%
IBM	C	-2.49%
AMD	F	-2.46%
FOXA	A	-0.18%
DXC	B	-0.06%