IBIT vs. TLTW ETF Comparison

Comparison of iShares Bitcoin Trust (IBIT) to iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW)

IBIT

iShares Bitcoin Trust

IBIT Description

IBIT aims to track the spot price of Bitcoin, less expenses and liabilities. It intends to provide accessibility to Bitcoin without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by Bitcoin held in cold storage, which is a safeguarding method by which the private keys corresponding to the trusts Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CF Benchmarks Index. This serves as a once-a-day benchmark rate of Bitcoins USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes

Grade (RS Rating)

Last Trade

$34.61

Average Daily Volume

45,060,698

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TLTW

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

TLTW Description

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of the United States. The fund invests through derivatives in U.S. dollar denominated fixed rate U.S. treasury securities with remaining maturity of greater than or equal to twenty years. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of the Cboe TLT 2% OTM BuyWrite Index, by using representative sampling technique. IShares 20+ Year Treasury Bond BuyWrite Strategy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

456,596

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBIT	TLTW
30 Days	-11.37%	-5.07%
60 Days	1.27%	-3.55%
90 Days	44.17%	-4.13%
12 Months		-15.38%

0 Overlapping Holdings

	Symbol	Grade	Weight in IBIT	Weight in TLTW	Overlap

IBIT Overweight 1 Positions Relative to TLTW

	Symbol	Grade	Weight
	PIFI	C	100.0%

IBIT Underweight 1 Positions Relative to TLTW

	Symbol	Grade	Weight
	TLT	D	-99.86%

IBIT: Top Represented Industries & Keywords

Industries:

Keywords: Betashares Bond Market Exchange Traded Funds Exchange Traded Products Index Fund

TLTW: Top Represented Industries & Keywords

Industries:

Keywords: Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market ETF Exchange Traded Fund Government Bonds U.S. Government U.S. Treasury