IVRS vs. BWEB ETF Comparison

Comparison of iShares Future Metaverse Tech and Communications ETF (IVRS) to Bitwise Web3 ETF (BWEB)
IVRS

iShares Future Metaverse Tech and Communications ETF

IVRS Description

The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the "metaverse" and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.74

Average Daily Volume

335

Number of Holdings *

26

* may have additional holdings in another (foreign) market
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

$42.53

Average Daily Volume

1,352

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period IVRS BWEB
30 Days -2.78% -6.58%
60 Days -4.62% -9.03%
90 Days -2.75% 2.89%
12 Months 23.92% 55.84%
5 Overlapping Holdings
Symbol Grade Weight in IVRS Weight in BWEB Overlap
EA D 4.42% 4.19% 4.19%
META D 6.27% 7.68% 6.27%
RBLX D 4.27% 7.34% 4.27%
TTWO D 4.63% 4.39% 4.39%
U D 3.99% 4.1% 3.99%
IVRS Overweight 21 Positions Relative to BWEB
Symbol Grade Weight
PTC D 4.63%
ANSS D 4.56%
SONY F 4.54%
ADSK F 4.12%
GRMN A 3.2%
MSFT C 3.18%
AAPL F 3.1%
ZM F 2.91%
SNPS D 2.87%
CDNS D 2.83%
NVDA C 2.82%
GOOGL A 1.58%
CRM D 0.43%
ADBE F 0.36%
AMD D 0.36%
QCOM C 0.27%
INTC F 0.23%
MU B 0.19%
ANET D 0.1%
SNAP A 0.01%
MTCH F 0.0%
IVRS Underweight 5 Positions Relative to BWEB
Symbol Grade Weight
COIN D -10.24%
SHOP D -8.0%
EQIX F -7.28%
SQ D -4.77%
NET C -4.33%
Compare ETFs