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Data as of Nov 4, 2026.

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Thematic ETFs

BCDF vs BITQ: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, BCDF returned +12.8% to BITQ's −27.8%; 7% of their weight is in the same names.

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Net assets: $22m on Jun 30, 2026 for Horizon Kinetics Blockchain Development ETF, and $353m on Nov 4, 2026 for Bitwise Crypto Industry Innovators ETF.

BCDF on its own →BITQ on its own →
At a glance
18.4%
BCDF in the S&P 500
18.7%
BITQ in the S&P 500
+12.8%
BCDF total return, 1 year
−27.8%
BITQ total return, 1 year
BCDF · 1 year to Nov 4, 2026 82% of its weight is outside the S&P 500
82% of its weight is outside the S&P 50018% of BCDF's weight is in S&P 500 companies and 82% is outside the index. Holdings as of Jun 30, 2026.18%82%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 53% of the fund · 35 holdings as filed for Jun 30, 2026 · Nasdaq-100: 0% in82% of its weight is outside the S&P 50018% of BCDF's weight is in S&P 500 companies and 82% is outside the index. Holdings as of Jun 30, 2026.18%82%inoutside the S&P 500active share 100% · Nasdaq-100: 0% in

18% of BCDF's weight is in S&P 500 companies and 82% is outside the index. Holdings as of Jun 30, 2026.

BITQ · 1 year to Nov 4, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of BITQ's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Sep 30, 2025.19%81%in the S&P 500of its weight outside the S&P 500active share 98% · top ten 63% of the fund · 30 holdings as filed for Sep 30, 2025 · Nasdaq-100: 11% in81% of its weight is outside the S&P 50019% of BITQ's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Sep 30, 2025.19%81%inoutside the S&P 500active share 98% · Nasdaq-100: 11% in

19% of BITQ's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Sep 30, 2025.

Pair scorecard

Both cost 0.85% a year; their one-year returns differ by 40.6 points.

Points (pts) are percentage points.

BCDF vs BITQ: Holdings Overlap & Returns
MeasureBCDFBITQ
Return
Total return, 1 year+12.8%−27.8%
Drawdown
Below its all-time high38.7%, high on Nov 9, 2021
Against its benchmark
What it tracksBlockchain and crypto equitiesBlockchain and crypto equities
Against the S&P 500, 1 yearbehind by 42.6 pts
Its benchmark, total return, 1 year+11.4%+14.8%
Against its benchmark, 1 yearahead by 1.4 ptsbehind by 42.6 pts
Cost and size
Expense ratio0.85%0.85%
Net assets, BCDF as of Jun 30, 2026 and BITQ as of Nov 4, 2026$22m$353m
Holdings
Holdings in common7%

Method

What they share

7%

By the books each fund has filed, BCDF and BITQ hold 7% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

7% in common

Positions both hold · largest shared weight first BCDF BITQ
Galaxy Digital Inc 4.01% 5.10%
Deutsche Boerse AG 4.80% 1.50%
CME Group Inc 1.87% 1.34%
Circle Internet Group Inc 0.07% 3.66%
IREN Ltd 0.05% 8.77%
Only in one fund ↓
Only in BCDF
Singapore Exchange Ltd 8.03%
Urbana Corp 7.08%
Cboe Global Markets Inc 6.58%
TMX Group Ltd 5.20%
Nasdaq Inc 4.53%
Japan Exchange Group Inc 4.48%
CACI International Inc 4.33%
Hawaiian Electric Industries I 4.24%
Only in BITQ
COINBASE GLOBAL INC 10.00%
STRATEGY INC 7.52%
RIOT PLATFORMS INC 5.21%
MARA HOLDINGS INC 5.18%
CIPHER DIGITAL INC 5.12%
TERAWULF INC 4.83%
HUT 8 CORP 4.82%
FIGURE TECHNOLOGY SOLUTIONS INC 4.40%
Check overlap with more funds →

Window by window

Window by window: BCDF vs BITQ: Holdings Overlap & Returns
Total returnvs its benchmark
WindowBCDFBITQBCDFBITQ
3 months+4.5%−13.9%+6.7 pts vs ONEQ−13.8 pts vs VOO
6 months+2.8%−29.7%+2.6 pts vs ONEQ−34.7 pts vs VOO
1 year+12.8%−27.8%+1.4 pts vs ONEQ−42.6 pts vs VOO
3 years+64.6%+171.6%−30.6 pts vs ONEQ+88.3 pts vs VOO
Since launchNot the same days: BCDF Aug 2022 · BITQ May 2021+38.8%−10.1%−78.2 pts vs ONEQ−114.2 pts vs VOO

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Side by side

BCDF Horizon Kinetics Blockchain Development ETF · Holds 35 stocks in blockchain and crypto equities, 18% of its weight in S&P 500 companies BITQ Bitwise Crypto Industry Innovators ETF · Holds 30 stocks in blockchain and crypto equities, 19% of its weight in S&P 500 companies
Issuer Horizon Kinetics Bitwise
Theme Blockchain and crypto equities Blockchain and crypto equities
In the S&P 500 18.4% 18.7%
Active share vs the S&P 500 99.7% 97.8%
In the Nasdaq-100 0.0% 11.3%
Holdings 35 30
Top ten, share of the fund 53.3% 62.8%
Expense ratio 0.85% 0.85%
Fee for the differing part 0.85% 0.87%
Total return, 1 year +12.8% −27.8%
vs its benchmark +1.4 pts vs ONEQ −42.6 pts vs VOO
Below its high −1.5% −38.7%
Net assets, BCDF as of Jun 30, 2026 and BITQ as of Nov 4, 2026 $22m $353m

As of Nov 4, 2026. Source: ETFIQ.

7% of the two portfolios are the same securities at the same weight.

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About each fund
BCDF

By weight, 18% of BCDF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 53% of the fund across 35 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +12.8% with distributions reinvested against +11.4% for its benchmark, the NASDAQ Composite Total Return Index, so a holder was ahead by 1.4 pts.

BITQ

By weight, 19% of BITQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 63% of the fund across 30 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −27.8% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 42.6 pts. It sits 38.7% below its all-time high of Nov 9, 2021.

Questions people ask

Do BCDF and BITQ hold the same stocks?
By their latest filings, 7% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BCDF or BITQ?
BCDF has 18% of its weight in S&P 500 names and BITQ has 19%, so BCDF differs more from the index.
Which is cheaper, BCDF or BITQ?
BCDF and BITQ both charge 0.85% a year, so neither is cheaper. Fees come from each fund's prospectus.
Other comparisons
BCDF vs WGMIBCDF vs STCEBCDF vs BLOKBCDF vs BCORBITQ vs OWNBBITQ vs IBLCBITQ vs SATOBITQ vs CRPT
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →BCDF on its own →BITQ on its own →BCDF dividend history →BCDF holdings →BITQ dividend history →BITQ holdings →Method →Standards and sources →
Sources and dates
BCDF filings on SEC EDGAR ↗
BCDF prospectus with the expense ratio (SEC) ↗
Horizon Kinetics website ↗
BITQ filings on SEC EDGAR ↗
BITQ prospectus with the expense ratio (SEC) ↗
Bitwise website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, BCDF against BITQ, data as of Nov 4, 2026. https://etfiq.com/compare/themes/bcdf-vs-bitq

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.