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Data as of .

BCDF vs BITQ: which is really different?

BCDF and BITQ hold 5% of their weight in the same names, and BITQ returned more over the year.

Horizon Kinetics Blockchain Development ETF and Bitwise Crypto Industry Innovators ETF.

20.1%BCDF in the S&P 500
18.8%BITQ in the S&P 500
+7.5%BCDF total return, 1 year
+12.1%BITQ total return, 1 year

ETFIQ Off-Index Score: BCDF scores higher

How much of it is not the index it is sold as an alternative to?

BCDF 71.4BITQ 45.40.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

BCDF80% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
20%80%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 58% of the fund · 35 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in20%80%inoutside the S&P 500active share 100% · top ten 58% of the fund
BITQ81% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
19%81%in the S&P 500of its weight outside the S&P 500active share 98% · top ten 63% of the fund · 30 holdings filed Sep 30, 2025 · Nasdaq-100: 11% in19%81%inoutside the S&P 500active share 98% · top ten 63% of the fund

5% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, BCDF and BITQ hold 5% of their money in the same securities at the same weight.

Positions BCDF and BITQ both hold, largest shared weight first
HoldingBCDFBITQ
Galaxy Digital Inc4.38%3.62%
CME Group Inc2.05%1.36%
Circle Internet Group Inc0.07%3.94%
Only in each
Only in BCDFOnly in BITQ
Singapore Exchange Ltd 8.77%IREN LIMITED 12.61%
Urbana Corp 7.73%COINBASE GLOBAL, INC. 9.20%
Cboe Global Markets Inc 7.18%STRATEGY INC 8.72%
TMX Group Ltd 5.67%APPLIED DIGITAL CORPORATION 5.30%
Deutsche Boerse AG 5.25%CLEANSPARK, INC. 4.97%
Nasdaq Inc 4.94%RIOT PLATFORMS, INC. 4.83%
Japan Exchange Group Inc 4.89%MARA HOLDINGS, INC. 4.62%
CACI International Inc 4.72%CORE SCIENTIFIC, INC. 4.58%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2025.

Performance, window by window

BCDF and BITQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BCDFBITQBCDFBITQBCDFBITQ
3 months+7.0%−2.1%+4.8 pts−4.4 pts+9.5 pts+0.3 pts
6 months+6.5%+33.8%−11.6 pts+15.8 pts−17.8 pts+9.6 pts
1 year+7.5%+12.1%−9.1 pts−4.4 pts−14.3 pts−9.6 pts
3 years+59.5%+290.8%−18.9 pts+212.4 pts−38.7 pts+192.7 pts
Since launch+33.8%+23.7%−63.7 pts−78.6 pts−101.4 pts−111.2 pts
Open the live comparison on ETFIQ
BCDF and BITQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BCDF
Horizon Kinetics Blockchain Development ETF
Holds 35 stocks in blockchain and crypto equities, 20% 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
IssuerHorizon KineticsBitwise
ThemeBlockchain and crypto equitiesBlockchain and crypto equities
In the S&P 50020.1%18.8%
Active share vs the S&P 50099.6%97.7%
In the Nasdaq-1000.0%11.4%
Holdings3530
Top ten, share of the fund58.3%63.2%
Expense ratio0.85%0.85%
Fee for the differing part0.85%0.87%
Total return, 1 year+7.5%+12.1%
vs the S&P 500−9.1 pts−4.4 pts
vs the Nasdaq-100−14.3 pts−9.6 pts
Below its high−5.1%−15.7%
Net assets$22m$473m

BCDF in plain words

By weight, 20% 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 58% of the fund across 35 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +7.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 9.1 pts. It sits 5.1% below its all-time high of Aug 27, 2026.

BITQ in plain words

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 Sep 30, 2025. Over the year to Sep 18, 2026 the fund returned +12.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 4.4 pts. It sits 15.7% below its all-time high of Nov 9, 2021.

Questions people ask

Do BCDF and BITQ hold the same stocks?
By their latest filings, 5% of their books are the same securities at the same weight, which is mostly different names. 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 20% 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 charges 0.85% a year and BITQ charges 0.85%, so BCDF is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BCDF against BITQ, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BCDF against BITQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bcdf-vs-bitq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources