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Data as of .

BCOR vs MNRS: which is really different?

BCOR and MNRS hold 23% of their weight in the same names, and MNRS returned more over the year.

Grayscale Bitcoin Adopters ETF and Grayscale Bitcoin Miners ETF.

31.6%BCOR in the S&P 500
5.0%MNRS in the S&P 500
−18.0%BCOR total return, 1 year
−2.3%MNRS total return, 1 year

ETFIQ Off-Index Score: BCOR scores higher

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

BCOR 49.6MNRS 44.50.1, 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

BCOR68% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
32%68%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 74% of the fund · 40 holdings filed Jun 30, 2026 · Nasdaq-100: 40% in32%68%inoutside the S&P 500active share 98% · top ten 74% of the fund
MNRS95% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
5%95%inof its weight outside the S&P 500active share 98% · top ten 76% of the fund · 24 holdings filed Jun 30, 2026 · Nasdaq-100: 2% in5%95%5% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 76% of the fund

23% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, BCOR and MNRS hold 23% of their money in the same securities at the same weight.

Positions BCOR and MNRS both hold, largest shared weight first
HoldingBCORMNRS
Hut 8 Corp5.56%15.13%
Riot Platforms Inc4.87%5.62%
MARA Holdings Inc3.98%4.60%
Block Inc5.70%2.58%
Cleanspark Inc2.56%4.30%
Core Scientific Inc1.03%4.55%
Cipher Digital Inc0.65%4.85%
Keel Infrastructure Corp0.38%7.33%
Hive Digital Technologies Ltd0.27%5.11%
Canaan Inc0.14%1.29%
Exodus Movement Inc0.13%0.14%
American Bitcoin Corp0.11%0.57%
Only in each
Only in BCOROnly in MNRS
Tesla Inc 22.52%Applied Digital Corp 12.39%
Strategy Inc 12.85%IREN Ltd 11.29%
Galaxy Digital Inc 5.79%Bitdeer Technologies Group 5.42%
MercadoLibre Inc 4.66%Terawulf Inc 4.50%
GameStop Corp 4.40%Bit Digital Inc 3.38%
Trump Media & Technology Group 3.93%NVIDIA Corp 2.37%
Coinbase Global Inc 3.34%Digi Power X Inc 2.34%
Strive Inc 3.26%Soluna Holdings Inc 0.65%

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.

Performance, window by window

BCOR and MNRS over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BCORMNRSBCORMNRSBCORMNRS
3 months+15.5%−22.6%+13.3 pts−24.8 pts+18.0 pts−20.1 pts
6 months+25.9%+36.0%+7.9 pts+18.0 pts+1.7 pts+11.8 pts
1 year−18.0%−2.3%−34.6 pts−18.9 pts−39.8 pts−24.1 pts
Since launch+14.0%+41.2%−25.6 pts+12.8 pts−38.6 pts+2.2 pts
Open the live comparison on ETFIQ
BCOR and MNRS on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BCOR
Grayscale Bitcoin Adopters ETF
Holds 40 stocks in blockchain and crypto equities, 32% of its weight in S&P 500 companies
MNRS
Grayscale Bitcoin Miners ETF
Holds 24 stocks in blockchain and crypto equities, 5% of its weight in S&P 500 companies
IssuerGrayscaleGrayscale
ThemeBlockchain and crypto equitiesBlockchain and crypto equities
In the S&P 50031.6%5.0%
Active share vs the S&P 50098.0%97.6%
In the Nasdaq-10040.0%2.4%
Holdings4024
Top ten, share of the fund74.3%76.3%
Expense ratio0.59%0.59%
Fee for the differing part0.60%0.60%
Total return, 1 year−18.0%−2.3%
vs the S&P 500−34.6 pts−18.9 pts
vs the Nasdaq-100−39.8 pts−24.1 pts
Below its high−22.5%−30.9%
Net assets$2m$16m

BCOR in plain words

By weight, 32% of BCOR'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 74% of the fund across 40 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −18.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 34.6 pts. It sits 22.5% below its all-time high of Oct 6, 2025.

MNRS in plain words

By weight, 5% of MNRS'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 76% of the fund across 24 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −2.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 18.9 pts. It sits 30.9% below its all-time high of Oct 15, 2025.

Questions people ask

Do BCOR and MNRS hold the same stocks?
By their latest filings, 23% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BCOR or MNRS?
BCOR has 32% of its weight in S&P 500 names and MNRS has 5%, so BCOR differs more from the index.
Which is cheaper, BCOR or MNRS?
BCOR charges 0.59% a year and MNRS charges 0.59%, so BCOR 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.

BCOR against MNRS, 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, BCOR against MNRS, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bcor-vs-mnrs Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources