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Data as of .

BITQ vs BLCK: which is really different?

BITQ and BLCK hold 54% of their weight in the same names.

Bitwise Crypto Industry Innovators ETF and Corgi Crypto Infrastructure ETF.

18.8%BITQ in the S&P 500
23.3%BLCK in the S&P 500
+12.1%BITQ total return, 1 year
−9.7%BLCK total return, 1 year

ETFIQ Off-Index Score: BLCK scores higher

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

BITQ 45.4BLCK 69.30.1, 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

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
BLCK77% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
23%77%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 51% of the fund · 34 holdings filed Sep 18, 2026 · Nasdaq-100: 3% in23%77%inoutside the S&P 500active share 100% · top ten 51% of the fund

54% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, BITQ and BLCK hold 54% of their money in the same securities at the same weight.

Positions BITQ and BLCK both hold, largest shared weight first
HoldingBITQBLCK
COINBASE GLOBAL, INC.9.20%7.88%
RIOT PLATFORMS, INC.4.83%4.74%
HUT 8 CORP.4.10%4.93%
Circle Internet Group Inc3.94%5.94%
MARA HOLDINGS, INC.4.62%3.80%
CLEANSPARK, INC.4.97%3.41%
GALAXY DIGITAL INC.3.62%3.27%
TERAWULF INC.4.17%3.25%
Bullish2.52%2.51%
Bitdeer Technologies Group2.10%2.86%
ROBINHOOD MARKETS, INC.1.61%4.96%
Figure Technology Solutions Inc1.44%4.21%
Only in each
Only in BITQOnly in BLCK
IREN LIMITED 12.61%BitMine Immersion Technologies Inc 5.58%
STRATEGY INC 8.72%IREN Ltd 4.44%
APPLIED DIGITAL CORPORATION 5.30%Cipher Digital Inc 3.95%
CIPHER MINING INC. 4.17%Hive Digital Technologies Ltd 2.84%
Metaplanet Inc. 2.93%GPGI Inc 2.48%
The Bank of New York Mellon Corporation 1.37%Gemini Space Station Inc 2.32%
BLACKROCK, INC. 1.36%Bit Digital Inc 2.18%
Nu Holdings Ltd 1.36%CoinShares PLC 1.98%

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 Sep 18, 2026 and Sep 30, 2025.

Performance, window by window

BITQ and BLCK over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BITQBLCKBITQBLCKBITQBLCK
3 months−2.1%−6.1%−4.4 pts−8.3 pts+0.3 pts−3.6 pts
6 months+33.8%not published+15.8 ptsnot published+9.6 ptsnot published
1 year+12.1%not published−4.4 ptsnot published−9.6 ptsnot published
3 years+290.8%not published+212.4 ptsnot published+192.7 ptsnot published
Since launch+23.7%−9.7%−78.6 pts−14.0 pts−111.2 pts−13.5 pts
Open the live comparison on ETFIQ
BITQ and BLCK on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BITQ
Bitwise Crypto Industry Innovators ETF
Holds 30 stocks in blockchain and crypto equities, 19% of its weight in S&P 500 companies
BLCK
Corgi Crypto Infrastructure ETF
Holds 34 stocks in blockchain and crypto equities, 23% of its weight in S&P 500 companies
IssuerBitwiseCorgi
ThemeBlockchain and crypto equitiesBlockchain and crypto equities
In the S&P 50018.8%23.3%
Active share vs the S&P 50097.7%99.5%
In the Nasdaq-10011.4%2.6%
Holdings3034
Top ten, share of the fund63.2%51.4%
Expense ratio0.85%0.35%
Fee for the differing part0.87%0.35%
Total return, 1 year+12.1%−9.7% (since launch on May 6, 2026)
vs the S&P 500−4.4 pts−14.0 pts
vs the Nasdaq-100−9.6 pts−13.5 pts
Below its high−15.7%−10.4%
Net assets$473m$512,649

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.

BLCK in plain words

By weight, 23% of BLCK'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 51% of the fund across 34 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned −9.7% with distributions reinvested against +4.3% for the S&P 500, so a holder was behind by 14.0 pts. It sits 10.4% below its all-time high of May 14, 2026.

Questions people ask

Do BITQ and BLCK hold the same stocks?
By their latest filings, 54% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BITQ or BLCK?
BITQ has 19% of its weight in S&P 500 names and BLCK has 23%, so BLCK differs more from the index.
Which is cheaper, BITQ or BLCK?
BITQ charges 0.85% a year and BLCK charges 0.35%, so BLCK 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.

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

How every figure is computed · Standards and sources