Data as of .
BITQ vs WGMI: which is really different?
BITQ and WGMI hold 44% of their weight in the same names, and WGMI returned more over the year.
ETFIQ Off-Index Score: WGMI scores higher
How much of it is not the index it is sold as an alternative to?
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
44% 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 WGMI hold 44% of their money in the same securities at the same weight.
| Holding | BITQ | WGMI |
|---|---|---|
| RIOT PLATFORMS, INC. | 4.83% | 4.93% |
| MARA HOLDINGS, INC. | 4.62% | 4.78% |
| CLEANSPARK, INC. | 4.97% | 4.60% |
| CIPHER MINING INC. | 4.17% | 18.17% |
| HUT 8 CORP. | 4.10% | 10.81% |
| CORE SCIENTIFIC, INC. | 4.58% | 2.85% |
| TERAWULF INC. | 4.17% | 2.83% |
| Bitdeer Technologies Group | 2.10% | 4.69% |
| GALAXY DIGITAL INC. | 3.62% | 0.64% |
| Only in BITQ | Only in WGMI |
|---|---|
| IREN LIMITED 12.61% | Keel Infrastructure Corp 10.74% |
| COINBASE GLOBAL, INC. 9.20% | IREN Ltd 10.09% |
| STRATEGY INC 8.72% | Hive Digital Technologies Ltd 4.49% |
| APPLIED DIGITAL CORPORATION 5.30% | Digi Power X Inc 4.13% |
| Circle Internet Group Inc 3.94% | Applied Digital Corp 2.95% |
| Metaplanet Inc. 2.93% | ChronoScale Corp 2.17% |
| Bullish 2.52% | Soluna Holdings Inc 2.02% |
| ROBINHOOD MARKETS, INC. 1.61% | NVIDIA Corp 2.02% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| BITQ | WGMI | BITQ | WGMI | BITQ | WGMI | |
| 3 months | −2.1% | −31.4% | −4.4 pts | −33.6 pts | +0.3 pts | −28.9 pts |
| 6 months | +33.8% | +31.4% | +15.8 pts | +13.3 pts | +9.6 pts | +7.1 pts |
| 1 year | +12.1% | +20.4% | −4.4 pts | +3.9 pts | −9.6 pts | −1.3 pts |
| 3 years | +290.8% | +380.3% | +212.4 pts | +301.9 pts | +192.7 pts | +282.1 pts |
| Since launch | +23.7% | +84.0% | −78.6 pts | +4.0 pts | −111.2 pts | −22.5 pts |
| BITQ Bitwise Crypto Industry Innovators ETF Holds 30 stocks in blockchain and crypto equities, 19% of its weight in S&P 500 companies | WGMI CoinShares Bitcoin Mining ETF Holds 27 stocks in blockchain and crypto equities, 2% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Bitwise | CoinShares |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 18.8% | 2.5% |
| Active share vs the S&P 500 | 97.7% | 97.9% |
| In the Nasdaq-100 | 11.4% | 2.0% |
| Holdings | 30 | 27 |
| Top ten, share of the fund | 63.2% | 77.4% |
| Expense ratio | 0.85% | 0.75% |
| Fee for the differing part | 0.87% | 0.77% |
| Total return, 1 year | +12.1% | +20.4% |
| vs the S&P 500 | −4.4 pts | +3.9 pts |
| vs the Nasdaq-100 | −9.6 pts | −1.3 pts |
| Below its high | −15.7% | −31.4% |
| Net assets | $473m | $344m |
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.
WGMI in plain words
By weight, 2% of WGMI'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 77% of the fund across 27 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +20.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.9 pts. It sits 31.4% below its all-time high of Jun 18, 2026.
Questions people ask
- Do BITQ and WGMI hold the same stocks?
- By their latest filings, 44% 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, BITQ or WGMI?
- BITQ has 19% of its weight in S&P 500 names and WGMI has 2%, so WGMI differs more from the index.
- Which is cheaper, BITQ or WGMI?
- BITQ charges 0.85% a year and WGMI charges 0.75%, so WGMI 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.
Cite this page. ETFIQ, BITQ against WGMI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bitq-vs-wgmi Free to use with attribution; the underlying files are at Open data.