Data as of .
IBLC vs OWNB: which is really different?
IBLC and OWNB hold 22% of their weight in the same names, and IBLC returned more over the year.
ETFIQ Off-Index Score: OWNB 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
22% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, IBLC and OWNB hold 22% of their money in the same securities at the same weight.
| Holding | IBLC | OWNB |
|---|---|---|
| HUT CORP | 5.06% | 5.02% |
| RIOT PLATFORMS | 4.15% | 5.49% |
| MARA HOLDINGS | 2.35% | 9.16% |
| CIPHER DIGITAL INC | 3.09% | 1.80% |
| CLEANSPARK | 1.79% | 4.62% |
| GALAXY DIGITAL INC CLASS A | 2.27% | 1.77% |
| COINBASE GLOBAL INC CLASS A | 14.49% | 1.58% |
| KEEL INFRASTRUCTURE CORP | 1.20% | 1.84% |
| TWENTY ONE CAPITAL INC CLASS A | 0.80% | 6.41% |
| BULLISH | 0.71% | 4.30% |
| BLOCK CLASS A | 0.67% | 1.82% |
| BITGO HOLDINGS INC CLASS A | 0.24% | 1.79% |
| Only in IBLC | Only in OWNB |
|---|---|
| CIRCLE INTERNET GROUP INC CLASS A 8.64% | STRATEGY INC 15.79% |
| IREN 7.69% | METAPLANET INC 5.88% |
| BITMINE IMMERSION TECHNOLOGIES 7.57% | REMIXPOINT INC 4.94% |
| ADVANCED MICRO DEVICES 4.94% | EMPERY DIGITAL INC 4.57% |
| MASTERCARD CLASS A 4.87% | BOYAA INTERACTIVE INTERNATIONAL LTD 3.58% |
| NVIDIA 4.52% | BLOCKCHAIN GROUP (THE) 3.58% |
| TENCENT HOLDINGS 3.98% | STRIVE INC 3.00% |
| APPLIED DIGITAL 3.72% | TESLA INC 1.76% |
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 17, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| IBLC | OWNB | IBLC | OWNB | IBLC | OWNB | |
| 3 months | −7.8% | +12.4% | −10.0 pts | +10.2 pts | −5.3 pts | +14.9 pts |
| 6 months | +23.1% | +33.2% | +5.1 pts | +15.2 pts | −1.1 pts | +9.0 pts |
| 1 year | −3.5% | −35.2% | −20.1 pts | −51.8 pts | −25.3 pts | −57.0 pts |
| 3 years | +212.2% | not published | +133.8 pts | not published | +114.0 pts | not published |
| Since launch | +131.6% | +2.1% | +37.7 pts | −37.6 pts | −2.2 pts | −52.0 pts |
| IBLC iShares Blockchain and Tech ETF Holds 50 stocks in blockchain and crypto equities, 35% of its weight in S&P 500 companies | OWNB Bitwise Bitcoin Standard Corporations ETF Holds 26 stocks in blockchain and crypto equities, 5% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | iShares | Bitwise |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 35.2% | 5.2% |
| Active share vs the S&P 500 | 92.7% | 98.1% |
| In the Nasdaq-100 | 10.2% | 17.6% |
| Holdings | 50 | 26 |
| Top ten, share of the fund | 65.9% | 66.2% |
| Expense ratio | 0.47% | 0.85% |
| Fee for the differing part | 0.51% | 0.87% |
| Total return, 1 year | −3.5% | −35.2% |
| vs the S&P 500 | −20.1 pts | −51.8 pts |
| vs the Nasdaq-100 | −25.3 pts | −57.0 pts |
| Below its high | −20.7% | −40.4% |
| Net assets | $89m | $19m |
IBLC in plain words
By weight, 35% of IBLC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 66% of the fund across 50 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned −3.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 20.1 pts. It sits 20.7% below its all-time high of Oct 15, 2025.
OWNB in plain words
By weight, 5% of OWNB'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 66% of the fund across 26 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −35.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 51.8 pts. It sits 40.4% below its all-time high of Oct 15, 2025.
Questions people ask
- Do IBLC and OWNB hold the same stocks?
- By their latest filings, 22% 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, IBLC or OWNB?
- IBLC has 35% of its weight in S&P 500 names and OWNB has 5%, so OWNB differs more from the index.
- Which is cheaper, IBLC or OWNB?
- IBLC charges 0.47% a year and OWNB charges 0.85%, so IBLC 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, IBLC against OWNB, data as of Sep 18, 2026. https://etfiq.com/compare/themes/iblc-vs-ownb Free to use with attribution; the underlying files are at Open data.