Data as of .
MNRS vs OWNB: which is really different?
MNRS and OWNB hold 27% of their weight in the same names, and MNRS 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
27% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, MNRS and OWNB hold 27% of their money in the same securities at the same weight.
| Holding | MNRS | OWNB |
|---|---|---|
| Riot Platforms Inc | 5.62% | 5.49% |
| Hut 8 Corp | 15.13% | 5.02% |
| MARA Holdings Inc | 4.60% | 9.16% |
| Cleanspark Inc | 4.30% | 4.62% |
| Keel Infrastructure Corp | 7.33% | 1.84% |
| Block Inc | 2.58% | 1.82% |
| Cipher Digital Inc | 4.85% | 1.80% |
| Canaan Inc | 1.29% | 1.30% |
| American Bitcoin Corp | 0.57% | 3.63% |
| Only in MNRS | Only in OWNB |
|---|---|
| Applied Digital Corp 12.39% | STRATEGY INC 15.79% |
| IREN Ltd 11.29% | TWENTY ONE CAPITAL INC 6.41% |
| Bitdeer Technologies Group 5.42% | METAPLANET INC 5.88% |
| Hive Digital Technologies Ltd 5.11% | REMIXPOINT INC 4.94% |
| Core Scientific Inc 4.55% | EMPERY DIGITAL INC 4.57% |
| Terawulf Inc 4.50% | BULLISH 4.30% |
| Bit Digital Inc 3.38% | BOYAA INTERACTIVE INTERNATIONAL LTD 3.58% |
| NVIDIA Corp 2.37% | BLOCKCHAIN GROUP (THE) 3.58% |
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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| MNRS | OWNB | MNRS | OWNB | MNRS | OWNB | |
| 3 months | −22.6% | +12.4% | −24.8 pts | +10.2 pts | −20.1 pts | +14.9 pts |
| 6 months | +36.0% | +33.2% | +18.0 pts | +15.2 pts | +11.8 pts | +9.0 pts |
| 1 year | −2.3% | −35.2% | −18.9 pts | −51.8 pts | −24.1 pts | −57.0 pts |
| Since launch | +41.2% | +2.1% | +12.8 pts | −37.6 pts | +2.2 pts | −52.0 pts |
| MNRS Grayscale Bitcoin Miners ETF Holds 24 stocks in blockchain and crypto equities, 5% 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 | Grayscale | Bitwise |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 5.0% | 5.2% |
| Active share vs the S&P 500 | 97.6% | 98.1% |
| In the Nasdaq-100 | 2.4% | 17.6% |
| Holdings | 24 | 26 |
| Top ten, share of the fund | 76.3% | 66.2% |
| Expense ratio | 0.59% | 0.85% |
| Fee for the differing part | 0.60% | 0.87% |
| Total return, 1 year | −2.3% | −35.2% |
| vs the S&P 500 | −18.9 pts | −51.8 pts |
| vs the Nasdaq-100 | −24.1 pts | −57.0 pts |
| Below its high | −30.9% | −40.4% |
| Net assets | $12m | $19m |
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.
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 MNRS and OWNB hold the same stocks?
- By their latest filings, 27% 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, MNRS or OWNB?
- MNRS has 5% of its weight in S&P 500 names and OWNB has 5%, so OWNB differs more from the index.
- Which is cheaper, MNRS or OWNB?
- MNRS charges 0.59% a year and OWNB charges 0.85%, so MNRS 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, MNRS against OWNB, data as of Sep 18, 2026. https://etfiq.com/compare/themes/mnrs-vs-ownb Free to use with attribution; the underlying files are at Open data.