Data as of .
OWNB vs SATO: which is really different?
OWNB and SATO hold 38% of their weight in the same names, and SATO 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
38% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, OWNB and SATO hold 38% of their money in the same securities at the same weight.
| Holding | OWNB | SATO |
|---|---|---|
| STRATEGY INC | 15.79% | 3.05% |
| STRIVE INC | 3.00% | 4.60% |
| MARA HOLDINGS INC | 9.16% | 2.76% |
| BULLISH | 4.30% | 2.68% |
| AMERICAN BITCOIN CORP | 3.63% | 2.65% |
| CLEANSPARK INC | 4.62% | 2.41% |
| RIOT PLATFORMS INC | 5.49% | 2.38% |
| METAPLANET INC | 5.88% | 2.29% |
| HUT 8 CORP | 5.02% | 2.29% |
| TWENTY ONE CAPITAL INC | 6.41% | 2.23% |
| CIPHER DIGITAL INC | 1.80% | 2.12% |
| BITGO HOLDINGS INC | 1.79% | 2.63% |
| Only in OWNB | Only in SATO |
|---|---|
| REMIXPOINT INC 4.94% | POWERSHARES CAYMAN FUND 15.23% |
| EMPERY DIGITAL INC 4.57% | Nakamoto Inc 3.49% |
| BOYAA INTERACTIVE INTERNATIONAL LTD 3.58% | BTCS Inc 2.87% |
| BLOCKCHAIN GROUP (THE) 3.58% | Bitdeer Technologies Group 2.85% |
| KEEL INFRASTRUCTURE CORP 1.84% | SHARPLINK INC 2.84% |
| NEXON CO LTD 1.53% | BitMine Immersion Technologies Inc 2.73% |
| Hive Digital Technologies Ltd 2.54% | |
| Circle Internet Group Inc 2.34% |
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 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| OWNB | SATO | OWNB | SATO | OWNB | SATO | |
| 3 months | +12.4% | +8.0% | +10.2 pts | +5.8 pts | +14.9 pts | +10.5 pts |
| 6 months | +33.2% | +30.4% | +15.2 pts | +12.4 pts | +9.0 pts | +6.2 pts |
| 1 year | −35.2% | −15.6% | −51.8 pts | −32.1 pts | −57.0 pts | −37.3 pts |
| 3 years | not published | +209.3% | not published | +130.9 pts | not published | +111.1 pts |
| Since launch | +2.1% | +6.5% | −37.6 pts | −79.2 pts | −52.0 pts | −98.1 pts |
| OWNB Bitwise Bitcoin Standard Corporations ETF Holds 26 stocks in blockchain and crypto equities, 5% of its weight in S&P 500 companies | SATO Invesco Alerian Galaxy Crypto Economy ETF Holds 60 stocks in blockchain and crypto equities, 9% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Bitwise | Invesco |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 5.2% | 8.6% |
| Active share vs the S&P 500 | 98.1% | 95.5% |
| In the Nasdaq-100 | 17.6% | 6.2% |
| Holdings | 26 | 60 |
| Top ten, share of the fund | 66.2% | 43.8% |
| Expense ratio | 0.85% | 0.66% |
| Fee for the differing part | 0.87% | 0.69% |
| Total return, 1 year | −35.2% | −15.6% |
| vs the S&P 500 | −51.8 pts | −32.1 pts |
| vs the Nasdaq-100 | −57.0 pts | −37.3 pts |
| Below its high | −40.4% | −31.7% |
| Net assets | $19m | $9m |
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.
SATO in plain words
By weight, 9% of SATO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 44% of the fund across 60 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned −15.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 32.1 pts. It sits 31.7% below its all-time high of Oct 6, 2025.
Questions people ask
- Do OWNB and SATO hold the same stocks?
- By their latest filings, 38% 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, OWNB or SATO?
- OWNB has 5% of its weight in S&P 500 names and SATO has 9%, so OWNB differs more from the index.
- Which is cheaper, OWNB or SATO?
- OWNB charges 0.85% a year and SATO charges 0.66%, so SATO 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, OWNB against SATO, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ownb-vs-sato Free to use with attribution; the underlying files are at Open data.