IQ

OWNB Bitwise Bitcoin Standard Corporations ETF

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$17.98
+0.2% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Nov 4, 2026, OWNB lost 42.6%, against 14.8% for VOO.

Why did OWNB return −26.9% from Mar 2025 to Oct 2026, against VOO’s +36.4%?What does OWNB hold that the S&P 500 does not?What do OWNB’s net flows of +$27.4m over the jan 2025 to Jun 2026 mean?
Holds 26 stocks in blockchain and crypto equities, 5% of its weight in S&P 500 companiesBitwise ↗Expense ratio 0.85%Fund assets $14m on Nov 4, 2026First traded Mar 11, 2025Benchmark S&P 500 Index, measured by VOO, which tracks the same indexSEC filings ↗Every Bitwise fund ETFIQ coversDividend history

Promise check: Not measuredETFIQ has not yet listed which companies belong to the blockchain and crypto equities theme.

Compare with…Trading costsPut to the committeeaskIQ about OWNBAdd to portfolioOverlapFlowsAlerts

OWNB risk and return scorecard

vs VOO · Mar 2025 to Oct 2026 · 84 weekly returns · dividend-adjusted

Short history · 19 months
OWNB −26.9%, VOO +36.4%, Mar 2025 to Oct 2026, distributions reinvested.
Return
MeasureOWNBVOOEdge
Total return−26.9%+36.4%VOO
Annualized−17.6%+21.2%VOO
Price return−27.4%+33.6%VOO
Risk
MeasureOWNBVOOEdge
Volatility55.4%15.1%VOO
Max drawdown−55.2%−10.2%VOO
Upside capture112.5%100.0%OWNB
Downside capture161.1%100.0%VOO
Risk-adjusted
MeasureOWNBVOOEdge
Sharpe ratio−0.151.09VOO
Sortino ratio−0.231.68VOO
Alpha vs VOO
MeasureOWNBVOOEdge
Alpha, a year−38.4%Not significant
Alpha t-stat−1.00
Beta to VOO1.831.00Higher beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Oct 28, 2026
12 months to Jun 30, 2026
+$753k
Jan 2025 to Jun 2026
+$27.4m
askIQ: what do these flows mean? ↗

What you earned

OWNB −21.2%, VOO −1.1%: total return over one month to Nov 4, 2026.
OWNB−21.2%
VOO−1.1%
OWNB +5.4%, VOO −0.1%: total return over three months to Nov 4, 2026.
OWNB+5.4%
VOO−0.1%
OWNB −23.0%, VOO +5.0%: total return over six months to Nov 4, 2026.
OWNB−23.0%
VOO+5.0%
OWNB −16.2%, VOO +13.4%: total return over the year to Nov 4, 2026.
OWNB−16.2%
VOO+13.4%
OWNB −42.6%, VOO +14.8%: total return over one year to Nov 4, 2026.
OWNB−42.6%
VOO+14.8%
OWNB −19.2%, VOO +40.8%: total return since launch to Nov 4, 2026.
OWNB−19.2%
VOO+40.8%
askIQ: why did OWNB return −42.6% over one year, against VOO’s +14.8%? ↗

What did you actually buy?

Blockchain and crypto equities · holdings as of Jun 30, 2026
5.2%
Already in the S&P 500
Report
98.1%
Active share vs the S&P 500
Report
66.2%
Top ten holdings
Report
−42.6%
Total return, 1 year
Report
0.6%
12-month yield, capital gains included, on its starting price
Report
$0.187
Last payment, ex-date Dec 8, 2025
Report
Share already in the S&P 500
5.2% of the fund by weight, holdings as of Jun 30, 2026.
Ten largest holdings
STRATEGY INC15.8%
MARA HOLDINGS INC9.2%
TWENTY ONE CAPITAL INC6.4%
METAPLANET INC5.9%
RIOT PLATFORMS INC5.5%
HUT 8 CORP5.0%
REMIXPOINT INC4.9%
CLEANSPARK INC4.6%
EMPERY DIGITAL INC4.6%
BULLISH4.3%
askIQ: what does OWNB hold that the S&P 500 does not? ↗

More on OWNB

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Price, 1 year

$17.98+0.2%1 day, priceClose, Nov 4, 2026

Price only. Total return over the same days, distributions reinvested, was −42.6%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

OWNB returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Oct 5 – Nov 4, 2026−21.2%−1.1%−20.1 pts
3M Aug 5 – Nov 4, 2026+5.4%−0.1%+5.5 pts
6M May 6 – Nov 4, 2026−23.0%+5.0%−28.0 pts
YTD Dec 31, 2025 – Nov 4, 2026−16.2%+13.4%−29.6 pts
1Y Nov 4, 2025 – Nov 4, 2026−42.6%+14.8%−57.4 pts
Since launch Mar 11, 2025 – Nov 4, 2026−19.2%+40.8%−60.0 pts
Since launch, annualised Mar 11, 2025 – Nov 4, 2026−12.1%––

Total returns, distributions reinvested. Listed Mar 2025: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of Oct 28, 2026

OWNB: from Oct 7, 2026 to Oct 28, 2026, net $509k went out.

12 months
+$753k
2.5% of $29.9m on Jun 30, 2025
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
Jan 2025 to Jun 2026
+$27.4m
Jan 1, 2025 to Jun 30, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions OWNB files with the SEC on Form N-PORT.

How this is computed

ETFIQ’s daily data for this fund stop on Oct 28, 2026, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for OWNB, back to Jan 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare OWNB with other funds in the flows tool

Month by month, money in and money outJan 2025 to Oct 2026

OWNB, money in and money out each month from Jan 2025 to Oct 2026: two bars a month, money in above the line and money out below. Bars for Jan 2025 to Jun 2026 are from OWNB’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Jul 2026 to Sep 2026 have no data. Of the 19 months listed, money came in on net in 8 and went out in 4.

Bars for Jan 2025 to Jun 2026 are from OWNB’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Of the 19 months listed, money came in on net in 8 and went out in 4.

MonthInOutNet
Oct 2026 ETFIQ, the sum of its days, Oct 7 to Oct 28, 10 of 16 trading days$0−$509k−$509k
Jun 2026 SEC Form N-PORT+$714−$3.9m−$3.9m
May 2026 SEC Form N-PORT$0$0$0
Apr 2026 SEC Form N-PORT$0$0$0
Mar 2026 SEC Form N-PORT+$80−$1.9m−$1.9m
Feb 2026 SEC Form N-PORT$0$0$0
Jan 2026 SEC Form N-PORT$0$0$0
Dec 2025 SEC Form N-PORT+$5.7m−$6.0m−$297k
Nov 2025 SEC Form N-PORT$0$0$0
Oct 2025 SEC Form N-PORT+$929k$0+$929k
Sep 2025 SEC Form N-PORT+$11.4m−$11.3m+$134k
Aug 2025 SEC Form N-PORT+$2.2m$0+$2.2m
Jul 2025 SEC Form N-PORT+$3.6m$0+$3.6m
Jun 2025 SEC Form N-PORT+$9.8m$0+$9.8m
May 2025 SEC Form N-PORT+$12.3m$0+$12.3m
Apr 2025 SEC Form N-PORT+$1.2m$0+$1.2m
Mar 2025 SEC Form N-PORT+$3.4m$0+$3.4m
Feb 2025 SEC Form N-PORT$0$0$0
Jan 2025 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Oct 28, 2026. Updated when the fund files its next report.

OWNB key stats

52-week high, daily closes to Nov 4, 2026 (ETFIQ)$32.65 on Nov 5, 2025
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$15.45 on Mar 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$17.98, 15% of the way from the low to the high
Holdings26
Top ten holdings weight66.2%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · OWNBas of Nov 4, 2026
·
Not scored1 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
Premium or discount to NAV, Oct 26 close−0.08%
−1.3%95% of days within ±0.99%+1.3%
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

OWNB for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
OWNB interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

OWNB is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work
Download all holdings

OWNB top ten by weight, 66.2% of the fund, of its 26 equity positions, from the holdings filed for Jun 30, 2026. Source: the fund’s SEC filing.

STRATEGY INC MSTR 15.79%
MARA HOLDINGS INC MARA 9.16%
TWENTY ONE CAPITAL INC XXI 6.41%
METAPLANET INC 3350 TYO 5.88%
RIOT PLATFORMS INC RIOT 5.49%
HUT 8 CORP HUT 5.02%
REMIXPOINT INC 3825 TYO 4.94%
CLEANSPARK INC CLSK 4.62%
EMPERY DIGITAL INC EMPD 4.57%
BULLISH BLSH 4.30%
Fund filings on SEC EDGAR ↗See all 26 holdings →Check overlap with another fund →

Source: Holdings filing (SEC Form N-PORT). Data as of Jun 30, 2026.

About OWNB

Theme (ETFIQ, editorial)Blockchain and crypto equities
First tradedMar 11, 2025
Already in the S&P 500, by weight (ETFIQ)5.2%
Outside the S&P 500, by weight (ETFIQ)95%
Active share vs the S&P 500 (ETFIQ)98.1%
Already in the Nasdaq-100, by weight (ETFIQ)17.6%
Active share vs the Nasdaq-100 (ETFIQ)98.0%
Top ten holdings weight66.2%
Holdings26
Holdings as of (SEC N-PORT)Jun 30, 2026
Top holdingsSTRATEGY INC 15.8%, MARA HOLDINGS INC 9.2%, TWENTY ONE CAPITAL INC 6.4%, METAPLANET INC 5.9%, RIOT PLATFORMS INC 5.5%, HUT 8 CORP 5.0%, REMIXPOINT INC 4.9%, CLEANSPARK INC 4.6%, EMPERY DIGITAL INC 4.6%, BULLISH 4.3%
Net assets (issuer page, as of Nov 4, 2026)$14mReport
Benchmark (ETFIQ, from its filings)S&P 500 Index, measured by VOO, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Mar 9, 2026
OWNB, 1 year to Nov 4, 2026−42.6%
VOO, the same days+14.8%
Against its benchmark, 1 year (ETFIQ)−57.4 pts
Below its all-time high (ETFIQ)−52.8%
Expense ratio (485BPOS XBRL, Apr 30, 2026)0.85%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.87%
Closest funds by holdings overlapBCOR 51%, DAPP 38%, BITQ 36%, STCE 35%, SATO 30%
Below its all-time high52.8%, high on Oct 15, 2025
How we measure
The top ten holdings are 66% of the fund across 26 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −42.6% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 57.4 pts. It sits 52.8% below its all-time high of Oct 15, 2025.
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on OWNB

12 seats on OWNB, as of Nov 4, 2026: 1 Mixed, 6 Challenges, 5 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingChallenges
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatMixed
Put OWNB to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about OWNB

How much of OWNB is in S&P 500 companies?
By its holdings filed for Jun 30, 2026, 5% of OWNB by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.
What does OWNB hold?
26 positions as filed for Jun 30, 2026, with the top ten at 66% of the fund. The largest are STRATEGY INC at 15.8%, MARA HOLDINGS INC at 9.2%, TWENTY ONE CAPITAL INC at 6.4%.
Has OWNB beaten the S&P 500?
Over the year to Nov 4, 2026 OWNB returned −42.6% with distributions reinvested, against +14.8% for the S&P 500, so it finished behind the index by 57.4 points.
What does OWNB cost?
The prospectus expense ratio is 0.85% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.87%.
Sources and dates
Prices, OWNB and Benchmark (VOO)Tiingo end-of-day · Nov 4, 2026
Fee, 0.85%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $14mIssuer page · Nov 4, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jun 30, 2026 ↗
IssuerBitwise website ↗
All fund filingsFund filings on SEC EDGAR ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, OWNB, thematic ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/ownb

The difference bar for OWNB, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Active share
How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
Top ten
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Full definitions: thematic ETFs vocabulary page. →
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OWNB: 5% of OWNB's weight is in S&P 500 companies and 95% is outside the index. Holdings as of Jun 30, 2026.
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<iframe src="https://etfiq.com/embed/themes/ownb/" title="OWNB: 5% of OWNB&#x27;s weight is in S&amp;P 500 companies and 95% is outside the index. Holdings as of Jun 30, 2026." width="640" height="346" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">OWNB: 5% of OWNB&#x27;s weight is in S&amp;P 500 companies and 95% is outside the index. Holdings as of Jun 30, 2026. Data: <a href="https://etfiq.com/funds/ownb">ETFIQ</a></figcaption>
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