BWEB vs IVV
BWEB vs IVV
Bitwise Web3 ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. BWEB delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | BWEB | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $6M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 41 | 508 | |
| YTD Return | +6.19% | +13.80% | |
| 1Y Return | +31.14% | +23.70% | |
| 3Y Return (annualized) | +35.54% | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 35.6% | 15.1% | |
| Max Drawdown | -33.7% | -56.5% | |
| Fund Family | Bitwise | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 3, 2022 | May 15, 2000 |
BWEB vs IVV Performance
Bitwise Web3 ETF (BWEB) is a ETF from Bitwise and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BWEB returned +31.14% while IVV returned +23.70%. Year to date, BWEB is up 6.19% versus a gain of 13.80% for IVV.
Over three years, BWEB compounded at +35.54% per year against +21.49% for IVV. Across the full 4-year window we track, BWEB has the edge at +33.63% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BWEB has been the more volatile fund, with annualized monthly volatility of 35.6% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.7% for BWEB and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BWEB charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, BWEB currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
BWEB and IVV share 14 holdings out of 531 unique holdings combined, representing a 9.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BWEB | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 1.45% | 7.76% | 6.31% |
| META | 6.93% | 2.19% | 4.74% |
| COIN | 8.59% | 0.06% | 8.53% |
| MSFT | Pro | Pro | Pro |
| EQIX | Pro | Pro | Pro |
| HOOD | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| EA | Pro | Pro | Pro |
| TTWO | Pro | Pro | Pro |
| SQ | Pro | Pro | Pro |
See all 10 holdings BWEB shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, BWEB or IVV?
BWEB has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, BWEB or IVV?
Over the past year BWEB returned +31.14% vs +23.70% for IVV, so BWEB leads on 1-year performance. Over the longest common window we track (4 years), BWEB annualized +33.63% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, BWEB or IVV?
BWEB has been the more volatile fund at 35.6% annualized versus 15.1% for IVV. Worst drawdown: BWEB -33.7% vs IVV -56.5%.
Should I hold both BWEB and IVV?
BWEB and IVV have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BWEB and IVV?
BWEB and IVV share 14 common holdings with a 9.6% weight overlap. Combined, they hold 531 unique securities.
Which pays a higher dividend, BWEB or IVV?
BWEB yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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