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BWEBvsMTUMETF Comparison

ETF 1
BWEB

Bitwise Web3 ETF

This fund is part of
Next Generation Internet
-0.22%
Full BWEB fund page
VS
ETF 2
MTUM

iShares MSCI USA Momentum Factor ETF

This fund is part of
US Multi-Factor
-1.26%
Full MTUM fund page

Bitwise Web3 ETF (BWEB) belongs to the Next Generation Internet segment. iShares MSCI USA Momentum Factor ETF (MTUM) is part of the US Multi-Factor segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. BWEB is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.15% for MTUM. BWEB is down -3.3% year-to-date (YTD) with - in YTD flows. MTUM performs better with -2.53% YTD performance, and +$685M in YTD flows. Run a side-by-side ETF comparison of BWEB and MTUM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BWEB vs MTUM performance and flow charts

Performance

-6.0-4.0-2.00.02.04.06.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

0 M50 M100 M150 M200 M250 M300 M350 MFeb 11Feb 19Feb 26Mar 5Mar 12

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
BWEB
MTUM
+4.74%-2.57%
-10.06%-2.01%
-3.30%-2.53%
+38.30%+23.19%
+164.67%+86.36%
n/a+60.31%
Flows
BWEB
MTUM
-+$312M
-+$636M
-+$685M
+$2M+$2.96B
+$4M+$3.23B
-+$1.75B
Volatility and drawdown
3M1Y3Y5Y
Volatility
BWEB
MTUM
+38.64%+22.22%
+37.07%+23.04%
+34.00%+19.55%
n/a+20.41%
Max drawdown
BWEB
MTUM
-21.06%-7.51%
-31.31%-14.33%
-33.28%-20.97%
n/a-32.26%
Max drawdown duration
BWEB
MTUM
51d42d
135d36d
194d85d
n/a849d
Trading data

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BWEB
MTUM
Last sale
3/12/2026 at 1:30 PM
$66.74
$243.44
Previous close
03/12/2026
$68.36
$243.90
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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BWEB
MTUM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 1:30 PM
Live
Closed
BWEB
MTUM
Last price
$66.74
$243.44
1D performance
-2.37%
-0.19%
AuM$5.75 M$20.61 B
E/R0.85%0.15%
Characteristics
BWEB
MTUM
Management strategyPassivePassive
ProviderBitwiseiShares
BenchmarkBitwise Web3 Equities IndexMSCI USA Momentum SR Variant Index
N° of holdings29115
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateOctober 4, 2022April 16, 2013
ESGNoNo
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Exposure

Countries

BWEB
USA
72.21%
Other
27.79%
MTUM
USA
96.41%
Other
3.59%

Sectors

BWEB
Information Techn.
29.35%
Communication Ser.
24.97%
Financials
9.25%
Other
36.43%
MTUM
Information Techn.
40.99%
Communication Ser.
13.29%
Financials
12.92%
Industrials
11.36%
Other
21.44%
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Diversification

BWEB

Total weight of top 15 holdings out of 15

56.45%
MTUM

Total weight of top 15 holdings out of 15

50.55%

Top 15 holdings

Data as of January 31, 2026
BWEB
META PLATFORMS
8.97%
ROBLOX
6.44%
COINBASE GLOBAL
6.04%
EQUINIX INC COMMON STOCK REIT
5.12%
UNITY SOFTWARE
3.95%
CLOUDFLARE INC
3.82%
ELECTRONIC ARTS
3.44%
TAKE TWO
2.96%
APPLIED BLOCKCHAIN
2.86%
ROBINHOOD MARKETS
2.75%
US7960508882
2.32%
BLOCK INC
2.29%
CIPHER MINING INC
1.88%
EXXON
1.85%
US8740391003
1.77%
MTUM
META PLATFORMS
5.14%
JPMORGAN CHASE
4.60%
NVIDIA
4.58%
BROADCOM LIMITED
4.48%
MICRON TECHNOLOGY
4.30%
MICROSOFT-T
3.91%
PALANTIR TECHNOLOGIES
3.57%
ADVANCED MICRO DEVICES
3.12%
ALPHABET INC-CL
2.81%
GENERAL ELECTRIC
2.44%
US5128073062
2.40%
WALMART INC
2.39%
ALPHABET INC-CL
2.29%
ORACLE SYS
2.29%
CATERPILLAR
2.23%
Frequently asked questions about BWEB and MTUM

How have the BWEB and MTUM ETFs performed in 2026?

As of March 11, 2026, BWEB is down -3.3% year-to-date (YTD), while MTUM has lost -2.53%. That puts MTUM better performer ahead so far this year.

Which ETF is attracting more investor money: BWEB or MTUM?

Year-to-date, the BWEB ETF saw - in flows, compared to +$685M for MTUM.

Which ETF is more volatile: BWEB or MTUM?

Over the past year, BWEB had a volatility of 37.07%, while MTUM experienced 23.04%.

Which ETF is bigger: BWEB or MTUM?

As of March 11, 2026, BWEB holds $5.75 M in assets under management (AUM), while MTUM manages $20.61 B.

What sectors do the BWEB and MTUM ETFs invest in?

BWEB leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, MTUM focuses on Information Technology, Communication Services and Financials.

What are the top holdings of the BWEB ETF and MTUM ETF?

BWEB top holdings include META PLATFORMS, ROBLOX and COINBASE GLOBAL. MTUM holds in its top three: META PLATFORMS, JPMORGAN CHASE and NVIDIA.

Which ETF is more diversified: BWEB or MTUM?

BWEB holds 31 securities with 56.45% of its assets in the top 15. MTUM has 126 securities and a top 15 weight of 50.55%.

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