Skip to content
etf.net

BITS vs LEGR

Global X Blockchain & Bitcoin Strategy ETF

BITSCNasdaq

First Trust Indxx Innovative Transaction & Process ETF

LEGRBNasdaq

Overlap

0.0%by weight

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

BITS0.65%LEGR0.65%

Avg volume · 30D

LEGR 1.2×the volume

BITS1.52KLEGR1.87K

3Y return · a year

BITS +9.7pt

BITS+33.3%LEGR+23.6%

BITS vs LEGR Performance

Oct 31, 2025 – Nov 2, 2026

−39.4%BITS+13.5%LEGR

Oct 31, 2025 to Nov 2, 2026. BITS −39.4%. LEGR +13.5%. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2025May 2026Nov 2026
Expense ratio
BITS 0.65%
LEGR 0.65%
Fund size
BITS $21M
LEGR $124M
1Y total return
BITS −39.4%
LEGR +13.5%, better
Yield (12M)
BITS 26.74%, better
LEGR 1.85%
Holdings
BITS 5
LEGR 109
Avg volume (30D)
BITS 1.52K sh
LEGR 1.87K sh, better
NAV per share
BITS $54.50
LEGR $65.02
52W range

ETF.net Grade

BITS: Cost 55, Risk 49, Mission not scored, Tradability 46, Holdings not scored, Durability 56. LEGR: Cost 55, Risk 96, Mission not scored, Tradability 37, Holdings 89, Durability 77.
Pillar letters and Scores for BITS, LEGR, with each pillar’s weight
PillarBITSLEGR
Cost30% weightB55B55
Mission25% weightNot scoredNot scored
Risk15% weightC49A96Higher
Tradability15% weightC46HigherD37
Holdings10% weightNot scoredA89
Durability5% weightB56A77Higher

Rank among Crypto Industry Stocks funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BITS and LEGR are both graded against the same 20 Crypto Industry Stocks funds, so their Grades compare head to head.

Crypto Industry Stocks⁠

Category · 20 funds
See all 20 ›

LEGR ranks 3rd and BITS 9th of 20 funds in the Crypto Industry Stocks Category.

  1. Rank 1ASTCESchwab Crypto Thematic ETFScore 77
  2. Rank 2AFDIGFidelity Crypto Industry and Digital Payments ETFScore 76
  3. Rank 3BLEGRFirst Trust Indxx Innovative Transaction & Process ETFScore 65
  4. Rank 4BDAPPVanEck Digital Transformation ETFScore 63
  5. Rank 8BBKCHGlobal X Blockchain ETFScore 59
  6. Rank 9CBITSGlobal X Blockchain & Bitcoin Strategy ETFScore 51
  7. Rank 10CNODEOnchain Economy ETFScore 49

Our read on each fund

ETF.net Research

BITSCGlobal X Blockchain & Bitcoin Strategy ETF

LEGRBFirst Trust Indxx Innovative Transaction & Process ETF

In short

BITS Most crypto ETFs sell you the pickaxes. BITS holds both sides: long positions in U.S.-listed bitcoin futures alongside companies built around blockchain adoption, actively managed in one ordinary ETF wrapper.

LEGR Blockchain, hold the coins. LEGR has tracked the Indxx Blockchain Index since January 2018, owning roughly 110 global companies that build with the technology or stand to benefit from it, rather than the tokens themselves.

Stated mandate

BITS The fund seeks long-term capital appreciation by combining long positions in U.S.-listed bitcoin futures with direct or indirect investments in companies positioned to benefit from blockchain adoption.

LEGR The Fund seeks to track the performance of the Indxx Blockchain Index before fees and expenses. The index targets companies involved with blockchain technology or positioned to benefit from its use in business processes.

Why people hold it

  • BITS Two exposures, one ticker: bitcoin futures plus blockchain-linked companies, instead of picking between the coin trade and the equity trade.globalxetfs.com
  • 0.65% expense ratio, which sits below the midpoint of its blockchain-and-crypto-equity peer group and undercuts BLOK.
  • Actively managed, so the manager can shift the balance between futures and equities rather than tracking a fixed index.globalxetfs.com
  • Standard 1940 Act fund structure: brokerage account, intraday trading, no wallets or private keys to manage. One of the stronger builds in its peer group.
  • LEGR A first-wave name: launched January 2018, and it has tracked the same blockchain index through a full crypto boom and bust.
  • Picks and shovels, not whitepapers: roughly 110 global stocks either working with blockchain or positioned to benefit from it inside their own business processes.
  • Spreading the theme across about 110 operating companies keeps any single name from dominating, and the fund sits in the upper half of its global thematic peer group.

Worth knowing

  • BITS Bitcoin exposure comes from futures contracts, not coins. Results follow the futures market and the cost of rolling contracts forward, which can diverge from spot.
  • Small and thinly traded next to the big names in the category. Limit orders and a look at the spread do real work here.
  • Distributions are infrequent, roughly annual or semiannual. The mandate is capital appreciation, not a paycheck.
  • LEGR The 0.65% expense ratio sits above the typical fee among global thematic ETFs, and several funds in that group charge a fraction of it.
  • It trades thinly, so bid-ask spreads can run wider than on giant ETFs. Limit orders do real work here.
  • Stocks, not coins. Crypto moves reach this fund only through share prices of companies where blockchain may be one line in a much larger business.

Full BITS profile⁠

Full LEGR profile⁠

BITS vs LEGR Holdings

How BITS and LEGR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BITS and 0.0% of LEGR.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile52.0%
  • Sector9 Sectors67.5%
  • Asset classEquity100%

Sector

Sector weights in BITS and LEGR, widest gap first
SectorMore in BITSMore in LEGR
FinancialsBITS +32.6 points
CommunicationLEGR +8.5 points
Consumer DiscretionaryLEGR +7.1 points
IndustrialsLEGR +6.3 points
TechnologyLEGR +3.3 points
UtilitiesLEGR +3.0 points
MaterialsLEGR +2.0 points
Consumer StaplesLEGR +1.4 points
EnergyLEGR +1.0 points

Country, concentration and asset class

Country by domicile

Country weights in BITS and LEGR, widest gap first
CountryMore in BITSMore in LEGR
United StatesBITS +40.8 points
ChinaLEGR +13.1 points
GermanyLEGR +6.4 points
United KingdomLEGR +5.9 points
IndiaLEGR +4.2 points
AustraliaBITS +3.9 points
JapanLEGR +3.8 points
SpainLEGR +2.8 points
Other countries (11)LEGR +8.7 points

Outside the US: LEGR 67% developed, 33% emerging.

Concentration

Weight in the 10 largest Holdings

  • BITS100.0%
  • LEGR13.2%

Securities held

  • BITS3
  • LEGR100

Asset class

BITS
Equity
LEGR
Equity

Holdings

  • Only in BITS3
  • In both0
  • Only in LEGR100

Only in BITS

3 securities, 54.8% of BITS by weight

  • Global X Blockchain Etf29.21%
  • Global X 1-3 Month T-Bill25.50%
  • Other Payable & Receivables0.07%

Only in LEGR

100 securities, 99.5% of LEGR by weight

  • Lockheed Martin Corporation1.43%
  • Walmart Inc.1.39%
  • S&P Global Inc.1.35%

Weight gaps

BITS and LEGR share no securities.

All 3 BITS holdings⁠All 103 LEGR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BITS vs LEGR Cost

Same expense ratio

$12,717

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BITS 0.65%

    $12,717

  • LEGR 0.65%

    $12,717

$10,000
30 years

Cost over time

  • BITS 0.65%
  • LEGR 0.65%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BITS $12,717LEGR $12,717

Year by year

YearBITSLEGR
10$1,163$1,163
20$4,440$4,440
30$12,717$12,717

Expense ratio

  • 0.65%BITS
  • 0.65%LEGR
  • Middle half of Crypto Industry Stocks funds
  • Median 0.66%

BITS 8th cheapest of 20 funds

LEGR 8th cheapest of 20 funds

BITS vs LEGR Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
BITS 26.74%, better
LEGR 1.85%
Payout (12M)
BITS $14.23
LEGR $1.20
Last payment
BITS $0.19
LEGR $0.18
Ex-dividend
BITS Jun 29, 2026
LEGR Sep 24, 2026
Paid on
BITS Jul 2, 2026
LEGR Sep 30, 2026
Frequency
BITS Twice a year
LEGR Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

BITSTwice a year · 10 paymentsAll BITS payments⁠
One bar per payment. 10 payments from 2018 to 2026 YTD. Dec 30, 2021 $1.49; Jun 29, 2022 $0.02; Dec 29, 2022 $0.08; Jun 29, 2023 $0.22; Dec 28, 2023 $7.05; Jun 27, 2024 $0.38; Dec 30, 2024 $19.34; Jun 27, 2025 $0.26; Dec 30, 2025 $14.04; Jun 29, 2026 $0.19. Use the arrow keys to read each point.$0$20202020232026YTD
LEGRQuarterly · 35 paymentsAll LEGR payments⁠
One bar per payment. 35 payments from 2018 to 2026 YTD. Mar 22, 2018 $0.01; Jun 21, 2018 $0.12; Sep 14, 2018 $0.10; Dec 18, 2018 $0.10; Mar 21, 2019 $0.08; Jun 14, 2019 $0.20; Sep 25, 2019 $0.27; Dec 13, 2019 $0.11; Mar 26, 2020 $0.03; Jun 25, 2020 $0.14; Sep 24, 2020 $0.09; Dec 24, 2020 $0.10; Mar 25, 2021 $0.03; Jun 24, 2021 $0.27; Sep 23, 2021 $0.17; Dec 23, 2021 $0.32; Mar 25, 2022 $0.06; Jun 24, 2022 $0.51; Sep 23, 2022 $0.24; Dec 23, 2022 $0.09; Mar 24, 2023 $0.11; Jun 27, 2023 $0.48; Sep 22, 2023 $0.28; Dec 22, 2023 $0.17; Mar 21, 2024 $0.09; Jun 27, 2024 $0.54; Sep 26, 2024 $0.26; Dec 13, 2024 $0.22; Mar 27, 2025 $0.13; Jun 26, 2025 $0.56; Sep 25, 2025 $0.15; Dec 12, 2025 $0.26; Mar 26, 2026 $0.14; Jun 25, 2026 $0.62; Sep 24, 2026 $0.18. Use the arrow keys to read each point.$0$20202020232026YTD

BITS vs LEGR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BITS 58.0%LEGR 11.7%, better
Return per unit of riskSharpe ratio, 3 years
BITS 0.74LEGR 1.59, better
Worst fallMax drawdown, 5 years
BITS −83.1%since Nov 2021LEGR −31.5%
Market sensitivityBeta, 5 years
BITS 2.71LEGR 0.90

Popular comparisons

  • BITSCvsSTCEA

    Global X Blockchain & Bitcoin Strategy ETF · Schwab Crypto Thematic ETF

    Expense ratio
    0.65% · 0.30%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • LEGRBvsSTCEA

    First Trust Indxx Innovative Transaction & Process ETF · Schwab Crypto Thematic ETF

    Expense ratio
    0.65% · 0.30%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BITSCvsFDIGA

    Global X Blockchain & Bitcoin Strategy ETF · Fidelity Crypto Industry and Digital Payments ETF

    Expense ratio
    0.65% · 0.39%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • LEGRBvsFDIGA

    First Trust Indxx Innovative Transaction & Process ETF · Fidelity Crypto Industry and Digital Payments ETF

    Expense ratio
    0.65% · 0.39%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BITSCvsDAPPB

    Global X Blockchain & Bitcoin Strategy ETF · VanEck Digital Transformation ETF

    Expense ratio
    0.65% · 0.52%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • LEGRBvsDAPPB

    First Trust Indxx Innovative Transaction & Process ETF · VanEck Digital Transformation ETF

    Expense ratio
    0.65% · 0.52%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.