Bitwise Web3 ETF (BWEB)
BWEB is a passive ETF by Bitwise tracking the investment results of the Bitwise Web3 Equities Index - Benchmark TR Gross. BWEB launched on Oct 4, 2022 and has a 0.85% expense ratio.
ETF Info
US0917481030
Oct 4, 2022
Global (Broad)
1x
Bitwise Web3 Equities Index - Benchmark TR Gross
Large-Cap
Growth
Expense Ratio
BWEB has an expense ratio of 0.85%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Bitwise Web3 ETF (BWEB) returned 6.50% year-to-date (YTD) and 37.82% over the past 12 months.
BWEB
6.50%
13.57%
0.43%
37.82%
N/A
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of BWEB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 9.35% | -7.48% | -13.93% | 6.48% | 14.87% | 6.50% | |||||||
| 2024 | -8.46% | 15.70% | 2.40% | -12.04% | 1.41% | 5.47% | -0.67% | 0.57% | 4.93% | 3.39% | 23.12% | -6.45% | 27.37% |
| 2023 | 25.01% | -2.04% | 9.96% | -3.65% | 10.90% | 8.30% | 11.55% | -13.10% | -8.00% | -1.87% | 23.18% | 17.97% | 98.17% |
| 2022 | -5.26% | -1.77% | -12.07% | -18.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, BWEB is among the top 22% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Bitwise Web3 ETF (BWEB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Bitwise Web3 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Bitwise Web3 ETF was 33.74%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current Bitwise Web3 ETF drawdown is 7.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.74% | Dec 9, 2024 | 82 | Apr 8, 2025 | — | — | — |
| -25.49% | Jul 20, 2023 | 71 | Oct 27, 2023 | 29 | Dec 8, 2023 | 100 |
| -21.92% | Oct 5, 2022 | 59 | Dec 28, 2022 | 16 | Jan 23, 2023 | 75 |
| -18.79% | Feb 3, 2023 | 25 | Mar 10, 2023 | 50 | May 22, 2023 | 75 |
| -18.53% | Jul 17, 2024 | 14 | Aug 5, 2024 | 51 | Oct 16, 2024 | 65 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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