Loading Overlap Engine…
Dual-Fund Constituent Intersection · Capital Duplication Risk · Blended True Look-Through
Constituent-weighted capital intersection: Σ min(w_A, w_B)
100% of IBIT · 100% of SPY
Holdings exclusive to IBIT not tracked by SPY
Holdings exclusive to SPY not tracked by IBIT
Adjust portfolio weighting between IBIT and SPY to simulate effective expense drag and capital look-through.
0.203% annual asset-weighted drag
Baseline statutory dollar drag
Constituent look-through aggregate
High concentration risk: BTC-SPOT (Spot Bitcoin Custody (Coinbase Custody Trust)) accounts for 70.0% of the blended portfolio look-through.
| Ticker & Company | IBIT Weight | SPY Weight | Overlap Contribution | Blended Weight (70/30) |
|---|