OWNB vs MJSC

Comparison between BITWISE BITCOIN STANDARD CORPORATIONS ETF (OWNB, ETF) and MUFG JAPAN SMALL CAP ACTIVE ETF (MJSC, ETF).

OWNB vs MJSC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OWNB(ETF)	MJSC(ETF)
Net Assets	$24M	$24M
Expense Ratio	0.85%	0.85%
Max Drawdown	59.77%	12.63%
Sharpe Ratio	-0.55	1.18
5Y Beta	2.14	1.06
P/E Ratio	-15.60	N/A
Forward P/E	4.34	N/A
Debt to Equity	66.29%	N/A
P/S Ratio	3.23	N/A
P/B Ratio	1.63	N/A

Net Assets

OWNB

$24M

Winner

MJSC

$24M

Expense Ratio

OWNB

0.85%

MJSC

0.85%

Max Drawdown

OWNB

59.77%

Winner

MJSC

12.63%

Sharpe Ratio

OWNB

-0.55

Winner

MJSC

1.18

5Y Beta

OWNB

2.14

Winner

MJSC

1.06

P/E Ratio

OWNB

-15.60

MJSC

N/A

Forward P/E

OWNB

4.34

MJSC

N/A

Debt to Equity

OWNB

66.29%

MJSC

N/A

P/S Ratio

OWNB

3.23

MJSC

N/A

P/B Ratio

OWNB

1.63

MJSC

N/A

OWNB vs MJSC - Holdings Comparison

OWNB and MJSC have 1 common holdings. Overlap is 0.00%

OWNB's top 25 holdings weight is 95.25%. MJSC's top 25 holdings weight is 41.99%.

Rank	OWNB	MJSC
#1	STRATEGY INC CLASS A (MSTR) - 16.61%	MEIKO ELECTRONICS CO LTD (n/a) - 2.74%
#2	MARA HOLDINGS INC (MARA) - 10.38%	FUJI CORP (n/a) - 2.49%
#3	HUT 8 CORP (HUT) - 7.98%	TAIYO YUDEN CO LTD (n/a) - 2.31%
#4	RIOT PLATFORMS INC (RIOT) - 6.47%	MICRONICS JAPAN CO LTD (n/a) - 1.97%
#5	CLEANSPARK INC (CLSK) - 5.81%	TOKYO OHKA KOGYO CO LTD (n/a) - 1.91%
#6	TWENTY ONE CAPITAL INC CLASS A (XXI) - 5.60%	HACHIJUNI NAGANO BANK LTD (n/a) - 1.88%
#7	STRIVE INC CLASS A (ASST) - 5.27%	MUSASHI SEIMITSU INDUSTRY CO LTD (n/a) - 1.81%
#8	KEEL INFRASTRUCTURE CORP (n/a) - 3.77%	BUYSELL TECHNOLOGIES CO LTD (n/a) - 1.79%
#9	METAPLANET INC (n/a) - 3.50%	MACNICA HOLDINGS INC (n/a) - 1.69%
#10	BITDEER TECHNOLOGIES GROUP ORDINARY SHARES CLASS A (BTDR) - 3.21%	SKY PERFECT JSAT CORP (n/a) - 1.64%
#11	TRUMP MEDIA & TECHNOLOGY GROUP CORP (DJT) - 2.57%	KURITA WATER INDUSTRIES LTD (n/a) - 1.60%
#12	CORE SCIENTIFIC INC ORDINARY SHARES NEW (CORZ) - 2.44%	KANDENKO CO LTD (n/a) - 1.58%
#13	CIPHER DIGITAL INC (CIFR) - 2.40%	INFRONEER HOLDINGS INC (n/a) - 1.57%
#14	AMERICAN BITCOIN CORP (ABTC) - 2.30%	ANRITSU CORP (n/a) - 1.55%
#15	EMPERY DIGITAL INC (EMPD) - 2.24%	KYOTO FINANCIAL GROUP INC (n/a) - 1.54%
#16	BOYAA INTERACTIVE INTERNATIONAL LTD (n/a) - 2.06%	SHIZUOKA FINANCIAL GROUP INC (n/a) - 1.47%
#17	GALAXY DIGITAL INC ORDINARY SHARES CLASS A (GLXY) - 1.75%	GUNMA BANK LTD (n/a) - 1.45%
#18	REMIXPOINT INC (n/a) - 1.64%	TOKYO TATEMONO CO LTD (n/a) - 1.43%
#19	CAPITAL B (n/a) - 1.44%	SAIZERIYA CO LTD (n/a) - 1.41%
#20	EXODUS MOVEMENT INC CLASS A (EXOD) - 1.44%	MEIDENSHA CORP (n/a) - 1.40%
#21	BLOCK INC CLASS A (XYZ) - 1.39%	SUMITOMO BAKELITE CO LTD (n/a) - 1.39%
#22	CANGO INC CLASS A (CANG) - 1.38%	NAGASE & CO LTD (n/a) - 1.35%
#23	TESLA INC (TSLA) - 1.33%	RAITO KOGYO CO LTD (n/a) - 1.35%
#24	NEXT TECHNOLOGY HOLDING INC ORDINARY SHARES (NXTT) - 1.17%	MARUWA CO LTD (n/a) - 1.34%
#25	COINBASE GLOBAL INC ORDINARY SHARES CLASS A (COIN) - 1.10%	TOKYO CENTURY CORP (n/a) - 1.33%
Total Holdings	35	97

OWNB vs MJSC - Historical Returns

Returns include dividend reinvestment.

Period	OWNB	MJSC
1 month	-10.73%	-1.16%
3 months	+14.31%	+10.62%
6 months	-17.81%	+20.87%
1 year	-33.10%	N/A
Max(CAGR)	-6.68%	+30.34%

OWNB

-10.73%

Winner

MJSC

-1.16%

Winner

OWNB

+14.31%

MJSC

+10.62%

OWNB

-17.81%

Winner

MJSC

+20.87%

OWNB

-33.10%

MJSC

N/A

Max(CAGR)

OWNB

-6.68%

Winner

MJSC

+30.34%

OWNB vs MJSC - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	OWNB	MJSC
2026	-10.56%	+20.08%
2025	-3.57%	+0.41%

OWNB vs MJSC Drawdown Comparison

The maximum drawdown for OWNB was -59.47%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for MJSC was -12.63%, occurring on Mar 20, 2026. Recovery took 49 trading sessions.

The current OWNB drawdown is -46.43%. The current MJSC drawdown is -3.93%.

Rank	OWNB	MJSC
#1	-59.47% Oct 15, 2025 - Mar 30, 2026	-12.63% Feb 27, 2026 - May 8, 2026
#2	-28.43% Mar 24, 2025 - May 8, 2025	-7.14% Sep 18, 2025 - Dec 10, 2025
#3	-22.47% Jul 16, 2025 - Oct 6, 2025	-7.05% May 29, 2026 - Jun 10, 2026
#4	-17.71% May 21, 2025 - Jul 2, 2025	-2.57% Dec 15, 2025 - Jan 5, 2026
#5	-6.69% Oct 6, 2025 - Oct 15, 2025	-2.57% May 14, 2026 - May 26, 2026
#6	-6.12% May 13, 2025 - May 19, 2025	-2.41% Jan 16, 2026 - Jan 27, 2026
#7	-4.43% Mar 17, 2025 - Mar 19, 2025	-1.64% Jan 12, 2026 - Jan 16, 2026
#8	-3.64% Jul 14, 2025 - Jul 16, 2025	-1.57% Jan 27, 2026 - Feb 4, 2026
#9	-3.42% Jul 3, 2025 - Jul 9, 2025	-0.89% Dec 10, 2025 - Dec 15, 2025
#10	-3.35% Mar 12, 2025 - Mar 14, 2025	-0.88% May 26, 2026 - May 28, 2026
#11	-0.20% Mar 19, 2025 - Mar 21, 2025	-0.75% Feb 4, 2026 - Feb 6, 2026
#12	N/A	-0.49% Feb 25, 2026 - Feb 27, 2026
#13	N/A	-0.24% May 11, 2026 - May 13, 2026
#14	N/A	-0.16% Feb 12, 2026 - Feb 19, 2026
#15	N/A	-0.05% Feb 20, 2026 - Feb 24, 2026

Correlation

Correlation between OWNB and MJSC is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

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