The Hashdex Web3 ETF (WEB311) is a Brazilian exchange-traded fund designed to track the performance of the Solactive Web 3.0 Index, an international benchmark that measures companies positioned to benefit from the evolution of the decentralized internet. Managed by Hashdex, the ETF trades on the B3 and provides Brazilian investors with indirect exposure to businesses driving innovation across blockchain, digital infrastructure, decentralized finance, and next-generation internet technologies.

Classified as an international thematic equity ETF, WEB311 follows a passive management strategy. Rather than investing directly in individual stocks, the fund seeks to replicate the performance of the Solactive Web 3.0 Index through investments in financial instruments that provide exposure to companies participating in the Web3 ecosystem.

The underlying index includes businesses involved in blockchain infrastructure, digital asset services, decentralized finance (DeFi), cloud computing, cybersecurity, digital payments, semiconductors, and other technologies supporting the transition toward a decentralized digital economy. Constituents are selected according to predefined eligibility criteria and periodically rebalanced to maintain alignment with the benchmark methodology.

Composition / Exposure Profile

WEB311 provides exposure primarily to:

• Global companies involved in Web3 technologies.

• Blockchain infrastructure providers.

• Decentralized finance (DeFi) businesses.

• Digital infrastructure and cloud computing.

• Cybersecurity and digital payment companies.

• International technology and digital asset markets.

The ETF seeks to capture the long-term growth potential of companies developing the infrastructure and applications that support the next generation of the internet. Its holdings span multiple segments of the digital economy, providing diversified exposure to businesses that are shaping decentralized networks, tokenized ecosystems, and emerging digital technologies.

Because of its thematic focus, the fund's performance is influenced by technological innovation, adoption of blockchain-based solutions, developments in digital assets, regulatory changes, venture capital investment, and broader macroeconomic conditions affecting global technology stocks.

Structure and Costs

WEB311 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption are carried out by authorized participants, helping to keep the ETF's market price aligned with its net asset value (NAV).

The fund charges a management fee, in addition to the fees and operating expenses associated with the underlying assets and investment vehicles in which it invests.

WEB311 does not charge a performance fee and does not make recurring income distributions. Dividends and other proceeds generated by the underlying investments are automatically reinvested into the fund. The ETF has an indefinite term.

History and Evolution of the ETF

The Hashdex Web3 ETF was launched to provide Brazilian investors with convenient access to companies driving the development of the decentralized internet and emerging digital technologies through the Brazilian stock exchange.

Since its inception, WEB311 has become part of the growing range of international thematic ETFs available on the B3, reflecting increasing investor interest in blockchain infrastructure, decentralized applications, and the broader digital transformation of the global economy. 

Over time, the fund's performance has mirrored developments across the technology and digital asset sectors, influenced by innovation cycles, regulatory developments, capital investment in emerging technologies, and macroeconomic conditions affecting global equity markets.

Additional Information

Hashdex Web3 ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $54.96 million.

Over the past 12 months, Hashdex Web3 ETF recorded a return of -60.60%, with its price trading between $11.48 and $44.75 during the same period.

The ETF is traded under the ticker WEB311.