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bitcoin long etfs
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


IBIT 9.09%FBTC 9.09%BITX 9.09%BRRR 9.09%ARKB 9.09%BITB 9.09%BTCO 9.09%EZBC 9.09%BTCW 9.09%BITO 9.09%GBTC 9.09%CryptocurrencyCryptocurrencyEquityEquity
PositionCategory/SectorWeight
ARKB
ARK 21Shares Bitcoin ETF

9.09%

BITB
Bitwise Bitcoin ETF

9.09%

BITO
ProShares Bitcoin Strategy ETF

9.09%

BITX
Volatility Shares 2x Bitcoin Strategy ETF

9.09%

BRRR
Valkyrie Bitcoin ETF

9.09%

BTCO
Invesco Galaxy Bitcoin ETF

9.09%

BTCW
Wisdom Tree Bitcoin Fund

9.09%

EZBC
Franklin Bitcoin ETF
Blockchain

9.09%

FBTC
Fidelity Wise Origin Bitcoin Trust
Blockchain

9.09%

GBTC
Grayscale Bitcoin Trust (BTC)
Financial Services

9.09%

IBIT
iShares Bitcoin Trust
Blockchain

9.09%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in bitcoin long etfs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly


-20.00%0.00%20.00%40.00%60.00%Jan 14Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24Mar 31Apr 07Apr 14
40.19%
3.91%
bitcoin long etfs
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jan 11, 2024, corresponding to the inception date of IBIT

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
4.14%-4.93%17.59%20.28%11.33%10.22%
bitcoin long etfsN/A0.29%N/AN/AN/AN/A
BITO
ProShares Bitcoin Strategy ETF
48.68%0.11%106.34%110.99%N/AN/A
GBTC
Grayscale Bitcoin Trust (BTC)
65.54%0.58%142.43%262.26%52.76%N/A
IBIT
iShares Bitcoin Trust
N/A0.71%N/AN/AN/AN/A
FBTC
Fidelity Wise Origin Bitcoin Trust
N/A0.73%N/AN/AN/AN/A
BITX
Volatility Shares 2x Bitcoin Strategy ETF
85.50%-4.39%232.97%N/AN/AN/A
BRRR
Valkyrie Bitcoin ETF
N/A0.66%N/AN/AN/AN/A
ARKB
ARK 21Shares Bitcoin ETF
N/A0.66%N/AN/AN/AN/A
BITB
Bitwise Bitcoin ETF
N/A0.77%N/AN/AN/AN/A
BTCO
Invesco Galaxy Bitcoin ETF
N/A0.59%N/AN/AN/AN/A
EZBC
Franklin Bitcoin ETF
N/A0.59%N/AN/AN/AN/A
BTCW
Wisdom Tree Bitcoin Fund
N/A0.68%N/AN/AN/AN/A

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-9.34%50.22%14.89%

Expense Ratio

The bitcoin long etfs has a high expense ratio of 0.44%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.50%1.00%1.50%2.00%0.95%
0.50%1.00%1.50%2.00%1.85%
0.50%1.00%1.50%2.00%0.39%
0.50%1.00%1.50%2.00%0.30%
0.50%1.00%1.50%2.00%0.25%
0.50%1.00%1.50%2.00%0.25%
0.50%1.00%1.50%2.00%0.25%
0.50%1.00%1.50%2.00%0.21%
0.50%1.00%1.50%2.00%0.20%
0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


bitcoin long etfs
Sharpe ratio
No data
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.66, compared to the broader market-1.000.001.002.003.004.001.66
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.44, compared to the broader market-2.000.002.004.006.002.44
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.29, compared to the broader market0.801.001.201.401.601.801.29
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.27, compared to the broader market0.002.004.006.008.001.27
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 6.65, compared to the broader market0.0010.0020.0030.0040.006.65

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
BITO
ProShares Bitcoin Strategy ETF
2.022.661.321.5710.35
GBTC
Grayscale Bitcoin Trust (BTC)
4.174.191.493.2628.47
IBIT
iShares Bitcoin Trust
FBTC
Fidelity Wise Origin Bitcoin Trust
BITX
Volatility Shares 2x Bitcoin Strategy ETF
BRRR
Valkyrie Bitcoin ETF
ARKB
ARK 21Shares Bitcoin ETF
BITB
Bitwise Bitcoin ETF
BTCO
Invesco Galaxy Bitcoin ETF
EZBC
Franklin Bitcoin ETF
BTCW
Wisdom Tree Bitcoin Fund

Sharpe Ratio


Chart placeholderNot enough data

Dividends

Dividend yield

bitcoin long etfs granted a 1.49% dividend yield in the last twelve months.


TTM2023202220212020201920182017
bitcoin long etfs1.49%1.38%0.00%0.00%0.00%0.00%0.00%0.02%
BITO
ProShares Bitcoin Strategy ETF
16.43%15.14%0.00%0.00%0.00%0.00%0.00%0.00%
GBTC
Grayscale Bitcoin Trust (BTC)
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.26%
IBIT
iShares Bitcoin Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FBTC
Fidelity Wise Origin Bitcoin Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BITX
Volatility Shares 2x Bitcoin Strategy ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BRRR
Valkyrie Bitcoin ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ARKB
ARK 21Shares Bitcoin ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BITB
Bitwise Bitcoin ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BTCO
Invesco Galaxy Bitcoin ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EZBC
Franklin Bitcoin ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BTCW
Wisdom Tree Bitcoin Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%Jan 14Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24Mar 31Apr 07Apr 14
-14.50%
-5.46%
bitcoin long etfs
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the bitcoin long etfs. 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 bitcoin long etfs was 19.29%, occurring on Apr 17, 2024. The portfolio has not yet recovered.

The current bitcoin long etfs drawdown is 14.50%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.29%Mar 14, 202424Apr 17, 2024
-16.99%Jan 12, 20247Jan 23, 202413Feb 9, 202420
-9.57%Mar 5, 20241Mar 5, 20243Mar 8, 20244
-2.24%Feb 21, 20241Feb 21, 20243Feb 26, 20244
-1.7%Feb 13, 20241Feb 13, 20241Feb 14, 20242

Volatility

Volatility Chart

The current bitcoin long etfs volatility is 20.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24Mar 31Apr 07Apr 14
20.54%
3.15%
bitcoin long etfs
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

BITXFBTCGBTCBITOBTCWBRRREZBCARKBIBITBITBBTCO
BITX1.001.001.001.000.991.001.001.001.001.001.00
FBTC1.001.001.001.001.001.001.001.001.001.001.00
GBTC1.001.001.001.001.001.001.001.001.001.001.00
BITO1.001.001.001.001.001.001.001.001.001.001.00
BTCW0.991.001.001.001.001.001.001.001.001.001.00
BRRR1.001.001.001.001.001.001.001.001.001.001.00
EZBC1.001.001.001.001.001.001.001.001.001.001.00
ARKB1.001.001.001.001.001.001.001.001.001.001.00
IBIT1.001.001.001.001.001.001.001.001.001.001.00
BITB1.001.001.001.001.001.001.001.001.001.001.00
BTCO1.001.001.001.001.001.001.001.001.001.001.00