bitcoin long etfs
long bitcoin etfs
Asset Allocation
Position | Category/Sector | Weight |
---|---|---|
ARKB ARK 21Shares Bitcoin ETF | Blockchain | 9.09% |
BITB Bitwise Bitcoin ETF | Blockchain | 9.09% |
BITO ProShares Bitcoin Strategy ETF | Technology Equities, Actively Managed, Blockchain | 9.09% |
BITX Volatility Shares 2x Bitcoin Strategy ETF | Blockchain, Leveraged | 9.09% |
BRRR Valkyrie Bitcoin ETF | Blockchain | 9.09% |
BTCO Invesco Galaxy Bitcoin ETF | Blockchain | 9.09% |
BTCW Wisdom Tree Bitcoin Fund | Blockchain | 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% |
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
The earliest data available for this chart is Jan 11, 2024, corresponding to the inception date of IBIT
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
^GSPC S&P 500 | 15.73% | 6.43% | 8.14% | 22.75% | 13.18% | 10.67% |
bitcoin long etfs | N/A | 8.84% | -17.88% | N/A | N/A | N/A |
Portfolio components: | ||||||
BITO ProShares Bitcoin Strategy ETF | 31.12% | 8.67% | -16.49% | 109.47% | N/A | N/A |
GBTC Grayscale Bitcoin Trust (BTC) | 33.59% | 8.52% | -22.66% | 149.33% | 29.71% | N/A |
IBIT iShares Bitcoin Trust | N/A | 8.40% | -13.71% | N/A | N/A | N/A |
FBTC Fidelity Wise Origin Bitcoin Trust | N/A | 8.46% | -13.42% | N/A | N/A | N/A |
BITX Volatility Shares 2x Bitcoin Strategy ETF | 20.56% | 12.69% | -45.19% | 180.86% | N/A | N/A |
BRRR Valkyrie Bitcoin ETF | N/A | 8.51% | -13.66% | N/A | N/A | N/A |
ARKB ARK 21Shares Bitcoin ETF | N/A | 8.53% | -13.56% | N/A | N/A | N/A |
BITB Bitwise Bitcoin ETF | N/A | 8.54% | -13.55% | N/A | N/A | N/A |
BTCO Invesco Galaxy Bitcoin ETF | N/A | 8.41% | -13.53% | N/A | N/A | N/A |
EZBC Franklin Bitcoin ETF | N/A | 8.68% | -13.51% | N/A | N/A | N/A |
BTCW Wisdom Tree Bitcoin Fund | N/A | 8.57% | -13.60% | N/A | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of bitcoin long etfs, 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -9.34% | 50.22% | 14.89% | -18.59% | 15.31% | -12.48% | 8.10% | -11.60% | 21.60% |
Expense Ratio
bitcoin long etfs features an expense ratio of 0.44%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
---|---|---|---|---|---|
BITO ProShares Bitcoin Strategy ETF | 1.99 | 2.56 | 1.31 | 1.68 | 9.58 |
GBTC Grayscale Bitcoin Trust (BTC) | 2.63 | 2.96 | 1.37 | 2.21 | 12.44 |
IBIT iShares Bitcoin Trust | — | — | — | — | — |
FBTC Fidelity Wise Origin Bitcoin Trust | — | — | — | — | — |
BITX Volatility Shares 2x Bitcoin Strategy ETF | 1.66 | 2.35 | 1.28 | 3.06 | 6.99 |
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 | — | — | — | — | — |
Dividends
Dividend yield
bitcoin long etfs granted a 6.46% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
bitcoin long etfs | 6.46% | 1.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
Portfolio components: | ||||||||
BITO ProShares Bitcoin Strategy ETF | 58.59% | 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% | 0.23% |
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 | 12.47% | 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. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 31.86%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current bitcoin long etfs drawdown is 25.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-31.86% | Mar 14, 2024 | 99 | Aug 5, 2024 | — | — | — |
-16.99% | Jan 12, 2024 | 7 | Jan 23, 2024 | 13 | Feb 9, 2024 | 20 |
-9.57% | Mar 5, 2024 | 1 | Mar 5, 2024 | 3 | Mar 8, 2024 | 4 |
-2.24% | Feb 21, 2024 | 1 | Feb 21, 2024 | 3 | Feb 26, 2024 | 4 |
-1.7% | Feb 13, 2024 | 1 | Feb 13, 2024 | 1 | Feb 14, 2024 | 2 |
Volatility
Volatility Chart
The current bitcoin long etfs volatility is 17.95%, 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.
Diversification
Asset Correlations Table
GBTC | BITX | BITO | BTCW | EZBC | BRRR | FBTC | IBIT | BTCO | ARKB | BITB | |
---|---|---|---|---|---|---|---|---|---|---|---|
GBTC | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
BITX | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
BITO | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
BTCW | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
EZBC | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
BRRR | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
FBTC | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
IBIT | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
BTCO | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
ARKB | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
BITB | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |