PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Bitwise Crypto Industry Innovators ETF (BITQ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS3015056241
CUSIP301505624
IssuerExchange Traded Concepts
Inception DateMay 11, 2021
RegionNorth America (U.S.)
CategoryTechnology Equities, Blockchain
Leveraged1x
Index TrackedBitwise Crypto Innovators 30 Total Return
Home Pagebitqetf.com
Asset ClassEquity

Expense Ratio

BITQ features an expense ratio of 0.85%, falling within the medium range.


Expense ratio chart for BITQ: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: BITQ vs. BLOK, BITQ vs. BITW, BITQ vs. DAPP, BITQ vs. BITO, BITQ vs. BTC-USD, BITQ vs. XBTF, BITQ vs. BKCH, BITQ vs. ARKW, BITQ vs. FNGU, BITQ vs. TQQQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Bitwise Crypto Industry Innovators ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
97.27%
14.94%
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)

Returns By Period

Bitwise Crypto Industry Innovators ETF had a return of 81.97% year-to-date (YTD) and 192.68% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date81.97%25.82%
1 month54.62%3.20%
6 months97.29%14.94%
1 year192.68%35.92%
5 years (annualized)N/A14.22%
10 years (annualized)N/A11.43%

Monthly Returns

The table below presents the monthly returns of BITQ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-23.04%29.37%14.04%-21.81%16.03%12.90%2.15%-10.97%8.73%12.53%81.97%
202361.95%-2.73%9.92%10.22%9.12%14.02%24.84%-24.28%-11.96%3.58%19.02%42.34%246.83%
2022-25.23%5.67%4.46%-32.01%-25.19%-37.07%42.16%-4.44%-14.99%-4.21%-28.83%-22.43%-83.86%
202111.75%7.35%-5.23%13.25%-15.88%30.29%3.44%-26.00%8.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BITQ is 67, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of BITQ is 6767
Combined Rank
The Sharpe Ratio Rank of BITQ is 8080Sharpe Ratio Rank
The Sortino Ratio Rank of BITQ is 6767Sortino Ratio Rank
The Omega Ratio Rank of BITQ is 5959Omega Ratio Rank
The Calmar Ratio Rank of BITQ is 6767Calmar Ratio Rank
The Martin Ratio Rank of BITQ is 6060Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


BITQ
Sharpe ratio
The chart of Sharpe ratio for BITQ, currently valued at 2.76, compared to the broader market-2.000.002.004.006.002.76
Sortino ratio
The chart of Sortino ratio for BITQ, currently valued at 3.22, compared to the broader market0.005.0010.003.22
Omega ratio
The chart of Omega ratio for BITQ, currently valued at 1.37, compared to the broader market1.001.502.002.503.001.37
Calmar ratio
The chart of Calmar ratio for BITQ, currently valued at 2.45, compared to the broader market0.005.0010.0015.002.45
Martin ratio
The chart of Martin ratio for BITQ, currently valued at 11.04, compared to the broader market0.0020.0040.0060.0080.00100.0011.04
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 3.08, compared to the broader market-2.000.002.004.006.003.08
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 4.10, compared to the broader market0.005.0010.004.10
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.58, compared to the broader market1.001.502.002.503.001.58
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.48, compared to the broader market0.005.0010.0015.004.48
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 20.05, compared to the broader market0.0020.0040.0060.0080.00100.0020.05

Sharpe Ratio

The current Bitwise Crypto Industry Innovators ETF Sharpe ratio is 2.76. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Bitwise Crypto Industry Innovators ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.76
3.08
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Bitwise Crypto Industry Innovators ETF provided a 0.83% dividend yield over the last twelve months, with an annual payout of $0.18 per share.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.70202120222023
Dividends
Dividend Yield
PeriodTTM202320222021
Dividend$0.18$0.18$0.00$0.66

Dividend yield

0.83%1.51%0.00%3.12%

Monthly Dividends

The table displays the monthly dividend distributions for Bitwise Crypto Industry Innovators ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.66$0.66

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.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-35.50%
0
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Bitwise Crypto Industry Innovators ETF. 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 Bitwise Crypto Industry Innovators ETF was 90.32%, occurring on Dec 28, 2022. The portfolio has not yet recovered.

The current Bitwise Crypto Industry Innovators ETF drawdown is 35.50%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-90.32%Nov 10, 2021285Dec 28, 2022
-23.44%Sep 7, 202117Sep 29, 202121Oct 28, 202138
-22.6%Jun 15, 202124Jul 19, 202113Aug 5, 202137
-13.43%Aug 10, 20217Aug 18, 202112Sep 3, 202119
-11.88%May 17, 20215May 21, 202115Jun 14, 202120

Volatility

Volatility Chart

The current Bitwise Crypto Industry Innovators ETF volatility is 26.06%, 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.


0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
26.06%
3.89%
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)