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Bitwise Crypto Industry Innovators ETF (BITQ)

ETF · Currency in USD · Last updated Aug 6, 2022

BITQ is a passive ETF by Exchange Traded Concepts tracking the investment results of the Bitwise Crypto Innovators 30 Total Return. BITQ launched on May 11, 2021 and has a 0.85% expense ratio.

ETF Info

ISINUS3015056241
CUSIP301505624
IssuerExchange Traded Concepts
Inception DateMay 11, 2021
RegionNorth America (U.S.)
CategoryTechnology Equities, Blockchain
Expense Ratio0.85%
Index TrackedBitwise Crypto Innovators 30 Total Return
ETF Home Pagebitqetf.com
Asset ClassEquity

Trading Data

Previous Close$8.90
Year Range$5.55 - $33.17
EMA (50)$7.97
EMA (200)$14.34
Average Volume$151.47K

BITQShare Price Chart


Chart placeholderClick Calculate to get results

BITQPerformance

The chart shows the growth of $10,000 invested in Bitwise Crypto Industry Innovators ETF in May 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $4,450 for a total return of roughly -55.50%. All prices are adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%MarchAprilMayJuneJulyAugust
-48.67%
-8.32%
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)

BITQReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M46.38%8.19%
6M-40.27%-7.42%
YTD-57.64%-13.03%
1Y-61.31%-5.85%
5Y-47.89%-0.83%
10Y-47.89%-0.83%

BITQMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-25.23%5.67%4.46%-32.01%-25.19%-37.07%42.16%12.80%
20218.70%7.35%-5.23%13.25%-15.88%30.29%3.44%-26.00%

BITQSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Bitwise Crypto Industry Innovators ETF Sharpe ratio is -0.84. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.200.00May 15May 22May 29Jun 05Jun 12Jun 19Jun 26Jul 03Jul 10Jul 17Jul 24Jul 31
-0.84
-0.31
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)

BITQDividend History

Bitwise Crypto Industry Innovators ETF granted a 7.36% dividend yield in the last twelve months. The annual payout for that period amounted to $0.66 per share.


PeriodTTM2021
Dividend$0.66$0.66

Dividend yield

7.36%3.12%

BITQDrawdowns Chart

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


-80.00%-60.00%-40.00%-20.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-73.17%
-13.58%
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)

BITQWorst Drawdowns

The table below shows the maximum drawdowns of the Bitwise Crypto Industry Innovators ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Bitwise Crypto Industry Innovators ETF is 83.27%, recorded on Jun 30, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-83.27%Nov 10, 2021160Jun 30, 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
-7.53%May 13, 20211May 13, 20211May 14, 20212
-0.13%Nov 4, 20211Nov 4, 20211Nov 5, 20212

BITQVolatility Chart

Current Bitwise Crypto Industry Innovators ETF volatility is 84.01%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%50.00%100.00%150.00%MarchAprilMayJuneJulyAugust
84.01%
19.67%
BITQ (Bitwise Crypto Industry Innovators ETF)
Benchmark (^GSPC)