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ISIN
US37960A8751
Issuer
Global X
Inception Date
Nov 15, 2021
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
NONE
Distribution Policy
Distributing
Asset Class
Cryptocurrency
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$31M

Share Price Chart


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Performance

BITS Performance Chart

Global X Blockchain & Bitcoin Strategy ETF (BITS) is down 6.2% since the beginning of the year. BITS is currently trading at $59 per share.


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S&P 500 Index

Returns By Period

Global X Blockchain & Bitcoin Strategy ETF (BITS) has returned -6.18% so far this year and 9.62% over the past 12 months.


Global X Blockchain & Bitcoin Strategy ETF

1D
-8.12%
1M
-19.34%
YTD
-6.18%
6M
-13.80%
1Y
9.62%
3Y*
45.77%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.25%
YTD
7.86%
6M
7.47%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BITS Monthly Returns History

Based on dividend-adjusted daily data since Nov 16, 2021, BITS's average daily return is +0.07%, while the average monthly return is +1.58%. At this rate, an investment would double in approximately 3.7 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jan 2023 with a return of +50.6%, while the worst month was Jun 2022 at -40.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, BITS closed higher 49% of trading days. The best single day was Mar 13, 2023 with a return of +16.4%, while the worst single day was Jun 13, 2022 at -17.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.04%-17.40%-4.40%22.76%11.05%-16.23%-6.18%
20257.43%-19.32%-12.67%13.12%11.70%13.54%9.96%0.02%21.88%11.05%-20.43%-10.67%14.90%
2024-12.55%41.99%11.36%-20.01%12.87%1.04%4.96%-13.20%7.59%9.10%40.07%-14.35%61.84%
202350.58%-2.45%16.99%3.38%0.41%17.06%10.20%-19.50%-6.23%15.24%19.87%30.13%212.23%
2022-19.72%5.73%5.90%-25.36%-21.02%-40.56%34.74%-10.73%-8.63%1.50%-21.77%-10.70%-75.46%
2021-6.55%-24.36%-29.31%

Benchmark Metrics

Global X Blockchain & Bitcoin Strategy ETF has an annualized alpha of -34.70%, beta of 2.83, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since November 17, 2021.

  • This ETF participated in 342.93% of S&P 500 Index downside but only 237.14% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.42 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-34.70%
Beta
2.83
0.42
Upside Capture
237.14%
Downside Capture
342.93%

Expense Ratio

BITS has an expense ratio of 0.65%, placing it in the medium range.


Return for Risk

Risk / Return Rank

BITS ranks 13 for risk / return — in the bottom 13% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


BITS Risk / Return Rank: 1313
Overall Rank
BITS Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
BITS Sortino Ratio Rank: 1515
Sortino Ratio Rank
BITS Omega Ratio Rank: 1414
Omega Ratio Rank
BITS Calmar Ratio Rank: 1212
Calmar Ratio Rank
BITS Martin Ratio Rank: 1111
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Blockchain & Bitcoin Strategy ETF (BITS) and compare them to S&P 500 Index.


BITSBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.07

Calmar ratioReturn relative to maximum drawdown

0.20

Martin ratioReturn relative to average drawdown

0.37

Dividends

Dividend History

Global X Blockchain & Bitcoin Strategy ETF provided a 24.30% dividend yield over the last twelve months, with an annual payout of $14.30 per share.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%$0.00$5.00$10.00$15.00$20.0020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$14.30$14.30$19.71$7.28$0.09$1.49

Dividend yield

24.30%22.80%29.49%13.69%0.48%1.90%

Monthly Dividends

The table displays the monthly dividend distributions for Global X Blockchain & Bitcoin Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.26$0.00$0.00$0.00$0.00$0.00$14.04$14.30
2024$0.00$0.00$0.00$0.00$0.00$0.38$0.00$0.00$0.00$0.00$0.00$19.34$19.71
2023$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$7.05$7.28
2022$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.08$0.09
2021$1.49$1.49

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Blockchain & Bitcoin Strategy 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 Global X Blockchain & Bitcoin Strategy ETF was 83.11%, occurring on Dec 28, 2022. Recovery took 479 trading sessions.

The current Global X Blockchain & Bitcoin Strategy ETF drawdown is 38.23%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-83.11%Dec 2022
1y 1mo1y 11mo
3y 6dNov 2021 - Nov 2024
2026 bear market2026
-48.38%Mar 2026
5mo 15d
7mo 23dOct 2025 - now
2025 selloff2025
-43.95%Apr 2025
3mo 21d3mo 7d
6mo 28dDec 2024 - Jul 2025
2025 correction2025
-11.46%Aug 2025
9d1mo 10d
1mo 19dJul 2025 - Sep 2025
2024 pullback2024
-8.39%Dec 2024
1d7d
8dDec 2024 - Dec 2024

Drawdown Indicators


BITSBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-83.11%

-9.10%

-74.01%

Max Drawdown (1Y)

Largest decline over 1 year

-48.38%

Max Drawdown (3Y)

Largest decline over 3 years

-48.38%

Current Drawdown

Current decline from peak

-38.23%

-2.97%

-35.26%

Average Drawdown

Average peak-to-trough decline

-42.74%

-1.13%

-41.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

25.87%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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