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Bitwise 10 Crypto Index Fund (BITW)

Equity · Currency in USD · Last updated Mar 22, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Bitwise 10 Crypto Index Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $8,933 for a total return of roughly -10.67%. All prices are adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%NovemberDecember2023FebruaryMarch
-10.67%
9.29%
BITW (Bitwise 10 Crypto Index Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with BITW

Bitwise 10 Crypto Index Fund

Return

Bitwise 10 Crypto Index Fund had a return of 99.63% year-to-date (YTD) and -65.27% in the last 12 months. Over the past 10 years, Bitwise 10 Crypto Index Fund had an annualized return of -4.80%, while the S&P 500 had an annualized return of 3.95%, indicating that Bitwise 10 Crypto Index Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month13.44%-1.87%
Year-To-Date99.63%4.25%
6 months-2.90%2.64%
1 year-65.27%-10.31%
5 years (annualized)-4.80%3.95%
10 years (annualized)-4.80%3.95%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202380.26%-9.89%
2022-9.08%5.76%-34.57%-25.52%

Sharpe 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 10 Crypto Index Fund Sharpe ratio is -0.83. 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.


-1.20-1.00-0.80-0.60-0.40-0.20NovemberDecember2023FebruaryMarch
-0.83
-0.44
BITW (Bitwise 10 Crypto Index Fund)
Benchmark (^GSPC)

Dividend History


Bitwise 10 Crypto Index Fund doesn't pay dividends

Drawdowns Chart

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


-100.00%-80.00%-60.00%-40.00%-20.00%NovemberDecember2023FebruaryMarch
-92.29%
-16.55%
BITW (Bitwise 10 Crypto Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Bitwise 10 Crypto Index Fund. 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 10 Crypto Index Fund is 96.46%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-96.46%Dec 17, 2020511Dec 28, 2022
-29.06%Dec 4, 20203Dec 8, 20203Dec 11, 20206

Volatility Chart

Current Bitwise 10 Crypto Index Fund volatility is 81.32%. 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%NovemberDecember2023FebruaryMarch
81.32%
22.09%
BITW (Bitwise 10 Crypto Index Fund)
Benchmark (^GSPC)