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Invesco Galaxy Bitcoin ETF (BTCO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US46091J1016

CUSIP

46091J101

Issuer

Invesco

Inception Date

Jan 11, 2024

Category

Blockchain

Leveraged

1x

Index Tracked

Lukka Prime Reference Bitcoin Rate

Asset Class

Cryptocurrency

Expense Ratio

BTCO has an expense ratio of 0.39%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

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


Performance

Performance Chart


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Returns By Period

Invesco Galaxy Bitcoin ETF (BTCO) returned 10.47% year-to-date (YTD) and 64.80% over the past 12 months.


BTCO

YTD

10.47%

1M

25.60%

6M

34.24%

1Y

64.80%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20258.67%-17.11%-2.18%14.34%9.65%10.47%
2024-8.68%46.08%14.40%-16.88%14.57%-11.64%9.21%-10.15%8.37%10.03%38.76%-3.81%100.54%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 88, BTCO is among the top 12% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BTCO is 8888
Overall Rank
The Sharpe Ratio Rank of BTCO is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of BTCO is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BTCO is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BTCO is 9494
Calmar Ratio Rank
The Martin Ratio Rank of BTCO is 8585
Martin 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 Invesco Galaxy Bitcoin ETF (BTCO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Invesco Galaxy Bitcoin ETF Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: 1.23
  • All Time: 1.52

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Invesco Galaxy Bitcoin ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History


Invesco Galaxy Bitcoin ETF doesn't pay dividends

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 Invesco Galaxy Bitcoin 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 Invesco Galaxy Bitcoin ETF was 28.03%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Invesco Galaxy Bitcoin ETF drawdown is 3.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.03%Dec 18, 202475Apr 8, 2025
-27.35%Mar 14, 2024122Sep 6, 202443Nov 6, 2024165
-15.82%Jan 12, 20247Jan 23, 202413Feb 9, 202420
-8.53%Mar 5, 20241Mar 5, 20242Mar 7, 20243
-8.47%Nov 25, 20242Nov 26, 20247Dec 6, 20249

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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