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T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ) Sharpe Ratio: 0.67

ETF · Currency in USD · Last updated Jun 19, 2026

The T-Rex 2X Inverse Bitcoin Daily Target ETF seeks to provide daily investment results, before fees and expenses, of 200% of the inverse of the daily performance of spot Bitcoin, using over-the-counter swaps to achieve its objective.

BTCZ's Sharpe Ratio of 0.67 indicates that for each unit of volatility, it generates 0.67 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 19, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

BTCZ Sharpe Ratio Rank

BTCZ Sharpe Ratio Rank: 19.920
Concerning

BTCZ ranks above 19.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

BTCZ Sharpe Ratio Market Positioning

The chart shows BTCZ's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.25
  • Green zone (top 25%): 2.25 or higher
  • Top 1%: 7.40+
  • Median: 1.65 — half of all investments score higher

How it compares to other similar ETFs

The table compares T-Rex 2X Inverse Bitcoin Daily Target ETF's Sharpe Ratio with other ETFs in the Cryptocurrency category across multiple time periods, showing how BTCZ's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 19, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ZCSHGrayscale Zcash Trust (ZEC)3.84
WGMIValkyrie Bitcoin Miners ETF3.74
CEPIREX Crypto Equity Premium Income ETF1.30
IBLCiShares Blockchain and Tech ETF1.18
BITIProShares Shrt Bitcoin ETF1.08
SBITProshares Ultrashort Bitcoin ETF0.81
BTCZT-Rex 2X Inverse Bitcoin Daily Target ETF0.67
BLOXNicholas Crypto Income ETF0.49
BITSGlobal X Blockchain & Bitcoin Strategy ETF0.31
BCDFHorizon Kinetics Blockchain Development ETF0.24

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows BTCZ's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when BTCZ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does BTCZ fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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