Valkyrie Bitcoin and Ether Strategy ETF (BTF)
BTF is an actively managed ETF by Valkyrie. BTF launched on Oct 21, 2021 and has a 1.24% expense ratio.
ETF Info
| ISIN | US91917A1088 |
|---|---|
| Issuer | Valkyrie |
| Inception Date | Oct 21, 2021 |
| Region | Global (Broad) |
| Category | Blockchain |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Cryptocurrency |
Expense Ratio
BTF has a high expense ratio of 1.24%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: BTF vs. BETH, BTF vs. BITO, BTF vs. XBTF, BTF vs. GBTC, BTF vs. IBIT, BTF vs. ^GSPC, BTF vs. BTC-USD, BTF vs. CRPT, BTF vs. FBTC, BTF vs. HODL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Valkyrie Bitcoin and Ether Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Valkyrie Bitcoin and Ether Strategy ETF had a return of 15.72% year-to-date (YTD) and 78.35% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.72% | 18.13% |
| 1 month | -5.55% | 1.45% |
| 6 months | -21.21% | 8.81% |
| 1 year | 78.35% | 26.52% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of BTF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.00% | 46.34% | 8.55% | -18.38% | 22.00% | -11.71% | 2.05% | -17.01% | 15.72% | ||||
| 2023 | 38.96% | -0.09% | 21.93% | 2.06% | -8.58% | 11.92% | -4.93% | -10.83% | 2.57% | 26.82% | 9.66% | 10.80% | 136.86% |
| 2022 | -16.21% | 9.01% | 8.32% | -16.38% | -17.43% | -40.75% | 27.21% | -16.28% | -2.87% | 4.67% | -14.16% | -1.78% | -63.05% |
| 2021 | 2.35% | -9.33% | -20.66% | -26.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BTF is 54, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Valkyrie Bitcoin and Ether Strategy ETF (BTF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Valkyrie Bitcoin and Ether Strategy ETF granted a 14.56% dividend yield in the last twelve months. The annual payout for that period amounted to $2.23 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $2.23 | $2.14 |
Dividend yield | 14.56% | 15.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Valkyrie Bitcoin and Ether Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.21 | |||
| 2023 | $0.12 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $1.95 | $2.14 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Valkyrie Bitcoin and Ether 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 Valkyrie Bitcoin and Ether Strategy ETF was 77.50%, occurring on Nov 9, 2022. Recovery took 333 trading sessions.
The current Valkyrie Bitcoin and Ether Strategy ETF drawdown is 32.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.5% | Nov 10, 2021 | 252 | Nov 9, 2022 | 333 | Mar 11, 2024 | 585 |
| -38.45% | Mar 14, 2024 | 122 | Sep 6, 2024 | — | — | — |
| -6.05% | Oct 26, 2021 | 2 | Oct 27, 2021 | 4 | Nov 2, 2021 | 6 |
| -4.12% | Nov 3, 2021 | 3 | Nov 5, 2021 | 1 | Nov 8, 2021 | 4 |
| -1.39% | Mar 12, 2024 | 1 | Mar 12, 2024 | 1 | Mar 13, 2024 | 2 |
Volatility
Volatility Chart
The current Valkyrie Bitcoin and Ether Strategy ETF volatility is 14.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.