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Invesco Physical Bitcoin ETP (BTIC.DE)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
XS2376095068
WKN
A3GU8J
Issuer
Invesco
Inception Date
Nov 23, 2021
Leveraged
1x (No leverage)
Domicile
Jersey
Distribution Policy
Accumulating
Asset Class
Cryptocurrency
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco Physical Bitcoin ETP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Invesco Physical Bitcoin ETP (BTIC.DE) has returned -22.30% so far this year and -25.08% over the past 12 months.


Invesco Physical Bitcoin ETP

1D
-1.71%
1M
4.20%
YTD
-22.30%
6M
-39.77%
1Y
-25.08%
3Y*
29.87%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Nov 26, 2021, BTIC.DE's average daily return is +0.07%, while the average monthly return is +1.59%. At this rate, your investment would double in approximately 3.7 years.

Historically, 55% of months were positive and 45% were negative. The best month was Feb 2024 with a return of +44.7%, while the worst month was Jun 2022 at -37.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, BTIC.DE closed higher 49% of trading days. The best single day was Mar 13, 2023 with a return of +18.5%, while the worst single day was Jun 13, 2022 at -20.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-6.48%-20.26%4.20%-22.30%
202512.72%-19.91%-4.17%7.16%12.05%-2.01%13.24%-10.18%3.95%-1.30%-17.15%-5.21%-16.58%
20242.93%44.65%13.77%-13.60%9.08%-7.86%7.19%-14.26%8.60%13.83%43.49%-4.22%129.65%
202337.91%3.67%18.31%0.59%-4.16%8.70%-3.53%-5.90%1.34%28.22%6.07%12.22%148.86%
2022-19.23%7.81%14.33%-11.58%-20.61%-37.94%28.38%-14.98%1.53%1.43%-20.80%-5.64%-63.58%
20215.96%-18.10%-13.22%

Benchmark Metrics

Invesco Physical Bitcoin ETP has an annualized alpha of 6.22%, beta of 0.75, and R² of 0.07 versus S&P 500 Index. Calculated based on daily prices since November 29, 2021.

  • This ETF participated in 124.89% of S&P 500 Index downside but only 94.72% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.07 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
6.22%
Beta
0.75
0.07
Upside Capture
94.72%
Downside Capture
124.89%

Expense Ratio

BTIC.DE has an expense ratio of 0.10%, which is considered low.


Return for Risk

Risk / Return Rank

BTIC.DE ranks 3 for risk / return — in the bottom 3% 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.


BTIC.DE Risk / Return Rank: 33
Overall Rank
BTIC.DE Sharpe Ratio Rank: 33
Sharpe Ratio Rank
BTIC.DE Sortino Ratio Rank: 33
Sortino Ratio Rank
BTIC.DE Omega Ratio Rank: 33
Omega Ratio Rank
BTIC.DE Calmar Ratio Rank: 44
Calmar Ratio Rank
BTIC.DE Martin Ratio Rank: 33
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 Invesco Physical Bitcoin ETP (BTIC.DE) and compare them to a chosen benchmark (S&P 500 Index).


BTIC.DEBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.62

0.90

-1.52

Sortino ratio

Return per unit of downside risk

-0.71

1.39

-2.10

Omega ratio

Gain probability vs. loss probability

0.92

1.21

-0.29

Calmar ratio

Return relative to maximum drawdown

-0.53

1.40

-1.93

Martin ratio

Return relative to average drawdown

-1.15

6.61

-7.75

Explore BTIC.DE risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Invesco Physical Bitcoin ETP 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 Physical Bitcoin ETP. 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 Physical Bitcoin ETP was 70.64%, occurring on Dec 30, 2022. Recovery took 297 trading sessions.

The current Invesco Physical Bitcoin ETP drawdown is 45.68%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-70.64%Dec 2, 2021277Dec 30, 2022297Feb 28, 2024574
-49.42%Oct 7, 202596Feb 24, 2026
-31.46%Dec 18, 202476Apr 9, 202565Jul 14, 2025141
-26.69%Mar 14, 2024124Sep 6, 202437Oct 29, 2024161
-10.54%Aug 12, 202514Aug 29, 202526Oct 6, 202540

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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