Bitwise Bitcoin And Ether Equal Weight Strategy ETF (BTOP)
BTOP is an actively managed ETF by Bitwise. BTOP launched on Sep 29, 2023 and has a 0.90% expense ratio.
ETF Info
Issuer | Bitwise |
---|---|
Inception Date | Sep 29, 2023 |
Region | Global (Broad) |
Category | Blockchain |
Leveraged | 1x |
Index Tracked | No Index (Active) |
Asset Class | Cryptocurrency |
Expense Ratio
BTOP features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BTOP vs. BETH, BTOP vs. XEI.TO, BTOP vs. HODL, BTOP vs. BITO, BTOP vs. BTC-USD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Bitwise Bitcoin And Ether Equal Weight 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
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 14.66% | 18.10% |
1 month | -4.03% | 1.42% |
6 months | -27.05% | 10.08% |
1 year | N/A | 26.58% |
5 years (annualized) | N/A | 13.42% |
10 years (annualized) | N/A | 10.87% |
Monthly Returns
The table below presents the monthly returns of BTOP, 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 | -0.97% | 45.65% | 7.44% | -18.64% | 21.90% | -11.68% | 2.07% | -16.64% | 14.66% | ||||
2023 | 16.06% | 9.75% | 11.26% | 41.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Bitwise Bitcoin And Ether Equal Weight Strategy ETF (BTOP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Bitwise Bitcoin And Ether Equal Weight Strategy ETF granted a 5.08% dividend yield in the last twelve months. The annual payout for that period amounted to $1.99 per share.
Period | TTM | 2023 |
---|---|---|
Dividend | $1.99 | $1.99 |
Dividend yield | 5.08% | 5.82% |
Monthly Dividends
The table displays the monthly dividend distributions for Bitwise Bitcoin And Ether Equal Weight 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
2023 | $1.99 | $1.99 |
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 Bitwise Bitcoin And Ether Equal Weight 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 Bitwise Bitcoin And Ether Equal Weight Strategy ETF was 38.51%, occurring on Sep 6, 2024. The portfolio has not yet recovered.
The current Bitwise Bitcoin And Ether Equal Weight Strategy ETF drawdown is 32.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-38.51% | Mar 14, 2024 | 122 | Sep 6, 2024 | — | — | — |
-15.62% | Jan 12, 2024 | 7 | Jan 23, 2024 | 14 | Feb 12, 2024 | 21 |
-8.1% | Dec 11, 2023 | 1 | Dec 11, 2023 | 18 | Jan 8, 2024 | 19 |
-7% | Mar 5, 2024 | 1 | Mar 5, 2024 | 1 | Mar 6, 2024 | 2 |
-6.87% | Oct 3, 2023 | 8 | Oct 12, 2023 | 6 | Oct 20, 2023 | 14 |
Volatility
Volatility Chart
The current Bitwise Bitcoin And Ether Equal Weight Strategy ETF volatility is 13.93%, 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.