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WisdomTree Physical Bitcoin ETP (WBIT.DE)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
GB00BJYDH287
Inception Date
Nov 28, 2019
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United Kingdom
Distribution Policy
Accumulating
Asset Class
Cryptocurrency
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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WisdomTree Physical Bitcoin ETP

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in WisdomTree 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

WisdomTree Physical Bitcoin ETP (WBIT.DE) has returned -22.42% so far this year and -25.07% over the past 12 months.


WisdomTree Physical Bitcoin ETP

1D
-1.75%
1M
4.00%
YTD
-22.42%
6M
-39.85%
1Y
-25.07%
3Y*
29.86%
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 Apr 14, 2021, WBIT.DE's average daily return is -0.01%, while the average monthly return is -0.39%.

Historically, 50% of months were positive and 50% were negative. The best month was Feb 2024 with a return of +44.5%, while the worst month was Aug 2021 at -97.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, WBIT.DE closed higher 50% of trading days. The best single day was Jul 26, 2021 with a return of +18.2%, while the worst single day was Aug 16, 2021 at -97.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-6.44%-20.26%4.00%-22.42%
202512.53%-20.26%-3.85%7.21%12.18%-2.07%13.26%-10.16%3.94%-1.25%-17.21%-5.16%-16.67%
20242.94%44.54%13.60%-13.06%8.64%-8.43%7.97%-14.34%8.83%13.43%43.23%-3.75%130.08%
202338.04%3.60%18.36%0.51%-4.13%8.89%-3.53%-6.09%1.41%28.11%6.14%12.31%149.15%
2022-19.29%8.01%14.38%-11.64%-20.56%-38.01%28.44%-14.97%1.60%1.43%-20.82%-5.69%-63.53%
2021-9.82%-36.11%-4.91%14.02%-96.96%-6.88%44.15%-5.39%-17.91%-98.02%

Benchmark Metrics

WisdomTree Physical Bitcoin ETP has an annualized alpha of -14.58%, beta of 0.75, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since April 15, 2021.

  • This ETF participated in 164.43% of S&P 500 Index downside but only -91.92% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.03 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
-14.58%
Beta
0.75
0.03
Upside Capture
-91.92%
Downside Capture
164.43%

Expense Ratio

WBIT.DE has an expense ratio of 0.15%, which is considered low.


Return for Risk

Risk / Return Rank

WBIT.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.


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


WBIT.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

-7.76

Explore WBIT.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


WisdomTree 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 WisdomTree 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 WisdomTree Physical Bitcoin ETP was 99.28%, occurring on Dec 30, 2022. The portfolio has not yet recovered.

The current WisdomTree Physical Bitcoin ETP drawdown is 97.32%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.28%Apr 15, 2021441Dec 30, 2022

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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