BCOR vs. BAMU

Last updated Jun 4, 2026

BCOR (Grayscale Bitcoin Adopters ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - BCOR is a Blockchain fund tracking the Indxx Bitcoin Adopters Index, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. BCOR is passively managed, while BAMU is actively managed. Over the past year, BCOR returned -17.33% vs 2.93% for BAMU. At a correlation of -0.11, they often move in opposite directions. BCOR charges 0.59%/yr vs 1.09%/yr for BAMU.

Performance

BCOR vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Bitcoin Adopters ETF (BCOR) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCOR achieves a -2.23% return, which is significantly lower than BAMU's 1.06% return.

BCOR

• 1D: -2.77%
• 1M: -5.42%
• YTD: -2.23%
• 6M: -9.89%
• 1Y: -17.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAMU

• 1D: 0.02%
• 1M: 0.20%
• YTD: 1.06%
• 6M: 1.25%
• 1Y: 2.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCOR vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025
BCOR Grayscale Bitcoin Adopters ETF	-2.23%	4.14%
BAMU Brookstone Ultra-Short Bond ETF	1.06%	2.01%

Correlation

The correlation between BCOR and BAMU is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (All Time) Calculated using the full available price history since May 1, 2025	-0.11

BCOR vs. BAMU - Sectors Allocation Comparison

Sectors	BCOR	BAMU
Technology	34.3%	-
Consumer Cyclical	32.9%	-
Financial Services	22.8%	98.8%
Communication Services	8.3%	-
Industrials	0.9%	-
Energy	0.5%	-
Utilities	0.2%	-
Healthcare	0.2%	-
Basic Materials	-	-
Consumer Defensive	-	-
Real Estate	-	-

Return for Risk

BCOR vs. BAMU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCOR

BCOR Risk / Return Rank: 6
BCOR Sharpe Ratio Rank: 5
BCOR Sortino Ratio Rank: 6
BCOR Omega Ratio Rank: 6
BCOR Calmar Ratio Rank: 6
BCOR Martin Ratio Rank: 6

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 97
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

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.

BCOR vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Bitcoin Adopters ETF (BCOR) and Brookstone Ultra-Short Bond ETF (BAMU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BCOR	BAMU	Difference
Sharpe ratio Return per unit of total volatility	-0.42	4.98	-5.40
Sortino ratio Return per unit of downside risk	-0.37	8.77	-9.13
Omega ratio Gain probability vs. loss probability	0.96	2.41	-1.45
Calmar ratio Return relative to maximum drawdown	-0.40	24.89	-25.29
Martin ratio Return relative to average drawdown	-0.75	97.89	-98.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BCOR vs. BAMU - Sharpe Ratio Comparison

The current BCOR Sharpe Ratio is -0.42, which is lower than the BAMU Sharpe Ratio of 4.98. The chart below compares the historical Sharpe Ratios of BCOR and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BCOR	BAMU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	4.98	-5.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	4.14	-4.10

Drawdowns

BCOR vs. BAMU - Drawdown Comparison

The maximum BCOR drawdown since its inception was -42.99%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for BCOR and BAMU.

Drawdown Indicators

	BCOR	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-42.99%	-0.36%	-42.63%
Max Drawdown (1Y) Largest decline over 1 year	-42.99%	-0.12%	-42.87%
Current Drawdown Current decline from peak	-30.84%	0.00%	-30.84%
Average Drawdown Average peak-to-trough decline	-18.11%	-0.02%	-18.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.12%	0.03%	+23.09%

Volatility

BCOR vs. BAMU - Volatility Comparison

Grayscale Bitcoin Adopters ETF (BCOR) has a higher volatility of 10.49% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.07%. This indicates that BCOR's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCOR	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.49%	0.07%	+10.42%
Volatility (6M) Calculated over the trailing 6-month period	31.45%	0.43%	+31.02%
Volatility (1Y) Calculated over the trailing 1-year period	41.24%	0.59%	+40.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.93%	0.87%	+42.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.93%	0.87%	+42.06%

BCOR vs. BAMU - Expense Ratio Comparison

BCOR has a 0.59% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

BCOR vs. BAMU - Dividend Comparison

BCOR's dividend yield for the trailing twelve months is around 3.17%, more than BAMU's 3.06% yield.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.06%	3.20%	3.97%	0.84%
BCOR Grayscale Bitcoin Adopters ETF	3.17%	3.10%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BCOR and BAMU in my portfolio?

BCOR and BAMU have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BCOR or BAMU?

BCOR has higher volatility (10.49%) compared to BAMU (0.07%). In terms of maximum drawdown, BCOR dropped -42.99% vs BAMU's -0.36%.

Which ETF is better, BCOR or BAMU?

On 1-year performance, BAMU leads with 2.93% vs -17.33% for BCOR. On fees, BCOR is cheaper at 0.59% per year. On volatility, BAMU has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BCOR or BAMU?

Over the 1-year period, BAMU has performed better with a 2.93% return vs -17.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BCOR or BAMU?

BCOR is cheaper with a 0.59% expense ratio, compared with 1.09% for BAMU.

Which ETF pays a higher dividend yield, BCOR or BAMU?

BCOR has the higher dividend yield at 3.17%, compared with 3.06% for BAMU.

What is the main difference between BCOR and BAMU?

BCOR is categorized as Blockchain, while BAMU is Ultrashort Bond. They also come from different issuers: Grayscale and Brookstone. Their fees differ too: 0.59% for BCOR and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (4.98 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.