BCOR vs. RBIL

Last updated Jun 24, 2026

BCOR (Grayscale Bitcoin Adopters ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - BCOR is a Blockchain fund tracking the Indxx Bitcoin Adopters Index, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. Over the past year, BCOR returned -24.56% vs 4.07% for RBIL. At a correlation of -0.10, they often move in opposite directions. BCOR charges 0.59%/yr vs 0.17%/yr for RBIL.

Performance

BCOR vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Bitcoin Adopters ETF (BCOR) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCOR achieves a -8.74% return, which is significantly lower than RBIL's 2.32% return.

BCOR

• 1D: -3.15%
• 1M: -11.00%
• YTD: -8.74%
• 6M: -13.96%
• 1Y: -24.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RBIL

• 1D: 0.01%
• 1M: -0.19%
• YTD: 2.32%
• 6M: 2.37%
• 1Y: 4.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BCOR vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
BCOR Grayscale Bitcoin Adopters ETF	-8.74%	5.68%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.32%	1.87%

Correlation

The correlation between BCOR and RBIL is -0.14, 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	-0.14
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	-0.10

Return for Risk

BCOR vs. RBIL — Risk / Return Rank

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

BCOR

BCOR Risk / Return Rank: 4
BCOR Sharpe Ratio Rank: 4
BCOR Sortino Ratio Rank: 4
BCOR Omega Ratio Rank: 5
BCOR Calmar Ratio Rank: 4
BCOR Martin Ratio Rank: 4

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 97
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 96
RBIL Martin Ratio Rank: 97

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. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Bitcoin Adopters ETF (BCOR) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BCOR	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	4.35	-4.94
Sortino ratio: Return per unit of downside risk	-0.65	6.69	-7.34
Omega ratio: Gain probability vs. loss probability	0.93	2.13	-1.20
Calmar ratio: Return relative to maximum drawdown	-0.57	7.82	-8.40
Martin ratio: Return relative to average drawdown	-1.01	42.95	-43.96

BCOR vs. RBIL - Sharpe Ratio Comparison

The current BCOR Sharpe Ratio is -0.59, which is lower than the RBIL Sharpe Ratio of 4.35. The chart below compares the historical Sharpe Ratios of BCOR and RBIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BCOR vs. RBIL - Drawdown Comparison

The maximum BCOR drawdown since its inception was -42.99%, which is greater than RBIL's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for BCOR and RBIL.

Drawdown Indicators

	BCOR	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-42.99%	-0.52%	-42.47%
Max Drawdown (1Y) Largest decline over 1 year	-42.99%	-0.52%	-42.47%
Current Drawdown Current decline from peak	-35.45%	-0.50%	-34.95%
Average Drawdown Average peak-to-trough decline	-18.73%	-0.07%	-18.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.32%	0.10%	+24.22%

Volatility

BCOR vs. RBIL - Volatility Comparison

Grayscale Bitcoin Adopters ETF (BCOR) has a higher volatility of 13.29% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.36%. This indicates that BCOR's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCOR	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.29%	0.36%	+12.93%
Volatility (6M) Calculated over the trailing 6-month period	32.95%	0.85%	+32.10%
Volatility (1Y) Calculated over the trailing 1-year period	41.79%	0.95%	+40.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.40%	1.07%	+42.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.40%	1.07%	+42.33%

BCOR vs. RBIL - Expense Ratio Comparison

BCOR has a 0.59% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

BCOR vs. RBIL - Dividend Comparison

BCOR's dividend yield for the trailing twelve months is around 3.46%, less than RBIL's 4.38% yield.

Position	TTM	2025
BCOR Grayscale Bitcoin Adopters ETF	3.46%	3.10%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.38%	3.65%

Frequently Asked Questions

Can I hold both BCOR and RBIL in my portfolio?

BCOR and RBIL have a correlation of -0.14, 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 RBIL?

BCOR has higher volatility (13.29%) compared to RBIL (0.36%). In terms of maximum drawdown, BCOR dropped -42.99% vs RBIL's -0.52%.

Which ETF is better, BCOR or RBIL?

On 1-year performance, RBIL leads with 4.07% vs -24.56% for BCOR. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BCOR or RBIL?

Over the 1-year period, RBIL has performed better with a 4.07% return vs -24.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BCOR or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.59% for BCOR.

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

RBIL has the higher dividend yield at 4.38%, compared with 3.46% for BCOR.

What is the main difference between BCOR and RBIL?

BCOR is categorized as Blockchain, while RBIL is Inflation-Protected Bonds. BCOR tracks Indxx Bitcoin Adopters Index, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: Grayscale and F/m. Their fees differ too: 0.59% for BCOR and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (4.35 vs -0.59), 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.