BFJA vs. BTCZ

Last updated Jul 16, 2026

BFJA (FT Vest Bitcoin Strategy Floor15 ETF - January) and BTCZ (T-Rex 2X Inverse Bitcoin Daily Target ETF) are both Cryptocurrency funds. Both are actively managed. At a correlation of -0.97, they often move in opposite directions. BFJA charges 0.90%/yr vs 0.95%/yr for BTCZ.

Performance

BFJA vs. BTCZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) and T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BFJA

• 1D: 0.04%
• 1M: -1.52%
• 6M: -15.18%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCZ

• 1D: -1.29%
• 1M: 2.00%
• 6M: 60.99%
• YTD: 26.96%
• 1Y: 85.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BFJA vs. BTCZ - Yearly Performance Comparison

	2026 (YTD)
BFJA FT Vest Bitcoin Strategy Floor15 ETF - January	-13.10%
BTCZ T-Rex 2X Inverse Bitcoin Daily Target ETF	36.70%

Correlation

The correlation between BFJA and BTCZ is -0.97, 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 (All Time) Calculated using the full available price history since Jan 12, 2026	-0.97

Return for Risk

BFJA vs. BTCZ — Risk / Return Rank

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

BFJA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BTCZ

BTCZ Risk / Return Rank: 36
BTCZ Sharpe Ratio Rank: 32
BTCZ Sortino Ratio Rank: 39
BTCZ Omega Ratio Rank: 36
BTCZ Calmar Ratio Rank: 41
BTCZ Martin Ratio Rank: 32

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.

BFJA vs. BTCZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) and T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ). 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.

	BFJA	BTCZ	Difference
Sharpe ratio: Return per unit of total volatility	—	0.97	—
Sortino ratio: Return per unit of downside risk	—	1.71	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.76	—
Martin ratio: Return relative to average drawdown	—	3.92	—

Drawdowns

BFJA vs. BTCZ - Drawdown Comparison

The maximum BFJA drawdown since its inception was -16.74%, smaller than the maximum BTCZ drawdown of -91.06%. Use the drawdown chart below to compare losses from any high point for BFJA and BTCZ.

Drawdown Indicators

	BFJA	BTCZ	Difference
Max Drawdown Largest peak-to-trough decline	-16.74%	-91.06%	+74.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.02%	—
Current Drawdown Current decline from peak	-15.18%	-79.53%	+64.35%
Average Drawdown Average peak-to-trough decline	-10.02%	-73.78%	+63.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.92%	—

Volatility

Volatility by Period

	BFJA	BTCZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	69.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.46%	89.03%	-74.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.46%	96.47%	-82.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.46%	96.47%	-82.01%

BFJA vs. BTCZ - Expense Ratio Comparison

BFJA has a 0.90% expense ratio, which is lower than BTCZ's 0.95% expense ratio.

Dividends

BFJA vs. BTCZ - Dividend Comparison

BFJA has not paid dividends to shareholders, while BTCZ's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024
BFJA FT Vest Bitcoin Strategy Floor15 ETF - January	0.00%	0.00%	0.00%
BTCZ T-Rex 2X Inverse Bitcoin Daily Target ETF	0.01%	0.02%	0.08%

Frequently Asked Questions

Can I hold both BFJA and BTCZ in my portfolio?

BFJA and BTCZ have a correlation of -0.97, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFJA or BTCZ?

On fees, BFJA is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFJA or BTCZ?

BFJA is cheaper with a 0.90% expense ratio, compared with 0.95% for BTCZ.

Which ETF pays a higher dividend yield, BFJA or BTCZ?

BTCZ has the higher dividend yield at 0.01%, compared with 0.00% for BFJA.

What is the main difference between BFJA and BTCZ?

They also come from different issuers: First Trust and T-Rex. Their fees differ too: 0.90% for BFJA and 0.95% for BTCZ.