BFJL vs. CDOT.DE

Last updated Jun 3, 2026

BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) and CDOT.DE (CoinShares Physical Staked Polkadot EUR ETP) are both exchange-traded funds - BFJL is a Defined Outcome fund managed by First Trust, while CDOT.DE is a Cryptocurrency fund actively managed by CoinShares. A 0.65 correlation means they provide meaningful diversification when combined. BFJL charges 0.90%/yr vs 0.00%/yr for CDOT.DE.

Performance

BFJL vs. CDOT.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) and CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BFJL is traded in USD, while CDOT.DE is traded in EUR. To make them comparable, the CDOT.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BFJL achieves a -7.75% return, which is significantly higher than CDOT.DE's -39.28% return.

BFJL

• 1D: -0.15%
• 1M: -0.98%
• YTD: -7.75%
• 6M: -9.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CDOT.DE

• 1D: -4.19%
• 1M: -10.80%
• YTD: -39.28%
• 6M: -51.84%
• 1Y: -72.84%
• 3Y*: -37.86%
• 5Y*: —
• 10Y*: —

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

BFJL vs. CDOT.DE - Yearly Performance Comparison

	2026 (YTD)	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-7.75%	-7.43%
CDOT.DE CoinShares Physical Staked Polkadot EUR ETP	-39.28%	-44.35%

Correlation

The correlation between BFJL and CDOT.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 2, 2025	0.65

Return for Risk

BFJL vs. CDOT.DE — Risk / Return Rank

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

CDOT.DE

CDOT.DE Risk / Return Rank: 1
CDOT.DE Sharpe Ratio Rank: 1
CDOT.DE Sortino Ratio Rank: 1
CDOT.DE Omega Ratio Rank: 1
CDOT.DE Calmar Ratio Rank: 1
CDOT.DE Martin Ratio Rank: 1

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.

BFJL vs. CDOT.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) and CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE). 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.

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

Sharpe Ratios by Period

	BFJL	CDOT.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.15	-0.58	-0.57

Drawdowns

BFJL vs. CDOT.DE - Drawdown Comparison

The maximum BFJL drawdown since its inception was -21.27%, smaller than the maximum CDOT.DE drawdown of -94.20%. Use the drawdown chart below to compare losses from any high point for BFJL and CDOT.DE.

Drawdown Indicators

	BFJL	CDOT.DE	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-94.20%	+72.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-75.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-89.47%	—
Current Drawdown Current decline from peak	-21.27%	-94.20%	+72.93%
Average Drawdown Average peak-to-trough decline	-11.72%	-71.36%	+59.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	48.94%	—

Volatility

Volatility by Period

	BFJL	CDOT.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	51.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	72.81%	-59.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.79%	78.22%	-64.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.79%	78.22%	-64.43%

BFJL vs. CDOT.DE - Expense Ratio Comparison

BFJL has a 0.90% expense ratio, which is higher than CDOT.DE's 0.00% expense ratio.

Dividends

BFJL vs. CDOT.DE - Dividend Comparison

BFJL's dividend yield for the trailing twelve months is around 1.46%, while CDOT.DE has not paid dividends to shareholders.

Position	TTM	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.46%	1.35%
CDOT.DE CoinShares Physical Staked Polkadot EUR ETP	0.00%	0.00%

Frequently Asked Questions

Can I hold both BFJL and CDOT.DE in my portfolio?

BFJL and CDOT.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFJL or CDOT.DE?

On fees, CDOT.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFJL or CDOT.DE?

CDOT.DE is cheaper with a 0.00% expense ratio, compared with 0.90% for BFJL.

What is the main difference between BFJL and CDOT.DE?

BFJL is categorized as Defined Outcome, while CDOT.DE is Cryptocurrency. They also come from different issuers: First Trust and CoinShares. Their fees differ too: 0.90% for BFJL and 0.00% for CDOT.DE.