BFOC vs. TDOT

Last updated Jun 4, 2026

BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) and TDOT (21Shares Polkadot ETF) are both exchange-traded funds - BFOC is a Defined Outcome fund actively managed by First Trust, while TDOT is a Cryptocurrency fund tracking the DOT/USD Exchange Rate - Benchmark Price Return. BFOC is actively managed, while TDOT is passively managed. A 0.57 correlation means they provide meaningful diversification when combined. BFOC charges 0.90%/yr vs 0.30%/yr for TDOT.

Performance

BFOC vs. TDOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and 21Shares Polkadot ETF (TDOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDOT

• 1D: -0.50%
• 1M: -10.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BFOC vs. TDOT - Yearly Performance Comparison

	2026 (YTD)
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-1.56%
TDOT 21Shares Polkadot ETF	-25.71%

Correlation

The correlation between BFOC and TDOT is 0.57, 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 Mar 9, 2026	0.57

Return for Risk

BFOC vs. TDOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and 21Shares Polkadot ETF (TDOT). 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

	BFOC	TDOT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.88	-1.16	-0.72

Drawdowns

BFOC vs. TDOT - Drawdown Comparison

The maximum BFOC drawdown since its inception was -18.20%, smaller than the maximum TDOT drawdown of -31.50%. Use the drawdown chart below to compare losses from any high point for BFOC and TDOT.

Drawdown Indicators

	BFOC	TDOT	Difference
Max Drawdown Largest peak-to-trough decline	-18.20%	-31.50%	+13.30%
Current Drawdown Current decline from peak	-18.20%	-31.50%	+13.30%
Average Drawdown Average peak-to-trough decline	-12.52%	-17.86%	+5.34%

Volatility

Volatility by Period

	BFOC	TDOT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	62.88%	-50.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.61%	62.88%	-50.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.61%	62.88%	-50.27%

BFOC vs. TDOT - Expense Ratio Comparison

BFOC has a 0.90% expense ratio, which is higher than TDOT's 0.30% expense ratio.

Dividends

BFOC vs. TDOT - Dividend Comparison

BFOC has not paid dividends to shareholders, while TDOT's dividend yield for the trailing twelve months is around 0.69%.

Position	TTM
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	0.00%
TDOT 21Shares Polkadot ETF	0.69%

Frequently Asked Questions

Can I hold both BFOC and TDOT in my portfolio?

BFOC and TDOT have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFOC or TDOT?

On fees, TDOT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFOC or TDOT?

TDOT is cheaper with a 0.30% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, BFOC or TDOT?

TDOT has the higher dividend yield at 0.69%, compared with 0.00% for BFOC.

What is the main difference between BFOC and TDOT?

BFOC is categorized as Defined Outcome, while TDOT is Cryptocurrency. They also come from different issuers: First Trust and 21Shares. Their fees differ too: 0.90% for BFOC and 0.30% for TDOT.