BITB vs. VTI
Compare and contrast key facts about Bitwise Bitcoin ETF (BITB) and Vanguard Total Stock Market ETF (VTI).
BITB and VTI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BITB is a passively managed fund by Bitwise Asset Management that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001. Both BITB and VTI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITB or VTI.
Correlation
The correlation between BITB and VTI is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BITB vs. VTI - Performance Comparison
Key characteristics
BITB:
56.90%
VTI:
12.46%
BITB:
-27.44%
VTI:
-55.45%
BITB:
0.00%
VTI:
-0.92%
Returns By Period
BITB
N/A
16.63%
65.69%
N/A
N/A
N/A
VTI
27.61%
3.22%
11.97%
28.64%
14.73%
12.84%
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BITB vs. VTI - Expense Ratio Comparison
BITB has a 0.20% expense ratio, which is higher than VTI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BITB vs. VTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Bitcoin ETF (BITB) and Vanguard Total Stock Market ETF (VTI). 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.
Dividends
BITB vs. VTI - Dividend Comparison
BITB has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.25%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Bitwise Bitcoin ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Vanguard Total Stock Market ETF | 1.25% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
BITB vs. VTI - Drawdown Comparison
The maximum BITB drawdown since its inception was -27.44%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BITB and VTI. For additional features, visit the drawdowns tool.
Volatility
BITB vs. VTI - Volatility Comparison
Bitwise Bitcoin ETF (BITB) has a higher volatility of 13.90% compared to Vanguard Total Stock Market ETF (VTI) at 2.04%. This indicates that BITB's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.