BITB vs. VTIAX

Last updated Apr 2, 2026

Compare and contrast key facts about Bitwise Bitcoin ETF (BITB) and Vanguard Total International Stock Index Fund Admiral Shares (VTIAX).

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. VTIAX is managed by Vanguard. It was launched on Nov 29, 2010.

Performance

BITB vs. VTIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Bitcoin ETF (BITB) and Vanguard Total International Stock Index Fund Admiral Shares (VTIAX). The values are adjusted to include any dividend payments, if applicable.

BITB vs. VTIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BITB Bitwise Bitcoin ETF	-22.18%	-6.47%	99.10%
VTIAX Vanguard Total International Stock Index Fund Admiral Shares	1.75%	32.18%	6.67%

Returns By Period

In the year-to-date period, BITB achieves a -22.18% return, which is significantly lower than VTIAX's 1.75% return.

BITB

• 1D: 0.54%
• 1M: -1.46%
• YTD: -22.18%
• 6M: -42.10%
• 1Y: -20.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTIAX

• 1D: 2.79%
• 1M: -7.27%
• YTD: 1.75%
• 6M: 5.72%
• 1Y: 27.08%
• 3Y*: 15.26%
• 5Y*: 7.20%
• 10Y*: 8.81%

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

BITB vs. VTIAX - Expense Ratio Comparison

BITB has a 0.20% expense ratio, which is higher than VTIAX's 0.11% 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%.

BITB

Bitwise Bitcoin ETF

VTIAX

Vanguard Total International Stock Index Fund Admiral Shares

Return for Risk

BITB vs. VTIAX — Risk / Return Rank

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

BITB

BITB Risk / Return Rank: 6
BITB Sharpe Ratio Rank: 5
BITB Sortino Ratio Rank: 5
BITB Omega Ratio Rank: 6
BITB Calmar Ratio Rank: 6
BITB Martin Ratio Rank: 6

VTIAX

VTIAX Risk / Return Rank: 86
VTIAX Sharpe Ratio Rank: 87
VTIAX Sortino Ratio Rank: 86
VTIAX Omega Ratio Rank: 84
VTIAX Calmar Ratio Rank: 88
VTIAX Martin Ratio Rank: 87

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.

BITB vs. VTIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Bitcoin ETF (BITB) and Vanguard Total International Stock Index Fund Admiral Shares (VTIAX). 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.

	BITB	VTIAX	Difference
Sharpe ratio Return per unit of total volatility	-0.44	1.76	-2.20
Sortino ratio Return per unit of downside risk	-0.37	2.32	-2.69
Omega ratio Gain probability vs. loss probability	0.96	1.35	-0.39
Calmar ratio Return relative to maximum drawdown	-0.36	2.35	-2.71
Martin ratio Return relative to average drawdown	-0.75	9.21	-9.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BITB vs. VTIAX - Sharpe Ratio Comparison

The current BITB Sharpe Ratio is -0.44, which is lower than the VTIAX Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of BITB and VTIAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BITB	VTIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	1.76	-2.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.39	-0.04

Correlation

The correlation between BITB and VTIAX 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.

Dividends

BITB vs. VTIAX - Dividend Comparison

BITB has not paid dividends to shareholders, while VTIAX's dividend yield for the trailing twelve months is around 2.95%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BITB 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%
VTIAX Vanguard Total International Stock Index Fund Admiral Shares	2.95%	3.15%	3.33%	3.22%	3.04%	3.05%	2.10%	3.04%	3.16%	2.73%	2.93%	2.84%

Drawdowns

BITB vs. VTIAX - Drawdown Comparison

The maximum BITB drawdown since its inception was -49.38%, which is greater than VTIAX's maximum drawdown of -35.83%. Use the drawdown chart below to compare losses from any high point for BITB and VTIAX.

Drawdown Indicators

	BITB	VTIAX	Difference
Max Drawdown Largest peak-to-trough decline	-49.38%	-35.83%	-13.55%
Max Drawdown (1Y) Largest decline over 1 year	-49.38%	-11.28%	-38.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.83%	—
Current Drawdown Current decline from peak	-45.79%	-8.81%	-36.98%
Average Drawdown Average peak-to-trough decline	-14.19%	-8.15%	-6.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.25%	2.88%	+20.37%

Volatility

BITB vs. VTIAX - Volatility Comparison

Bitwise Bitcoin ETF (BITB) has a higher volatility of 12.97% compared to Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) at 7.49%. This indicates that BITB's price experiences larger fluctuations and is considered to be riskier than VTIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BITB	VTIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.97%	7.49%	+5.48%
Volatility (6M) Calculated over the trailing 6-month period	36.82%	10.83%	+25.99%
Volatility (1Y) Calculated over the trailing 1-year period	45.26%	15.74%	+29.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.01%	14.85%	+36.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.01%	15.85%	+35.16%