BITC.DE vs. H4Z7.DE
BITC.DE (CoinShares Physical Bitcoin (BTC) EUR ETP) and H4Z7.DE (HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc)) are both exchange-traded funds - BITC.DE is a Cryptocurrency fund actively managed by CoinShares, while H4Z7.DE is a REIT fund tracking the FTSE EPRA/NAREIT Developed. BITC.DE is actively managed, while H4Z7.DE is passively managed. Over the past 3 years, BITC.DE returned 30.09%/yr vs 6.21%/yr for H4Z7.DE. At a 0.24 correlation, their price movements are largely independent. BITC.DE charges 0.25%/yr vs 0.24%/yr for H4Z7.DE.
Performance
BITC.DE vs. H4Z7.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BITC.DE achieves a -26.37% return, which is significantly lower than H4Z7.DE's 7.83% return.
BITC.DE
- 1D
- -3.77%
- 1M
- -19.18%
- YTD
- -26.37%
- 6M
- -28.36%
- 1Y
- -39.95%
- 3Y*
- 30.09%
- 5Y*
- —
- 10Y*
- —
H4Z7.DE
- 1D
- -0.12%
- 1M
- -0.57%
- YTD
- 7.83%
- 6M
- 8.92%
- 1Y
- 10.28%
- 3Y*
- 6.21%
- 5Y*
- —
- 10Y*
- —
BITC.DE vs. H4Z7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BITC.DE CoinShares Physical Bitcoin (BTC) EUR ETP | -26.37% | -16.94% | 129.58% | 149.42% | -32.61% |
H4Z7.DE HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc) | 7.83% | -1.78% | 5.80% | 7.39% | -12.91% |
Correlation
The correlation between BITC.DE and H4Z7.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2022 | 0.24 |
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Return for Risk
BITC.DE vs. H4Z7.DE — Risk / Return Rank
BITC.DE
H4Z7.DE
BITC.DE vs. H4Z7.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Bitcoin (BTC) EUR ETP (BITC.DE) and HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc) (H4Z7.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.
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.
| BITC.DE | H4Z7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.73 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.15 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 1.23 | -2.05 |
| Martin ratioReturn relative to average drawdown | -1.44 | 3.99 | -5.44 |
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Drawdowns
BITC.DE vs. H4Z7.DE - Drawdown Comparison
The maximum BITC.DE drawdown since its inception was -74.39%, which is greater than H4Z7.DE's maximum drawdown of -26.78%. Use the drawdown chart below to compare losses from any high point for BITC.DE and H4Z7.DE.
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Drawdown Indicators
| BITC.DE | H4Z7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.39% | -26.78% | -47.61% |
Max Drawdown (1Y)Largest decline over 1 year | -49.43% | -7.86% | -41.57% |
Max Drawdown (3Y)Largest decline over 3 years | -49.43% | -20.13% | -29.30% |
Max Drawdown (5Y)Largest decline over 5 years | -74.39% | — | — |
Current DrawdownCurrent decline from peak | -48.65% | -2.86% | -45.79% |
Average DrawdownAverage peak-to-trough decline | -32.17% | -11.52% | -20.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.17% | 2.42% | +25.75% |
Volatility
BITC.DE vs. H4Z7.DE - Volatility Comparison
CoinShares Physical Bitcoin (BTC) EUR ETP (BITC.DE) has a higher volatility of 9.92% compared to HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc) (H4Z7.DE) at 2.87%. This indicates that BITC.DE's price experiences larger fluctuations and is considered to be riskier than H4Z7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BITC.DE | H4Z7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.92% | 2.87% | +7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 31.32% | 8.56% | +22.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.71% | 11.25% | +29.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.71% | 14.41% | +38.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.71% | 14.41% | +38.30% |
BITC.DE vs. H4Z7.DE - Expense Ratio Comparison
BITC.DE has a 0.25% expense ratio, which is higher than H4Z7.DE's 0.24% 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%.
Dividends
BITC.DE vs. H4Z7.DE - Dividend Comparison
Neither BITC.DE nor H4Z7.DE has paid dividends to shareholders.
Frequently Asked Questions
BITC.DE and H4Z7.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4Z7.DE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4Z7.DE is cheaper with a 0.24% expense ratio, compared with 0.25% for BITC.DE.
BITC.DE is categorized as Cryptocurrency, while H4Z7.DE is REIT. They also come from different issuers: CoinShares and HSBC. Their fees differ too: 0.25% for BITC.DE and 0.24% for H4Z7.DE.
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