BITC vs. SOL

Last updated Jun 26, 2026

BITC (Bitwise Bitcoin Strategy Optimum Roll ETF) is Cryptocurrency fund actively managed by Bitwise, while SOL (ReneSola Ltd) is a stock.

Performance

BITC vs. SOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) and ReneSola Ltd (SOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BITC

• 1D: 0.15%
• 1M: -6.81%
• YTD: -0.51%
• 6M: -0.58%
• 1Y: -17.30%
• 3Y*: 28.25%
• 5Y*: —
• 10Y*: —

SOL

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BITC vs. SOL - Yearly Performance Comparison

	2026 (YTD)
BITC Bitwise Bitcoin Strategy Optimum Roll ETF	0.30%
SOL ReneSola Ltd	0.00%

Return for Risk

BITC vs. SOL — Risk / Return Rank

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

BITC

BITC Risk / Return Rank: 4
BITC Sharpe Ratio Rank: 4
BITC Sortino Ratio Rank: 4
BITC Omega Ratio Rank: 3
BITC Calmar Ratio Rank: 4
BITC Martin Ratio Rank: 5

SOL

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

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.

BITC vs. SOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) and ReneSola Ltd (SOL). 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	SOL	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	—	—
Sortino ratio: Return per unit of downside risk	-0.85	—	—
Omega ratio: Gain probability vs. loss probability	0.87	—	—
Calmar ratio: Return relative to maximum drawdown	-0.65	—	—
Martin ratio: Return relative to average drawdown	-0.91	—	—

Drawdowns

BITC vs. SOL - Drawdown Comparison

The maximum BITC drawdown since its inception was -38.51%, which is greater than SOL's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BITC and SOL.

Drawdown Indicators

	BITC	SOL	Difference
Max Drawdown Largest peak-to-trough decline	-38.51%	0.00%	-38.51%
Max Drawdown (1Y) Largest decline over 1 year	-26.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-38.51%	—	—
Current Drawdown Current decline from peak	-31.62%	0.00%	-31.62%
Average Drawdown Average peak-to-trough decline	-16.55%	0.00%	-16.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.08%	—	—

Volatility

Volatility by Period

	BITC	SOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.45%	0.00%	+25.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.30%	0.00%	+46.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.30%	0.00%	+46.30%

Dividends

BITC vs. SOL - Dividend Comparison

BITC's dividend yield for the trailing twelve months is around 3.38%, while SOL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BITC Bitwise Bitcoin Strategy Optimum Roll ETF	3.38%	3.36%	42.68%	5.82%
SOL ReneSola Ltd	0.00%	0.00%	0.00%	0.00%