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BITC vs. SOL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

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.

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Returns By Period


BITC

1D
-0.00%
1M
-4.31%
YTD
6.98%
6M
-1.22%
1Y
-15.09%
3Y*
36.02%
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


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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: 44
Overall Rank
BITC Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BITC Sortino Ratio Rank: 44
Sortino Ratio Rank
BITC Omega Ratio Rank: 33
Omega Ratio Rank
BITC Calmar Ratio Rank: 44
Calmar Ratio Rank
BITC Martin Ratio Rank: 55
Martin Ratio Rank

SOL
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.


BITCSOLDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.90

Calmar ratioReturn relative to maximum drawdown

-0.57

Martin ratioReturn relative to average drawdown

-0.82

BITC vs. SOL - Sharpe Ratio Comparison


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Sharpe Ratios by Period


BITCSOLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.59

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

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.


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Drawdown Indicators


BITCSOLDifference

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

-26.48%

0.00%

-26.48%

Average Drawdown

Average peak-to-trough decline

-16.37%

0.00%

-16.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.37%

Volatility

BITC vs. SOL - Volatility Comparison


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Volatility by Period


BITCSOLDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.39%

Volatility (6M)

Calculated over the trailing 6-month period

19.98%

Volatility (1Y)

Calculated over the trailing 1-year period

25.54%

0.00%

+25.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46.65%

0.00%

+46.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

46.65%

0.00%

+46.65%

Dividends

BITC vs. SOL - Dividend Comparison

BITC's dividend yield for the trailing twelve months is around 3.14%, while SOL has not paid dividends to shareholders.


PositionTTM202520242023
BITC
Bitwise Bitcoin Strategy Optimum Roll ETF
3.14%3.36%42.68%5.82%
SOL
ReneSola Ltd
0.00%0.00%0.00%0.00%
Portfolio Optimizer

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