BITC vs. WEEK

Last updated Jun 26, 2026

BITC (Bitwise Bitcoin Strategy Optimum Roll ETF) and WEEK (Roundhill Weekly T-Bill ETF) are both exchange-traded funds - BITC is a Cryptocurrency fund actively managed by Bitwise, while WEEK is a Ultrashort Bond fund actively managed by Roundhill. Both are actively managed. Over the past year, BITC returned -17.30% vs 3.71% for WEEK. At a correlation of -0.11, they often move in opposite directions. BITC charges 0.88%/yr vs 0.19%/yr for WEEK.

Performance

BITC vs. WEEK - Performance Comparison

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

Returns By Period

In the year-to-date period, BITC achieves a -0.51% return, which is significantly lower than WEEK's 1.63% return.

BITC

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

WEEK

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.63%
• 6M: 1.72%
• 1Y: 3.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BITC vs. WEEK - Yearly Performance Comparison

	2026 (YTD)	2025
BITC Bitwise Bitcoin Strategy Optimum Roll ETF	-0.51%	-15.29%
WEEK Roundhill Weekly T-Bill ETF	1.63%	3.37%

Correlation

The correlation between BITC and WEEK is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.13
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025	-0.11

Return for Risk

BITC vs. WEEK — 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

WEEK

WEEK Risk / Return Rank: 99
WEEK Sharpe Ratio Rank: 99
WEEK Sortino Ratio Rank: 99
WEEK Omega Ratio Rank: 99
WEEK Calmar Ratio Rank: 99
WEEK Martin Ratio Rank: 99

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. WEEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) and Roundhill Weekly T-Bill ETF (WEEK). 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	WEEK	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	8.76	-9.44
Sortino ratio: Return per unit of downside risk	-0.85	18.03	-18.87
Omega ratio: Gain probability vs. loss probability	0.87	4.25	-3.37
Calmar ratio: Return relative to maximum drawdown	-0.65	28.73	-29.38
Martin ratio: Return relative to average drawdown	-0.91	246.75	-247.66

BITC vs. WEEK - Sharpe Ratio Comparison

The current BITC Sharpe Ratio is -0.68, which is lower than the WEEK Sharpe Ratio of 8.76. The chart below compares the historical Sharpe Ratios of BITC and WEEK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BITC vs. WEEK - Drawdown Comparison

The maximum BITC drawdown since its inception was -38.51%, which is greater than WEEK's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for BITC and WEEK.

Drawdown Indicators

	BITC	WEEK	Difference
Max Drawdown Largest peak-to-trough decline	-38.51%	-0.13%	-38.38%
Max Drawdown (1Y) Largest decline over 1 year	-26.51%	-0.13%	-26.38%
Max Drawdown (3Y) Largest decline over 3 years	-38.51%	—	—
Current Drawdown Current decline from peak	-31.62%	-0.02%	-31.60%
Average Drawdown Average peak-to-trough decline	-16.55%	-0.01%	-16.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.08%	0.02%	+19.06%

Volatility

BITC vs. WEEK - Volatility Comparison

Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) has a higher volatility of 5.29% compared to Roundhill Weekly T-Bill ETF (WEEK) at 0.13%. This indicates that BITC's price experiences larger fluctuations and is considered to be riskier than WEEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BITC	WEEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	0.13%	+5.16%
Volatility (6M) Calculated over the trailing 6-month period	19.46%	0.26%	+19.20%
Volatility (1Y) Calculated over the trailing 1-year period	25.45%	0.43%	+25.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.30%	0.39%	+45.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.30%	0.39%	+45.91%

BITC vs. WEEK - Expense Ratio Comparison

BITC has a 0.88% expense ratio, which is higher than WEEK's 0.19% expense ratio.

Dividends

BITC vs. WEEK - Dividend Comparison

BITC's dividend yield for the trailing twelve months is around 3.38%, less than WEEK's 3.69% yield.

Position	TTM	2025	2024	2023
BITC Bitwise Bitcoin Strategy Optimum Roll ETF	3.38%	3.36%	42.68%	5.82%
WEEK Roundhill Weekly T-Bill ETF	3.69%	3.27%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BITC and WEEK in my portfolio?

BITC and WEEK have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BITC or WEEK?

BITC has higher volatility (5.29%) compared to WEEK (0.13%). In terms of maximum drawdown, BITC dropped -38.51% vs WEEK's -0.13%.

Which ETF is better, BITC or WEEK?

On 1-year performance, WEEK leads with 3.71% vs -17.30% for BITC. On fees, WEEK is cheaper at 0.19% per year. On volatility, WEEK has been the lower-risk option at 0.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BITC or WEEK?

Over the 1-year period, WEEK has performed better with a 3.71% return vs -17.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BITC or WEEK?

WEEK is cheaper with a 0.19% expense ratio, compared with 0.88% for BITC.

Which ETF pays a higher dividend yield, BITC or WEEK?

WEEK has the higher dividend yield at 3.69%, compared with 3.38% for BITC.

What is the main difference between BITC and WEEK?

BITC is categorized as Cryptocurrency, while WEEK is Ultrashort Bond. They also come from different issuers: Bitwise and Roundhill. Their fees differ too: 0.88% for BITC and 0.19% for WEEK.

Which has better risk-adjusted returns?

WEEK currently has the higher Sharpe Ratio (8.76 vs -0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.