BITK vs. CORD

Last updated Aug 1, 2026

BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) and CORD (T-Rex 2X Inverse CRWV Daily Target ETF) are both exchange-traded funds - BITK is a Derivative Income fund actively managed by Tuttle, while CORD is a Inverse Equities fund actively managed by Tuttle. Both are actively managed. Their -0.33 correlation means they have often moved in opposite directions in the past. BITK charges 0.99%/yr vs 1.50%/yr for CORD.

Performance

BITK vs. CORD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and T-Rex 2X Inverse CRWV Daily Target ETF (CORD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BITK achieves a -30.37% return, which is significantly higher than CORD's -82.21% return.

BITK

• 1D: 0.00%
• 1M: 3.70%
• 6M: -25.97%
• YTD: -30.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

CORD

• 1D: 5.99%
• 1M: -7.45%
• 6M: -62.72%
• YTD: -82.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	$0.00	$4.50K	$39.97K
CORD T-Rex 2X Inverse CRWV Daily Target ETF	$34.09M	$27.61M	$27.00M

BITK vs. CORD - Yearly Performance Comparison

	2026 (YTD)	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-30.37%	-24.47%
CORD T-Rex 2X Inverse CRWV Daily Target ETF	-82.21%	53.14%

Correlation

The correlation between BITK and CORD is -0.33, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	-0.33

Return for Risk

BITK vs. CORD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and T-Rex 2X Inverse CRWV Daily Target ETF (CORD). 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.

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

Drawdowns

BITK vs. CORD - Drawdown Comparison

The maximum BITK drawdown since its inception was -57.48%, smaller than the maximum CORD drawdown of -93.69%. Use the drawdown chart below to compare losses from any high point for BITK and CORD.

Drawdown Indicators

	BITK	CORD	Difference
Max Drawdown Largest peak-to-trough decline	-57.48%	-93.69%	+36.21%
Current Drawdown Current decline from peak	-53.75%	-88.40%	+34.65%
Average Drawdown Average peak-to-trough decline	-38.35%	-62.23%	+23.88%

Volatility

Volatility by Period

	BITK	CORD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	46.91%	190.03%	-143.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.91%	190.03%	-143.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.91%	190.03%	-143.12%

BITK vs. CORD - Expense Ratio Comparison

BITK has a 0.99% expense ratio, which is lower than CORD's 1.50% expense ratio.

Dividends

BITK vs. CORD - Dividend Comparison

BITK's dividend yield for the trailing twelve months is around 49.49%, while CORD has not paid dividends to shareholders.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	49.49%	23.15%
CORD T-Rex 2X Inverse CRWV Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BITK and CORD in my portfolio?

BITK and CORD have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BITK or CORD?

On fees, BITK is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BITK or CORD?

BITK is cheaper with a 0.99% expense ratio, compared with 1.50% for CORD.

Which ETF pays a higher dividend yield, BITK or CORD?

BITK has the higher dividend yield at 49.49%, compared with 0.00% for CORD.

What is the main difference between BITK and CORD?

BITK is categorized as Derivative Income, while CORD is Inverse Equities. Their fees differ too: 0.99% for BITK and 1.50% for CORD.