BITK vs. FIYY

Last updated Jul 11, 2026

BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. BITK charges 0.99%/yr vs 1.07%/yr for FIYY.

Performance

BITK vs. FIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BITK

• 1D: 0.94%
• 1M: 0.30%
• 6M: -32.49%
• YTD: -30.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIYY

• 1D: 0.13%
• 1M: -0.55%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BITK vs. FIYY - Yearly Performance Comparison

	2026 (YTD)
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-19.13%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-1.94%

Correlation

The correlation between BITK and FIYY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.21

Return for Risk

BITK vs. FIYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). 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. FIYY - Drawdown Comparison

The maximum BITK drawdown since its inception was -57.48%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for BITK and FIYY.

Drawdown Indicators

	BITK	FIYY	Difference
Max Drawdown Largest peak-to-trough decline	-57.48%	-2.51%	-54.97%
Current Drawdown Current decline from peak	-53.75%	-2.07%	-51.68%
Average Drawdown Average peak-to-trough decline	-37.19%	-1.46%	-35.73%

Volatility

Volatility by Period

	BITK	FIYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	48.64%	5.14%	+43.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.64%	5.14%	+43.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.64%	5.14%	+43.50%

BITK vs. FIYY - Expense Ratio Comparison

BITK has a 0.99% expense ratio, which is lower than FIYY's 1.07% expense ratio.

Dividends

BITK vs. FIYY - Dividend Comparison

BITK's dividend yield for the trailing twelve months is around 49.49%, more than FIYY's 1.13% yield.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	49.49%	23.15%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.13%	0.00%

Frequently Asked Questions

Can I hold both BITK and FIYY in my portfolio?

BITK and FIYY have a correlation of 0.21, 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 FIYY?

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 FIYY?

BITK is cheaper with a 0.99% expense ratio, compared with 1.07% for FIYY.

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

BITK has the higher dividend yield at 49.49%, compared with 1.13% for FIYY.

What is the main difference between BITK and FIYY?

They also come from different issuers: Tuttle Capital Management and GraniteShares. Their fees differ too: 0.99% for BITK and 1.07% for FIYY.