BITK vs. HYTI
BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) and HYTI (FT Vest High Yield & Target Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.37 correlation means their historical movements had little consistent relationship. BITK charges 0.99%/yr vs 0.65%/yr for HYTI.
Performance
BITK vs. HYTI - Performance Comparison
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Returns By Period
In the year-to-date period, BITK achieves a -30.37% return, which is significantly lower than HYTI's 1.94% return.
BITK
- 1D
- 0.00%
- 1M
- 3.70%
- 6M
- -25.97%
- YTD
- -30.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HYTI
- 1D
- -0.14%
- 1M
- -0.35%
- 6M
- 1.16%
- YTD
- 1.94%
- 1Y
- 5.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $4.50K | $39.97K | |
| $323.62K | $420.33K | $549.23K |
BITK vs. HYTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF | -30.37% | -27.15% |
HYTI FT Vest High Yield & Target Income ETF | 1.94% | 1.48% |
Correlation
The correlation between BITK and HYTI is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025 | 0.37 |
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Return for Risk
BITK vs. HYTI — Risk / Return Rank
BITK
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYTI
BITK vs. HYTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and FT Vest High Yield & Target Income ETF (HYTI). 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.
| BITK | HYTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.30 | — |
| Martin ratioReturn relative to average drawdown | — | 9.67 | — |
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Drawdowns
BITK vs. HYTI - Drawdown Comparison
The maximum BITK drawdown since its inception was -57.48%, which is greater than HYTI's maximum drawdown of -4.47%. Use the drawdown chart below to compare losses from any high point for BITK and HYTI.
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Drawdown Indicators
| BITK | HYTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.48% | -4.47% | -53.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.38% | — |
Current DrawdownCurrent decline from peak | -53.75% | -0.51% | -53.24% |
Average DrawdownAverage peak-to-trough decline | -38.35% | -0.45% | -37.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.57% | — |
Volatility
BITK vs. HYTI - Volatility Comparison
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Volatility by Period
| BITK | HYTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.88% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.25% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 46.91% | 3.81% | +43.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.91% | 5.06% | +41.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.91% | 5.06% | +41.85% |
BITK vs. HYTI - Expense Ratio Comparison
BITK has a 0.99% expense ratio, which is higher than HYTI's 0.65% expense ratio.
Dividends
BITK vs. HYTI - Dividend Comparison
BITK's dividend yield for the trailing twelve months is around 49.49%, more than HYTI's 10.46% yield.
| Position | TTM | 2025 |
|---|---|---|
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF | 49.49% | 23.15% |
HYTI FT Vest High Yield & Target Income ETF | 9.57% | 8.10% |
Frequently Asked Questions
BITK and HYTI have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYTI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYTI is cheaper with a 0.65% expense ratio, compared with 0.99% for BITK.
BITK has the higher dividend yield at 49.49%, compared with 9.57% for HYTI.
They also come from different issuers: Tuttle and FT Vest. Their fees differ too: 0.99% for BITK and 0.65% for HYTI.
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