BITK vs. KTUP

Last updated Jun 23, 2026

BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) and KTUP (T-Rex 2X Long KTOS Daily Target ETF) are both exchange-traded funds - BITK is a Derivative Income fund actively managed by Tuttle Capital Management, while KTUP is a Leveraged Equities fund actively managed by Tuttle Capital Management. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. BITK charges 0.99%/yr vs 1.50%/yr for KTUP.

Performance

BITK vs. KTUP - 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 Long KTOS Daily Target ETF (KTUP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BITK achieves a -29.86% return, which is significantly higher than KTUP's -70.20% return.

BITK

• 1D: 2.34%
• 1M: -15.53%
• YTD: -29.86%
• 6M: -30.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KTUP

• 1D: -11.67%
• 1M: -22.89%
• YTD: -70.20%
• 6M: -74.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BITK vs. KTUP - Yearly Performance Comparison

	2026 (YTD)	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-29.86%	-27.15%
KTUP T-Rex 2X Long KTOS Daily Target ETF	-70.20%	-31.77%

Correlation

The correlation between BITK and KTUP is 0.39, 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 Sep 24, 2025	0.39

Return for Risk

BITK vs. KTUP - 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 Long KTOS Daily Target ETF (KTUP). 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. KTUP - Drawdown Comparison

The maximum BITK drawdown since its inception was -56.28%, smaller than the maximum KTUP drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for BITK and KTUP.

Drawdown Indicators

	BITK	KTUP	Difference
Max Drawdown Largest peak-to-trough decline	-56.28%	-89.45%	+33.17%
Current Drawdown Current decline from peak	-53.41%	-89.45%	+36.04%
Average Drawdown Average peak-to-trough decline	-35.91%	-52.99%	+17.08%

Volatility

Volatility by Period

	BITK	KTUP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.33%	153.20%	-103.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.33%	153.20%	-103.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.33%	153.20%	-103.87%

BITK vs. KTUP - Expense Ratio Comparison

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

Dividends

BITK vs. KTUP - Dividend Comparison

BITK's dividend yield for the trailing twelve months is around 47.31%, more than KTUP's 7.14% yield.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	47.31%	23.15%
KTUP T-Rex 2X Long KTOS Daily Target ETF	7.14%	2.13%

Frequently Asked Questions

Can I hold both BITK and KTUP in my portfolio?

BITK and KTUP have a correlation of 0.39, 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 KTUP?

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 KTUP?

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

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

BITK has the higher dividend yield at 47.31%, compared with 7.14% for KTUP.

What is the main difference between BITK and KTUP?

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