BITK vs. SBTU

Last updated Jun 24, 2026

BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) and SBTU (T-Rex 2X Long SBET Daily Target ETF) are both exchange-traded funds - BITK is a Derivative Income fund actively managed by Tuttle Capital Management, while SBTU is a Leveraged Equities fund actively managed by Tuttle Capital Management. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. BITK charges 0.99%/yr vs 1.50%/yr for SBTU.

Performance

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

Returns By Period

In the year-to-date period, BITK achieves a -32.04% return, which is significantly higher than SBTU's -78.65% return.

BITK

• 1D: -3.11%
• 1M: -18.15%
• YTD: -32.04%
• 6M: -32.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SBTU

• 1D: -12.70%
• 1M: -39.34%
• YTD: -78.65%
• 6M: -80.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BITK vs. SBTU - Yearly Performance Comparison

	2026 (YTD)	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-32.04%	-24.96%
SBTU T-Rex 2X Long SBET Daily Target ETF	-78.65%	-67.09%

Correlation

The correlation between BITK and SBTU is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 21, 2025	0.82

Return for Risk

BITK vs. SBTU - 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 SBET Daily Target ETF (SBTU). 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. SBTU - Drawdown Comparison

The maximum BITK drawdown since its inception was -56.28%, smaller than the maximum SBTU drawdown of -93.04%. Use the drawdown chart below to compare losses from any high point for BITK and SBTU.

Drawdown Indicators

	BITK	SBTU	Difference
Max Drawdown Largest peak-to-trough decline	-56.28%	-93.04%	+36.76%
Current Drawdown Current decline from peak	-54.86%	-93.04%	+38.18%
Average Drawdown Average peak-to-trough decline	-36.01%	-69.92%	+33.91%

Volatility

Volatility by Period

	BITK	SBTU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.31%	160.40%	-111.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.31%	160.40%	-111.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.31%	160.40%	-111.09%

BITK vs. SBTU - Expense Ratio Comparison

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

Dividends

BITK vs. SBTU - Dividend Comparison

BITK's dividend yield for the trailing twelve months is around 48.83%, while SBTU has not paid dividends to shareholders.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	48.83%	23.15%
SBTU T-Rex 2X Long SBET Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BITK and SBTU in my portfolio?

BITK and SBTU have a correlation of 0.82, 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 SBTU?

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 SBTU?

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

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

BITK has the higher dividend yield at 48.83%, compared with 0.00% for SBTU.

What is the main difference between BITK and SBTU?

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