BITQ vs. BAMU

Last updated Jun 24, 2026

BITQ (Bitwise Crypto Industry Innovators ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - BITQ is a Blockchain fund tracking the Bitwise Crypto Innovators 30 Index, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. BITQ is passively managed, while BAMU is actively managed. Over the past year, BITQ returned 49.39% vs 2.87% for BAMU. At a correlation of -0.01, they often move in opposite directions. BITQ charges 0.85%/yr vs 1.09%/yr for BAMU.

Performance

BITQ vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Crypto Industry Innovators ETF (BITQ) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BITQ achieves a 34.62% return, which is significantly higher than BAMU's 1.18% return.

BITQ

• 1D: -2.61%
• 1M: 0.04%
• YTD: 34.62%
• 6M: 25.61%
• 1Y: 49.39%
• 3Y*: 53.03%
• 5Y*: 4.41%
• 10Y*: —

BAMU

• 1D: 0.00%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.29%
• 1Y: 2.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BITQ vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BITQ Bitwise Crypto Industry Innovators ETF	34.62%	18.00%	46.97%	82.85%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	4.14%	1.20%

Correlation

The correlation between BITQ and BAMU is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (All Time) Calculated using the full available price history since Sep 27, 2023	-0.01

The correlation between BITQ and BAMU shifts across timeframes, from -0.18 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BITQ vs. BAMU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BITQ

BITQ Risk / Return Rank: 25
BITQ Sharpe Ratio Rank: 25
BITQ Sortino Ratio Rank: 28
BITQ Omega Ratio Rank: 25
BITQ Calmar Ratio Rank: 24
BITQ Martin Ratio Rank: 20

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BITQ vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

	BITQ	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	0.87	4.94	-4.07
Sortino ratio: Return per unit of downside risk	1.47	8.71	-7.25
Omega ratio: Gain probability vs. loss probability	1.17	2.41	-1.24
Calmar ratio: Return relative to maximum drawdown	1.10	24.37	-23.27
Martin ratio: Return relative to average drawdown	2.30	96.52	-94.22

BITQ vs. BAMU - Sharpe Ratio Comparison

The current BITQ Sharpe Ratio is 0.87, which is lower than the BAMU Sharpe Ratio of 4.94. The chart below compares the historical Sharpe Ratios of BITQ and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BITQ vs. BAMU - Drawdown Comparison

The maximum BITQ drawdown since its inception was -90.32%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for BITQ and BAMU.

Drawdown Indicators

	BITQ	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-90.32%	-0.36%	-89.96%
Max Drawdown (1Y) Largest decline over 1 year	-44.99%	-0.12%	-44.87%
Max Drawdown (3Y) Largest decline over 3 years	-51.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-90.32%	—	—
Current Drawdown Current decline from peak	-17.24%	0.00%	-17.24%
Average Drawdown Average peak-to-trough decline	-52.52%	-0.02%	-52.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.50%	0.03%	+21.47%

Volatility

BITQ vs. BAMU - Volatility Comparison

Bitwise Crypto Industry Innovators ETF (BITQ) has a higher volatility of 16.45% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that BITQ's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BITQ	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.45%	0.09%	+16.36%
Volatility (6M) Calculated over the trailing 6-month period	43.05%	0.39%	+42.66%
Volatility (1Y) Calculated over the trailing 1-year period	56.94%	0.58%	+56.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.32%	0.87%	+66.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.24%	0.87%	+66.37%

BITQ vs. BAMU - Expense Ratio Comparison

BITQ has a 0.85% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

BITQ vs. BAMU - Dividend Comparison

BITQ has not paid dividends to shareholders, while BAMU's dividend yield for the trailing twelve months is around 3.05%.

Position	TTM	2025	2024	2023	2022	2021
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%	0.00%	0.00%
BITQ Bitwise Crypto Industry Innovators ETF	0.00%	0.00%	0.90%	1.51%	0.00%	3.12%

Frequently Asked Questions

Can I hold both BITQ and BAMU in my portfolio?

BITQ and BAMU have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BITQ or BAMU?

BITQ has higher volatility (16.45%) compared to BAMU (0.09%). In terms of maximum drawdown, BITQ dropped -90.32% vs BAMU's -0.36%.

Which ETF is better, BITQ or BAMU?

On 1-year performance, BITQ leads with 49.39% vs 2.87% for BAMU. On fees, BITQ is cheaper at 0.85% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BITQ or BAMU?

Over the 1-year period, BITQ has performed better with a 49.39% return vs 2.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BITQ or BAMU?

BITQ is cheaper with a 0.85% expense ratio, compared with 1.09% for BAMU.

Which ETF pays a higher dividend yield, BITQ or BAMU?

BAMU has the higher dividend yield at 3.05%, compared with 0.00% for BITQ.

What is the main difference between BITQ and BAMU?

BITQ is categorized as Blockchain, while BAMU is Ultrashort Bond. They also come from different issuers: Bitwise and Brookstone. Their fees differ too: 0.85% for BITQ and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (4.94 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.