PortfoliosLab logo
BITQ vs. BITW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BITQ and BITW is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

BITQ vs. BITW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Crypto Industry Innovators ETF (BITQ) and Bitwise 10 Crypto Index Fund (BITW). The values are adjusted to include any dividend payments, if applicable.

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-26.01%
-20.66%
BITQ
BITW

Key characteristics

Sharpe Ratio

BITQ:

0.31

BITW:

1.10

Sortino Ratio

BITQ:

0.95

BITW:

1.79

Omega Ratio

BITQ:

1.11

BITW:

1.21

Calmar Ratio

BITQ:

0.31

BITW:

0.78

Martin Ratio

BITQ:

0.97

BITW:

3.69

Ulcer Index

BITQ:

21.66%

BITW:

17.19%

Daily Std Dev

BITQ:

67.63%

BITW:

57.43%

Max Drawdown

BITQ:

-90.32%

BITW:

-96.46%

Current Drawdown

BITQ:

-56.60%

BITW:

-59.93%

Returns By Period

In the year-to-date period, BITQ achieves a -16.70% return, which is significantly lower than BITW's -7.71% return.


BITQ

YTD

-16.70%

1M

3.15%

6M

-6.89%

1Y

24.58%

5Y*

N/A

10Y*

N/A

BITW

YTD

-7.71%

1M

5.50%

6M

54.51%

1Y

65.82%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

BITQ vs. BITW — Risk-Adjusted Performance Rank

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

BITQ
The Risk-Adjusted Performance Rank of BITQ is 4949
Overall Rank
The Sharpe Ratio Rank of BITQ is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of BITQ is 6363
Sortino Ratio Rank
The Omega Ratio Rank of BITQ is 5454
Omega Ratio Rank
The Calmar Ratio Rank of BITQ is 4646
Calmar Ratio Rank
The Martin Ratio Rank of BITQ is 4040
Martin Ratio Rank

BITW
The Risk-Adjusted Performance Rank of BITW is 8282
Overall Rank
The Sharpe Ratio Rank of BITW is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of BITW is 8383
Sortino Ratio Rank
The Omega Ratio Rank of BITW is 7878
Omega Ratio Rank
The Calmar Ratio Rank of BITW is 8080
Calmar Ratio Rank
The Martin Ratio Rank of BITW is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BITQ vs. BITW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and Bitwise 10 Crypto Index Fund (BITW). 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.


The chart of Sharpe ratio for BITQ, currently valued at 0.31, compared to the broader market-1.000.001.002.003.004.00
BITQ: 0.31
BITW: 1.10
The chart of Sortino ratio for BITQ, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.00
BITQ: 0.95
BITW: 1.79
The chart of Omega ratio for BITQ, currently valued at 1.11, compared to the broader market0.501.001.502.002.50
BITQ: 1.11
BITW: 1.21
The chart of Calmar ratio for BITQ, currently valued at 0.31, compared to the broader market0.002.004.006.008.0010.0012.00
BITQ: 0.31
BITW: 1.01
The chart of Martin ratio for BITQ, currently valued at 0.97, compared to the broader market0.0020.0040.0060.00
BITQ: 0.97
BITW: 3.69

The current BITQ Sharpe Ratio is 0.31, which is lower than the BITW Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of BITQ and BITW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00NovemberDecember2025FebruaryMarchApril
0.31
1.10
BITQ
BITW

Dividends

BITQ vs. BITW - Dividend Comparison

BITQ's dividend yield for the trailing twelve months is around 1.08%, while BITW has not paid dividends to shareholders.


TTM2024202320222021
BITQ
Bitwise Crypto Industry Innovators ETF
1.08%0.90%1.51%0.00%3.12%
BITW
Bitwise 10 Crypto Index Fund
0.00%0.00%0.00%0.00%0.00%

Drawdowns

BITQ vs. BITW - Drawdown Comparison

The maximum BITQ drawdown since its inception was -90.32%, smaller than the maximum BITW drawdown of -96.46%. Use the drawdown chart below to compare losses from any high point for BITQ and BITW. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-56.60%
-22.48%
BITQ
BITW

Volatility

BITQ vs. BITW - Volatility Comparison

Bitwise Crypto Industry Innovators ETF (BITQ) has a higher volatility of 24.01% compared to Bitwise 10 Crypto Index Fund (BITW) at 18.83%. This indicates that BITQ's price experiences larger fluctuations and is considered to be riskier than BITW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
24.01%
18.83%
BITQ
BITW