BITQ vs. XBTF
Compare and contrast key facts about Bitwise Crypto Industry Innovators ETF (BITQ) and VanEck Bitcoin Strategy ETF (XBTF).
BITQ and XBTF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BITQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Bitwise Crypto Innovators 30 Total Return. It was launched on May 11, 2021. XBTF is an actively managed fund by VanEck. It was launched on Nov 15, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITQ or XBTF.
Key characteristics
| BITQ | XBTF |
|---|
Correlation
The correlation between BITQ and XBTF is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BITQ vs. XBTF - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BITQ vs. XBTF - Expense Ratio Comparison
BITQ has a 0.85% expense ratio, which is higher than XBTF's 0.65% expense ratio.
Risk-Adjusted Performance
BITQ vs. XBTF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and VanEck Bitcoin Strategy ETF (XBTF). 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.
Dividends
BITQ vs. XBTF - Dividend Comparison
BITQ's dividend yield for the trailing twelve months is around 1.60%, while XBTF has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BITQ Bitwise Crypto Industry Innovators ETF | 1.60% | 1.51% | 0.00% | 3.12% |
XBTF VanEck Bitcoin Strategy ETF | 101.35% | 0.18% | 0.00% | 0.00% |
Drawdowns
BITQ vs. XBTF - Drawdown Comparison
Volatility
BITQ vs. XBTF - Volatility Comparison
Bitwise Crypto Industry Innovators ETF (BITQ) has a higher volatility of 17.19% compared to VanEck Bitcoin Strategy ETF (XBTF) at 0.00%. This indicates that BITQ's price experiences larger fluctuations and is considered to be riskier than XBTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.