PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BITQ vs. XBTF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BITQ vs. XBTF - Performance Comparison

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

-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
59.12%
0
BITQ
XBTF

Returns By Period


BITQ

YTD

69.97%

1M

24.68%

6M

67.52%

1Y

160.22%

5Y (annualized)

N/A

10Y (annualized)

N/A

XBTF

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


BITQXBTF

Compare stocks, funds, or ETFs

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


BITQ vs. XBTF - Expense Ratio Comparison

BITQ has a 0.85% expense ratio, which is higher than XBTF's 0.65% expense ratio.


BITQ
Bitwise Crypto Industry Innovators ETF
Expense ratio chart for BITQ: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for XBTF: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Correlation

-0.50.00.51.00.6

The correlation between BITQ and XBTF is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

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.


Sharpe ratio
The chart of Sharpe ratio for BITQ, currently valued at 2.36, compared to the broader market0.002.004.002.360.59
The chart of Sortino ratio for BITQ, currently valued at 2.92, compared to the broader market-2.000.002.004.006.008.0010.0012.002.921.00
The chart of Omega ratio for BITQ, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.27
The chart of Calmar ratio for BITQ, currently valued at 2.17, compared to the broader market0.005.0010.0015.002.170.23
The chart of Martin ratio for BITQ, currently valued at 9.45, compared to the broader market0.0020.0040.0060.0080.00100.009.451.50
BITQ
XBTF

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.36
0.59
BITQ
XBTF

Dividends

BITQ vs. XBTF - Dividend Comparison

BITQ's dividend yield for the trailing twelve months is around 0.89%, while XBTF has not paid dividends to shareholders.


TTM202320222021
BITQ
Bitwise Crypto Industry Innovators ETF
0.89%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


-70.00%-60.00%-50.00%-40.00%-30.00%JuneJulyAugustSeptemberOctoberNovember
-37.72%
-38.45%
BITQ
XBTF

Volatility

BITQ vs. XBTF - Volatility Comparison

Bitwise Crypto Industry Innovators ETF (BITQ) has a higher volatility of 28.18% 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.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
28.18%
0
BITQ
XBTF