BITS vs. SIL
Compare and contrast key facts about Global X Blockchain & Bitcoin Strategy ETF (BITS) and Global X Silver Miners ETF (SIL).
BITS and SIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BITS is a passively managed fund by Global X that tracks the performance of the NONE. It was launched on Nov 15, 2021. SIL is a passively managed fund by Global X that tracks the performance of the Solactive Global Silver Miners Total Return Index. It was launched on Apr 19, 2010. Both BITS and SIL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BITS vs. SIL - Performance Comparison
Loading graphics...
BITS vs. SIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BITS Global X Blockchain & Bitcoin Strategy ETF | -17.84% | 14.90% | 61.84% | 212.23% | -75.46% | -29.31% |
SIL Global X Silver Miners ETF | 7.85% | 166.16% | 14.62% | 1.31% | -22.83% | -9.75% |
Returns By Period
In the year-to-date period, BITS achieves a -17.84% return, which is significantly lower than SIL's 7.85% return.
BITS
- 1D
- 4.79%
- 1M
- -4.40%
- YTD
- -17.84%
- 6M
- -35.16%
- 1Y
- 24.71%
- 3Y*
- 40.54%
- 5Y*
- —
- 10Y*
- —
SIL
- 1D
- 7.82%
- 1M
- -23.68%
- YTD
- 7.85%
- 6M
- 27.11%
- 1Y
- 131.18%
- 3Y*
- 45.13%
- 5Y*
- 18.33%
- 10Y*
- 14.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BITS vs. SIL - Expense Ratio Comparison
Both BITS and SIL have an expense ratio of 0.65%.
Return for Risk
BITS vs. SIL — Risk / Return Rank
BITS
SIL
BITS vs. SIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain & Bitcoin Strategy ETF (BITS) and Global X Silver Miners ETF (SIL). 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.
| BITS | SIL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.46 | 2.65 | -2.20 |
Sortino ratioReturn per unit of downside risk | 0.99 | 2.73 | -1.75 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.40 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 0.44 | 3.98 | -3.54 |
Martin ratioReturn relative to average drawdown | 0.97 | 13.73 | -12.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BITS | SIL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 2.65 | -2.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.48 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.14 | -0.21 |
Correlation
The correlation between BITS and SIL is 0.28, 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.
Dividends
BITS vs. SIL - Dividend Comparison
BITS's dividend yield for the trailing twelve months is around 27.75%, more than SIL's 1.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITS Global X Blockchain & Bitcoin Strategy ETF | 27.75% | 22.80% | 29.49% | 13.69% | 0.48% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIL Global X Silver Miners ETF | 1.10% | 1.18% | 2.40% | 0.59% | 0.48% | 1.59% | 1.92% | 1.53% | 1.21% | 0.02% | 3.34% | 0.38% |
Drawdowns
BITS vs. SIL - Drawdown Comparison
The maximum BITS drawdown since its inception was -83.11%, roughly equal to the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for BITS and SIL.
Loading graphics...
Drawdown Indicators
| BITS | SIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.11% | -82.99% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -48.38% | -32.91% | -15.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -55.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.04% | — |
Current DrawdownCurrent decline from peak | -45.91% | -23.68% | -22.23% |
Average DrawdownAverage peak-to-trough decline | -43.20% | -51.79% | +8.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.91% | 9.53% | +12.38% |
Volatility
BITS vs. SIL - Volatility Comparison
The current volatility for Global X Blockchain & Bitcoin Strategy ETF (BITS) is 17.70%, while Global X Silver Miners ETF (SIL) has a volatility of 19.45%. This indicates that BITS experiences smaller price fluctuations and is considered to be less risky than SIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BITS | SIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.70% | 19.45% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 43.68% | 42.52% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.59% | 49.72% | +4.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.52% | 38.63% | +22.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.52% | 39.74% | +21.78% |