BITS vs. VNQ
BITS (Global X Blockchain & Bitcoin Strategy ETF) and VNQ (Vanguard Real Estate ETF) are both exchange-traded funds - BITS is a Cryptocurrency fund tracking the NONE, while VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index. Both are passively managed. Over the past 3 years, BITS returned 35.22%/yr vs 10.29%/yr for VNQ. Their 0.32 correlation means their historical movements had little consistent relationship. BITS charges 0.65%/yr vs 0.13%/yr for VNQ.
Performance
BITS vs. VNQ - Performance Comparison
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Returns By Period
In the year-to-date period, BITS achieves a -8.44% return, which is significantly lower than VNQ's 13.98% return.
BITS
- 1D
- 0.45%
- 1M
- 2.51%
- 6M
- -7.13%
- YTD
- -8.44%
- 1Y
- -9.04%
- 3Y*
- 35.22%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -1.60%
VNQ
- 1D
- -0.15%
- 1M
- 0.92%
- 6M
- 12.49%
- YTD
- 13.98%
- 1Y
- 14.38%
- 3Y*
- 10.29%
- 5Y*
- 2.28%
- 10Y*
- 4.99%
- ALL TIME*
- 7.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $77.55K | $85.41K | $153.86K | |
| $309.02M | $309.06M | $316.43M |
BITS vs. VNQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BITS Global X Blockchain & Bitcoin Strategy ETF | -8.44% | 14.90% | 61.84% | 212.23% | -75.46% | -28.96% |
VNQ Vanguard Real Estate ETF | 13.98% | 3.24% | 4.81% | 11.85% | -26.25% | 6.03% |
Correlation
The correlation between BITS and VNQ is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021 | 0.32 |
Over the past year, the correlation between BITS and VNQ has dropped to 0.10 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
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Return for Risk
BITS vs. VNQ — Risk / Return Rank
BITS
VNQ
BITS vs. VNQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain & Bitcoin Strategy ETF (BITS) and Vanguard Real Estate ETF (VNQ). 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.
| BITS | VNQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.19 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 1.73 | -1.92 |
| Martin ratioReturn relative to average drawdown | -0.30 | 5.60 | -5.90 |
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Drawdowns
BITS vs. VNQ - Drawdown Comparison
The maximum BITS drawdown since its inception was -83.11%, which is greater than VNQ's maximum drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for BITS and VNQ.
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Drawdown Indicators
| BITS | VNQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.11% | -73.07% | -10.04% |
Max Drawdown (1Y)Largest decline over 1 year | -48.38% | -8.34% | -40.04% |
Max Drawdown (3Y)Largest decline over 3 years | -48.38% | -17.46% | -30.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.40% | — |
Current DrawdownCurrent decline from peak | -39.72% | -2.01% | -37.71% |
Average DrawdownAverage peak-to-trough decline | -42.56% | -13.53% | -29.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.96% | 2.57% | +27.39% |
Volatility
BITS vs. VNQ - Volatility Comparison
Global X Blockchain & Bitcoin Strategy ETF (BITS) has a higher volatility of 14.43% compared to Vanguard Real Estate ETF (VNQ) at 4.19%. This indicates that BITS's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BITS | VNQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.43% | 4.19% | +10.24% |
Volatility (6M)Calculated over the trailing 6-month period | 40.40% | 10.64% | +29.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.08% | 13.78% | +40.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.58% | 18.90% | +41.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.58% | 20.76% | +39.82% |
BITS vs. VNQ - Expense Ratio Comparison
BITS has a 0.65% expense ratio, which is higher than VNQ's 0.13% expense ratio.
Dividends
BITS vs. VNQ - Dividend Comparison
BITS's dividend yield for the trailing twelve months is around 24.85%, more than VNQ's 3.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITS Global X Blockchain & Bitcoin Strategy ETF | 24.85% | 22.80% | 29.49% | 13.69% | 0.48% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VNQ Vanguard Real Estate ETF | 3.51% | 3.92% | 3.85% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% |
Frequently Asked Questions
BITS and VNQ have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITS has higher volatility (14.43%) compared to VNQ (4.19%). In terms of maximum drawdown, BITS dropped -83.11% vs VNQ's -73.07%.
On 3-year performance, BITS leads with 35.22% vs 10.29% for VNQ. On fees, VNQ is cheaper at 0.13% per year. On volatility, VNQ has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, BITS has performed better with a 35.22% return vs 10.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VNQ is cheaper with a 0.13% expense ratio, compared with 0.65% for BITS.
BITS has the higher dividend yield at 24.85%, compared with 3.51% for VNQ.
BITS is categorized as Cryptocurrency, while VNQ is REIT. BITS tracks NONE, while VNQ tracks MSCI US Investable Market Real Estate 25/50 Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.65% for BITS and 0.13% for VNQ.
VNQ currently has the higher Sharpe Ratio (1.05 vs -0.17), 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.
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