BITW vs. BCTK

Last updated Jun 23, 2026

BITW (Bitwise 10 Crypto Index ETF) and BCTK (Baron Technology ETF) are both exchange-traded funds - BITW is a Cryptocurrency fund tracking the Bitwise 10 Large Cap Crypto Index, while BCTK is a Technology Equities fund actively managed by Baron Capital. BITW is passively managed, while BCTK is actively managed. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

BITW vs. BCTK - Performance Comparison

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

Returns By Period

In the year-to-date period, BITW achieves a -30.09% return, which is significantly lower than BCTK's 25.84% return.

BITW

• 1D: 1.83%
• 1M: -15.18%
• YTD: -30.09%
• 6M: -31.04%
• 1Y: -33.61%
• 3Y*: 53.76%
• 5Y*: 3.43%
• 10Y*: —

BCTK

• 1D: -1.16%
• 1M: 6.21%
• YTD: 25.84%
• 6M: 23.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BITW vs. BCTK - Yearly Performance Comparison

	2026 (YTD)	2025
BITW Bitwise 10 Crypto Index ETF	-30.09%	-3.96%
BCTK Baron Technology ETF	25.84%	0.84%

Correlation

The correlation between BITW and BCTK is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.53

Return for Risk

BITW vs. BCTK — Risk / Return Rank

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

BITW

BITW Risk / Return Rank: 4
BITW Sharpe Ratio Rank: 4
BITW Sortino Ratio Rank: 4
BITW Omega Ratio Rank: 4
BITW Calmar Ratio Rank: 4
BITW Martin Ratio Rank: 4

BCTK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BITW vs. BCTK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise 10 Crypto Index ETF (BITW) and Baron Technology ETF (BCTK). 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.

	BITW	BCTK	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	—	—
Sortino ratio: Return per unit of downside risk	-0.80	—	—
Omega ratio: Gain probability vs. loss probability	0.91	—	—
Calmar ratio: Return relative to maximum drawdown	-0.61	—	—
Martin ratio: Return relative to average drawdown	-1.04	—	—

Drawdowns

BITW vs. BCTK - Drawdown Comparison

The maximum BITW drawdown since its inception was -96.46%, which is greater than BCTK's maximum drawdown of -13.96%. Use the drawdown chart below to compare losses from any high point for BITW and BCTK.

Drawdown Indicators

	BITW	BCTK	Difference
Max Drawdown Largest peak-to-trough decline	-96.46%	-13.96%	-82.50%
Max Drawdown (1Y) Largest decline over 1 year	-55.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-55.51%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-91.93%	—	—
Current Drawdown Current decline from peak	-70.45%	-2.02%	-68.43%
Average Drawdown Average peak-to-trough decline	-69.56%	-3.16%	-66.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.38%	—	—

Volatility

Volatility by Period

	BITW	BCTK	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	37.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	49.88%	29.67%	+20.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.58%	29.67%	+35.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	108.37%	29.67%	+78.70%

BITW vs. BCTK - Expense Ratio Comparison

Both BITW and BCTK have an expense ratio of 0.75%.

Dividends

BITW vs. BCTK - Dividend Comparison

Neither BITW nor BCTK has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BITW and BCTK in my portfolio?

BITW and BCTK have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BITW or BCTK?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BITW or BCTK?

BITW and BCTK have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, BITW or BCTK?

BITW and BCTK have nearly identical dividend yields, around 0.00%.

What is the main difference between BITW and BCTK?

BITW is categorized as Cryptocurrency, while BCTK is Technology Equities. They also come from different issuers: Bitwise and Baron Capital.