BITW vs. VGT
Compare and contrast key facts about Bitwise 10 Crypto Index Fund (BITW) and Vanguard Information Technology ETF (VGT).
VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITW or VGT.
Performance
BITW vs. VGT - Performance Comparison
Returns By Period
In the year-to-date period, BITW achieves a 152.10% return, which is significantly higher than VGT's 28.63% return.
BITW
152.10%
63.02%
61.13%
158.80%
N/A
N/A
VGT
28.63%
2.11%
15.02%
35.48%
22.76%
20.73%
Key characteristics
| BITW | VGT | |
|---|---|---|
| Sharpe Ratio | 2.50 | 1.71 |
| Sortino Ratio | 2.78 | 2.24 |
| Omega Ratio | 1.36 | 1.31 |
| Calmar Ratio | 1.82 | 2.36 |
| Martin Ratio | 11.93 | 8.49 |
| Ulcer Index | 13.49% | 4.24% |
| Daily Std Dev | 64.23% | 20.98% |
| Max Drawdown | -96.46% | -54.63% |
| Current Drawdown | -58.02% | -1.01% |
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Correlation
The correlation between BITW and VGT is 0.35, 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.
Risk-Adjusted Performance
BITW vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise 10 Crypto Index Fund (BITW) and Vanguard Information Technology ETF (VGT). 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
BITW vs. VGT - Dividend Comparison
BITW has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITW Bitwise 10 Crypto Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
BITW vs. VGT - Drawdown Comparison
The maximum BITW drawdown since its inception was -96.46%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for BITW and VGT. For additional features, visit the drawdowns tool.
Volatility
BITW vs. VGT - Volatility Comparison
Bitwise 10 Crypto Index Fund (BITW) has a higher volatility of 20.75% compared to Vanguard Information Technology ETF (VGT) at 6.47%. This indicates that BITW's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.