BKNU vs. BITK

Last updated Jun 23, 2026

BKNU (T-Rex 2X Long BKNG Daily Target ETF) and BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) are both exchange-traded funds - BKNU is a Leveraged Equities fund actively managed by Tuttle Capital Management, while BITK is a Derivative Income fund actively managed by Tuttle Capital Management. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. BKNU charges 1.50%/yr vs 0.99%/yr for BITK.

Performance

BKNU vs. BITK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long BKNG Daily Target ETF (BKNU) and Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BKNU

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITK

• 1D: 2.34%
• 1M: -15.53%
• YTD: -29.86%
• 6M: -30.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKNU vs. BITK - Yearly Performance Comparison

	2026 (YTD)	2025
BKNU T-Rex 2X Long BKNG Daily Target ETF	-39.53%	-13.10%
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-29.86%	-27.15%

Correlation

The correlation between BKNU and BITK is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.09

Return for Risk

BKNU vs. BITK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long BKNG Daily Target ETF (BKNU) and Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK). 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.

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

Drawdowns

Drawdown Indicators

	BKNU	BITK	Difference
Max Drawdown Largest peak-to-trough decline	—	-56.28%	—
Current Drawdown Current decline from peak	—	-53.41%	—
Average Drawdown Average peak-to-trough decline	—	-35.91%	—

Volatility

Volatility by Period

	BKNU	BITK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	49.33%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	49.33%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	49.33%	—

BKNU vs. BITK - Expense Ratio Comparison

BKNU has a 1.50% expense ratio, which is higher than BITK's 0.99% expense ratio.

Dividends

BKNU vs. BITK - Dividend Comparison

BKNU has not paid dividends to shareholders, while BITK's dividend yield for the trailing twelve months is around 47.31%.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	47.31%	23.15%
BKNU T-Rex 2X Long BKNG Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKNU and BITK in my portfolio?

BKNU and BITK have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKNU or BITK?

On fees, BITK is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BKNU or BITK?

BITK is cheaper with a 0.99% expense ratio, compared with 1.50% for BKNU.

Which ETF pays a higher dividend yield, BKNU or BITK?

BITK has the higher dividend yield at 47.31%, compared with 0.00% for BKNU.

What is the main difference between BKNU and BITK?

BKNU is categorized as Leveraged Equities, while BITK is Derivative Income. Their fees differ too: 1.50% for BKNU and 0.99% for BITK.