BRRR vs. BTCW
Compare and contrast key facts about Valkyrie Bitcoin ETF (BRRR) and Wisdom Tree Bitcoin Fund (BTCW).
BRRR and BTCW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRRR is a passively managed fund by Valkyrie Digital Assets that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024. BTCW is managed by WisdomTree. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRRR or BTCW.
Correlation
The correlation between BRRR and BTCW is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BRRR vs. BTCW - Performance Comparison
Key characteristics
BRRR:
2.49
BTCW:
2.52
BRRR:
1.29
BTCW:
1.29
BRRR:
11.98%
BTCW:
11.97%
BRRR:
56.45%
BTCW:
56.85%
BRRR:
-27.37%
BTCW:
-27.46%
BRRR:
-9.66%
BTCW:
-9.64%
Returns By Period
In the year-to-date period, BRRR achieves a 3.21% return, which is significantly lower than BTCW's 3.89% return.
BRRR
3.21%
-5.18%
47.73%
118.93%
N/A
N/A
BTCW
3.89%
-5.14%
47.94%
119.89%
N/A
N/A
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BRRR vs. BTCW - Expense Ratio Comparison
BRRR has a 0.25% expense ratio, which is lower than BTCW's 0.30% expense ratio.
Risk-Adjusted Performance
BRRR vs. BTCW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valkyrie Bitcoin ETF (BRRR) and Wisdom Tree Bitcoin Fund (BTCW). 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.
Not enough dataDividends
BRRR vs. BTCW - Dividend Comparison
Neither BRRR nor BTCW has paid dividends to shareholders.
Drawdowns
BRRR vs. BTCW - Drawdown Comparison
The maximum BRRR drawdown since its inception was -27.37%, roughly equal to the maximum BTCW drawdown of -27.46%. Use the drawdown chart below to compare losses from any high point for BRRR and BTCW. For additional features, visit the drawdowns tool.
Volatility
BRRR vs. BTCW - Volatility Comparison
Valkyrie Bitcoin ETF (BRRR) and Wisdom Tree Bitcoin Fund (BTCW) have volatilities of 15.38% and 15.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.