BTCL vs. BMNU
BTCL (T-REX 2X Long Bitcoin Daily Target ETF) and BMNU (T-REX 2X Long BMNR Daily Target ETF) are both exchange-traded funds - BTCL is a Leveraged Cryptocurrency fund actively managed by REX, while BMNU is a Leveraged Equities fund actively managed by REX. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. BTCL charges 0.95%/yr vs 1.50%/yr for BMNU.
Performance
BTCL vs. BMNU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTCL achieves a -55.71% return, which is significantly higher than BMNU's -73.22% return.
BTCL
- 1D
- -5.31%
- 1M
- -40.66%
- YTD
- -55.71%
- 6M
- -61.59%
- 1Y
- -74.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BMNU
- 1D
- 10.82%
- 1M
- -43.61%
- YTD
- -73.22%
- 6M
- -86.27%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTCL vs. BMNU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BTCL T-REX 2X Long Bitcoin Daily Target ETF | -55.71% | -42.58% |
BMNU T-REX 2X Long BMNR Daily Target ETF | -73.22% | -81.57% |
Correlation
The correlation between BTCL and BMNU is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025 | 0.86 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BTCL vs. BMNU — Risk / Return Rank
BTCL
BMNU
BTCL vs. BMNU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and T-REX 2X Long BMNR Daily Target ETF (BMNU). 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.
| BTCL | BMNU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.83 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | — | — |
| Martin ratioReturn relative to average drawdown | -1.48 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BTCL | BMNU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.86 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.28 | -0.53 | +0.25 |
Drawdowns
BTCL vs. BMNU - Drawdown Comparison
The maximum BTCL drawdown since its inception was -80.75%, smaller than the maximum BMNU drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for BTCL and BMNU.
Loading charts...
Drawdown Indicators
| BTCL | BMNU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.75% | -97.05% | +16.30% |
Max Drawdown (1Y)Largest decline over 1 year | -80.75% | — | — |
Current DrawdownCurrent decline from peak | -80.75% | -96.73% | +15.98% |
Average DrawdownAverage peak-to-trough decline | -34.25% | -79.79% | +45.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.74% | — | — |
Volatility
BTCL vs. BMNU - Volatility Comparison
Loading charts...
Volatility by Period
| BTCL | BMNU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.49% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 68.72% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 87.41% | 187.61% | -100.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.85% | 187.61% | -89.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.85% | 187.61% | -89.76% |
BTCL vs. BMNU - Expense Ratio Comparison
BTCL has a 0.95% expense ratio, which is lower than BMNU's 1.50% expense ratio.
Dividends
BTCL vs. BMNU - Dividend Comparison
BTCL's dividend yield for the trailing twelve months is around 3.83%, while BMNU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BMNU T-REX 2X Long BMNR Daily Target ETF | 0.00% | 0.00% | 0.00% |
BTCL T-REX 2X Long Bitcoin Daily Target ETF | 3.83% | 1.70% | 4.35% |
Frequently Asked Questions
BTCL and BMNU have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BTCL is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BTCL is cheaper with a 0.95% expense ratio, compared with 1.50% for BMNU.
BTCL has the higher dividend yield at 3.83%, compared with 0.00% for BMNU.
BTCL is categorized as Leveraged Cryptocurrency, while BMNU is Leveraged Equities. Their fees differ too: 0.95% for BTCL and 1.50% for BMNU.
Find the right allocation for BTCL and BMNU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer