BTCL vs. WTIU

Last updated Jun 5, 2026

BTCL (T-REX 2X Long Bitcoin Daily Target ETF) and WTIU (MicroSectors Energy 3X Leveraged ETN) are both exchange-traded funds - BTCL is a Leveraged Cryptocurrency fund actively managed by REX, while WTIU is a Leveraged Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). BTCL is actively managed, while WTIU is passively managed. Over the past year, BTCL returned -74.96% vs 112.38% for WTIU. At a 0.09 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.

Performance

BTCL vs. WTIU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and MicroSectors Energy 3X Leveraged ETN (WTIU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTCL achieves a -55.71% return, which is significantly lower than WTIU's 87.83% return.

BTCL

• 1D: -5.31%
• 1M: -40.66%
• YTD: -55.71%
• 6M: -61.59%
• 1Y: -74.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTIU

• 1D: -1.95%
• 1M: -8.81%
• YTD: 87.83%
• 6M: 63.25%
• 1Y: 112.38%
• 3Y*: 5.95%
• 5Y*: —
• 10Y*: —

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

BTCL vs. WTIU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BTCL T-REX 2X Long Bitcoin Daily Target ETF	-55.71%	-39.52%	105.78%
WTIU MicroSectors Energy 3X Leveraged ETN	87.83%	-17.13%	-35.08%

Correlation

The correlation between BTCL and WTIU is 0.04, 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 (1Y) Calculated over the trailing 1-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024	0.09

Return for Risk

BTCL vs. WTIU — Risk / Return Rank

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

BTCL

BTCL Risk / Return Rank: 2
BTCL Sharpe Ratio Rank: 2
BTCL Sortino Ratio Rank: 1
BTCL Omega Ratio Rank: 2
BTCL Calmar Ratio Rank: 1
BTCL Martin Ratio Rank: 1

WTIU

WTIU Risk / Return Rank: 47
WTIU Sharpe Ratio Rank: 49
WTIU Sortino Ratio Rank: 42
WTIU Omega Ratio Rank: 41
WTIU Calmar Ratio Rank: 59
WTIU Martin Ratio Rank: 44

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.

BTCL vs. WTIU - 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 MicroSectors Energy 3X Leveraged ETN (WTIU). 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	WTIU	Difference
Sharpe ratio: Return per unit of total volatility	-0.86	1.68	-2.54
Sortino ratio: Return per unit of downside risk	-1.53	2.10	-3.64
Omega ratio: Gain probability vs. loss probability	0.83	1.26	-0.43
Calmar ratio: Return relative to maximum drawdown	-0.93	2.89	-3.82
Martin ratio: Return relative to average drawdown	-1.48	7.08	-8.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTCL vs. WTIU - Sharpe Ratio Comparison

The current BTCL Sharpe Ratio is -0.86, which is lower than the WTIU Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of BTCL and WTIU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BTCL	WTIU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.86	1.68	-2.54
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	-0.10	-0.17

Drawdowns

BTCL vs. WTIU - Drawdown Comparison

The maximum BTCL drawdown since its inception was -80.75%, which is greater than WTIU's maximum drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for BTCL and WTIU.

Drawdown Indicators

	BTCL	WTIU	Difference
Max Drawdown Largest peak-to-trough decline	-80.75%	-75.73%	-5.02%
Max Drawdown (1Y) Largest decline over 1 year	-80.75%	-39.11%	-41.64%
Max Drawdown (3Y) Largest decline over 3 years	—	-75.73%	—
Current Drawdown Current decline from peak	-80.75%	-33.42%	-47.33%
Average Drawdown Average peak-to-trough decline	-34.25%	-39.18%	+4.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.74%	15.92%	+34.82%

Volatility

BTCL vs. WTIU - Volatility Comparison

The current volatility for T-REX 2X Long Bitcoin Daily Target ETF (BTCL) is 18.49%, while MicroSectors Energy 3X Leveraged ETN (WTIU) has a volatility of 27.11%. This indicates that BTCL experiences smaller price fluctuations and is considered to be less risky than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTCL	WTIU	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.49%	27.11%	-8.62%
Volatility (6M) Calculated over the trailing 6-month period	68.72%	54.96%	+13.76%
Volatility (1Y) Calculated over the trailing 1-year period	87.41%	67.43%	+19.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.85%	70.58%	+27.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.85%	70.58%	+27.27%

BTCL vs. WTIU - Expense Ratio Comparison

Both BTCL and WTIU have an expense ratio of 0.95%.

Dividends

BTCL vs. WTIU - Dividend Comparison

BTCL's dividend yield for the trailing twelve months is around 3.83%, while WTIU has not paid dividends to shareholders.

Position	TTM	2025	2024
BTCL T-REX 2X Long Bitcoin Daily Target ETF	3.83%	1.70%	4.35%
WTIU MicroSectors Energy 3X Leveraged ETN	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BTCL and WTIU in my portfolio?

BTCL and WTIU have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BTCL or WTIU?

WTIU has higher volatility (27.11%) compared to BTCL (18.49%). In terms of maximum drawdown, BTCL dropped -80.75% vs WTIU's -75.73%.

Which ETF is better, BTCL or WTIU?

On 1-year performance, WTIU leads with 112.38% vs -74.96% for BTCL. Both ETFs have the same 0.95% expense ratio. On volatility, BTCL has been the lower-risk option at 18.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BTCL or WTIU?

Over the 1-year period, WTIU has performed better with a 112.38% return vs -74.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BTCL or WTIU?

BTCL and WTIU have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, BTCL or WTIU?

BTCL has the higher dividend yield at 3.83%, compared with 0.00% for WTIU.

What is the main difference between BTCL and WTIU?

BTCL is categorized as Leveraged Cryptocurrency, while WTIU is Leveraged Equities.

Which has better risk-adjusted returns?

WTIU currently has the higher Sharpe Ratio (1.68 vs -0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.