BTCL vs. XBNB

Last updated Jul 17, 2026

BTCL (T-REX 2X Long Bitcoin Daily Target ETF) and XBNB (Teucrium xETFs 2x Long Daily BNB ETF) are both Leveraged Cryptocurrency funds. BTCL is actively managed, while XBNB is passively managed. A 0.80 correlation means they provide meaningful diversification when combined. BTCL charges 0.95%/yr vs 1.89%/yr for XBNB.

Performance

BTCL vs. XBNB - 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 Teucrium xETFs 2x Long Daily BNB ETF (XBNB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTCL

• 1D: -2.14%
• 1M: -6.38%
• 6M: -63.03%
• YTD: -56.59%
• 1Y: -80.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XBNB

• 1D: -1.47%
• 1M: -12.87%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTCL vs. XBNB - Yearly Performance Comparison

	2026 (YTD)
BTCL T-REX 2X Long Bitcoin Daily Target ETF	-34.85%
XBNB Teucrium xETFs 2x Long Daily BNB ETF	-22.52%

Correlation

The correlation between BTCL and XBNB is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 28, 2026	0.80

Return for Risk

BTCL vs. XBNB — Risk / Return Rank

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

BTCL

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

XBNB

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

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. XBNB - 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 Teucrium xETFs 2x Long Daily BNB ETF (XBNB). 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.

	BTCL	XBNB	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	—	—
Sortino ratio: Return per unit of downside risk	-1.85	—	—
Omega ratio: Gain probability vs. loss probability	0.80	—	—
Calmar ratio: Return relative to maximum drawdown	-0.96	—	—
Martin ratio: Return relative to average drawdown	-1.40	—	—

Drawdowns

BTCL vs. XBNB - Drawdown Comparison

The maximum BTCL drawdown since its inception was -84.01%, which is greater than XBNB's maximum drawdown of -40.97%. Use the drawdown chart below to compare losses from any high point for BTCL and XBNB.

Drawdown Indicators

	BTCL	XBNB	Difference
Max Drawdown Largest peak-to-trough decline	-84.01%	-40.97%	-43.04%
Max Drawdown (1Y) Largest decline over 1 year	-84.01%	—	—
Current Drawdown Current decline from peak	-81.13%	-35.63%	-45.50%
Average Drawdown Average peak-to-trough decline	-36.82%	-19.92%	-16.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	57.56%	—	—

Volatility

Volatility by Period

	BTCL	XBNB	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	70.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	88.52%	85.86%	+2.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.02%	85.86%	+11.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.02%	85.86%	+11.16%

BTCL vs. XBNB - Expense Ratio Comparison

BTCL has a 0.95% expense ratio, which is lower than XBNB's 1.89% expense ratio.

Dividends

BTCL vs. XBNB - Dividend Comparison

BTCL's dividend yield for the trailing twelve months is around 3.91%, more than XBNB's 0.01% yield.

Position	TTM	2025	2024
BTCL T-REX 2X Long Bitcoin Daily Target ETF	3.91%	1.70%	4.35%
XBNB Teucrium xETFs 2x Long Daily BNB ETF	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BTCL and XBNB in my portfolio?

BTCL and XBNB have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTCL or XBNB?

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.

Which ETF is cheaper, BTCL or XBNB?

BTCL is cheaper with a 0.95% expense ratio, compared with 1.89% for XBNB.

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

BTCL has the higher dividend yield at 3.91%, compared with 0.01% for XBNB.

What is the main difference between BTCL and XBNB?

They also come from different issuers: REX and Teucrium. Their fees differ too: 0.95% for BTCL and 1.89% for XBNB.