BTCU vs. BEGS

Last updated Jul 21, 2026

BTCU (Direxion Daily Bitcoin Bull 2X ETF) and BEGS (Rareview 2x Bull Cryptocurrency & Precious Metals ETF) are both Leveraged Cryptocurrency funds. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure.

Performance

BTCU vs. BEGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Bitcoin Bull 2X ETF (BTCU) and Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTCU

• 1D: 2.76%
• 1M: 4.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEGS

• 1D: 1.61%
• 1M: -3.84%
• 6M: -50.07%
• YTD: -40.15%
• 1Y: -38.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTCU vs. BEGS - Yearly Performance Comparison

	2026 (YTD)
BTCU Direxion Daily Bitcoin Bull 2X ETF	-27.85%
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	-27.86%

Correlation

The correlation between BTCU and BEGS is 0.92, 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 May 27, 2026	0.92

Return for Risk

BTCU vs. BEGS — Risk / Return Rank

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

BTCU

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

BEGS

BEGS Risk / Return Rank: 5
BEGS Sharpe Ratio Rank: 5
BEGS Sortino Ratio Rank: 6
BEGS Omega Ratio Rank: 6
BEGS Calmar Ratio Rank: 4
BEGS Martin Ratio Rank: 3

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.

BTCU vs. BEGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Bitcoin Bull 2X ETF (BTCU) and Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS). 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.

	BTCU	BEGS	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.58	—
Sortino ratio: Return per unit of downside risk	—	-0.52	—
Omega ratio: Gain probability vs. loss probability	—	0.94	—
Calmar ratio: Return relative to maximum drawdown	—	-0.64	—
Martin ratio: Return relative to average drawdown	—	-1.27	—

Drawdowns

BTCU vs. BEGS - Drawdown Comparison

The maximum BTCU drawdown since its inception was -40.67%, smaller than the maximum BEGS drawdown of -60.23%. Use the drawdown chart below to compare losses from any high point for BTCU and BEGS.

Drawdown Indicators

	BTCU	BEGS	Difference
Max Drawdown Largest peak-to-trough decline	-40.67%	-60.23%	+19.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-60.23%	—
Current Drawdown Current decline from peak	-27.99%	-55.65%	+27.66%
Average Drawdown Average peak-to-trough decline	-28.43%	-19.90%	-8.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.50%	—

Volatility

Volatility by Period

	BTCU	BEGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	84.99%	67.43%	+17.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.99%	63.54%	+21.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	84.99%	63.54%	+21.45%

Dividends

BTCU vs. BEGS - Dividend Comparison

BTCU's dividend yield for the trailing twelve months is around 0.25%, less than BEGS's 80.58% yield.

Position	TTM	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	80.58%	48.23%
BTCU Direxion Daily Bitcoin Bull 2X ETF	0.25%	0.00%

Frequently Asked Questions

Can I hold both BTCU and BEGS in my portfolio?

With a correlation of 0.92, BTCU and BEGS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF pays a higher dividend yield, BTCU or BEGS?

BEGS has the higher dividend yield at 80.58%, compared with 0.25% for BTCU.

What is the main difference between BTCU and BEGS?

They also come from different issuers: Direxion and Rareview.