PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
BTCW vs. BRRR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BTCW and BRRR is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

BTCW vs. BRRR

Last updated May 31, 2025

Compare and contrast key facts about Wisdom Tree Bitcoin Fund (BTCW) and Valkyrie Bitcoin ETF (BRRR).

BTCW and BRRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTCW is managed by WisdomTree. It was launched on Jan 11, 2024. 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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCW or BRRR.

Performance

BTCW vs. BRRR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wisdom Tree Bitcoin Fund (BTCW) and Valkyrie Bitcoin ETF (BRRR). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

BTCW:

0.98

BRRR:

1.00

Sortino Ratio

BTCW:

1.63

BRRR:

1.64

Omega Ratio

BTCW:

1.19

BRRR:

1.20

Calmar Ratio

BTCW:

1.85

BRRR:

1.87

Martin Ratio

BTCW:

4.07

BRRR:

4.09

Ulcer Index

BTCW:

12.91%

BRRR:

12.86%

Daily Std Dev

BTCW:

53.09%

BRRR:

52.54%

Max Drawdown

BTCW:

-28.33%

BRRR:

-28.13%

Current Drawdown

BTCW:

-6.04%

BRRR:

-6.01%

Returns By Period

The year-to-date returns for both stocks are quite close, with BTCW having a 12.34% return and BRRR slightly lower at 11.83%.

BTCW

YTD

12.34%

1M

11.11%

6M

7.56%

1Y

51.81%

3Y*

N/A

5Y*

N/A

10Y*

N/A

BRRR

YTD

11.83%

1M

11.12%

6M

7.64%

1Y

51.93%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Wisdom Tree Bitcoin Fund

Valkyrie Bitcoin ETF

BTCW vs. BRRR - Expense Ratio Comparison

BTCW has a 0.30% expense ratio, which is higher than BRRR's 0.25% expense ratio.

BTCW
Wisdom Tree Bitcoin Fund
BRRR
Valkyrie Bitcoin ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

BTCW vs. BRRR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BTCW
The Risk-Adjusted Performance Rank of BTCW is 8181
Overall Rank
The Sharpe Ratio Rank of BTCW is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of BTCW is 8282
Sortino Ratio Rank
The Omega Ratio Rank of BTCW is 7777
Omega Ratio Rank
The Calmar Ratio Rank of BTCW is 9292
Calmar Ratio Rank
The Martin Ratio Rank of BTCW is 7979
Martin Ratio Rank
BRRR
The Risk-Adjusted Performance Rank of BRRR is 8181
Overall Rank
The Sharpe Ratio Rank of BRRR is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of BRRR is 8383
Sortino Ratio Rank
The Omega Ratio Rank of BRRR is 7777
Omega Ratio Rank
The Calmar Ratio Rank of BRRR is 9292
Calmar Ratio Rank
The Martin Ratio Rank of BRRR is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BTCW vs. BRRR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Wisdom Tree Bitcoin Fund (BTCW) and Valkyrie Bitcoin ETF (BRRR). 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.

The current BTCW Sharpe Ratio is 0.98, which is comparable to the BRRR Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of BTCW and BRRR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

BTCW vs. BRRR - Dividend Comparison

Neither BTCW nor BRRR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BTCW vs. BRRR - Drawdown Comparison

The maximum BTCW drawdown since its inception was -28.33%, roughly equal to the maximum BRRR drawdown of -28.13%. Use the drawdown chart below to compare losses from any high point for BTCW and BRRR.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

BTCW vs. BRRR - Volatility Comparison

Wisdom Tree Bitcoin Fund (BTCW) and Valkyrie Bitcoin ETF (BRRR) have volatilities of 9.48% and 9.38%, 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.

Loading data...