BTCW vs. BTCE.DE
Compare and contrast key facts about Wisdom Tree Bitcoin Fund (BTCW) and ETC Group Physical Bitcoin (BTCE.DE).
BTCW and BTCE.DE 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. BTCE.DE is an actively managed fund by ETC Issuance. It was launched on Jun 8, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCW or BTCE.DE.
Key characteristics
| BTCW | BTCE.DE | |
|---|---|---|
| Daily Std Dev | 58.06% | 51.93% |
| Max Drawdown | -27.46% | -74.62% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between BTCW and BTCE.DE is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BTCW vs. BTCE.DE - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BTCW vs. BTCE.DE - Expense Ratio Comparison
BTCW has a 0.30% expense ratio, which is lower than BTCE.DE's 2.00% expense ratio.
Risk-Adjusted Performance
BTCW vs. BTCE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wisdom Tree Bitcoin Fund (BTCW) and ETC Group Physical Bitcoin (BTCE.DE). 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.
Not enough dataDividends
BTCW vs. BTCE.DE - Dividend Comparison
Neither BTCW nor BTCE.DE has paid dividends to shareholders.
Drawdowns
BTCW vs. BTCE.DE - Drawdown Comparison
The maximum BTCW drawdown since its inception was -27.46%, smaller than the maximum BTCE.DE drawdown of -74.62%. Use the drawdown chart below to compare losses from any high point for BTCW and BTCE.DE. For additional features, visit the drawdowns tool.
Volatility
BTCW vs. BTCE.DE - Volatility Comparison
Wisdom Tree Bitcoin Fund (BTCW) has a higher volatility of 17.75% compared to ETC Group Physical Bitcoin (BTCE.DE) at 14.39%. This indicates that BTCW's price experiences larger fluctuations and is considered to be riskier than BTCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.