BTCW vs. DXJ
Compare and contrast key facts about Wisdom Tree Bitcoin Fund (BTCW) and WisdomTree Japan Hedged Equity Fund (DXJ).
BTCW and DXJ 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. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006.
Performance
BTCW vs. DXJ - Performance Comparison
Loading graphics...
BTCW vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTCW Wisdom Tree Bitcoin Fund | -22.63% | -6.05% | 100.00% |
DXJ WisdomTree Japan Hedged Equity Fund | 10.00% | 32.78% | 22.45% |
Returns By Period
In the year-to-date period, BTCW achieves a -22.63% return, which is significantly lower than DXJ's 10.00% return.
BTCW
- 1D
- 1.95%
- 1M
- 3.22%
- YTD
- -22.63%
- 6M
- -40.87%
- 1Y
- -17.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DXJ
- 1D
- 2.59%
- 1M
- -6.49%
- YTD
- 10.00%
- 6M
- 24.19%
- 1Y
- 46.21%
- 3Y*
- 34.37%
- 5Y*
- 24.33%
- 10Y*
- 17.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BTCW vs. DXJ - Expense Ratio Comparison
BTCW has a 0.30% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Return for Risk
BTCW vs. DXJ — Risk / Return Rank
BTCW
DXJ
BTCW vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wisdom Tree Bitcoin Fund (BTCW) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.
| BTCW | DXJ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.40 | 2.04 | -2.44 |
Sortino ratioReturn per unit of downside risk | -0.29 | 2.67 | -2.96 |
Omega ratioGain probability vs. loss probability | 0.97 | 1.41 | -0.45 |
Calmar ratioReturn relative to maximum drawdown | -0.39 | 3.46 | -3.84 |
Martin ratioReturn relative to average drawdown | -0.83 | 13.69 | -14.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BTCW | DXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.40 | 2.04 | -2.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.29 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.41 | -0.05 |
Correlation
The correlation between BTCW and DXJ is 0.17, 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.
Dividends
BTCW vs. DXJ - Dividend Comparison
BTCW has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTCW Wisdom Tree Bitcoin Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DXJ WisdomTree Japan Hedged Equity Fund | 1.18% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
Drawdowns
BTCW vs. DXJ - Drawdown Comparison
The maximum BTCW drawdown since its inception was -49.29%, roughly equal to the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for BTCW and DXJ.
Loading graphics...
Drawdown Indicators
| BTCW | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.29% | -49.63% | +0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -49.29% | -12.65% | -36.64% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.14% | — |
Current DrawdownCurrent decline from peak | -46.07% | -6.79% | -39.28% |
Average DrawdownAverage peak-to-trough decline | -14.10% | -14.44% | +0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.05% | 3.31% | +19.74% |
Volatility
BTCW vs. DXJ - Volatility Comparison
Wisdom Tree Bitcoin Fund (BTCW) has a higher volatility of 12.86% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 7.80%. This indicates that BTCW's price experiences larger fluctuations and is considered to be riskier than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BTCW | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.86% | 7.80% | +5.06% |
Volatility (6M)Calculated over the trailing 6-month period | 36.57% | 13.70% | +22.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.28% | 22.77% | +22.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.17% | 18.91% | +32.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.17% | 20.50% | +30.67% |