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BTF vs. CRPT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BTFCRPT
YTD Return14.51%13.34%
1Y Return73.82%107.58%
Sharpe Ratio1.371.28
Daily Std Dev55.85%80.63%
Max Drawdown-77.50%-88.34%
Current Drawdown-33.59%-58.52%

Correlation

-0.50.00.51.00.7

The correlation between BTF and CRPT is 0.74, 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

BTF vs. CRPT - Performance Comparison

In the year-to-date period, BTF achieves a 14.51% return, which is significantly higher than CRPT's 13.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%AprilMayJuneJulyAugustSeptember
-23.43%
-20.59%
BTF
CRPT

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BTF vs. CRPT - Expense Ratio Comparison

BTF has a 1.24% expense ratio, which is higher than CRPT's 0.85% expense ratio.


BTF
Valkyrie Bitcoin and Ether Strategy ETF
Expense ratio chart for BTF: current value at 1.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.24%
Expense ratio chart for CRPT: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%

Risk-Adjusted Performance

BTF vs. CRPT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Valkyrie Bitcoin and Ether Strategy ETF (BTF) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT). 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.


BTF
Sharpe ratio
The chart of Sharpe ratio for BTF, currently valued at 1.37, compared to the broader market0.002.004.001.37
Sortino ratio
The chart of Sortino ratio for BTF, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.0012.001.95
Omega ratio
The chart of Omega ratio for BTF, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.003.501.24
Calmar ratio
The chart of Calmar ratio for BTF, currently valued at 1.22, compared to the broader market0.005.0010.0015.001.22
Martin ratio
The chart of Martin ratio for BTF, currently valued at 4.92, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.92
CRPT
Sharpe ratio
The chart of Sharpe ratio for CRPT, currently valued at 1.28, compared to the broader market0.002.004.001.28
Sortino ratio
The chart of Sortino ratio for CRPT, currently valued at 2.09, compared to the broader market-2.000.002.004.006.008.0010.0012.002.09
Omega ratio
The chart of Omega ratio for CRPT, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.003.501.23
Calmar ratio
The chart of Calmar ratio for CRPT, currently valued at 1.25, compared to the broader market0.005.0010.0015.001.25
Martin ratio
The chart of Martin ratio for CRPT, currently valued at 5.76, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.76

BTF vs. CRPT - Sharpe Ratio Comparison

The current BTF Sharpe Ratio is 1.37, which roughly equals the CRPT Sharpe Ratio of 1.28. The chart below compares the 12-month rolling Sharpe Ratio of BTF and CRPT.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
1.37
1.28
BTF
CRPT

Dividends

BTF vs. CRPT - Dividend Comparison

BTF's dividend yield for the trailing twelve months is around 14.71%, while CRPT has not paid dividends to shareholders.


TTM202320222021
BTF
Valkyrie Bitcoin and Ether Strategy ETF
14.71%15.98%0.00%0.00%
CRPT
First Trust SkyBridge Crypto Industry & Digital Economy ETF
0.00%0.00%0.03%1.16%

Drawdowns

BTF vs. CRPT - Drawdown Comparison

The maximum BTF drawdown since its inception was -77.50%, smaller than the maximum CRPT drawdown of -88.34%. Use the drawdown chart below to compare losses from any high point for BTF and CRPT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AprilMayJuneJulyAugustSeptember
-33.59%
-58.52%
BTF
CRPT

Volatility

BTF vs. CRPT - Volatility Comparison

The current volatility for Valkyrie Bitcoin and Ether Strategy ETF (BTF) is 14.13%, while First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has a volatility of 17.13%. This indicates that BTF experiences smaller price fluctuations and is considered to be less risky than CRPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%AprilMayJuneJulyAugustSeptember
14.13%
17.13%
BTF
CRPT