BTF vs. DIME

Last updated Aug 2, 2026

BTF (CoinShares Bitcoin and Ether ETF) and DIME (CoinShares Altcoins ETF) are both Cryptocurrency funds from CoinShares. Both are actively managed. Their 0.78 correlation means they have sometimes moved together and sometimes differently. BTF charges 1.24%/yr vs 0.00%/yr for DIME.

Performance

BTF vs. DIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CoinShares Bitcoin and Ether ETF (BTF) and CoinShares Altcoins ETF (DIME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTF achieves a -33.79% return, which is significantly higher than DIME's -37.93% return.

BTF

• 1D: -2.94%
• 1M: 5.69%
• 6M: -28.47%
• YTD: -33.79%
• 1Y: -46.94%
• 3Y*: 10.88%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -10.26%

DIME

• 1D: -1.57%
• 1M: -9.23%
• 6M: -31.80%
• YTD: -37.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BTF CoinShares Bitcoin and Ether ETF	$75.53K	$69.69K	$94.86K
DIME CoinShares Altcoins ETF	$5.00K	$9.84K	$25.05K

BTF vs. DIME - Yearly Performance Comparison

	2026 (YTD)	2025
BTF CoinShares Bitcoin and Ether ETF	-33.79%	-34.60%
DIME CoinShares Altcoins ETF	-37.93%	-58.28%

Correlation

The correlation between BTF and DIME is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025	0.78

Return for Risk

BTF vs. DIME — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BTF

BTF Risk / Return Rank: 2
BTF Sharpe Ratio Rank: 2
BTF Sortino Ratio Rank: 2
BTF Omega Ratio Rank: 3
BTF Calmar Ratio Rank: 3
BTF Martin Ratio Rank: 3

DIME

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BTF vs. DIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoinShares Bitcoin and Ether ETF (BTF) and CoinShares Altcoins ETF (DIME). 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.

	BTF	DIME	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	—	—
Sortino ratio: Return per unit of downside risk	-1.33	—	—
Omega ratio: Gain probability vs. loss probability	0.85	—	—
Calmar ratio: Return relative to maximum drawdown	-0.80	—	—
Martin ratio: Return relative to average drawdown	-1.22	—	—

Drawdowns

BTF vs. DIME - Drawdown Comparison

The maximum BTF drawdown since its inception was -77.50%, roughly equal to the maximum DIME drawdown of -74.46%. Use the drawdown chart below to compare losses from any high point for BTF and DIME.

Drawdown Indicators

	BTF	DIME	Difference
Max Drawdown Largest peak-to-trough decline	-77.50%	-74.46%	-3.04%
Max Drawdown (1Y) Largest decline over 1 year	-61.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-61.55%	—	—
Current Drawdown Current decline from peak	-56.69%	-74.10%	+17.41%
Average Drawdown Average peak-to-trough decline	-40.24%	-60.24%	+20.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.45%	—	—

Volatility

Volatility by Period

	BTF	DIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	38.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	54.47%	74.70%	-20.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.11%	74.70%	-16.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.11%	74.70%	-16.59%

BTF vs. DIME - Expense Ratio Comparison

BTF has a 1.24% expense ratio, which is higher than DIME's 0.00% expense ratio.

Dividends

BTF vs. DIME - Dividend Comparison

BTF's dividend yield for the trailing twelve months is around 219.80%, while DIME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BTF CoinShares Bitcoin and Ether ETF	219.80%	146.05%	52.96%	15.98%
DIME CoinShares Altcoins ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BTF and DIME in my portfolio?

BTF and DIME have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTF or DIME?

On fees, DIME is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTF or DIME?

DIME is cheaper with a 0.00% expense ratio, compared with 1.24% for BTF.

Which ETF pays a higher dividend yield, BTF or DIME?

BTF has the higher dividend yield at 219.80%, compared with 0.00% for DIME.

What is the main difference between BTF and DIME?

Their fees differ too: 1.24% for BTF and 0.00% for DIME.