BTF vs. XBTF
Compare and contrast key facts about Valkyrie Bitcoin and Ether Strategy ETF (BTF) and VanEck Bitcoin Strategy ETF (XBTF).
BTF and XBTF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTF is an actively managed fund by Valkyrie. It was launched on Oct 21, 2021. XBTF is an actively managed fund by VanEck. It was launched on Nov 15, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTF or XBTF.
Key characteristics
| BTF | XBTF |
|---|
Correlation
The correlation between BTF and XBTF is 0.84, 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. XBTF - 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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BTF vs. XBTF - Expense Ratio Comparison
BTF has a 1.24% expense ratio, which is higher than XBTF's 0.65% expense ratio.
Risk-Adjusted Performance
BTF vs. XBTF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valkyrie Bitcoin and Ether Strategy ETF (BTF) and VanEck Bitcoin Strategy ETF (XBTF). 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.
Dividends
BTF vs. XBTF - Dividend Comparison
BTF's dividend yield for the trailing twelve months is around 14.56%, while XBTF has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
BTF Valkyrie Bitcoin and Ether Strategy ETF | 14.56% | 15.98% |
XBTF VanEck Bitcoin Strategy ETF | 101.35% | 0.18% |
Drawdowns
BTF vs. XBTF - Drawdown Comparison
Volatility
BTF vs. XBTF - Volatility Comparison
Valkyrie Bitcoin and Ether Strategy ETF (BTF) has a higher volatility of 14.14% compared to VanEck Bitcoin Strategy ETF (XBTF) at 0.00%. This indicates that BTF's price experiences larger fluctuations and is considered to be riskier than XBTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.