BTGD vs. DFIV

Last updated Jul 22, 2026

BTGD (STKD Bitcoin & Gold ETF) and DFIV (Dimensional International Value ETF) are both exchange-traded funds - BTGD is a Cryptocurrency fund actively managed by Quantify Funds, while DFIV is a Foreign Large Cap Equities fund actively managed by Dimensional. Both are actively managed. Over the past year, BTGD returned -42.90% vs 33.73% for DFIV. At a 0.40 correlation, their price movements are largely independent. BTGD charges 1.00%/yr vs 0.27%/yr for DFIV.

Performance

BTGD vs. DFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STKD Bitcoin & Gold ETF (BTGD) and Dimensional International Value ETF (DFIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTGD achieves a -35.83% return, which is significantly lower than DFIV's 14.01% return.

BTGD

• 1D: 4.01%
• 1M: 0.82%
• 6M: -42.84%
• YTD: -35.83%
• 1Y: -42.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.49%

DFIV

• 1D: 1.19%
• 1M: 2.64%
• 6M: 11.75%
• YTD: 14.01%
• 1Y: 33.73%
• 3Y*: 22.23%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.66%

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

BTGD vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BTGD STKD Bitcoin & Gold ETF	-35.83%	34.62%	29.32%
DFIV Dimensional International Value ETF	14.01%	45.36%	-3.67%

Correlation

The correlation between BTGD and DFIV is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Oct 16, 2024	0.40

The correlation between BTGD and DFIV has been stable across timeframes, ranging from 0.40 to 0.50 - a consistent structural relationship.

Return for Risk

BTGD vs. DFIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTGD

BTGD Risk / Return Rank: 3
BTGD Sharpe Ratio Rank: 3
BTGD Sortino Ratio Rank: 4
BTGD Omega Ratio Rank: 4
BTGD Calmar Ratio Rank: 3
BTGD Martin Ratio Rank: 1

DFIV

DFIV Risk / Return Rank: 89
DFIV Sharpe Ratio Rank: 92
DFIV Sortino Ratio Rank: 91
DFIV Omega Ratio Rank: 90
DFIV Calmar Ratio Rank: 86
DFIV Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTGD vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STKD Bitcoin & Gold ETF (BTGD) and Dimensional International Value ETF (DFIV). 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.

	BTGD	DFIV	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	2.40	-3.15
Sortino ratio: Return per unit of downside risk	-0.91	3.31	-4.22
Omega ratio: Gain probability vs. loss probability	0.90	1.43	-0.53
Calmar ratio: Return relative to maximum drawdown	-0.73	3.51	-4.24
Martin ratio: Return relative to average drawdown	-1.39	13.33	-14.72

BTGD vs. DFIV - Sharpe Ratio Comparison

The current BTGD Sharpe Ratio is -0.74, which is lower than the DFIV Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of BTGD and DFIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BTGD vs. DFIV - Drawdown Comparison

The maximum BTGD drawdown since its inception was -58.79%, which is greater than DFIV's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for BTGD and DFIV.

Drawdown Indicators

	BTGD	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-58.79%	-25.42%	-33.37%
Max Drawdown (1Y) Largest decline over 1 year	-58.79%	-9.66%	-49.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.72%	—
Current Drawdown Current decline from peak	-52.99%	-0.34%	-52.65%
Average Drawdown Average peak-to-trough decline	-17.44%	-4.39%	-13.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.90%	2.54%	+28.36%

Volatility

BTGD vs. DFIV - Volatility Comparison

STKD Bitcoin & Gold ETF (BTGD) has a higher volatility of 15.69% compared to Dimensional International Value ETF (DFIV) at 3.43%. This indicates that BTGD's price experiences larger fluctuations and is considered to be riskier than DFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTGD	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.69%	3.43%	+12.26%
Volatility (6M) Calculated over the trailing 6-month period	47.88%	11.68%	+36.20%
Volatility (1Y) Calculated over the trailing 1-year period	57.94%	14.11%	+43.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.96%	16.56%	+39.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.96%	16.56%	+39.40%

BTGD vs. DFIV - Expense Ratio Comparison

BTGD has a 1.00% expense ratio, which is higher than DFIV's 0.27% expense ratio.

Dividends

BTGD vs. DFIV - Dividend Comparison

BTGD's dividend yield for the trailing twelve months is around 5.24%, more than DFIV's 2.64% yield.

Position	TTM	2025	2024	2023	2022	2021
BTGD STKD Bitcoin & Gold ETF	5.24%	3.36%	0.19%	0.00%	0.00%	0.00%
DFIV Dimensional International Value ETF	2.64%	2.92%	3.88%	3.93%	3.84%	2.30%

Frequently Asked Questions

Can I hold both BTGD and DFIV in my portfolio?

BTGD and DFIV have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BTGD or DFIV?

BTGD has higher volatility (15.69%) compared to DFIV (3.43%). In terms of maximum drawdown, BTGD dropped -58.79% vs DFIV's -25.42%.

Which ETF is better, BTGD or DFIV?

On 1-year performance, DFIV leads with 33.73% vs -42.90% for BTGD. On fees, DFIV is cheaper at 0.27% per year. On volatility, DFIV has been the lower-risk option at 3.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BTGD or DFIV?

Over the 1-year period, DFIV has performed better with a 33.73% return vs -42.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BTGD or DFIV?

DFIV is cheaper with a 0.27% expense ratio, compared with 1.00% for BTGD.

Which ETF pays a higher dividend yield, BTGD or DFIV?

BTGD has the higher dividend yield at 5.24%, compared with 2.64% for DFIV.

What is the main difference between BTGD and DFIV?

BTGD is categorized as Cryptocurrency, while DFIV is Foreign Large Cap Equities. They also come from different issuers: Quantify Funds and Dimensional. Their fees differ too: 1.00% for BTGD and 0.27% for DFIV.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.40 vs -0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.