CDOT.DE vs. BFJL

Last updated Jun 4, 2026

CDOT.DE (CoinShares Physical Staked Polkadot EUR ETP) and BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) are both exchange-traded funds - CDOT.DE is a Cryptocurrency fund actively managed by CoinShares, while BFJL is a Defined Outcome fund managed by First Trust. A 0.59 correlation means they provide meaningful diversification when combined. CDOT.DE charges 0.00%/yr vs 0.90%/yr for BFJL.

Performance

CDOT.DE vs. BFJL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CDOT.DE is traded in EUR, while BFJL is traded in USD. To make them comparable, the BFJL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, CDOT.DE achieves a -37.05% return, which is significantly lower than BFJL's -6.56% return.

CDOT.DE

• 1D: 2.61%
• 1M: -7.97%
• YTD: -37.05%
• 6M: -50.39%
• 1Y: -72.75%
• 3Y*: -39.02%
• 5Y*: —
• 10Y*: —

BFJL

• 1D: 0.31%
• 1M: -0.42%
• YTD: -6.56%
• 6M: -9.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CDOT.DE vs. BFJL - Yearly Performance Comparison

	2026 (YTD)	2025
CDOT.DE CoinShares Physical Staked Polkadot EUR ETP	-37.05%	-44.07%
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-6.56%	-6.97%

Correlation

The correlation between CDOT.DE and BFJL is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 2, 2025	0.59

Return for Risk

CDOT.DE vs. BFJL — Risk / Return Rank

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

CDOT.DE

CDOT.DE Risk / Return Rank: 1
CDOT.DE Sharpe Ratio Rank: 1
CDOT.DE Sortino Ratio Rank: 1
CDOT.DE Omega Ratio Rank: 1
CDOT.DE Calmar Ratio Rank: 1
CDOT.DE Martin Ratio Rank: 1

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.

CDOT.DE vs. BFJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). 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.

	CDOT.DE	BFJL	Difference
Sharpe ratio Return per unit of total volatility	-1.00	—	—
Sortino ratio Return per unit of downside risk	-2.00	—	—
Omega ratio Gain probability vs. loss probability	0.78	—	—
Calmar ratio Return relative to maximum drawdown	-0.97	—	—
Martin ratio Return relative to average drawdown	-1.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CDOT.DE	BFJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	-0.97	+0.38

Drawdowns

CDOT.DE vs. BFJL - Drawdown Comparison

The maximum CDOT.DE drawdown since its inception was -94.53%, which is greater than BFJL's maximum drawdown of -21.73%. Use the drawdown chart below to compare losses from any high point for CDOT.DE and BFJL.

Drawdown Indicators

	CDOT.DE	BFJL	Difference
Max Drawdown Largest peak-to-trough decline	-94.53%	-21.73%	-72.80%
Max Drawdown (1Y) Largest decline over 1 year	-75.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-90.42%	—	—
Current Drawdown Current decline from peak	-94.38%	-20.48%	-73.90%
Average Drawdown Average peak-to-trough decline	-70.85%	-11.58%	-59.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.04%	—	—

Volatility

Volatility by Period

	CDOT.DE	BFJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	51.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	72.57%	14.60%	+57.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.58%	14.60%	+62.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.58%	14.60%	+62.98%

CDOT.DE vs. BFJL - Expense Ratio Comparison

CDOT.DE has a 0.00% expense ratio, which is lower than BFJL's 0.90% expense ratio.

Dividends

CDOT.DE vs. BFJL - Dividend Comparison

CDOT.DE has not paid dividends to shareholders, while BFJL's dividend yield for the trailing twelve months is around 1.46%.

Position	TTM	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.46%	1.35%
CDOT.DE CoinShares Physical Staked Polkadot EUR ETP	0.00%	0.00%

Frequently Asked Questions

Can I hold both CDOT.DE and BFJL in my portfolio?

CDOT.DE and BFJL have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CDOT.DE or BFJL?

On fees, CDOT.DE 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, CDOT.DE or BFJL?

CDOT.DE is cheaper with a 0.00% expense ratio, compared with 0.90% for BFJL.

What is the main difference between CDOT.DE and BFJL?

CDOT.DE is categorized as Cryptocurrency, while BFJL is Defined Outcome. They also come from different issuers: CoinShares and First Trust. Their fees differ too: 0.00% for CDOT.DE and 0.90% for BFJL.