CDOT.DE vs. BITC.AS
CDOT.DE (CoinShares Physical Staked Polkadot EUR ETP) and BITC.AS (CoinShares Physical Bitcoin (BTC) ETP) are both Cryptocurrency funds from CoinShares. Both are actively managed. Over the past 3 years, CDOT.DE returned -39.02%/yr vs 30.77%/yr for BITC.AS. A 0.69 correlation means they provide meaningful diversification when combined. CDOT.DE charges 0.00%/yr vs 0.25%/yr for BITC.AS.
Performance
CDOT.DE vs. BITC.AS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CDOT.DE achieves a -37.05% return, which is significantly lower than BITC.AS's -24.38% return.
CDOT.DE
- 1D
- 2.61%
- 1M
- -7.97%
- YTD
- -37.05%
- 6M
- -50.39%
- 1Y
- -72.75%
- 3Y*
- -39.02%
- 5Y*
- —
- 10Y*
- —
BITC.AS
- 1D
- -0.93%
- 1M
- -16.10%
- YTD
- -24.38%
- 6M
- -27.88%
- 1Y
- -39.29%
- 3Y*
- 30.77%
- 5Y*
- —
- 10Y*
- —
CDOT.DE vs. BITC.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CDOT.DE CoinShares Physical Staked Polkadot EUR ETP | -37.05% | -75.15% | -10.53% | 33.17% |
BITC.AS CoinShares Physical Bitcoin (BTC) ETP | -24.38% | -17.17% | 136.40% | 79.86% |
Correlation
The correlation between CDOT.DE and BITC.AS is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2023 | 0.69 |
The correlation between CDOT.DE and BITC.AS has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CDOT.DE vs. BITC.AS — Risk / Return Rank
CDOT.DE
BITC.AS
CDOT.DE vs. BITC.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE) and CoinShares Physical Bitcoin (BTC) ETP (BITC.AS). 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 | BITC.AS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.00 | -0.99 | -0.01 |
Sortino ratioReturn per unit of downside risk | -2.00 | -1.44 | -0.56 |
Omega ratioGain probability vs. loss probability | 0.78 | 0.84 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | -0.97 | -0.79 | -0.18 |
Martin ratioReturn relative to average drawdown | -1.48 | -1.39 | -0.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CDOT.DE | BITC.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.00 | -0.99 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.59 | 0.74 | -1.32 |
Drawdowns
CDOT.DE vs. BITC.AS - Drawdown Comparison
The maximum CDOT.DE drawdown since its inception was -94.53%, which is greater than BITC.AS's maximum drawdown of -49.38%. Use the drawdown chart below to compare losses from any high point for CDOT.DE and BITC.AS.
Loading charts...
Drawdown Indicators
| CDOT.DE | BITC.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.53% | -49.38% | -45.15% |
Max Drawdown (1Y)Largest decline over 1 year | -75.24% | -49.38% | -25.86% |
Max Drawdown (3Y)Largest decline over 3 years | -90.42% | -49.38% | -41.04% |
Current DrawdownCurrent decline from peak | -94.38% | -46.68% | -47.70% |
Average DrawdownAverage peak-to-trough decline | -70.85% | -13.05% | -57.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.04% | 28.15% | +20.89% |
Volatility
CDOT.DE vs. BITC.AS - Volatility Comparison
CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE) has a higher volatility of 16.51% compared to CoinShares Physical Bitcoin (BTC) ETP (BITC.AS) at 9.34%. This indicates that CDOT.DE's price experiences larger fluctuations and is considered to be riskier than BITC.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CDOT.DE | BITC.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.51% | 9.34% | +7.17% |
Volatility (6M)Calculated over the trailing 6-month period | 51.83% | 29.82% | +22.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.57% | 39.38% | +33.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.58% | 45.62% | +31.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.58% | 45.62% | +31.96% |
CDOT.DE vs. BITC.AS - Expense Ratio Comparison
CDOT.DE has a 0.00% expense ratio, which is lower than BITC.AS's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CDOT.DE vs. BITC.AS - Dividend Comparison
Neither CDOT.DE nor BITC.AS has paid dividends to shareholders.
Frequently Asked Questions
CDOT.DE and BITC.AS have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
CDOT.DE is cheaper with a 0.00% expense ratio, compared with 0.25% for BITC.AS.
Their fees differ too: 0.00% for CDOT.DE and 0.25% for BITC.AS.
Find the right allocation for CDOT.DE and BITC.AS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer