CORD vs. BITK

Last updated Jun 24, 2026

CORD (T-Rex 2X Inverse CRWV Daily Target ETF) and BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) are both exchange-traded funds - CORD is a Inverse Equities fund actively managed by Tuttle Capital Management, while BITK is a Derivative Income fund actively managed by Tuttle Capital Management. Both are actively managed. At a correlation of -0.39, they often move in opposite directions. CORD charges 1.50%/yr vs 0.99%/yr for BITK.

Performance

CORD vs. BITK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Inverse CRWV Daily Target ETF (CORD) and Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CORD achieves a -87.55% return, which is significantly lower than BITK's -32.04% return.

CORD

• 1D: 10.23%
• 1M: -17.14%
• YTD: -87.55%
• 6M: -84.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITK

• 1D: -3.11%
• 1M: -18.15%
• YTD: -32.04%
• 6M: -32.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CORD vs. BITK - Yearly Performance Comparison

	2026 (YTD)	2025
CORD T-Rex 2X Inverse CRWV Daily Target ETF	-87.55%	53.14%
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-32.04%	-24.47%

Correlation

The correlation between CORD and BITK is -0.39, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	-0.39

Return for Risk

CORD vs. BITK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Inverse CRWV Daily Target ETF (CORD) and Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK). 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.

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

Drawdowns

CORD vs. BITK - Drawdown Comparison

The maximum CORD drawdown since its inception was -93.69%, which is greater than BITK's maximum drawdown of -56.28%. Use the drawdown chart below to compare losses from any high point for CORD and BITK.

Drawdown Indicators

	CORD	BITK	Difference
Max Drawdown Largest peak-to-trough decline	-93.69%	-56.28%	-37.41%
Current Drawdown Current decline from peak	-91.88%	-54.86%	-37.02%
Average Drawdown Average peak-to-trough decline	-58.48%	-36.01%	-22.47%

Volatility

Volatility by Period

	CORD	BITK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	185.33%	49.31%	+136.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	185.33%	49.31%	+136.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	185.33%	49.31%	+136.02%

CORD vs. BITK - Expense Ratio Comparison

CORD has a 1.50% expense ratio, which is higher than BITK's 0.99% expense ratio.

Dividends

CORD vs. BITK - Dividend Comparison

CORD has not paid dividends to shareholders, while BITK's dividend yield for the trailing twelve months is around 48.83%.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	48.83%	23.15%
CORD T-Rex 2X Inverse CRWV Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CORD and BITK in my portfolio?

CORD and BITK have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CORD or BITK?

On fees, BITK is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CORD or BITK?

BITK is cheaper with a 0.99% expense ratio, compared with 1.50% for CORD.

Which ETF pays a higher dividend yield, CORD or BITK?

BITK has the higher dividend yield at 48.83%, compared with 0.00% for CORD.

What is the main difference between CORD and BITK?

CORD is categorized as Inverse Equities, while BITK is Derivative Income. Their fees differ too: 1.50% for CORD and 0.99% for BITK.