CRPT vs. BTC-USD

Last updated Apr 3, 2026

Compare and contrast key facts about First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and Bitcoin (BTC-USD).

CRPT is an actively managed fund by First Trust. It was launched on Sep 20, 2021.

Performance

CRPT vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

CRPT vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	-22.92%	-9.54%	75.29%	193.86%	-80.84%	-8.07%
BTC-USD Bitcoin	-23.70%	-6.27%	120.76%	155.82%	-64.23%	13.49%

Returns By Period

The year-to-date returns for both stocks are quite close, with CRPT having a -22.92% return and BTC-USD slightly lower at -23.70%.

CRPT

• 1D: -0.94%
• 1M: -8.61%
• YTD: -22.92%
• 6M: -51.15%
• 1Y: -12.31%
• 3Y*: 33.30%
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: -1.99%
• 1M: -2.31%
• YTD: -23.70%
• 6M: -44.66%
• 1Y: -19.07%
• 3Y*: 33.89%
• 5Y*: 3.18%
• 10Y*: 66.03%

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

Return for Risk

CRPT vs. BTC-USD — Risk / Return Rank

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

CRPT

CRPT Risk / Return Rank: 10
CRPT Sharpe Ratio Rank: 8
CRPT Sortino Ratio Rank: 12
CRPT Omega Ratio Rank: 11
CRPT Calmar Ratio Rank: 9
CRPT Martin Ratio Rank: 9

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

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.

CRPT vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and Bitcoin (BTC-USD). 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.

	CRPT	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.19	-0.43	+0.24
Sortino ratio Return per unit of downside risk	0.17	-0.36	+0.53
Omega ratio Gain probability vs. loss probability	1.02	0.96	+0.06
Calmar ratio Return relative to maximum drawdown	-0.15	-1.14	+0.98
Martin ratio Return relative to average drawdown	-0.32	-2.03	+1.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRPT vs. BTC-USD - Sharpe Ratio Comparison

The current CRPT Sharpe Ratio is -0.19, which is higher than the BTC-USD Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of CRPT and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CRPT	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	-0.43	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.06	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	1.18	-1.31

Correlation

The correlation between CRPT and BTC-USD is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

CRPT vs. BTC-USD - Drawdown Comparison

The maximum CRPT drawdown since its inception was -88.34%, roughly equal to the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for CRPT and BTC-USD.

Drawdown Indicators

	CRPT	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-88.34%	-85.30%	-3.04%
Max Drawdown (1Y) Largest decline over 1 year	-56.46%	-49.65%	-6.81%
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-55.26%	-46.47%	-8.79%
Average Drawdown Average peak-to-trough decline	-52.95%	-42.00%	-10.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.27%	27.75%	-0.48%

Volatility

CRPT vs. BTC-USD - Volatility Comparison

First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and Bitcoin (BTC-USD) have volatilities of 13.17% and 13.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRPT	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.17%	13.70%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	47.82%	35.96%	+11.86%
Volatility (1Y) Calculated over the trailing 1-year period	64.26%	36.69%	+27.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.46%	46.91%	+26.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.46%	56.71%	+16.75%