DOJE vs. BTRN

Last updated Jun 4, 2026

DOJE (REX-Osprey DOGE ETF) and BTRN (Global X Bitcoin Trend Strategy ETF) are both Cryptocurrency funds - DOJE tracks the Dogecoin (DOGE) spot price while BTRN tracks the CoinDesk Bitcoin Trend Indicator Futures Index. Both are passively managed. A 0.52 correlation means they provide meaningful diversification when combined. DOJE charges 1.50%/yr vs 0.95%/yr for BTRN.

Performance

DOJE vs. BTRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX-Osprey DOGE ETF (DOJE) and Global X Bitcoin Trend Strategy ETF (BTRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOJE achieves a -22.00% return, which is significantly lower than BTRN's -9.29% return.

DOJE

• 1D: -2.54%
• 1M: -17.62%
• YTD: -22.00%
• 6M: -39.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTRN

• 1D: -1.35%
• 1M: -12.31%
• YTD: -9.29%
• 6M: -9.90%
• 1Y: -18.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DOJE vs. BTRN - Yearly Performance Comparison

	2026 (YTD)	2025
DOJE REX-Osprey DOGE ETF	-22.00%	-58.63%
BTRN Global X Bitcoin Trend Strategy ETF	-9.29%	-11.43%

Correlation

The correlation between DOJE and BTRN is 0.52, 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 Sep 19, 2025	0.52

Return for Risk

DOJE vs. BTRN — Risk / Return Rank

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

BTRN

BTRN Risk / Return Rank: 2
BTRN Sharpe Ratio Rank: 2
BTRN Sortino Ratio Rank: 2
BTRN Omega Ratio Rank: 2
BTRN Calmar Ratio Rank: 3
BTRN Martin Ratio Rank: 3

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.

DOJE vs. BTRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX-Osprey DOGE ETF (DOJE) and Global X Bitcoin Trend Strategy ETF (BTRN). 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.

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

Sharpe Ratios by Period

	DOJE	BTRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.02	0.00	-1.02

Drawdowns

DOJE vs. BTRN - Drawdown Comparison

The maximum DOJE drawdown since its inception was -68.45%, which is greater than BTRN's maximum drawdown of -36.97%. Use the drawdown chart below to compare losses from any high point for DOJE and BTRN.

Drawdown Indicators

	DOJE	BTRN	Difference
Max Drawdown Largest peak-to-trough decline	-68.45%	-36.97%	-31.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.29%	—
Current Drawdown Current decline from peak	-67.73%	-25.29%	-42.44%
Average Drawdown Average peak-to-trough decline	-52.04%	-14.41%	-37.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.68%	—

Volatility

Volatility by Period

	DOJE	BTRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	79.01%	19.91%	+59.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.01%	30.96%	+48.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.01%	30.96%	+48.05%

DOJE vs. BTRN - Expense Ratio Comparison

DOJE has a 1.50% expense ratio, which is higher than BTRN's 0.95% expense ratio.

Dividends

DOJE vs. BTRN - Dividend Comparison

DOJE has not paid dividends to shareholders, while BTRN's dividend yield for the trailing twelve months is around 30.60%.

Position	TTM	2025	2024
BTRN Global X Bitcoin Trend Strategy ETF	30.60%	27.76%	2.56%
DOJE REX-Osprey DOGE ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DOJE and BTRN in my portfolio?

DOJE and BTRN have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DOJE or BTRN?

On fees, BTRN is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DOJE or BTRN?

BTRN is cheaper with a 0.95% expense ratio, compared with 1.50% for DOJE.

Which ETF pays a higher dividend yield, DOJE or BTRN?

BTRN has the higher dividend yield at 30.60%, compared with 0.00% for DOJE.

What is the main difference between DOJE and BTRN?

DOJE tracks Dogecoin (DOGE) spot price, while BTRN tracks CoinDesk Bitcoin Trend Indicator Futures Index. They also come from different issuers: REX-Osprey and Global X. Their fees differ too: 1.50% for DOJE and 0.95% for BTRN.