ESK vs. BITS

Last updated Jun 4, 2026

ESK (REX-Osprey ETH + Staking ETF) and BITS (Global X Blockchain & Bitcoin Strategy ETF) are both Cryptocurrency funds. ESK is actively managed, while BITS is passively managed. Their correlation of 0.85 suggests significant overlap in exposure. ESK charges 0.75%/yr vs 0.65%/yr for BITS.

Performance

ESK vs. BITS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX-Osprey ETH + Staking ETF (ESK) and Global X Blockchain & Bitcoin Strategy ETF (BITS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESK achieves a -39.23% return, which is significantly lower than BITS's 4.17% return.

ESK

• 1D: -6.26%
• 1M: -24.17%
• YTD: -39.23%
• 6M: -42.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITS

• 1D: -2.94%
• 1M: -1.76%
• YTD: 4.17%
• 6M: -6.53%
• 1Y: 19.33%
• 3Y*: 49.59%
• 5Y*: —
• 10Y*: —

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

ESK vs. BITS - Yearly Performance Comparison

	2026 (YTD)	2025
ESK REX-Osprey ETH + Staking ETF	-39.23%	-23.15%
BITS Global X Blockchain & Bitcoin Strategy ETF	4.17%	-16.17%

Correlation

The correlation between ESK and BITS is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	0.85

Return for Risk

ESK vs. BITS — Risk / Return Rank

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

BITS

BITS Risk / Return Rank: 15
BITS Sharpe Ratio Rank: 14
BITS Sortino Ratio Rank: 17
BITS Omega Ratio Rank: 16
BITS Calmar Ratio Rank: 14
BITS Martin Ratio Rank: 12

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.

ESK vs. BITS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX-Osprey ETH + Staking ETF (ESK) and Global X Blockchain & Bitcoin Strategy ETF (BITS). 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

	ESK	BITS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	0.02	-1.01

Drawdowns

ESK vs. BITS - Drawdown Comparison

The maximum ESK drawdown since its inception was -61.14%, smaller than the maximum BITS drawdown of -83.11%. Use the drawdown chart below to compare losses from any high point for ESK and BITS.

Drawdown Indicators

	ESK	BITS	Difference
Max Drawdown Largest peak-to-trough decline	-61.14%	-83.11%	+21.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-48.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-48.38%	—
Current Drawdown Current decline from peak	-61.14%	-31.42%	-29.72%
Average Drawdown Average peak-to-trough decline	-40.19%	-42.76%	+2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.68%	—

Volatility

Volatility by Period

	ESK	BITS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	40.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	67.24%	52.55%	+14.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.24%	60.91%	+6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.24%	60.91%	+6.33%

ESK vs. BITS - Expense Ratio Comparison

ESK has a 0.75% expense ratio, which is higher than BITS's 0.65% expense ratio.

Dividends

ESK vs. BITS - Dividend Comparison

ESK's dividend yield for the trailing twelve months is around 0.97%, less than BITS's 21.88% yield.

Position	TTM	2025	2024	2023	2022	2021
BITS Global X Blockchain & Bitcoin Strategy ETF	21.88%	22.80%	29.49%	13.69%	0.48%	1.90%
ESK REX-Osprey ETH + Staking ETF	0.97%	0.30%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ESK and BITS in my portfolio?

ESK and BITS have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESK or BITS?

On fees, BITS is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESK or BITS?

BITS is cheaper with a 0.65% expense ratio, compared with 0.75% for ESK.

Which ETF pays a higher dividend yield, ESK or BITS?

BITS has the higher dividend yield at 21.88%, compared with 0.97% for ESK.

What is the main difference between ESK and BITS?

They also come from different issuers: REX Shares and Global X. Their fees differ too: 0.75% for ESK and 0.65% for BITS.