ETCG vs. BFOC

Last updated Jun 5, 2026

ETCG (Grayscale Ethereum Classic Trust (ETC)) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - ETCG is a Cryptocurrency fund tracking the Ethereum Classic (ETC), while BFOC is a Defined Outcome fund actively managed by First Trust. ETCG is passively managed, while BFOC is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. ETCG charges 2.50%/yr vs 0.90%/yr for BFOC.

Performance

ETCG vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Ethereum Classic Trust (ETC) (ETCG) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETCG achieves a -37.40% return, which is significantly lower than BFOC's -7.39% return.

ETCG

• 1D: -3.10%
• 1M: -11.55%
• YTD: -37.40%
• 6M: -45.61%
• 1Y: -53.60%
• 3Y*: -8.79%
• 5Y*: -36.21%
• 10Y*: —

BFOC

• 1D: 0.00%
• 1M: -3.29%
• YTD: -7.39%
• 6M: -9.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETCG vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
ETCG Grayscale Ethereum Classic Trust (ETC)	-37.40%	-29.96%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-9.76%

Correlation

The correlation between ETCG and BFOC is 0.63, 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 Oct 2, 2025	0.63

Return for Risk

ETCG vs. BFOC — Risk / Return Rank

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

ETCG

ETCG Risk / Return Rank: 2
ETCG Sharpe Ratio Rank: 2
ETCG Sortino Ratio Rank: 2
ETCG Omega Ratio Rank: 2
ETCG Calmar Ratio Rank: 2
ETCG 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.

ETCG vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Ethereum Classic Trust (ETC) (ETCG) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). 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.

	ETCG	BFOC	Difference
Sharpe ratio: Return per unit of total volatility	-0.87	—	—
Sortino ratio: Return per unit of downside risk	-1.43	—	—
Omega ratio: Gain probability vs. loss probability	0.85	—	—
Calmar ratio: Return relative to maximum drawdown	-0.80	—	—
Martin ratio: Return relative to average drawdown	-1.23	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ETCG	BFOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.87	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	-1.87	+1.69

Drawdowns

ETCG vs. BFOC - Drawdown Comparison

The maximum ETCG drawdown since its inception was -96.59%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for ETCG and BFOC.

Drawdown Indicators

	ETCG	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-96.59%	-18.20%	-78.39%
Max Drawdown (1Y) Largest decline over 1 year	-67.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-78.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-92.70%	—	—
Current Drawdown Current decline from peak	-95.47%	-18.20%	-77.27%
Average Drawdown Average peak-to-trough decline	-82.67%	-12.55%	-70.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.62%	—	—

Volatility

Volatility by Period

	ETCG	BFOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	62.10%	12.57%	+49.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.02%	12.57%	+81.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.30%	12.57%	+102.73%

ETCG vs. BFOC - Expense Ratio Comparison

ETCG has a 2.50% expense ratio, which is higher than BFOC's 0.90% expense ratio.

Dividends

ETCG vs. BFOC - Dividend Comparison

Neither ETCG nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETCG and BFOC in my portfolio?

ETCG and BFOC have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETCG or BFOC?

On fees, BFOC is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETCG or BFOC?

BFOC is cheaper with a 0.90% expense ratio, compared with 2.50% for ETCG.

Which ETF pays a higher dividend yield, ETCG or BFOC?

ETCG and BFOC have nearly identical dividend yields, around 0.00%.

What is the main difference between ETCG and BFOC?

ETCG is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: Grayscale and First Trust. Their fees differ too: 2.50% for ETCG and 0.90% for BFOC.