PortfoliosLab logoPortfoliosLab logo
FBTC.TO vs. BCCC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FBTC.TO vs. BCCC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity Advantage Bitcoin ETF (FBTC.TO) and Global X Bitcoin Covered Call ETF (BCCC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

FBTC.TO is traded in CAD, while BCCC is traded in USD. To make them comparable, the BCCC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FBTC.TO achieves a -29.14% return, which is significantly lower than BCCC's -23.66% return.


FBTC.TO

1D
-3.77%
1M
-20.17%
YTD
-29.14%
6M
-28.64%
1Y
-41.41%
3Y*
26.66%
5Y*
10Y*

BCCC

1D
-3.55%
1M
-15.23%
YTD
-23.66%
6M
-22.75%
1Y
-30.26%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FBTC.TO vs. BCCC - Yearly Performance Comparison


2026 (YTD)2025
FBTC.TO
Fidelity Advantage Bitcoin ETF
-29.14%-17.93%
BCCC
Global X Bitcoin Covered Call ETF
-23.66%-7.16%

Correlation

The correlation between FBTC.TO and BCCC is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.93

Correlation (All Time)
Calculated using the full available price history since Jun 4, 2025

0.93

The correlation between FBTC.TO and BCCC has been stable across timeframes, ranging from 0.93 to 0.93 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Return for Risk

FBTC.TO vs. BCCC — Risk / Return Rank

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

FBTC.TO
FBTC.TO Risk / Return Rank: 22
Overall Rank
FBTC.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
FBTC.TO Sortino Ratio Rank: 22
Sortino Ratio Rank
FBTC.TO Omega Ratio Rank: 22
Omega Ratio Rank
FBTC.TO Calmar Ratio Rank: 22
Calmar Ratio Rank
FBTC.TO Martin Ratio Rank: 22
Martin Ratio Rank

BCCC
BCCC Risk / Return Rank: 22
Overall Rank
BCCC Sharpe Ratio Rank: 22
Sharpe Ratio Rank
BCCC Sortino Ratio Rank: 33
Sortino Ratio Rank
BCCC Omega Ratio Rank: 22
Omega Ratio Rank
BCCC Calmar Ratio Rank: 22
Calmar Ratio Rank
BCCC Martin Ratio Rank: 22
Martin Ratio Rank
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.

FBTC.TO vs. BCCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advantage Bitcoin ETF (FBTC.TO) and Global X Bitcoin Covered Call ETF (BCCC). 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.


FBTC.TOBCCCDifference
Sharpe ratioReturn per unit of total volatility

-0.11

Sortino ratioReturn per unit of downside risk

-0.29

Omega ratioGain probability vs. loss probability

0.85

0.86

-0.02

Calmar ratioReturn relative to maximum drawdown

-0.79

-0.71

-0.09

Martin ratioReturn relative to average drawdown

-1.31

-1.28

-0.03

FBTC.TO vs. BCCC - Sharpe Ratio Comparison

The current FBTC.TO Sharpe Ratio is -0.96, which is comparable to the BCCC Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of FBTC.TO and BCCC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Drawdowns

FBTC.TO vs. BCCC - Drawdown Comparison

The maximum FBTC.TO drawdown since its inception was -70.77%, which is greater than BCCC's maximum drawdown of -42.86%. Use the drawdown chart below to compare losses from any high point for FBTC.TO and BCCC.


Loading charts...

Drawdown Indicators


FBTC.TOBCCCDifference

Max Drawdown

Largest peak-to-trough decline

-70.77%

-42.86%

-27.91%

Max Drawdown (1Y)

Largest decline over 1 year

-52.26%

-42.86%

-9.40%

Max Drawdown (3Y)

Largest decline over 3 years

-52.26%

Current Drawdown

Current decline from peak

-51.62%

-40.17%

-11.45%

Average Drawdown

Average peak-to-trough decline

-31.16%

-18.38%

-12.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

31.58%

23.66%

+7.92%

Volatility

FBTC.TO vs. BCCC - Volatility Comparison

Fidelity Advantage Bitcoin ETF (FBTC.TO) has a higher volatility of 13.31% compared to Global X Bitcoin Covered Call ETF (BCCC) at 10.91%. This indicates that FBTC.TO's price experiences larger fluctuations and is considered to be riskier than BCCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading charts...

Volatility by Period


FBTC.TOBCCCDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.31%

10.91%

+2.40%

Volatility (6M)

Calculated over the trailing 6-month period

33.64%

28.98%

+4.66%

Volatility (1Y)

Calculated over the trailing 1-year period

43.56%

35.80%

+7.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

52.28%

35.50%

+16.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

52.28%

35.50%

+16.78%

FBTC.TO vs. BCCC - Expense Ratio Comparison

FBTC.TO has a 0.40% expense ratio, which is lower than BCCC's 0.75% expense ratio.


Dividends

FBTC.TO vs. BCCC - Dividend Comparison

FBTC.TO has not paid dividends to shareholders, while BCCC's dividend yield for the trailing twelve months is around 66.44%.


PositionTTM2025
BCCC
Global X Bitcoin Covered Call ETF
66.44%29.55%
FBTC.TO
Fidelity Advantage Bitcoin ETF
0.00%0.00%

Frequently Asked Questions


With a correlation of 0.93, FBTC.TO and BCCC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, FBTC.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FBTC.TO is cheaper with a 0.40% expense ratio, compared with 0.75% for BCCC.

They also come from different issuers: Fidelity and Global X. Their fees differ too: 0.40% for FBTC.TO and 0.75% for BCCC.

Portfolio Optimizer

Find the right allocation for FBTC.TO and BCCC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer