FLTR vs. HODL
FLTR (VanEck IG Floating Rate ETF) and HODL (VanEck Bitcoin Trust) are both exchange-traded funds - FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index, while HODL is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, FLTR returned 5.05% vs -44.07% for HODL. Their 0.10 correlation means their historical movements had little consistent relationship. FLTR charges 0.14%/yr vs 0.25%/yr for HODL.
Performance
FLTR vs. HODL - Performance Comparison
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Returns By Period
In the year-to-date period, FLTR achieves a 2.78% return, which is significantly higher than HODL's -26.57% return.
FLTR
- 1D
- 0.08%
- 1M
- 0.35%
- 6M
- 2.28%
- YTD
- 2.78%
- 1Y
- 5.05%
- 3Y*
- 5.95%
- 5Y*
- 4.64%
- 10Y*
- 3.52%
- ALL TIME*
- 2.56%
HODL
- 1D
- 0.61%
- 1M
- 4.55%
- 6M
- -15.93%
- YTD
- -26.57%
- 1Y
- -44.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.31%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $37.49M | $34.31M | $28.87M | |
| $20.41M | $18.41M | $23.25M |
FLTR vs. HODL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FLTR VanEck IG Floating Rate ETF | 2.78% | 5.22% | 7.10% |
HODL VanEck Bitcoin Trust | -26.57% | -6.42% | 91.50% |
Correlation
The correlation between FLTR and HODL is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.10 |
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Return for Risk
FLTR vs. HODL — Risk / Return Rank
FLTR
HODL
FLTR vs. HODL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck IG Floating Rate ETF (FLTR) and VanEck Bitcoin Trust (HODL). 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.
| FLTR | HODL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.40 | ||
| Sortino ratioReturn per unit of downside risk | +13.41 | ||
| Omega ratioGain probability vs. loss probability | 2.96 | 0.84 | +2.13 |
| Calmar ratioReturn relative to maximum drawdown | 16.18 | -0.83 | +17.02 |
| Martin ratioReturn relative to average drawdown | 95.52 | -1.27 | +96.79 |
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Drawdowns
FLTR vs. HODL - Drawdown Comparison
The maximum FLTR drawdown since its inception was -17.84%, smaller than the maximum HODL drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for FLTR and HODL.
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Drawdown Indicators
| FLTR | HODL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.84% | -53.20% | +35.36% |
Max Drawdown (1Y)Largest decline over 1 year | -0.31% | -53.20% | +52.89% |
Max Drawdown (3Y)Largest decline over 3 years | -1.93% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -3.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.84% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -48.83% | +48.83% |
Average DrawdownAverage peak-to-trough decline | -0.66% | -18.27% | +17.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 34.83% | -34.78% |
Volatility
FLTR vs. HODL - Volatility Comparison
The current volatility for VanEck IG Floating Rate ETF (FLTR) is 0.18%, while VanEck Bitcoin Trust (HODL) has a volatility of 8.22%. This indicates that FLTR experiences smaller price fluctuations and is considered to be less risky than HODL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLTR | HODL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.18% | 8.22% | -8.04% |
Volatility (6M)Calculated over the trailing 6-month period | 0.64% | 33.02% | -32.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.79% | 44.25% | -43.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.13% | 49.21% | -47.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 49.21% | -44.21% |
FLTR vs. HODL - Expense Ratio Comparison
FLTR has a 0.14% expense ratio, which is lower than HODL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FLTR vs. HODL - Dividend Comparison
FLTR's dividend yield for the trailing twelve months is around 4.57%, while HODL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTR VanEck IG Floating Rate ETF | 4.57% | 4.97% | 5.93% | 6.07% | 2.29% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% |
HODL VanEck Bitcoin Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLTR and HODL have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HODL has higher volatility (8.22%) compared to FLTR (0.18%). In terms of maximum drawdown, FLTR dropped -17.84% vs HODL's -53.20%.
On 1-year performance, FLTR leads with 5.05% vs -44.07% for HODL. On fees, FLTR is cheaper at 0.14% per year. On volatility, FLTR has been the lower-risk option at 0.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FLTR has performed better with a 5.05% return vs -44.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLTR is cheaper with a 0.14% expense ratio, compared with 0.25% for HODL.
FLTR has the higher dividend yield at 4.57%, compared with 0.00% for HODL.
FLTR is categorized as Corporate Bonds, while HODL is Cryptocurrency. FLTR tracks MVIS US Investment Grade Floating Rate Index, while HODL tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.14% for FLTR and 0.25% for HODL.
FLTR currently has the higher Sharpe Ratio (6.40 vs -1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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