GDOG vs. BFOC

Last updated Jun 25, 2026

GDOG (Grayscale Dogecoin Trust ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - GDOG is a Cryptocurrency fund tracking the CoinDesk Dogecoin Blended Reference Rate Index, while BFOC is a Defined Outcome fund actively managed by First Trust. GDOG is passively managed, while BFOC is actively managed. A 0.69 correlation means they provide meaningful diversification when combined. GDOG charges 0.35%/yr vs 0.90%/yr for BFOC.

Performance

GDOG vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Dogecoin Trust ETF (GDOG) 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, GDOG achieves a -37.04% return, which is significantly lower than BFOC's -7.51% return.

GDOG

• 1D: -5.88%
• 1M: -28.52%
• YTD: -37.04%
• 6M: -42.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: 0.07%
• 1M: -0.98%
• YTD: -7.51%
• 6M: -7.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDOG vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
GDOG Grayscale Dogecoin Trust ETF	-37.04%	-19.74%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.51%	0.49%

Correlation

The correlation between GDOG and BFOC is 0.69, 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 Nov 24, 2025	0.69

Return for Risk

GDOG vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Dogecoin Trust ETF (GDOG) 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.

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.

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

Drawdowns

GDOG vs. BFOC - Drawdown Comparison

The maximum GDOG drawdown since its inception was -52.59%, which is greater than BFOC's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for GDOG and BFOC.

Drawdown Indicators

	GDOG	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-52.59%	-18.41%	-34.18%
Current Drawdown Current decline from peak	-52.59%	-18.31%	-34.28%
Average Drawdown Average peak-to-trough decline	-29.97%	-12.87%	-17.10%

Volatility

Volatility by Period

	GDOG	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.20%	12.28%	+60.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.20%	12.28%	+60.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.20%	12.28%	+60.92%

GDOG vs. BFOC - Expense Ratio Comparison

GDOG has a 0.35% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

GDOG vs. BFOC - Dividend Comparison

Neither GDOG nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GDOG and BFOC in my portfolio?

GDOG and BFOC have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDOG or BFOC?

On fees, GDOG is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDOG or BFOC?

GDOG is cheaper with a 0.35% expense ratio, compared with 0.90% for BFOC.

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

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

What is the main difference between GDOG and BFOC?

GDOG is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: Grayscale and First Trust. Their fees differ too: 0.35% for GDOG and 0.90% for BFOC.