GLXU vs. BTCZ

Last updated Jun 25, 2026

GLXU (T-REX 2X Long GLXY Daily Target ETF) and BTCZ (T-Rex 2X Inverse Bitcoin Daily Target ETF) are both exchange-traded funds - GLXU is a Leveraged Equities fund actively managed by T-Rex, while BTCZ is a Cryptocurrency fund actively managed by T-Rex. Both are actively managed. At a correlation of -0.70, they often move in opposite directions. GLXU charges 1.50%/yr vs 0.95%/yr for BTCZ.

Performance

GLXU vs. BTCZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long GLXY Daily Target ETF (GLXU) and T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLXU achieves a -4.97% return, which is significantly lower than BTCZ's 52.26% return.

GLXU

• 1D: -17.15%
• 1M: -10.12%
• YTD: -4.97%
• 6M: -21.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCZ

• 1D: 8.09%
• 1M: 51.90%
• YTD: 52.26%
• 6M: 51.36%
• 1Y: 80.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLXU vs. BTCZ - Yearly Performance Comparison

	2026 (YTD)	2025
GLXU T-REX 2X Long GLXY Daily Target ETF	-4.97%	-55.12%
BTCZ T-Rex 2X Inverse Bitcoin Daily Target ETF	52.26%	50.38%

Correlation

The correlation between GLXU and BTCZ is -0.70, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 8, 2025	-0.70

Return for Risk

GLXU vs. BTCZ — Risk / Return Rank

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

GLXU

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

BTCZ

BTCZ Risk / Return Rank: 31
BTCZ Sharpe Ratio Rank: 27
BTCZ Sortino Ratio Rank: 34
BTCZ Omega Ratio Rank: 32
BTCZ Calmar Ratio Rank: 36
BTCZ Martin Ratio Rank: 27

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.

GLXU vs. BTCZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long GLXY Daily Target ETF (GLXU) and T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ). 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.

	GLXU	BTCZ	Difference
Sharpe ratio: Return per unit of total volatility	—	0.91	—
Sortino ratio: Return per unit of downside risk	—	1.65	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.64	—
Martin ratio: Return relative to average drawdown	—	3.38	—

Drawdowns

GLXU vs. BTCZ - Drawdown Comparison

The maximum GLXU drawdown since its inception was -90.66%, roughly equal to the maximum BTCZ drawdown of -91.06%. Use the drawdown chart below to compare losses from any high point for GLXU and BTCZ.

Drawdown Indicators

	GLXU	BTCZ	Difference
Max Drawdown Largest peak-to-trough decline	-90.66%	-91.06%	+0.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.02%	—
Current Drawdown Current decline from peak	-78.89%	-75.45%	-3.44%
Average Drawdown Average peak-to-trough decline	-57.88%	-73.68%	+15.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.81%	—

Volatility

Volatility by Period

	GLXU	BTCZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	68.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	182.06%	89.06%	+93.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	182.06%	97.16%	+84.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	182.06%	97.16%	+84.90%

GLXU vs. BTCZ - Expense Ratio Comparison

GLXU has a 1.50% expense ratio, which is higher than BTCZ's 0.95% expense ratio.

Dividends

GLXU vs. BTCZ - Dividend Comparison

GLXU's dividend yield for the trailing twelve months is around 7.85%, more than BTCZ's 0.01% yield.

Position	TTM	2025	2024
BTCZ T-Rex 2X Inverse Bitcoin Daily Target ETF	0.01%	0.02%	0.08%
GLXU T-REX 2X Long GLXY Daily Target ETF	7.85%	7.46%	0.00%

Frequently Asked Questions

Can I hold both GLXU and BTCZ in my portfolio?

GLXU and BTCZ have a correlation of -0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLXU or BTCZ?

On fees, BTCZ is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLXU or BTCZ?

BTCZ is cheaper with a 0.95% expense ratio, compared with 1.50% for GLXU.

Which ETF pays a higher dividend yield, GLXU or BTCZ?

GLXU has the higher dividend yield at 7.85%, compared with 0.01% for BTCZ.

What is the main difference between GLXU and BTCZ?

GLXU is categorized as Leveraged Equities, while BTCZ is Cryptocurrency. Their fees differ too: 1.50% for GLXU and 0.95% for BTCZ.