IMST vs. ARR

Last updated Apr 1, 2026

Compare and contrast key facts about Bitwise Funds Trust (IMST) and ARMOUR Residential REIT, Inc. (ARR).

IMST is an actively managed fund by Bitwise. It was launched on Apr 1, 2025.

Performance

IMST vs. ARR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Funds Trust (IMST) and ARMOUR Residential REIT, Inc. (ARR). The values are adjusted to include any dividend payments, if applicable.

IMST vs. ARR - Yearly Performance Comparison

	2026 (YTD)	2025
IMST Bitwise Funds Trust	-6.63%	-44.26%
ARR ARMOUR Residential REIT, Inc.	-1.85%	23.56%

Returns By Period

In the year-to-date period, IMST achieves a -6.63% return, which is significantly lower than ARR's -1.85% return.

IMST

• 1D: 2.70%
• 1M: -2.43%
• YTD: -6.63%
• 6M: -52.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARR

• 1D: 3.28%
• 1M: -5.75%
• YTD: -1.85%
• 6M: 21.47%
• 1Y: 16.31%
• 3Y*: 2.34%
• 5Y*: -9.20%
• 10Y*: -5.05%

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

Return for Risk

IMST vs. ARR — Risk / Return Rank

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

ARR

ARR Risk / Return Rank: 61
ARR Sharpe Ratio Rank: 64
ARR Sortino Ratio Rank: 55
ARR Omega Ratio Rank: 56
ARR Calmar Ratio Rank: 63
ARR Martin Ratio Rank: 65

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.

IMST vs. ARR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Funds Trust (IMST) and ARMOUR Residential REIT, Inc. (ARR). 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.

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

Sharpe Ratios by Period

	IMST	ARR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.61	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.32	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	-0.12	-0.67

Correlation

The correlation between IMST and ARR is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IMST vs. ARR - Dividend Comparison

IMST's dividend yield for the trailing twelve months is around 256.65%, more than ARR's 17.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IMST Bitwise Funds Trust	256.65%	195.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ARR ARMOUR Residential REIT, Inc.	17.27%	16.28%	15.27%	25.88%	21.31%	12.23%	11.12%	12.09%	11.12%	8.86%	13.92%	17.88%

Drawdowns

IMST vs. ARR - Drawdown Comparison

The maximum IMST drawdown since its inception was -69.86%, smaller than the maximum ARR drawdown of -80.12%. Use the drawdown chart below to compare losses from any high point for IMST and ARR.

Drawdown Indicators

	IMST	ARR	Difference
Max Drawdown Largest peak-to-trough decline	-69.86%	-80.12%	+10.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-67.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-78.34%	—
Current Drawdown Current decline from peak	-63.47%	-63.39%	-0.08%
Average Drawdown Average peak-to-trough decline	-31.01%	-32.85%	+1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.50%	—

Volatility

Volatility by Period

	IMST	ARR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	61.92%	27.08%	+34.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.92%	28.90%	+33.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.92%	34.17%	+27.75%