KTUP vs. BITK

Last updated Jun 24, 2026

KTUP (T-Rex 2X Long KTOS Daily Target ETF) and BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) are both exchange-traded funds - KTUP is a Leveraged Equities fund actively managed by Tuttle Capital Management, while BITK is a Derivative Income fund actively managed by Tuttle Capital Management. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. KTUP charges 1.50%/yr vs 0.99%/yr for BITK.

Performance

KTUP vs. BITK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long KTOS Daily Target ETF (KTUP) and Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KTUP achieves a -70.54% return, which is significantly lower than BITK's -32.04% return.

KTUP

• 1D: -1.16%
• 1M: -23.79%
• YTD: -70.54%
• 6M: -74.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITK

• 1D: -3.11%
• 1M: -18.15%
• YTD: -32.04%
• 6M: -32.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KTUP vs. BITK - Yearly Performance Comparison

	2026 (YTD)	2025
KTUP T-Rex 2X Long KTOS Daily Target ETF	-70.54%	-31.77%
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-32.04%	-27.15%

Correlation

The correlation between KTUP and BITK is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.39

Return for Risk

KTUP vs. BITK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long KTOS Daily Target ETF (KTUP) and Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK). 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

KTUP vs. BITK - Drawdown Comparison

The maximum KTUP drawdown since its inception was -89.57%, which is greater than BITK's maximum drawdown of -56.28%. Use the drawdown chart below to compare losses from any high point for KTUP and BITK.

Drawdown Indicators

	KTUP	BITK	Difference
Max Drawdown Largest peak-to-trough decline	-89.57%	-56.28%	-33.29%
Current Drawdown Current decline from peak	-89.57%	-54.86%	-34.71%
Average Drawdown Average peak-to-trough decline	-53.18%	-36.01%	-17.17%

Volatility

Volatility by Period

	KTUP	BITK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	152.80%	49.31%	+103.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	152.80%	49.31%	+103.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	152.80%	49.31%	+103.49%

KTUP vs. BITK - Expense Ratio Comparison

KTUP has a 1.50% expense ratio, which is higher than BITK's 0.99% expense ratio.

Dividends

KTUP vs. BITK - Dividend Comparison

KTUP's dividend yield for the trailing twelve months is around 7.23%, less than BITK's 48.83% yield.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	48.83%	23.15%
KTUP T-Rex 2X Long KTOS Daily Target ETF	7.23%	2.13%

Frequently Asked Questions

Can I hold both KTUP and BITK in my portfolio?

KTUP and BITK have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KTUP or BITK?

On fees, BITK is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KTUP or BITK?

BITK is cheaper with a 0.99% expense ratio, compared with 1.50% for KTUP.

Which ETF pays a higher dividend yield, KTUP or BITK?

BITK has the higher dividend yield at 48.83%, compared with 7.23% for KTUP.

What is the main difference between KTUP and BITK?

KTUP is categorized as Leveraged Equities, while BITK is Derivative Income. Their fees differ too: 1.50% for KTUP and 0.99% for BITK.