LTCC vs. BFOC

Last updated Jun 23, 2026

LTCC (Canary Litecoin ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - LTCC is a Cryptocurrency fund actively managed by Canary Capital, while BFOC is a Defined Outcome fund actively managed by First Trust. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. LTCC charges 0.95%/yr vs 0.90%/yr for BFOC.

Performance

LTCC vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canary Litecoin ETF (LTCC) 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, LTCC achieves a -42.05% return, which is significantly lower than BFOC's -6.95% return.

LTCC

• 1D: 2.46%
• 1M: -16.18%
• YTD: -42.05%
• 6M: -42.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: 0.56%
• 1M: -0.38%
• YTD: -6.95%
• 6M: -7.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LTCC vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
LTCC Canary Litecoin ETF	-42.05%	-25.94%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-6.95%	-8.84%

Correlation

The correlation between LTCC and BFOC is 0.70, 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 Oct 28, 2025	0.70

Return for Risk

LTCC vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary Litecoin ETF (LTCC) 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

LTCC vs. BFOC - Drawdown Comparison

The maximum LTCC drawdown since its inception was -61.39%, which is greater than BFOC's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for LTCC and BFOC.

Drawdown Indicators

	LTCC	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-61.39%	-18.41%	-42.98%
Current Drawdown Current decline from peak	-58.65%	-17.81%	-40.84%
Average Drawdown Average peak-to-trough decline	-39.30%	-12.81%	-26.49%

Volatility

Volatility by Period

	LTCC	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	63.64%	12.33%	+51.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.64%	12.33%	+51.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.64%	12.33%	+51.31%

LTCC vs. BFOC - Expense Ratio Comparison

LTCC has a 0.95% expense ratio, which is higher than BFOC's 0.90% expense ratio.

Dividends

LTCC vs. BFOC - Dividend Comparison

Neither LTCC nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LTCC and BFOC in my portfolio?

LTCC and BFOC 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, LTCC or BFOC?

On fees, BFOC is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LTCC or BFOC?

BFOC is cheaper with a 0.90% expense ratio, compared with 0.95% for LTCC.

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

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

What is the main difference between LTCC and BFOC?

LTCC is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: Canary Capital and First Trust. Their fees differ too: 0.95% for LTCC and 0.90% for BFOC.