MSTU vs. BITX
Compare and contrast key facts about T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Volatility Shares 2x Bitcoin Strategy ETF (BITX).
MSTU and BITX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSTU is an actively managed fund by T-Rex. It was launched on Sep 18, 2024. BITX is an actively managed fund by Volatility Shares. It was launched on Jun 27, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTU or BITX.
Key characteristics
| MSTU | BITX | |
|---|---|---|
| Daily Std Dev | 210.97% | 115.22% |
| Max Drawdown | -26.25% | -61.28% |
| Current Drawdown | -16.33% | -5.42% |
Correlation
The correlation between MSTU and BITX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MSTU vs. BITX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MSTU vs. BITX - Expense Ratio Comparison
MSTU has a 1.05% expense ratio, which is lower than BITX's 1.85% expense ratio.
Risk-Adjusted Performance
MSTU vs. BITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). 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.
Not enough dataDividends
MSTU vs. BITX - Dividend Comparison
MSTU has not paid dividends to shareholders, while BITX's dividend yield for the trailing twelve months is around 8.69%.
| TTM | |
|---|---|
MSTU T-Rex 2X Long MSTR Daily Target ETF | 0.00% |
BITX Volatility Shares 2x Bitcoin Strategy ETF | 8.69% |
Drawdowns
MSTU vs. BITX - Drawdown Comparison
The maximum MSTU drawdown since its inception was -26.25%, smaller than the maximum BITX drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for MSTU and BITX. For additional features, visit the drawdowns tool.
Volatility
MSTU vs. BITX - Volatility Comparison
T-Rex 2X Long MSTR Daily Target ETF (MSTU) has a higher volatility of 62.43% compared to Volatility Shares 2x Bitcoin Strategy ETF (BITX) at 35.80%. This indicates that MSTU's price experiences larger fluctuations and is considered to be riskier than BITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.