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SATO vs. BITX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SATO and BITX is 0.32, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

SATO vs. BITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Alerian Galaxy Crypto Economy ETF (SATO) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%NovemberDecember2025FebruaryMarchApril
110.20%
242.03%
SATO
BITX

Key characteristics

Sharpe Ratio

SATO:

0.56

BITX:

0.25

Sortino Ratio

SATO:

1.21

BITX:

1.17

Omega Ratio

SATO:

1.14

BITX:

1.14

Calmar Ratio

SATO:

0.58

BITX:

0.46

Martin Ratio

SATO:

1.79

BITX:

0.93

Ulcer Index

SATO:

19.72%

BITX:

30.20%

Daily Std Dev

SATO:

63.12%

BITX:

110.05%

Max Drawdown

SATO:

-88.01%

BITX:

-61.28%

Current Drawdown

SATO:

-41.14%

BITX:

-35.31%

Returns By Period

In the year-to-date period, SATO achieves a -16.91% return, which is significantly lower than BITX's -11.81% return.


SATO

YTD

-16.91%

1M

10.29%

6M

-2.26%

1Y

35.27%

5Y*

N/A

10Y*

N/A

BITX

YTD

-11.81%

1M

22.88%

6M

41.32%

1Y

29.15%

5Y*

N/A

10Y*

N/A

*Annualized

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SATO vs. BITX - Expense Ratio Comparison

SATO has a 0.60% expense ratio, which is lower than BITX's 1.85% expense ratio.


Expense ratio chart for BITX: current value is 1.85%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BITX: 1.85%
Expense ratio chart for SATO: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SATO: 0.60%

Risk-Adjusted Performance

SATO vs. BITX — Risk-Adjusted Performance Rank

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

SATO
The Risk-Adjusted Performance Rank of SATO is 6666
Overall Rank
The Sharpe Ratio Rank of SATO is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of SATO is 7474
Sortino Ratio Rank
The Omega Ratio Rank of SATO is 6767
Omega Ratio Rank
The Calmar Ratio Rank of SATO is 6868
Calmar Ratio Rank
The Martin Ratio Rank of SATO is 5757
Martin Ratio Rank

BITX
The Risk-Adjusted Performance Rank of BITX is 5656
Overall Rank
The Sharpe Ratio Rank of BITX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of BITX is 7474
Sortino Ratio Rank
The Omega Ratio Rank of BITX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of BITX is 6060
Calmar Ratio Rank
The Martin Ratio Rank of BITX is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SATO vs. BITX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Alerian Galaxy Crypto Economy ETF (SATO) 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.


The chart of Sharpe ratio for SATO, currently valued at 0.56, compared to the broader market-1.000.001.002.003.004.00
SATO: 0.56
BITX: 0.25
The chart of Sortino ratio for SATO, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.00
SATO: 1.21
BITX: 1.17
The chart of Omega ratio for SATO, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
SATO: 1.14
BITX: 1.14
The chart of Calmar ratio for SATO, currently valued at 0.76, compared to the broader market0.002.004.006.008.0010.0012.00
SATO: 0.76
BITX: 0.46
The chart of Martin ratio for SATO, currently valued at 1.79, compared to the broader market0.0020.0040.0060.00
SATO: 1.79
BITX: 0.93

The current SATO Sharpe Ratio is 0.56, which is higher than the BITX Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of SATO and BITX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.56
0.25
SATO
BITX

Dividends

SATO vs. BITX - Dividend Comparison

SATO's dividend yield for the trailing twelve months is around 19.67%, more than BITX's 13.86% yield.


TTM2024202320222021
SATO
Invesco Alerian Galaxy Crypto Economy ETF
19.67%15.02%2.22%8.99%0.73%
BITX
Volatility Shares 2x Bitcoin Strategy ETF
13.86%10.71%0.00%0.00%0.00%

Drawdowns

SATO vs. BITX - Drawdown Comparison

The maximum SATO drawdown since its inception was -88.01%, which is greater than BITX's maximum drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for SATO and BITX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-31.97%
-35.31%
SATO
BITX

Volatility

SATO vs. BITX - Volatility Comparison

The current volatility for Invesco Alerian Galaxy Crypto Economy ETF (SATO) is 22.12%, while Volatility Shares 2x Bitcoin Strategy ETF (BITX) has a volatility of 33.45%. This indicates that SATO experiences smaller price fluctuations and is considered to be less risky than BITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
22.12%
33.45%
SATO
BITX