SATO vs. CRPT

Last updated Jun 3, 2026

SATO (Invesco Alerian Galaxy Crypto Economy ETF) and CRPT (First Trust SkyBridge Crypto Industry & Digital Economy ETF) are both exchange-traded funds - SATO is a Cryptocurrency fund tracking the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index, while CRPT is a Technology Equities fund actively managed by First Trust. SATO is passively managed, while CRPT is actively managed. Over the past 3 years, SATO returned 46.97%/yr vs 38.83%/yr for CRPT. Their correlation of 0.92 suggests significant overlap in exposure. SATO charges 0.60%/yr vs 0.85%/yr for CRPT.

Performance

SATO vs. CRPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Alerian Galaxy Crypto Economy ETF (SATO) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SATO achieves a 6.41% return, which is significantly higher than CRPT's -7.86% return.

SATO

• 1D: -2.72%
• 1M: 5.43%
• YTD: 6.41%
• 6M: -5.78%
• 1Y: 16.97%
• 3Y*: 46.97%
• 5Y*: —
• 10Y*: —

CRPT

• 1D: -6.43%
• 1M: -6.05%
• YTD: -7.86%
• 6M: -18.17%
• 1Y: -27.58%
• 3Y*: 38.83%
• 5Y*: —
• 10Y*: —

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

SATO vs. CRPT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SATO Invesco Alerian Galaxy Crypto Economy ETF	6.41%	2.26%	55.25%	266.77%	-80.20%	-17.39%
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	-7.86%	-9.54%	75.29%	193.86%	-80.84%	-13.33%

Correlation

The correlation between SATO and CRPT is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since Oct 8, 2021	0.92

The correlation between SATO and CRPT has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

SATO vs. CRPT - Sectors Allocation Comparison

Sectors	SATO	CRPT
Financial Services	57.1%	75.0%
Technology	32.2%	10.0%
Consumer Cyclical	4.4%	19.0%
Communication Services	3.0%	5.0%
Industrials	1.9%	-
Utilities	1.5%	-
Healthcare	1.2%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-

Return for Risk

SATO vs. CRPT — Risk / Return Rank

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

SATO

SATO Risk / Return Rank: 14
SATO Sharpe Ratio Rank: 14
SATO Sortino Ratio Rank: 17
SATO Omega Ratio Rank: 16
SATO Calmar Ratio Rank: 13
SATO Martin Ratio Rank: 11

CRPT

CRPT Risk / Return Rank: 5
CRPT Sharpe Ratio Rank: 4
CRPT Sortino Ratio Rank: 5
CRPT Omega Ratio Rank: 5
CRPT Calmar Ratio Rank: 4
CRPT Martin Ratio Rank: 5

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.

SATO vs. CRPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Alerian Galaxy Crypto Economy ETF (SATO) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT). 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.

	SATO	CRPT	Difference
Sharpe ratio Return per unit of total volatility	0.33	-0.48	+0.81
Sortino ratio Return per unit of downside risk	0.83	-0.39	+1.22
Omega ratio Gain probability vs. loss probability	1.09	0.95	+0.14
Calmar ratio Return relative to maximum drawdown	0.35	-0.46	+0.81
Martin ratio Return relative to average drawdown	0.65	-0.81	+1.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SATO vs. CRPT - Sharpe Ratio Comparison

The current SATO Sharpe Ratio is 0.33, which is higher than the CRPT Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of SATO and CRPT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SATO	CRPT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	-0.48	+0.81
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	-0.08	+0.08

Drawdowns

SATO vs. CRPT - Drawdown Comparison

The maximum SATO drawdown since its inception was -88.00%, roughly equal to the maximum CRPT drawdown of -88.34%. Use the drawdown chart below to compare losses from any high point for SATO and CRPT.

Drawdown Indicators

	SATO	CRPT	Difference
Max Drawdown Largest peak-to-trough decline	-88.00%	-88.34%	+0.34%
Max Drawdown (1Y) Largest decline over 1 year	-53.49%	-56.46%	+2.97%
Max Drawdown (3Y) Largest decline over 3 years	-53.49%	-56.46%	+2.97%
Current Drawdown Current decline from peak	-34.80%	-46.53%	+11.73%
Average Drawdown Average peak-to-trough decline	-51.02%	-52.64%	+1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.07%	31.98%	-2.91%

Volatility

SATO vs. CRPT - Volatility Comparison

The current volatility for Invesco Alerian Galaxy Crypto Economy ETF (SATO) is 11.41%, while First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has a volatility of 13.58%. This indicates that SATO experiences smaller price fluctuations and is considered to be less risky than CRPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SATO	CRPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.41%	13.58%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	38.64%	45.97%	-7.33%
Volatility (1Y) Calculated over the trailing 1-year period	51.47%	57.54%	-6.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.29%	72.74%	-9.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.29%	72.74%	-9.45%

SATO vs. CRPT - Expense Ratio Comparison

SATO has a 0.60% expense ratio, which is lower than CRPT's 0.85% expense ratio.

Dividends

SATO vs. CRPT - Dividend Comparison

SATO's dividend yield for the trailing twelve months is around 7.41%, more than CRPT's 0.82% yield.

Position	TTM	2025	2024	2023	2022	2021
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	0.82%	0.75%	1.84%	0.00%	0.03%	1.16%
SATO Invesco Alerian Galaxy Crypto Economy ETF	7.41%	9.50%	15.03%	2.21%	8.97%	0.73%

Frequently Asked Questions

Can I hold both SATO and CRPT in my portfolio?

SATO and CRPT have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SATO or CRPT?

CRPT has higher volatility (13.58%) compared to SATO (11.41%). In terms of maximum drawdown, SATO dropped -88.00% vs CRPT's -88.34%.

Which ETF is better, SATO or CRPT?

On 3-year performance, SATO leads with 46.97% vs 38.83% for CRPT. On fees, SATO is cheaper at 0.60% per year. On volatility, SATO has been the lower-risk option at 11.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SATO or CRPT?

Over the 3-year period, SATO has performed better with a 46.97% return vs 38.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SATO or CRPT?

SATO is cheaper with a 0.60% expense ratio, compared with 0.85% for CRPT.

Which ETF pays a higher dividend yield, SATO or CRPT?

SATO has the higher dividend yield at 7.41%, compared with 0.82% for CRPT.

What is the main difference between SATO and CRPT?

SATO is categorized as Cryptocurrency, while CRPT is Technology Equities. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.60% for SATO and 0.85% for CRPT.

Which has better risk-adjusted returns?

SATO currently has the higher Sharpe Ratio (0.33 vs -0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.