SBTU vs. BITK

Last updated Jun 23, 2026

SBTU (T-Rex 2X Long SBET Daily Target ETF) and BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) are both exchange-traded funds - SBTU 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. Their correlation of 0.82 suggests significant overlap in exposure. SBTU charges 1.50%/yr vs 0.99%/yr for BITK.

Performance

SBTU vs. BITK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long SBET Daily Target ETF (SBTU) 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, SBTU achieves a -75.55% return, which is significantly lower than BITK's -29.86% return.

SBTU

• 1D: 0.00%
• 1M: -30.51%
• YTD: -75.55%
• 6M: -78.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITK

• 1D: 2.34%
• 1M: -15.53%
• YTD: -29.86%
• 6M: -30.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SBTU vs. BITK - Yearly Performance Comparison

	2026 (YTD)	2025
SBTU T-Rex 2X Long SBET Daily Target ETF	-75.55%	-67.09%
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-29.86%	-24.96%

Correlation

The correlation between SBTU and BITK is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 21, 2025	0.82

Return for Risk

SBTU vs. BITK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long SBET Daily Target ETF (SBTU) 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

SBTU vs. BITK - Drawdown Comparison

The maximum SBTU drawdown since its inception was -92.38%, which is greater than BITK's maximum drawdown of -56.28%. Use the drawdown chart below to compare losses from any high point for SBTU and BITK.

Drawdown Indicators

	SBTU	BITK	Difference
Max Drawdown Largest peak-to-trough decline	-92.38%	-56.28%	-36.10%
Current Drawdown Current decline from peak	-92.02%	-53.41%	-38.61%
Average Drawdown Average peak-to-trough decline	-69.79%	-35.91%	-33.88%

Volatility

Volatility by Period

	SBTU	BITK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	160.23%	49.33%	+110.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	160.23%	49.33%	+110.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	160.23%	49.33%	+110.90%

SBTU vs. BITK - Expense Ratio Comparison

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

Dividends

SBTU vs. BITK - Dividend Comparison

SBTU has not paid dividends to shareholders, while BITK's dividend yield for the trailing twelve months is around 47.31%.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	47.31%	23.15%
SBTU T-Rex 2X Long SBET Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both SBTU and BITK in my portfolio?

SBTU and BITK have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SBTU 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, SBTU or BITK?

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

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

BITK has the higher dividend yield at 47.31%, compared with 0.00% for SBTU.

What is the main difference between SBTU and BITK?

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