TDOG vs. BFOC

Last updated Jun 5, 2026

TDOG (21Shares Dogecoin ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - TDOG is a Cryptocurrency fund tracking the Dogecoin (DOGE), while BFOC is a Defined Outcome fund actively managed by First Trust. TDOG is passively managed, while BFOC is actively managed. A 0.69 correlation means they provide meaningful diversification when combined. TDOG charges 0.50%/yr vs 0.90%/yr for BFOC.

Performance

TDOG vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Dogecoin ETF (TDOG) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDOG

• 1D: -3.04%
• 1M: -21.68%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: 0.00%
• 1M: -3.29%
• YTD: -7.39%
• 6M: -9.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDOG vs. BFOC - Yearly Performance Comparison

	2026 (YTD)
TDOG 21Shares Dogecoin ETF	-28.44%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.93%

Correlation

The correlation between TDOG and BFOC is 0.69, 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 Jan 23, 2026	0.69

Return for Risk

TDOG vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Dogecoin ETF (TDOG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TDOG	BFOC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.90	-1.87	+0.97

Drawdowns

TDOG vs. BFOC - Drawdown Comparison

The maximum TDOG drawdown since its inception was -29.43%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for TDOG and BFOC.

Drawdown Indicators

	TDOG	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-29.43%	-18.20%	-11.23%
Current Drawdown Current decline from peak	-29.43%	-18.20%	-11.23%
Average Drawdown Average peak-to-trough decline	-20.56%	-12.55%	-8.01%

Volatility

Volatility by Period

	TDOG	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	66.93%	12.57%	+54.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.93%	12.57%	+54.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.93%	12.57%	+54.36%

TDOG vs. BFOC - Expense Ratio Comparison

TDOG has a 0.50% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

TDOG vs. BFOC - Dividend Comparison

Neither TDOG nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TDOG and BFOC in my portfolio?

TDOG and BFOC have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDOG or BFOC?

On fees, TDOG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDOG or BFOC?

TDOG is cheaper with a 0.50% expense ratio, compared with 0.90% for BFOC.

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

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

What is the main difference between TDOG and BFOC?

TDOG is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: 21Shares and First Trust. Their fees differ too: 0.50% for TDOG and 0.90% for BFOC.