TDOT vs. BFOC

Last updated Jun 23, 2026

TDOT (21Shares Polkadot ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - TDOT is a Cryptocurrency fund tracking the DOT/USD Exchange Rate - Benchmark Price Return, while BFOC is a Defined Outcome fund actively managed by First Trust. TDOT is passively managed, while BFOC is actively managed. At a 0.50 correlation, their price movements are largely independent. TDOT charges 0.30%/yr vs 0.90%/yr for BFOC.

Performance

TDOT vs. BFOC - Performance Comparison

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

Returns By Period

TDOT

• 1D: -2.07%
• 1M: -26.15%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: 0.56%
• 1M: -0.38%
• YTD: -6.95%
• 6M: -7.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDOT vs. BFOC - Yearly Performance Comparison

	2026 (YTD)
TDOT 21Shares Polkadot ETF	-34.92%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-2.06%

Correlation

The correlation between TDOT and BFOC is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 6, 2026	0.50

Return for Risk

TDOT vs. BFOC - Risk-Adjusted Trends Comparison

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

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

TDOT vs. BFOC - Drawdown Comparison

The maximum TDOT drawdown since its inception was -42.26%, which is greater than BFOC's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for TDOT and BFOC.

Drawdown Indicators

	TDOT	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-42.26%	-18.41%	-23.85%
Current Drawdown Current decline from peak	-40.94%	-17.81%	-23.13%
Average Drawdown Average peak-to-trough decline	-21.17%	-12.81%	-8.36%

Volatility

Volatility by Period

	TDOT	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	64.94%	12.33%	+52.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.94%	12.33%	+52.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.94%	12.33%	+52.61%

TDOT vs. BFOC - Expense Ratio Comparison

TDOT has a 0.30% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

TDOT vs. BFOC - Dividend Comparison

TDOT's dividend yield for the trailing twelve months is around 0.80%, while BFOC has not paid dividends to shareholders.

Position	TTM
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	0.00%
TDOT 21Shares Polkadot ETF	0.80%

Frequently Asked Questions

Can I hold both TDOT and BFOC in my portfolio?

TDOT and BFOC have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDOT or BFOC?

On fees, TDOT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDOT or BFOC?

TDOT is cheaper with a 0.30% expense ratio, compared with 0.90% for BFOC.

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

TDOT has the higher dividend yield at 0.80%, compared with 0.00% for BFOC.

What is the main difference between TDOT and BFOC?

TDOT is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: 21Shares and First Trust. Their fees differ too: 0.30% for TDOT and 0.90% for BFOC.