VAVX vs. BTC
VAVX (VanEck Avalanche ETF) and BTC (Grayscale Bitcoin Mini Trust ETF) are both Cryptocurrency funds. VAVX is passively managed, while BTC is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. VAVX charges 0.20%/yr vs 0.15%/yr for BTC.
Performance
VAVX vs. BTC - Performance Comparison
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Returns By Period
VAVX
- 1D
- -3.50%
- 1M
- -12.79%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTC
- 1D
- -2.73%
- 1M
- -18.40%
- YTD
- -25.36%
- 6M
- -29.74%
- 1Y
- -38.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VAVX vs. BTC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
VAVX VanEck Avalanche ETF | -30.30% |
BTC Grayscale Bitcoin Mini Trust ETF | -25.39% |
Correlation
The correlation between VAVX and BTC is 0.84, 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 Jan 27, 2026 | 0.84 |
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Return for Risk
VAVX vs. BTC — Risk / Return Rank
VAVX
BTC
VAVX vs. BTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Avalanche ETF (VAVX) and Grayscale Bitcoin Mini Trust ETF (BTC). 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.
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Sharpe Ratios by Period
| VAVX | BTC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.98 | -0.00 | -0.97 |
Drawdowns
VAVX vs. BTC - Drawdown Comparison
The maximum VAVX drawdown since its inception was -32.73%, smaller than the maximum BTC drawdown of -49.34%. Use the drawdown chart below to compare losses from any high point for VAVX and BTC.
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Drawdown Indicators
| VAVX | BTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.73% | -49.34% | +16.61% |
Max Drawdown (1Y)Largest decline over 1 year | — | -49.34% | — |
Current DrawdownCurrent decline from peak | -32.73% | -47.98% | +15.25% |
Average DrawdownAverage peak-to-trough decline | -21.87% | -16.61% | -5.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.38% | — |
Volatility
VAVX vs. BTC - Volatility Comparison
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Volatility by Period
| VAVX | BTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.40% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 34.45% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 65.98% | 43.69% | +22.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.98% | 48.30% | +17.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.98% | 48.30% | +17.68% |
VAVX vs. BTC - Expense Ratio Comparison
VAVX has a 0.20% expense ratio, which is higher than BTC's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VAVX vs. BTC - Dividend Comparison
Neither VAVX nor BTC has paid dividends to shareholders.
Frequently Asked Questions
VAVX and BTC have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BTC is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BTC is cheaper with a 0.15% expense ratio, compared with 0.20% for VAVX.
VAVX and BTC have nearly identical dividend yields, around 0.00%.
They also come from different issuers: VanEck and Grayscale. Their fees differ too: 0.20% for VAVX and 0.15% for BTC.
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