XBNB vs. BTCL

Last updated Aug 5, 2026

XBNB (Teucrium xETFs 2x Long Daily BNB ETF) and BTCL (T-REX 2X Long Bitcoin Daily Target ETF) are both Leveraged Cryptocurrency funds. XBNB is passively managed, while BTCL is actively managed. Their correlation of 0.80 means they have usually moved in the same direction. XBNB charges 1.89%/yr vs 0.95%/yr for BTCL.

Performance

XBNB vs. BTCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium xETFs 2x Long Daily BNB ETF (XBNB) and T-REX 2X Long Bitcoin Daily Target ETF (BTCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XBNB

• 1D: 0.71%
• 1M: 10.37%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BTCL

• 1D: 1.30%
• 1M: 7.51%
• 6M: -41.67%
• YTD: -56.96%
• 1Y: -78.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -26.85%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BTCL T-REX 2X Long Bitcoin Daily Target ETF	$864.64K	$868.11K	$1.24M
XBNB Teucrium xETFs 2x Long Daily BNB ETF	$4.00K	$3.54K	$6.15K

XBNB vs. BTCL - Yearly Performance Comparison

	2026 (YTD)
XBNB Teucrium xETFs 2x Long Daily BNB ETF	-18.70%
BTCL T-REX 2X Long Bitcoin Daily Target ETF	-35.39%

Correlation

The correlation between XBNB and BTCL is 0.80, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 28, 2026	0.80

Return for Risk

XBNB vs. BTCL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XBNB

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

BTCL

BTCL Risk / Return Rank: 2
BTCL Sharpe Ratio Rank: 2
BTCL Sortino Ratio Rank: 1
BTCL Omega Ratio Rank: 1
BTCL Calmar Ratio Rank: 1
BTCL Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XBNB vs. BTCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium xETFs 2x Long Daily BNB ETF (XBNB) and T-REX 2X Long Bitcoin Daily Target ETF (BTCL). 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.

	XBNB	BTCL	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.89	—
Sortino ratio: Return per unit of downside risk	—	-1.73	—
Omega ratio: Gain probability vs. loss probability	—	0.81	—
Calmar ratio: Return relative to maximum drawdown	—	-0.94	—
Martin ratio: Return relative to average drawdown	—	-1.30	—

Drawdowns

XBNB vs. BTCL - Drawdown Comparison

The maximum XBNB drawdown since its inception was -40.97%, smaller than the maximum BTCL drawdown of -84.01%. Use the drawdown chart below to compare losses from any high point for XBNB and BTCL.

Drawdown Indicators

	XBNB	BTCL	Difference
Max Drawdown Largest peak-to-trough decline	-40.97%	-84.01%	+43.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-84.01%	—
Current Drawdown Current decline from peak	-32.46%	-81.29%	+48.83%
Average Drawdown Average peak-to-trough decline	-22.96%	-37.93%	+14.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	60.42%	—

Volatility

Volatility by Period

	XBNB	BTCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	66.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	80.05%	88.55%	-8.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.05%	96.09%	-16.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.05%	96.09%	-16.04%

XBNB vs. BTCL - Expense Ratio Comparison

XBNB has a 1.89% expense ratio, which is higher than BTCL's 0.95% expense ratio.

Dividends

XBNB vs. BTCL - Dividend Comparison

XBNB's dividend yield for the trailing twelve months is around 0.01%, less than BTCL's 3.94% yield.

Position	TTM	2025	2024
BTCL T-REX 2X Long Bitcoin Daily Target ETF	3.94%	1.70%	4.35%
XBNB Teucrium xETFs 2x Long Daily BNB ETF	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XBNB and BTCL in my portfolio?

XBNB and BTCL have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XBNB or BTCL?

On fees, BTCL is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBNB or BTCL?

BTCL is cheaper with a 0.95% expense ratio, compared with 1.89% for XBNB.

Which ETF pays a higher dividend yield, XBNB or BTCL?

BTCL has the higher dividend yield at 3.94%, compared with 0.01% for XBNB.

What is the main difference between XBNB and BTCL?

They also come from different issuers: Teucrium and REX. Their fees differ too: 1.89% for XBNB and 0.95% for BTCL.