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XBTF vs. BITQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


XBTFBITQ

Correlation

-0.50.00.51.00.6

The correlation between XBTF and BITQ is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

XBTF vs. BITQ - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember0
94.04%
XBTF
BITQ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XBTF vs. BITQ - Expense Ratio Comparison

XBTF has a 0.65% expense ratio, which is lower than BITQ's 0.85% expense ratio.


BITQ
Bitwise Crypto Industry Innovators ETF
Expense ratio chart for BITQ: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for XBTF: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

XBTF vs. BITQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Bitcoin Strategy ETF (XBTF) and Bitwise Crypto Industry Innovators ETF (BITQ). 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.


XBTF
Sharpe ratio
The chart of Sharpe ratio for XBTF, currently valued at 0.44, compared to the broader market-2.000.002.004.006.000.44
Sortino ratio
The chart of Sortino ratio for XBTF, currently valued at 0.80, compared to the broader market0.005.0010.000.80
Omega ratio
The chart of Omega ratio for XBTF, currently valued at 1.19, compared to the broader market1.001.502.002.503.001.19
Calmar ratio
The chart of Calmar ratio for XBTF, currently valued at 0.19, compared to the broader market0.005.0010.0015.000.19
Martin ratio
The chart of Martin ratio for XBTF, currently valued at 1.28, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.28
BITQ
Sharpe ratio
The chart of Sharpe ratio for BITQ, currently valued at 2.72, compared to the broader market-2.000.002.004.006.002.72
Sortino ratio
The chart of Sortino ratio for BITQ, currently valued at 3.19, compared to the broader market0.005.0010.003.19
Omega ratio
The chart of Omega ratio for BITQ, currently valued at 1.36, compared to the broader market1.001.502.002.503.001.36
Calmar ratio
The chart of Calmar ratio for BITQ, currently valued at 2.44, compared to the broader market0.005.0010.0015.002.44
Martin ratio
The chart of Martin ratio for BITQ, currently valued at 10.89, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.89

XBTF vs. BITQ - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.44
2.72
XBTF
BITQ

Dividends

XBTF vs. BITQ - Dividend Comparison

XBTF has not paid dividends to shareholders, while BITQ's dividend yield for the trailing twelve months is around 0.84%.


TTM202320222021
XBTF
VanEck Bitcoin Strategy ETF
101.35%0.18%0.00%0.00%
BITQ
Bitwise Crypto Industry Innovators ETF
0.84%1.51%0.00%3.12%

Drawdowns

XBTF vs. BITQ - Drawdown Comparison


-70.00%-60.00%-50.00%-40.00%-30.00%JuneJulyAugustSeptemberOctoberNovember
-38.45%
-33.93%
XBTF
BITQ

Volatility

XBTF vs. BITQ - Volatility Comparison

The current volatility for VanEck Bitcoin Strategy ETF (XBTF) is 0.00%, while Bitwise Crypto Industry Innovators ETF (BITQ) has a volatility of 26.13%. This indicates that XBTF experiences smaller price fluctuations and is considered to be less risky than BITQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember0
26.13%
XBTF
BITQ