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

Performance

XBTF vs. BITQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Bitcoin Strategy ETF (XBTF) and Bitwise Crypto Industry Innovators ETF (BITQ). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember0
67.53%
XBTF
BITQ

Returns By Period


XBTF

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

BITQ

YTD

78.95%

1M

36.90%

6M

67.53%

1Y

173.95%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


XBTFBITQ

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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%

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.

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.


Sharpe ratio
The chart of Sharpe ratio for XBTF, currently valued at 0.46, compared to the broader market0.002.004.000.462.47
The chart of Sortino ratio for XBTF, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.0010.0012.000.813.00
The chart of Omega ratio for XBTF, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.34
The chart of Calmar ratio for XBTF, currently valued at 0.18, compared to the broader market0.005.0010.0015.000.182.31
The chart of Martin ratio for XBTF, currently valued at 1.17, compared to the broader market0.0020.0040.0060.0080.00100.001.179.94
XBTF
BITQ

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.46
2.47
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%
-34.43%
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 28.38%. 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%30.00%JuneJulyAugustSeptemberOctoberNovember0
28.38%
XBTF
BITQ