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XBTF vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


XBTFBTC-USD

Correlation

-0.50.00.51.00.6

The correlation between XBTF and BTC-USD is 0.55, 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. BTC-USD - Performance Comparison

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


-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember0
44.10%
XBTF
BTC-USD

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Risk-Adjusted Performance

XBTF vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Bitcoin Strategy ETF (XBTF) and Bitcoin (BTC-USD). 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
No data
Calmar ratio
The chart of Calmar ratio for XBTF, currently valued at 0.00, compared to the broader market0.005.0010.0015.000.00
BTC-USD
Sharpe ratio
The chart of Sharpe ratio for BTC-USD, currently valued at 0.84, compared to the broader market-2.000.002.004.006.000.84
Sortino ratio
The chart of Sortino ratio for BTC-USD, currently valued at 1.51, compared to the broader market0.005.0010.001.51
Omega ratio
The chart of Omega ratio for BTC-USD, currently valued at 1.15, compared to the broader market1.001.502.002.503.001.15
Calmar ratio
The chart of Calmar ratio for BTC-USD, currently valued at 0.66, compared to the broader market0.005.0010.0015.000.66
Martin ratio
The chart of Martin ratio for BTC-USD, currently valued at 3.48, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.48

XBTF vs. BTC-USD - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-2.000.002.004.006.00JuneJulyAugustSeptemberOctoberNovember
1.20
0.84
XBTF
BTC-USD

Drawdowns

XBTF vs. BTC-USD - Drawdown Comparison


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-38.45%
0
XBTF
BTC-USD

Volatility

XBTF vs. BTC-USD - Volatility Comparison

The current volatility for VanEck Bitcoin Strategy ETF (XBTF) is 0.00%, while Bitcoin (BTC-USD) has a volatility of 16.04%. This indicates that XBTF experiences smaller price fluctuations and is considered to be less risky than BTC-USD 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%JuneJulyAugustSeptemberOctoberNovember0
16.04%
XBTF
BTC-USD