XBTY vs. BITC

Last updated Apr 1, 2026

Compare and contrast key facts about GraniteShares YieldBOOST Bitcoin ETF (XBTY) and Bitwise Bitcoin Strategy Optimum Roll ETF (BITC).

XBTY and BITC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBTY is an actively managed fund by GraniteShares. It was launched on May 12, 2025. BITC is an actively managed fund by Bitwise. It was launched on Mar 20, 2023.

Performance

XBTY vs. BITC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Bitcoin ETF (XBTY) and Bitwise Bitcoin Strategy Optimum Roll ETF (BITC). The values are adjusted to include any dividend payments, if applicable.

XBTY vs. BITC - Yearly Performance Comparison

	2026 (YTD)	2025
XBTY GraniteShares YieldBOOST Bitcoin ETF	-18.18%	-21.15%
BITC Bitwise Bitcoin Strategy Optimum Roll ETF	-0.11%	-21.20%

Returns By Period

In the year-to-date period, XBTY achieves a -18.18% return, which is significantly lower than BITC's -0.11% return.

XBTY

• 1D: 0.69%
• 1M: -0.90%
• YTD: -18.18%
• 6M: -39.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITC

• 1D: 0.24%
• 1M: 0.20%
• YTD: -0.11%
• 6M: -16.94%
• 1Y: -9.37%
• 3Y*: 30.50%
• 5Y*: —
• 10Y*: —

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

XBTY vs. BITC - Expense Ratio Comparison

XBTY has a 0.99% expense ratio, which is higher than BITC's 0.88% expense ratio.

XBTY

GraniteShares YieldBOOST Bitcoin ETF

BITC

Bitwise Bitcoin Strategy Optimum Roll ETF

Return for Risk

XBTY vs. BITC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BITC

BITC Risk / Return Rank: 6
BITC Sharpe Ratio Rank: 6
BITC Sortino Ratio Rank: 6
BITC Omega Ratio Rank: 5
BITC Calmar Ratio Rank: 6
BITC Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XBTY vs. BITC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Bitcoin ETF (XBTY) and Bitwise Bitcoin Strategy Optimum Roll ETF (BITC). 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.

Sharpe Ratios by Period

	XBTY	BITC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.34	0.64	-1.98

Correlation

The correlation between XBTY and BITC is 0.53, 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.

Dividends

XBTY vs. BITC - Dividend Comparison

XBTY's dividend yield for the trailing twelve months is around 192.65%, more than BITC's 3.37% yield.

	TTM	2025	2024	2023
XBTY GraniteShares YieldBOOST Bitcoin ETF	192.65%	102.53%	0.00%	0.00%
BITC Bitwise Bitcoin Strategy Optimum Roll ETF	3.37%	3.36%	42.68%	5.82%

Drawdowns

XBTY vs. BITC - Drawdown Comparison

The maximum XBTY drawdown since its inception was -45.04%, which is greater than BITC's maximum drawdown of -38.51%. Use the drawdown chart below to compare losses from any high point for XBTY and BITC.

Drawdown Indicators

	XBTY	BITC	Difference
Max Drawdown Largest peak-to-trough decline	-45.04%	-38.51%	-6.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.51%	—
Current Drawdown Current decline from peak	-44.57%	-31.35%	-13.22%
Average Drawdown Average peak-to-trough decline	-19.27%	-15.79%	-3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.45%	—

Volatility

Volatility by Period

	XBTY	BITC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.41%	26.70%	+2.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.41%	47.63%	-18.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.41%	47.63%	-18.22%