BITC vs FDEC
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF vs FT Vest US Equity Buffer ETF - December
Which is better, BITC or FDEC?
Each has led over a different period.
FDEC has a lower expense ratio. BITC led over 3Y and the full window, FDEC over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BITC | FDEC |
|---|---|---|
| Expense Ratio | 0.88% | 0.85%Best |
| AUM | $14M | $1.3B |
| Dividend Yield | 77.90% | 0.00% |
| Holdings | 3 | 10 |
| YTD Return | +3.13% | +10.08%Best |
| 1Y Return | -7.62% | +14.78%Best |
| 3Y Return (annualized) | +34.02%Best | +16.28% |
| 5Y Return (annualized) | - | +10.68% |
| Volatility (annualized) | 43.6% | 8.3%Best |
| Max Drawdown | -33.2% | -13.0%Best |
| $10,000 over 3.6 years | $23,183Best | $17,137 |
| Fund Family | Bitwise | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Mar 20, 2023 | Dec 18, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 21, 2023 to Oct 14, 2026 (3.6 years).
BITC vs FDEC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.6 years both funds cover.
BITC vs FDEC Performance
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) is an ETF from Bitwise and FT Vest US Equity Buffer ETF - December (FDEC) is an ETF from First Trust Portfolios (US). Over the past year BITC returned -7.62% while FDEC returned +14.78%. Year to date, BITC is up 3.13% versus a gain of 10.08% for FDEC.
Over three years, BITC compounded at +34.02% per year against +16.28% for FDEC. Across the full 4-year window we track, BITC has the edge at +26.31% annualized vs +16.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITC has been the more volatile fund, with annualized monthly volatility of 43.6% compared with 8.3% for FDEC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.2% for BITC and -13.0% for FDEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
BITC charges 0.88% per year while FDEC charges 0.85%. On a $10,000 position that is $88 vs $85 annually, a gap of $3 per year that compounds over a long holding period. On income, BITC currently yields 77.90% against 0.00% for FDEC.
You are not choosing between two funds in isolation.
Whichever of BITC and FDEC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BITC or FDEC?
BITC has an expense ratio of 0.88% while FDEC charges 0.85%. FDEC is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, BITC or FDEC?
Over the past year BITC returned -7.62% vs +14.78% for FDEC, so FDEC leads on 1-year performance. Over the longest common window we track (4 years), BITC annualized +26.31% vs +16.14% for FDEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BITC or FDEC?
BITC has been the more volatile fund at 43.6% annualized versus 8.3% for FDEC. Worst drawdown: BITC -33.2% vs FDEC -13.0%.
Should I hold both BITC and FDEC?
BITC and FDEC have a monthly-return correlation of 0.25, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BITC or FDEC?
BITC yields 77.90% while FDEC yields 0.00%, so BITC currently pays the higher dividend yield.
Is FDEC better than BITC?
FDEC has a lower expense ratio. BITC led over 3Y and the full window, FDEC over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.