BITC vs NVDX
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF vs T-Rex 2X Long NVIDIA Daily Target ETF
Which is better, BITC or NVDX?
NVDX has been ahead.
BITC has a lower expense ratio. NVDX led over 1Y, 3Y and the full window.
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 | NVDX |
|---|---|---|
| Expense Ratio | 0.88%Best | 1.05% |
| AUM | $14M | $441M |
| Dividend Yield | 77.90% | 0.00% |
| Holdings | 3 | 13 |
| YTD Return | +3.13% | +10.15%Best |
| 1Y Return | -7.62% | +9.78%Best |
| 3Y Return (annualized) | +34.02% | +107.55%Best |
| Volatility (annualized) | 43.7%Best | 78.8% |
| Max Drawdown | -33.2%Best | -68.2% |
| $10,000 over 3 years | $23,830 | $89,406Best |
| Fund Family | Bitwise | REX Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Mar 20, 2023 | Oct 18, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 19, 2023 to Oct 14, 2026 (3 years).
BITC vs NVDX 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 years both funds cover.
BITC vs NVDX Performance
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) is an ETF from Bitwise and T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an ETF from REX Shares. Over the past year BITC returned -7.62% while NVDX returned +9.78%. Year to date, BITC is up 3.13% versus a gain of 10.15% for NVDX.
Over three years, BITC compounded at +34.02% per year against +107.55% for NVDX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDX has been the more volatile fund, with annualized monthly volatility of 78.8% compared with 43.7% for BITC. 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 -68.2% for NVDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BITC charges 0.88% per year while NVDX charges 1.05%. On a $10,000 position that is $88 vs $105 annually, a gap of $17 per year that compounds over a long holding period. On income, BITC currently yields 77.90% against 0.00% for NVDX.
Holdings Overlap
We hold position weights for 1 holding in BITC and 1 in NVDX, totalling 13.5% and 83.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in BITC and 1 in NVDX, against full books of 3 and 13.
You are not choosing between two funds in isolation.
Whichever of BITC and NVDX 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 NVDX?
BITC has an expense ratio of 0.88% while NVDX charges 1.05%. BITC is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, BITC or NVDX?
Over the past year BITC returned -7.62% vs +9.78% for NVDX, so NVDX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BITC or NVDX?
NVDX has been the more volatile fund at 78.8% annualized versus 43.7% for BITC. Worst drawdown: BITC -33.2% vs NVDX -68.2%.
Should I hold both BITC and NVDX?
BITC and NVDX have a monthly-return correlation of 0.48, 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 NVDX?
BITC yields 77.90% while NVDX yields 0.00%, so BITC currently pays the higher dividend yield.
Is NVDX better than BITC?
BITC has a lower expense ratio. NVDX led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.