BITC vs XYLD
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF vs Global X S&P 500 Covered Call ETF
Which is better, BITC or XYLD?
Each has led over a different period.
XYLD has a lower expense ratio. BITC led over 3Y and the full window, XYLD 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 | XYLD |
|---|---|---|
| Expense Ratio | 0.88% | 0.60%Best |
| AUM | $14M | $3.4B |
| Dividend Yield | 77.90% | 10.44% |
| Holdings | 3 | 1,014 |
| YTD Return | +3.13% | +11.42%Best |
| 1Y Return | -7.62% | +18.43%Best |
| 3Y Return (annualized) | +34.02%Best | +13.38% |
| 5Y Return (annualized) | - | +7.59% |
| Volatility (annualized) | 43.6% | 6.2%Best |
| Max Drawdown | -33.2% | -16.1%Best |
| $10,000 over 3.6 years | $23,183Best | $15,281 |
| Fund Family | Bitwise | Global X by mirae Asset |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Mar 20, 2023 | Jun 21, 2013 |
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 XYLD 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 XYLD Performance
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) is an ETF from Bitwise and Global X S&P 500 Covered Call ETF (XYLD) is an ETF from Global X by mirae Asset. Over the past year BITC returned -7.62% while XYLD returned +18.43%. Year to date, BITC is up 3.13% versus a gain of 11.42% for XYLD.
Over three years, BITC compounded at +34.02% per year against +13.38% for XYLD. Across the full 4-year window we track, BITC has the edge at +26.31% annualized vs +12.50%.
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 6.2% for XYLD. 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 -16.1% for XYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
BITC charges 0.88% per year while XYLD charges 0.60%. On a $10,000 position that is $88 vs $60 annually, a gap of $28 per year that compounds over a long holding period. On income, BITC currently yields 77.90% against 10.44% for XYLD.
Holdings Overlap
We hold position weights for 1 holding in BITC and 496 in XYLD, totalling 13.5% and 101.3% 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 496 in XYLD, against full books of 3 and 1,014.
You are not choosing between two funds in isolation.
Whichever of BITC and XYLD 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 XYLD?
BITC has an expense ratio of 0.88% while XYLD charges 0.60%. XYLD is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, BITC or XYLD?
Over the past year BITC returned -7.62% vs +18.43% for XYLD, so XYLD leads on 1-year performance. Over the longest common window we track (4 years), BITC annualized +26.31% vs +12.50% for XYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BITC or XYLD?
BITC has been the more volatile fund at 43.6% annualized versus 6.2% for XYLD. Worst drawdown: BITC -33.2% vs XYLD -16.1%.
Should I hold both BITC and XYLD?
BITC and XYLD have a monthly-return correlation of 0.19, 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 XYLD?
BITC yields 77.90% while XYLD yields 10.44%, so BITC currently pays the higher dividend yield.
Is XYLD better than BITC?
XYLD has a lower expense ratio. BITC led over 3Y and the full window, XYLD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.