BNOV vs BTGD

BNOV vs BTGD

Which is better, BNOV or BTGD?

Each has led over a different period.

BNOV has a lower expense ratio. BNOV led over 1Y, BTGD over the full window.

Lower Fees: BNOVHigher Returns: split

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

MetricBNOVBTGD
Expense Ratio0.79%Best1.09%
AUM$201M$102M
Dividend Yield0.00%4.28%
Holdings1810
YTD Return+11.13%Best-27.02%
1Y Return+13.58%Best-41.02%
3Y Return (annualized)+13.95%-
5Y Return (annualized)+8.95%-
Volatility (annualized)8.8%Best53.1%
Max Drawdown-13.7%Best-58.8%
$10,000 over 2 years$12,925$13,122Best
Fund FamilyInnovator ETFs TrustQuantify Funds
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionNov 1, 2019Oct 15, 2024

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 16, 2024 to Oct 14, 2026 (2 years).

BNOV vs BTGD 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 2 years both funds cover.

Compare BNOV against instead:BNOV vs SPYBNOV vs QQQBNOV vs VOOBNOV vs VTIBTGD against:BTGD vs VXUS

BNOV vs BTGD Performance

Innovator US Equity Buffer ETF - November (BNOV) is an ETF from Innovator ETFs Trust and STKd 100% Bitcoin & 100% Gold ETF (BTGD) is an ETF from Quantify Funds. Over the past year BNOV returned +13.58% while BTGD returned -41.02%. Year to date, BNOV is up 11.13% versus a loss of 27.02% for BTGD.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BTGD has been the more volatile fund, with annualized monthly volatility of 53.1% compared with 8.8% for BNOV. 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 -13.7% for BNOV and -58.8% for BTGD. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.

Fees and Cost Over Time

BNOV charges 0.79% per year while BTGD charges 1.09%. On a $10,000 position that is $79 vs $109 annually, a gap of $30 per year that compounds over a long holding period. On income, BNOV currently yields 0.00% against 4.28% for BTGD.

You are not choosing between two funds in isolation.

Whichever of BNOV and BTGD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

BNOVBTGD

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Frequently Asked Questions

Which is cheaper, BNOV or BTGD?

BNOV has an expense ratio of 0.79% while BTGD charges 1.09%. BNOV is the cheaper option, by $30 a year on a $10,000 investment.

Which performed better, BNOV or BTGD?

Over the past year BNOV returned +13.58% vs -41.02% for BTGD, so BNOV leads on 1-year performance. Over the longest common window we track (2 years), BNOV annualized +13.69% vs +14.55% for BTGD. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BNOV or BTGD?

BTGD has been the more volatile fund at 53.1% annualized versus 8.8% for BNOV. Worst drawdown: BNOV -13.7% vs BTGD -58.8%.

Should I hold both BNOV and BTGD?

BNOV and BTGD have a monthly-return correlation of 0.41, 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, BNOV or BTGD?

BNOV yields 0.00% while BTGD yields 4.28%, so BTGD currently pays the higher dividend yield.

Is BTGD better than BNOV?

BNOV has a lower expense ratio. BNOV led over 1Y, BTGD over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.