BTCL vs NUGT
T-Rex 2X Long Bitcoin Daily Target ETF vs Direxion Daily Gold Miners Index Bull 2X ETF
Which is better, BTCL or NUGT?
NUGT has been ahead.
BTCL has a lower expense ratio. NUGT led over 1Y 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 | BTCL | NUGT |
|---|---|---|
| Expense Ratio | 0.95%Best | 1.13% |
| AUM | $39M | $993M |
| Dividend Yield | 2.45% | 0.75% |
| Holdings | 4 | 20 |
| YTD Return | -37.84% | -27.70%Best |
| 1Y Return | -64.80% | -17.67%Best |
| 3Y Return (annualized) | - | +64.31% |
| 5Y Return (annualized) | - | +21.20% |
| Volatility (annualized) | 95.7% | 90.2%Best |
| Max Drawdown | -84.3% | -67.4%Best |
| $10,000 over 2.3 years | $7,983 | $30,560Best |
| Fund Family | REX Shares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 10, 2024 | Dec 8, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 10, 2024 to Oct 14, 2026 (2.3 years).
BTCL vs NUGT 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 2.3 years both funds cover.
BTCL vs NUGT Performance
T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) is an ETF from REX Shares and Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust. Over the past year BTCL returned -64.80% while NUGT returned -17.67%. Year to date, BTCL is down 37.84% versus a loss of 27.70% for NUGT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BTCL has been the more volatile fund, with annualized monthly volatility of 95.7% compared with 90.2% for NUGT. 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 -84.3% for BTCL and -67.4% for NUGT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
BTCL charges 0.95% per year while NUGT charges 1.13%. On a $10,000 position that is $95 vs $113 annually, a gap of $18 per year that compounds over a long holding period. On income, BTCL currently yields 2.45% against 0.75% for NUGT.
Holdings Overlap
We hold position weights for 1 holding in BTCL and 4 in NUGT, totalling 9.7% and 41.7% 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 BTCL and 4 in NUGT, against full books of 4 and 20.
You are not choosing between two funds in isolation.
Whichever of BTCL and NUGT 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, BTCL or NUGT?
BTCL has an expense ratio of 0.95% while NUGT charges 1.13%. BTCL is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, BTCL or NUGT?
Over the past year BTCL returned -64.80% vs -17.67% for NUGT, so NUGT leads on 1-year performance. Over the longest common window we track (2 years), BTCL annualized -9.33% vs +62.53% for NUGT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BTCL or NUGT?
BTCL has been the more volatile fund at 95.7% annualized versus 90.2% for NUGT. Worst drawdown: BTCL -84.3% vs NUGT -67.4%.
Should I hold both BTCL and NUGT?
BTCL and NUGT have a monthly-return correlation of 0.00, 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, BTCL or NUGT?
BTCL yields 2.45% while NUGT yields 0.75%, so BTCL currently pays the higher dividend yield.
Is NUGT better than BTCL?
BTCL has a lower expense ratio. NUGT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.