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BHDG vs XTR

Nicholas Bitcoin Tail ETF vs Global X S&P 500 Tail Risk ETF

BHDG

Nicholas Bitcoin Tail ETF

Annual cost

0.00%

Fund size

$13M

XTR

Global X S&P 500 Tail Risk ETF

Annual cost

0.25%

Fund size

$4M

Key differences

  • BHDG costs 0.25% less per year.
  • BHDG is significantly larger than XTR — larger funds tend to be more liquid and less likely to close.
  • BHDG follows a option income strategy; XTR uses structured outcome.
  • XTR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BHDGXTR
Annual cost (TER)0.00%0.25%
Fund size (AUM)$13M$4M
Since20262021
Dividend yield17.17%
Asset classalternativealternative
Regionnorth america
Strategyoption incomestructured outcome
CAGR 1YN/A+24.9%
CAGR 3YN/A+19.9%
CAGR 5YN/AN/A
Sharpe 3YN/A1.26
Volatility 1Y10.73%
Max drawdown-15.07%-20.83%

Similar to BHDG and XTR