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BITS vs PAVE

Global X Blockchain & Bitcoin Strategy ETF vs Global X U.S. Infrastructure Development ETF

BITS

Global X Blockchain & Bitcoin Strategy ETF

Global X Funds

Annual cost

0.65%

Fund size

$29M

PAVE

Global X U.S. Infrastructure Development ETF

Global X Funds

Annual cost

0.47%

Fund size

$13.4B

Key differences

  • PAVE costs 0.18% less per year.
  • PAVE is significantly larger than BITS — larger funds tend to be more liquid and less likely to close.
  • BITS is classified as cryptocurrency, while PAVE is equity — different risk/return profiles.
  • BITS follows a active selection strategy; PAVE uses index tracking.
  • Over the last 3 years, BITS has delivered higher annualized returns.

Side-by-side comparison

BITSPAVE
Annual cost (TER)0.65%0.47%
Fund size (AUM)$29M$13.4B
Since20212017
Dividend yield22.55%0.77%
Asset classcryptocurrencyequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+27.8%+39.0%
CAGR 3Y+55.6%+27.3%
CAGR 5YN/A+17.8%
Sharpe 3Y0.991.11
Volatility 1Y52.62%18.91%
Max drawdown-83.11%-44.08%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BITS and PAVE