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BITW vs IBIT

Bitwise 10 Crypto Index Fund vs Defiance Daily Short Digitizing the Economy ETF

BITW

Bitwise 10 Crypto Index Fund

Bitwise Investments

Annual cost

0.75%

Fund size

$739M

IBIT

Defiance Daily Short Digitizing the Economy ETF

iShares

Annual cost

0.25%

Fund size

$61.9B

Key differences

  • IBIT costs 0.50% less per year.
  • IBIT is significantly larger than BITW — larger funds tend to be more liquid and less likely to close.
  • BITW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BITWIBIT
Annual cost (TER)0.75%0.25%
Fund size (AUM)$739M$61.9B
Since20172024
Dividend yield0.00%0.00%
Asset classcryptocurrencycryptocurrency
Region
Strategyindex tracking
CAGR 1Y-14.5%-22.0%
CAGR 3Y+69.3%N/A
CAGR 5Y-5.6%N/A
Sharpe 3Y1.14N/A
Volatility 1Y48.77%43.24%
Max drawdown-96.46%-49.36%

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