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BTF vs NBCM

CoinShares Bitcoin and Ether ETF vs Neuberger Commodity Strategy ETF

BTF

CoinShares Bitcoin and Ether ETF

Annual cost

1.27%

Fund size

$14M

NBCM

Neuberger Commodity Strategy ETF

Annual cost

0.65%

Fund size

$425M

Key differences

BTF is a cryptocurrency ETF, while NBCM is an alternative ETF. BTF charges 1.27% a year and NBCM 0.65%.

  • BTF is a cryptocurrency fund, while NBCM is an alternative fund. They carry different risk/return profiles.
  • NBCM costs 0.62% less per year.
  • NBCM is much larger than BTF. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, NBCM has delivered higher annualized returns.
  • NBCM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BTFNBCM
Annual cost (TER)1.27%0.65%
Fund size (AUM)$14M$425M
Since20212012
Dividend yield195.21%6.60%
Asset classcryptocurrencyalternative
Region
Strategymulti strategy
CAGR 1Y-42.7%+39.9%
CAGR 3Y+9.6%+18.3%
CAGR 5YN/AN/A
Sharpe 3Y0.380.97
Volatility 1Y54.87%17.60%
Max drawdown-77.50%-12.85%

Similar to BTF and NBCM