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BTF vs PIT

CoinShares Bitcoin and Ether ETF vs VanEck Commodity Strategy ETF

BTF

CoinShares Bitcoin and Ether ETF

Annual cost

1.27%

Fund size

$14M

PIT

VanEck Commodity Strategy ETF

Annual cost

0.55%

Fund size

$264M

Key differences

BTF is a cryptocurrency ETF, while PIT is a commodity ETF. BTF charges 1.27% a year and PIT 0.55%.

  • BTF is a cryptocurrency fund, while PIT is a commodity fund. They carry different risk/return profiles.
  • PIT costs 0.72% less per year.
  • PIT is much larger than BTF. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PIT has delivered higher annualized returns.

Side-by-side comparison

BTFPIT
Annual cost (TER)1.27%0.55%
Fund size (AUM)$14M$264M
Since20212022
Dividend yield195.21%6.52%
Asset classcryptocurrencycommodity
Region
Strategy
CAGR 1Y-42.7%+57.0%
CAGR 3Y+9.6%+23.9%
CAGR 5YN/AN/A
Sharpe 3Y0.381.11
Volatility 1Y54.87%21.51%
Max drawdown-77.50%-12.27%

Similar to BTF and PIT