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XTR vs BHDG

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

XTR

Global X S&P 500 Tail Risk ETF

Annual cost

0.25%

Fund size

$4M

BHDG

Nicholas Bitcoin Tail ETF

Annual cost

0.00%

Fund size

$13M

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.
  • XTR follows a structured outcome strategy; BHDG uses option income.
  • XTR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

XTRBHDG
Annual cost (TER)0.25%0.00%
Fund size (AUM)$4M$13M
Since20212026
Dividend yield17.17%
Asset classalternativealternative
Regionnorth america
Strategystructured outcomeoption income
CAGR 1Y+24.9%N/A
CAGR 3Y+19.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.26N/A
Volatility 1Y10.73%
Max drawdown-20.83%-15.07%

Similar to XTR and BHDG