BITC vs VYM

Quick Verdict

VYM has a lower expense ratio. BITC delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: BITCMore Diversified: VYM

Side-by-Side Comparison

MetricBITCVYMWinner
Expense Ratio0.90%0.04%
AUM$15M$79.0B
Dividend Yield3.38%2.86%
Holdings4568
YTD Return+274.59%+15.80%
1Y Return+187.19%+26.12%
3Y Return (annualized)+101.35%+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)157.2%14.6%
Max Drawdown-31.9%-58.8%
Fund FamilyBitwiseVanguard (US)
CategoryAlternativeEquity
InceptionMar 20, 2023Nov 10, 2006

BITC vs VYM Performance

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) is a ETF from Bitwise and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year BITC returned +187.19% while VYM returned +26.12%. Year to date, BITC is up 274.59% versus a gain of 15.80% for VYM.

Over three years, BITC compounded at +101.35% per year against +18.25% for VYM. Across the full 3-year window we track, BITC has the edge at +87.37% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BITC has been the more volatile fund, with annualized monthly volatility of 157.2% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -31.9% for BITC and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BITC charges 0.90% per year while VYM charges 0.04%. On a $10,000 position that is $90 vs $4 annually, a gap of $86 per year that compounds over a long holding period. On income, BITC currently yields 3.38% against 2.86% for VYM.

Frequently Asked Questions

Which is cheaper, BITC or VYM?

BITC has an expense ratio of 0.90% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $86 per year of difference.

Which performed better, BITC or VYM?

Over the past year BITC returned +187.19% vs +26.12% for VYM, so BITC leads on 1-year performance. Over the longest common window we track (3 years), BITC annualized +87.37% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, BITC or VYM?

BITC has been the more volatile fund at 157.2% annualized versus 14.6% for VYM. Worst drawdown: BITC -31.9% vs VYM -58.8%.

Should I hold both BITC and VYM?

BITC and VYM have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, BITC or VYM?

BITC yields 3.38% while VYM yields 2.86%, so BITC currently pays the higher dividend yield.

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