Bitwise Funds Trust

10-Year Study

BITQ.US · · US · ETF

Executive Summary: Bitwise Funds Trust has compounded at 2.2% annually over the last 10 years, with a maximum drawdown of 88.1% and an annualized volatility of 70.0%.

1Y CAGR
+52.2%
3Y CAGR
+52.5%
5Y CAGR
+2.2%
10Y CAGR
+2.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
88.1%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.36
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.81
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
72.2%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +246.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -83.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.3-7.2-4.125.3————————18.6%
20257.5-17.2-19.213.017.222.63.40.222.712.5-16.8-15.118.0%
2024-23.029.414.0-21.816.012.92.2-11.08.712.540.1-18.947.0%
202361.9-2.79.910.29.114.024.8-24.3-12.03.619.042.3246.8%
2022-25.25.74.5-32.0-25.2-37.142.2-4.4-15.0-4.2-28.8-22.4-83.9%
2021—————7.3-5.213.2-15.930.33.4-26.0-3.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 70.0%. The dominant macroeconomic risk driver is BTC-USD.CC, accounting for 32.7% of variance. Idiosyncratic stock-specific factors contribute 12.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2021-05-0110000
2021-06-0110734.675456495053
2021-07-0110173.602222326743
2021-08-0111521.253135783605
2021-09-019691.274093068729
2021-10-0112626.397167301753
2021-11-0113060.402723118612
2021-12-019664.424927715856
2022-01-017226.469639941849
2022-02-017635.862413645897
2022-03-017976.256727999428
2022-04-015423.302063163398
2022-05-014057.1268233502287
2022-06-012552.953991632166
2022-07-013629.3344904062164
2022-08-013468.33756165201
2022-09-012948.546759304306
2022-10-012824.349173431318
2022-11-012010.1636280338605
2022-12-011559.3718460398918
2023-01-012525.354203969641
2023-02-012456.355744619126
2023-03-012700.1511387557543
2023-04-012976.146098164254
2023-05-013247.5412799634064
2023-06-013702.9331761686553
2023-07-014622.916972600423
2023-08-013500.5369025225937
2023-09-013081.9443491985644
2023-10-013192.34260224351
2023-11-013799.5316475829827
2023-12-015408.313852309484
2024-01-014162.3952629426585
2024-02-015384.9819527507825
2024-03-016140.932446595187
2024-04-014801.6867077961315
2024-05-015571.63625161524
2024-06-016290.256244728814
2024-07-016425.580992887736
2024-08-015720.960049748868
2024-09-016220.260994855286
2024-10-016999.543388258391
2024-11-019804.026764431426
2024-12-017948.494698205401
2025-01-018541.455355453436
2025-02-017068.466448776007
2025-03-015713.127995981602
2025-04-016456.681665050379
2025-05-017567.306024833503
2025-06-019280.302880702171
2025-07-019595.607335803781
2025-08-019619.138054903993
2025-09-0111798.032377695014
2025-10-0113275.727428192486
2025-11-0111049.772564806195
2025-12-019379.130105712755
2026-01-019967.384619140748
2026-02-019252.066987195483
2026-03-018875.584098601566
2026-04-0111125.069357950215
Annual Return Matrix
YearAnnual Return
2022-0.8386482529790376
20232.468264395079459
20240.46968073881496264
20250.17998821938327025
20260.1861515121934414
Total Factor Risk
0.7001132551272675
VTI.US Exposure
0.0966435862040156
VEA.US Exposure
0.006554054010899378
VWO.US Exposure
-0.006086991564655707
QQQ.US Exposure
0.20783640456336752
VTV.US Exposure
-0.05987262222871557
IJR.US Exposure
0.19583488406043853
QUAL.US Exposure
-0.10385215244997563
SHV.US Exposure
0.11478371067279543
TLT.US Exposure
0.0888786751731966
LQD.US Exposure
-0.029288196671712396
HYG.US Exposure
0.0448183643069036
GLD.US Exposure
0.004402797224421305
USO.US Exposure
0.0033507475382620307
VNQ.US Exposure
0.0310011992854838
BTC-USD.CC Exposure
0.32726702985436984
CPER.US Exposure
-0.010551471566981436
VIX.INDX Exposure
-0.04008162648115752
UUP.US Exposure
0.004033002112375625
TIP.US Exposure
-0.0025995252178837524
Idiosyncratic Exposure
0.1269281311745526
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
70.0%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+17.5%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+6.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
22.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
4.02
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Bitwise Funds Trust a high-risk investment?

Bitwise Funds Trust (BITQ.US) has an annualized volatility of 70.0% and experienced a maximum drawdown of 88.1% over the last 10 years. Its primary macro risk driver is BTC-USD.CC.

What is the 10-year return of BITQ.US?

Over the past 10 years, BITQ.US has generated a Compound Annual Growth Rate (CAGR) of 2.2%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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