BAVA vs TEXN

Comparison between Bitwise Avalanche ETF (BAVA, ETF) and ISHARES TEXAS EQUITY ETF (TEXN, ETF).

BAVA vs TEXN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BAVA(ETF)	TEXN(ETF)
Net Assets	$16M	$17M
Expense Ratio	0.34%	0.20%
Max Drawdown	40.15%	9.11%
Sharpe Ratio	-1.06	1.45
5Y Beta	1.96	0.76
P/E Ratio	N/A	27.15
Forward P/E	N/A	19.76
5Y EPS CAGR	N/A	16.94%
Debt to Equity	N/A	-69.00%
P/S Ratio	N/A	2.09
P/B Ratio	N/A	3.89

Net Assets

BAVA

$16M

Winner

TEXN

$17M

Expense Ratio

BAVA

0.34%

Winner

TEXN

0.20%

Max Drawdown

BAVA

40.15%

Winner

TEXN

9.11%

Sharpe Ratio

BAVA

-1.06

Winner

TEXN

1.45

5Y Beta

BAVA

1.96

Winner

TEXN

0.76

P/E Ratio

BAVA

N/A

TEXN

27.15

Forward P/E

BAVA

N/A

TEXN

19.76

5Y EPS CAGR

BAVA

N/A

TEXN

16.94%

Debt to Equity

BAVA

N/A

TEXN

-69.00%

P/S Ratio

BAVA

N/A

TEXN

2.09

P/B Ratio

BAVA

N/A

TEXN

3.89

BAVA vs TEXN - Historical Returns

Returns include dividend reinvestment.

Period	BAVA	TEXN
1 month	+20.00%	+3.41%
3 months	-17.79%	-0.46%
6 months	N/A	+10.40%
1 year	N/A	+27.23%
Max(CAGR)	-46.78%	+27.35%

Winner

BAVA

+20.00%

TEXN

+3.41%

BAVA

-17.79%

Winner

TEXN

-0.46%

BAVA

N/A

TEXN

+10.40%

BAVA

N/A

TEXN

+27.23%

Max(CAGR)

BAVA

-46.78%

Winner

TEXN

+27.35%

BAVA vs TEXN - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BAVA	TEXN
2026	-20.38%	+21.27%
2025	N/A	+8.16%

BAVA vs TEXN Drawdown Comparison

The maximum drawdown for BAVA was -40.15%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for TEXN was -8.81%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The current BAVA drawdown is -26.22%. The current TEXN drawdown is -2.83%.

Rank	BAVA	TEXN
#1	-40.15% May 11, 2026 - Jun 25, 2026	-8.81% Jun 2, 2026 - Jul 29, 2026
#2	-8.30% Apr 16, 2026 - May 8, 2026	-6.34% Sep 24, 2025 - Jan 5, 2026
#3	N/A	-2.99% Jul 29, 2025 - Aug 22, 2025
#4	N/A	-2.76% Mar 2, 2026 - Mar 24, 2026
#5	N/A	-2.50% Aug 28, 2025 - Sep 10, 2025
#6	N/A	-2.17% Jan 5, 2026 - Jan 9, 2026
#7	N/A	-2.09% Feb 11, 2026 - Mar 2, 2026
#8	N/A	-2.03% Mar 24, 2026 - Apr 16, 2026
#9	N/A	-1.84% Jan 16, 2026 - Jan 22, 2026
#10	N/A	-1.74% Jul 10, 2025 - Jul 23, 2025
#11	N/A	-1.51% May 5, 2026 - May 11, 2026
#12	N/A	-1.48% Jul 3, 2025 - Jul 10, 2025
#13	N/A	-1.38% Feb 3, 2026 - Feb 6, 2026
#14	N/A	-1.19% Jun 24, 2025 - Jul 2, 2025
#15	N/A	-0.84% May 14, 2026 - May 22, 2026