BHDG vs TLTP

Comparison between Nicholas Bitcoin Tail ETF (BHDG, ETF) and AMPLIFY TLT U.S. TREASURY 12% OPTION INCOME ETF (TLTP, ETF).

BHDG vs TLTP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BHDG(ETF)	TLTP(ETF)
Net Assets	$22M	$22M
Expense Ratio	0.97%	0.39%
Max Drawdown	15.06%	19.51%
Sharpe Ratio	-0.99	0.06
5Y Beta	-0.89	0.06

Net Assets

BHDG

$22M

Winner

TLTP

$22M

Expense Ratio

BHDG

0.97%

Winner

TLTP

0.39%

Max Drawdown

Winner

BHDG

15.06%

TLTP

19.51%

Sharpe Ratio

BHDG

-0.99

Winner

TLTP

0.06

5Y Beta

Winner

BHDG

-0.89

TLTP

0.06

BHDG vs TLTP - Historical Returns

Returns include dividend reinvestment.

Period	BHDG	TLTP
1 month	-4.73%	-1.92%
3 months	-0.75%	-1.69%
6 months	N/A	-1.14%
1 year	N/A	+3.21%
Max(CAGR)	-22.52%	+0.08%

BHDG

-4.73%

Winner

TLTP

-1.92%

Winner

BHDG

-0.75%

TLTP

-1.69%

BHDG

N/A

TLTP

-1.14%

BHDG

N/A

TLTP

+3.21%

Max(CAGR)

BHDG

-22.52%

Winner

TLTP

+0.08%

BHDG vs TLTP - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	BHDG	TLTP
2026	-8.36%	-0.83%
2025	N/A	+5.37%
2024	N/A	-3.95%

BHDG vs TLTP Drawdown Comparison

The maximum drawdown for BHDG was -15.06%, occurring on May 11, 2026. This drawdown has not yet recovered.

The maximum drawdown for TLTP was -8.56%, occurring on May 21, 2025. Recovery took 210 trading sessions.

The current BHDG drawdown is -12.08%. The current TLTP drawdown is -4.40%.

Rank	BHDG	TLTP
#1	-15.06% Mar 27, 2026 - May 11, 2026	-8.56% Dec 6, 2024 - Oct 10, 2025
#2	-1.07% Mar 24, 2026 - Mar 26, 2026	-5.76% Feb 26, 2026 - May 19, 2026
#3	-0.59% Mar 20, 2026 - Mar 24, 2026	-3.24% Oct 28, 2025 - Feb 13, 2026
#4	N/A	-2.59% Nov 5, 2024 - Nov 29, 2024
#5	N/A	-1.24% Oct 31, 2024 - Nov 5, 2024
#6	N/A	-0.58% Dec 2, 2024 - Dec 4, 2024
#7	N/A	-0.45% Oct 22, 2025 - Oct 28, 2025
#8	N/A	-0.44% Feb 17, 2026 - Feb 25, 2026
#9	N/A	-0.17% Oct 14, 2025 - Oct 16, 2025
#10	N/A	-0.09% Oct 10, 2025 - Oct 14, 2025