BITB vs BDYN

Comparison between Bitwise Bitcoin ETF (BITB, ETF) and iShares Dynamic Equity Active ETF (BDYN, ETF).

BITB vs BDYN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITB(ETF)	BDYN(ETF)
Net Assets	$2.50B	$2.50B
Expense Ratio	0.20%	0.40%
Max Drawdown	49.38%	10.85%
Sharpe Ratio	-0.29	0.83
5Y Beta	1.27	1.07
P/E Ratio	N/A	29.87
Forward P/E	N/A	21.39
PEG Ratio	N/A	0.43
P/S Ratio	N/A	0.55
P/B Ratio	N/A	6.34

Net Assets

BITB

$2.50B

BDYN

$2.50B

Expense Ratio

Winner

BITB

0.20%

BDYN

0.40%

Max Drawdown

BITB

49.38%

Winner

BDYN

10.85%

Sharpe Ratio

BITB

-0.29

Winner

BDYN

0.83

5Y Beta

BITB

1.27

Winner

BDYN

1.07

P/E Ratio

BITB

N/A

BDYN

29.87

Forward P/E

BITB

N/A

BDYN

21.39

PEG Ratio

BITB

N/A

BDYN

0.43

P/S Ratio

BITB

N/A

BDYN

0.55

P/B Ratio

BITB

N/A

BDYN

6.34

BITB vs BDYN - Historical Returns

Returns include dividend reinvestment.

Period	BITB	BDYN
1 month	+12.39%	+7.25%
3 months	+13.27%	+2.54%
6 months	-22.79%	+8.81%
1 year	-21.05%	N/A
Max(CAGR)	+25.83%	+15.79%

Winner

BITB

+12.39%

BDYN

+7.25%

Winner

BITB

+13.27%

BDYN

+2.54%

BITB

-22.79%

Winner

BDYN

+8.81%

BITB

-21.05%

BDYN

N/A

Max(CAGR)

Winner

BITB

+25.83%

BDYN

+15.79%

BITB vs BDYN - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	BITB	BDYN
2026	-10.78%	+5.55%
2025	-10.26%	+3.68%
2024	+99.10%	N/A

BITB vs BDYN Drawdown Comparison

The maximum drawdown for BITB was -49.38%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for BDYN was -10.85%, occurring on Mar 30, 2026. Recovery took 57 trading sessions.

The current BITB drawdown is -36.22%. The current BDYN drawdown is -0.19%.

Rank	BITB	BDYN
#1	-49.38% Oct 6, 2025 - Feb 5, 2026	-10.85% Feb 9, 2026 - May 1, 2026
#2	-28.19% Dec 17, 2024 - May 20, 2025	-5.18% Oct 28, 2025 - Dec 10, 2025
#3	-27.44% Mar 13, 2024 - Nov 6, 2024	-3.33% Jan 28, 2026 - Feb 9, 2026
#4	-16.25% Jan 11, 2024 - Feb 9, 2024	-2.98% Jan 12, 2026 - Jan 27, 2026
#5	-11.96% Aug 13, 2025 - Oct 6, 2025	-2.87% Oct 8, 2025 - Oct 20, 2025
#6	-8.50% Mar 4, 2024 - Mar 7, 2024	-2.33% Dec 11, 2025 - Dec 22, 2025
#7	-8.45% Nov 22, 2024 - Dec 6, 2024	-1.52% Sep 22, 2025 - Oct 1, 2025
#8	-8.38% May 22, 2025 - Jul 9, 2025	-1.38% Dec 24, 2025 - Jan 5, 2026
#9	-5.73% Jul 14, 2025 - Aug 13, 2025	-1.02% Oct 20, 2025 - Oct 24, 2025
#10	-5.30% Dec 6, 2024 - Dec 13, 2024	-0.82% May 6, 2026 - May 7, 2026
#11	-2.48% Nov 13, 2024 - Nov 15, 2024	-0.64% Oct 6, 2025 - Oct 8, 2025
#12	-1.94% Feb 20, 2024 - Feb 22, 2024	-0.62% May 1, 2026 - May 5, 2026
#13	-1.83% Feb 22, 2024 - Feb 26, 2024	-0.39% Jan 6, 2026 - Jan 9, 2026
#14	-1.50% Feb 12, 2024 - Feb 14, 2024	-0.30% Sep 16, 2025 - Sep 19, 2025
#15	-0.94% Mar 11, 2024 - Mar 13, 2024	-0.02% Oct 1, 2025 - Oct 3, 2025

Correlation

Correlation between BITB and BDYN is -0.31 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.31

-101