BITB vs RING
Comparison between Bitwise Bitcoin ETF (BITB, ETF) and ISHARES MSCI GLOBAL GOLD MINERS ETF (RING, ETF).
BITB vs RING - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
BITB
$2.90B
RING
$2.90B
Expense Ratio
Winner
BITB
0.20%
RING
0.39%
Max Drawdown
Winner
BITB
49.38%
RING
80.20%
Sharpe Ratio
BITB
-0.36
Winner
RING
1.76
5Y Beta
BITB
1.27
Winner
RING
0.72
5Y Dividends CAGR
BITB
N/A
RING
22.59%
BITB vs RING - Historical Returns
Returns include dividend reinvestment.
1M
Winner
BITB
+11.78%
RING
-1.19%
3M
Winner
BITB
+21.31%
RING
-6.27%
6M
BITB
-20.35%
Winner
RING
+29.85%
1Y
BITB
-19.70%
Winner
RING
+119.67%
5Y(CAGR)
BITB
N/A
RING
+24.14%
10Y(CAGR)
BITB
N/A
RING
+16.22%
Max(CAGR)
Winner
BITB
+26.92%
RING
+4.91%
BITB vs RING - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | BITB | RING |
|---|---|---|
| 2026 | -8.79% | +15.39% |
| 2025 | -10.26% | +153.99% |
| 2024 | +99.10% | +18.15% |
| 2023 | N/A | +7.89% |
| 2022 | N/A | -13.64% |
| 2021 | N/A | -14.07% |
| 2020 | N/A | +25.24% |
| 2019 | N/A | +49.36% |
| 2018 | N/A | -15.61% |
| 2017 | N/A | +6.03% |
| 2016 | N/A | +53.92% |
| 2015 | N/A | -27.59% |
| 2014 | N/A | -20.43% |
| 2013 | N/A | -53.26% |
| 2012 | N/A | -23.54% |
BITB vs RING 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 RING was -79.47%, occurring on Nov 17, 2015. Recovery took 3337 trading sessions.
The current BITB drawdown is -34.80%. The current RING drawdown is -14.62%.
| Rank | BITB | RING |
|---|---|---|
| #1 | -49.38% Oct 6, 2025 - Feb 5, 2026 | -79.47% Feb 23, 2012 - Jun 2, 2025 |
| #2 | -28.19% Dec 17, 2024 - May 20, 2025 | -30.11% Feb 27, 2026 - Mar 20, 2026 |
| #3 | -27.44% Mar 13, 2024 - Nov 6, 2024 | -19.22% Oct 16, 2025 - Dec 11, 2025 |
| #4 | -16.25% Jan 11, 2024 - Feb 9, 2024 | -18.47% Jan 28, 2026 - Feb 26, 2026 |
| #5 | -11.96% Aug 13, 2025 - Oct 6, 2025 | -6.55% Dec 26, 2025 - Jan 6, 2026 |
| #6 | -8.50% Mar 4, 2024 - Mar 7, 2024 | -6.34% Jun 13, 2025 - Jul 22, 2025 |
| #7 | -8.45% Nov 22, 2024 - Dec 6, 2024 | -5.29% Jul 22, 2025 - Aug 4, 2025 |
| #8 | -8.38% May 22, 2025 - Jul 9, 2025 | -5.02% Feb 2, 2012 - Feb 23, 2012 |
| #9 | -5.73% Jul 14, 2025 - Aug 13, 2025 | -4.54% Oct 8, 2025 - Oct 13, 2025 |
| #10 | -5.30% Dec 6, 2024 - Dec 13, 2024 | -4.32% Jun 2, 2025 - Jun 13, 2025 |
| #11 | -2.48% Nov 13, 2024 - Nov 15, 2024 | -2.96% Aug 15, 2025 - Aug 21, 2025 |
| #12 | -1.94% Feb 20, 2024 - Feb 22, 2024 | -2.61% Sep 15, 2025 - Sep 19, 2025 |
| #13 | -1.83% Feb 22, 2024 - Feb 26, 2024 | -2.54% Sep 23, 2025 - Sep 26, 2025 |
| #14 | -1.50% Feb 12, 2024 - Feb 14, 2024 | -1.99% Oct 6, 2025 - Oct 8, 2025 |
| #15 | -0.94% Mar 11, 2024 - Mar 13, 2024 | -1.89% Dec 11, 2025 - Dec 19, 2025 |
Correlation
Correlation between BITB and RING is 0.23 which considered as a very weak or no correlation - the stocks move independently of each other.
0.23
-101
Select Stocks to Compare
Popular: BITB vs SPYRING vs SPY
More Comparisons
Compare with similar stocks