BITQ vs FLDB
Comparison between BITWISE CRYPTO INDUSTRY INNOVATORS ETF (BITQ, ETF) and FIDELITY LOW DURATION BOND ETF (FLDB, ETF).
BITQ vs FLDB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
BITQ
$411M
FLDB
$409M
Expense Ratio
BITQ
0.85%
Winner
FLDB
0.20%
Max Drawdown
BITQ
90.59%
Winner
FLDB
1.00%
Sharpe Ratio
Winner
BITQ
0.43
FLDB
0.29
5Y Beta
BITQ
2.29
Winner
FLDB
-0.00
P/E Ratio
BITQ
-7.65
FLDB
N/A
Forward P/E
BITQ
11.80
FLDB
N/A
Debt to Equity
BITQ
-104.18%
FLDB
N/A
P/S Ratio
BITQ
2.24
FLDB
N/A
P/B Ratio
BITQ
2.66
FLDB
N/A
BITQ vs FLDB - Historical Returns
Returns include dividend reinvestment.
1M
BITQ
-9.91%
Winner
FLDB
+0.36%
3M
Winner
BITQ
+4.59%
FLDB
+0.88%
6M
Winner
BITQ
+8.24%
FLDB
+1.69%
1Y
Winner
BITQ
+13.85%
FLDB
+4.10%
5Y(CAGR)
BITQ
+4.69%
FLDB
N/A
Max(CAGR)
BITQ
+2.30%
Winner
FLDB
+4.64%
BITQ vs FLDB - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | BITQ | FLDB |
|---|---|---|
| 2026 | +16.85% | +1.82% |
| 2025 | +13.95% | +4.99% |
| 2024 | +50.39% | +4.29% |
| 2023 | +246.77% | N/A |
| 2022 | -84.04% | N/A |
| 2021 | -6.89% | N/A |
BITQ vs FLDB Drawdown Comparison
The maximum drawdown for BITQ was -90.31%, occurring on Dec 28, 2022. This drawdown has not yet recovered.
The maximum drawdown for FLDB was -0.49%, occurring on Aug 30, 2024. Recovery took 15 trading sessions.
The current BITQ drawdown is -23.30%. The current FLDB drawdown is -0.02%.
| Rank | BITQ | FLDB |
|---|---|---|
| #1 | -90.31% Nov 9, 2021 - Dec 28, 2022 | -0.49% Aug 28, 2024 - Sep 19, 2024 |
| #2 | -23.44% Sep 3, 2021 - Oct 28, 2021 | -0.40% Apr 4, 2025 - Apr 28, 2025 |
| #3 | -22.60% Jun 14, 2021 - Aug 5, 2021 | -0.38% Mar 26, 2024 - Apr 26, 2024 |
| #4 | -13.43% Aug 9, 2021 - Sep 3, 2021 | -0.38% Aug 5, 2024 - Aug 14, 2024 |
| #5 | -11.88% May 14, 2021 - Jun 14, 2021 | -0.33% Mar 10, 2025 - Mar 26, 2025 |
| #6 | -7.53% May 12, 2021 - May 14, 2021 | -0.24% Aug 14, 2024 - Aug 16, 2024 |
| #7 | -0.13% Nov 3, 2021 - Nov 5, 2021 | -0.24% Oct 11, 2024 - Oct 15, 2024 |
| #8 | N/A | -0.22% Oct 3, 2024 - Oct 9, 2024 |
| #9 | N/A | -0.22% Oct 18, 2024 - Oct 24, 2024 |
| #10 | N/A | -0.20% Oct 15, 2024 - Oct 18, 2024 |
| #11 | N/A | -0.18% Dec 10, 2024 - Dec 20, 2024 |
| #12 | N/A | -0.18% Mar 28, 2025 - Apr 1, 2025 |
| #13 | N/A | -0.17% Oct 28, 2025 - Nov 5, 2025 |
| #14 | N/A | -0.16% Jun 10, 2024 - Jun 12, 2024 |
| #15 | N/A | -0.16% Feb 27, 2026 - Mar 25, 2026 |
Correlation
Correlation between BITQ and FLDB is 0.84 which considered as a strong positive correlation - the stocks tend to move together.
0.84
-101
Dividend Comparison (2021 - 2026)
BITQ vs FLDB dividend yield comparison.
| Year | BITQ | FLDB |
|---|---|---|
| 2026 | 0.00% | 1.94% |
| 2025 | 0.00% | 4.72% |
| 2024 | 0.90% | 3.58% |
| 2023 | 1.51% | 0.00% |
| 2021 | 3.12% | 0.00% |
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