BPI vs INDZ

Comparison between GRAYSCALE BITCOIN PREMIUM INCOME ETF (BPI, ETF) and VANECK INDIA SELECT ETF (INDZ, ETF).

BPI vs INDZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BPI(ETF)	INDZ(ETF)
Net Assets	$2.90M	$3M
Expense Ratio	0.65%	0.75%
Max Drawdown	29.23%	15.19%
Sharpe Ratio	-1.82	-0.18
5Y Beta	1.19	1.07

Net Assets

BPI

$2.90M

Winner

INDZ

$3M

Expense Ratio

Winner

BPI

0.65%

INDZ

0.75%

Max Drawdown

BPI

29.23%

Winner

INDZ

15.19%

Sharpe Ratio

BPI

-1.82

Winner

INDZ

-0.18

5Y Beta

BPI

1.19

Winner

INDZ

1.07

BPI vs INDZ - Historical Returns

Returns include dividend reinvestment.

Period	BPI	INDZ
1 month	+3.64%	-3.65%
3 months	-14.33%	-0.39%
6 months	N/A	-1.23%
Max(CAGR)	-48.96%	-2.89%

Winner

BPI

+3.64%

INDZ

-3.65%

BPI

-14.33%

Winner

INDZ

-0.39%

BPI

N/A

INDZ

-1.23%

Max(CAGR)

BPI

-48.96%

Winner

INDZ

-2.89%

BPI vs INDZ - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	BPI	INDZ
2026	-14.33%	-1.23%

BPI vs INDZ Drawdown Comparison

The maximum drawdown for BPI was -27.02%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for INDZ was -15.19%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.

The current BPI drawdown is -19.88%. The current INDZ drawdown is -4.94%.

Rank	BPI	INDZ
#1	-27.02% May 11, 2026 - Jun 30, 2026	-15.19% Feb 25, 2026 - Apr 17, 2026
#2	-2.08% May 5, 2026 - May 11, 2026	-5.69% Apr 17, 2026 - Jun 22, 2026
#3	N/A	-4.94% Jul 6, 2026 - Jul 23, 2026
#4	N/A	-1.71% Jun 22, 2026 - Jul 6, 2026
#5	N/A	-1.24% Feb 20, 2026 - Feb 25, 2026

Correlation

Correlation between BPI and INDZ is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101