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BTC vs SMLF

Comparison between Grayscale Bitcoin Mini Trust ETF (BTC, ETF) and ISHARES U.S. SMALL-CAP EQUITY FACTOR ETF (SMLF, ETF).

BTC vs SMLF - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
BTC
$3.90B
SMLF
$3.90B
Expense Ratio
BTC
0.15%
SMLF
0.15%
Max Drawdown
BTC
51.97%
Winner
SMLF
43.06%
Sharpe Ratio
BTC
-1.09
Winner
SMLF
1.44
5Y Beta
BTC
1.30
Winner
SMLF
1.09
P/E Ratio
BTC
N/A
SMLF
110.99
Forward P/E
BTC
N/A
SMLF
14.86
5Y Dividends CAGR
BTC
N/A
SMLF
11.57%
5Y EPS CAGR
BTC
N/A
SMLF
15.70%
Debt to Equity
BTC
N/A
SMLF
14.45%
P/S Ratio
BTC
N/A
SMLF
1.43
P/B Ratio
BTC
N/A
SMLF
2.65

BTC vs SMLF - Historical Returns

Returns include dividend reinvestment.

1M
BTC
-21.29%
Winner
SMLF
+4.55%
3M
BTC
-9.78%
Winner
SMLF
+17.03%
6M
BTC
-29.59%
Winner
SMLF
+14.45%
1Y
BTC
-40.53%
Winner
SMLF
+32.36%
5Y(CAGR)
BTC
N/A
SMLF
+10.92%
10Y(CAGR)
BTC
N/A
SMLF
+12.65%
Max(CAGR)
BTC
-1.53%
Winner
SMLF
+11.64%

BTC vs SMLF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

YearBTCSMLF
2026-29.21%+14.79%
2025-10.26%+11.90%
2024+44.64%+17.21%
2023N/A+20.62%
2022N/A-12.70%
2021N/A+27.90%
2020N/A+8.48%
2019N/A+21.53%
2018N/A-9.03%
2017N/A+12.31%
2016N/A+25.23%
2015N/A+2.39%

BTC vs SMLF Drawdown Comparison

The maximum drawdown for BTC was -51.97%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for SMLF was -41.89%, occurring on Mar 18, 2020. Recovery took 217 trading sessions.

The current BTC drawdown is -49.38%.

RankBTCSMLF
#1-51.97%
Oct 6, 2025 - Jun 5, 2026
-41.89%
Jan 16, 2020 - Nov 24, 2020
#2-28.14%
Dec 17, 2024 - May 20, 2025
-26.27%
Nov 25, 2024 - Aug 28, 2025
#3-17.96%
Jul 31, 2024 - Sep 27, 2024
-25.38%
Nov 16, 2021 - Dec 14, 2023
#4-11.96%
Aug 13, 2025 - Oct 6, 2025
-24.77%
Aug 29, 2018 - Jan 16, 2020
#5-9.11%
Sep 27, 2024 - Oct 14, 2024
-17.76%
Jun 23, 2015 - Jul 12, 2016
#6-8.47%
Nov 22, 2024 - Dec 6, 2024
-9.35%
Jan 23, 2018 - May 21, 2018
#7-8.44%
May 22, 2025 - Jul 9, 2025
-8.72%
Jan 22, 2026 - Apr 14, 2026
#8-7.30%
Oct 29, 2024 - Nov 6, 2024
-8.55%
Jul 31, 2024 - Sep 19, 2024
#9-5.81%
Jul 14, 2025 - Aug 13, 2025
-7.73%
Oct 27, 2025 - Dec 10, 2025
#10-5.48%
Dec 6, 2024 - Dec 13, 2024
-7.66%
Mar 28, 2024 - May 15, 2024
#11-3.29%
Oct 18, 2024 - Oct 28, 2024
-6.72%
Jul 1, 2021 - Aug 11, 2021
#12-2.51%
Nov 13, 2024 - Nov 15, 2024
-6.52%
Mar 15, 2021 - Apr 5, 2021
#13-1.50%
Oct 16, 2024 - Oct 18, 2024
-6.20%
Feb 12, 2021 - Mar 11, 2021
#14N/A-5.88%
Sep 22, 2016 - Nov 10, 2016
#15N/A-5.75%
May 7, 2021 - Jun 8, 2021

Correlation

Correlation between BTC and SMLF is -0.16 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.16
-101

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