BTCC vs GGLS
Comparison between GRAYSCALE BITCOIN COVERED CALL ETF (BTCC, ETF) and DIREXION DAILY GOOGL BEAR 1X SHARES (GGLS, ETF).
BTCC vs GGLS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
BTCC
$17M
GGLS
$17M
Expense Ratio
Winner
BTCC
0.65%
GGLS
1.02%
Max Drawdown
Winner
BTCC
65.50%
GGLS
83.50%
Sharpe Ratio
Winner
BTCC
-1.37
GGLS
-2.78
5Y Beta
BTCC
0.77
Winner
GGLS
-1.10
BTCC vs GGLS - Historical Returns
Returns include dividend reinvestment.
1M
BTCC
-22.27%
Winner
GGLS
+5.25%
3M
Winner
BTCC
-12.25%
GGLS
-19.85%
6M
BTCC
-26.51%
Winner
GGLS
-14.48%
1Y
Winner
BTCC
-36.70%
GGLS
-56.06%
Max(CAGR)
Winner
BTCC
-26.97%
GGLS
-30.08%
BTCC vs GGLS - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | BTCC | GGLS |
|---|---|---|
| 2026 | -27.11% | -16.04% |
| 2025 | -6.29% | -42.62% |
| 2024 | N/A | -27.17% |
| 2023 | N/A | -37.02% |
| 2022 | N/A | +19.63% |
BTCC vs GGLS Drawdown Comparison
The maximum drawdown for BTCC was -44.31%, occurring on Feb 5, 2026. This drawdown has not yet recovered.
The maximum drawdown for GGLS was -81.22%, occurring on May 13, 2026. This drawdown has not yet recovered.
The current BTCC drawdown is -43.53%. The current GGLS drawdown is -79.50%.
| Rank | BTCC | GGLS |
|---|---|---|
| #1 | -44.31% Aug 13, 2025 - Feb 5, 2026 | -81.22% Nov 3, 2022 - May 13, 2026 |
| #2 | -7.27% Apr 2, 2025 - Apr 16, 2025 | -8.73% Sep 30, 2022 - Oct 27, 2022 |
| #3 | -2.86% Jul 24, 2025 - Aug 7, 2025 | -4.30% Oct 27, 2022 - Nov 1, 2022 |
| #4 | -2.11% Jun 3, 2025 - Jun 9, 2025 | -2.67% Sep 27, 2022 - Sep 30, 2022 |
| #5 | -2.03% Jun 16, 2025 - Jun 25, 2025 | -2.32% Sep 8, 2022 - Sep 13, 2022 |
| #6 | -1.58% Jul 17, 2025 - Jul 24, 2025 | -0.55% Sep 21, 2022 - Sep 23, 2022 |
| #7 | -1.34% May 27, 2025 - Jun 3, 2025 | -0.48% Sep 13, 2022 - Sep 15, 2022 |
| #8 | -1.03% Jun 11, 2025 - Jun 16, 2025 | -0.13% Sep 16, 2022 - Sep 20, 2022 |
| #9 | -0.89% Jul 14, 2025 - Jul 16, 2025 | N/A |
| #10 | -0.75% May 22, 2025 - May 27, 2025 | N/A |
| #11 | -0.64% Jun 26, 2025 - Jul 2, 2025 | N/A |
| #12 | -0.35% Aug 7, 2025 - Aug 11, 2025 | N/A |
| #13 | -0.31% May 12, 2025 - May 16, 2025 | N/A |
| #14 | -0.30% Apr 16, 2025 - Apr 21, 2025 | N/A |
| #15 | -0.14% May 2, 2025 - May 6, 2025 | N/A |
Correlation
Correlation between BTCC and GGLS is 0.74 which considered as a strong positive correlation - the stocks tend to move together.
0.74
-101
Dividend Comparison (2022 - 2026)
BTCC vs GGLS dividend yield comparison.
| Year | BTCC | GGLS |
|---|---|---|
| 2026 | 26.88% | 0.94% |
| 2025 | 63.86% | 4.87% |
| 2024 | 0.00% | 4.31% |
| 2023 | 0.00% | 5.80% |
| 2022 | 0.00% | 0.20% |
Select Stocks to Compare
Popular: BTCC vs SPYGGLS vs SPY
More Comparisons
Compare with similar stocks