BTCC vs RCLY

Comparison between GRAYSCALE BITCOIN COVERED CALL ETF (BTCC, ETF) and RECKONER BBB-B CLO ANNUAL ETF (RCLY, ETF).

BTCC vs RCLY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTCC(ETF)	RCLY(ETF)
Net Assets	$18M	$18M
Expense Ratio	0.65%	0.55%
Max Drawdown	65.50%	3.69%
Sharpe Ratio	-1.23	-0.10
5Y Beta	0.77	0.03

Net Assets

BTCC

$18M

RCLY

$18M

Expense Ratio

BTCC

0.65%

Winner

RCLY

0.55%

Max Drawdown

BTCC

65.50%

Winner

RCLY

3.69%

Sharpe Ratio

BTCC

-1.23

Winner

RCLY

-0.10

5Y Beta

BTCC

0.77

Winner

RCLY

0.03

BTCC vs RCLY - Historical Returns

Returns include dividend reinvestment.

Period	BTCC	RCLY
1 month	-18.25%	+0.54%
3 months	-6.06%	+3.43%
6 months	-23.46%	N/A
1 year	-35.08%	N/A
Max(CAGR)	-22.77%	+3.29%

BTCC

-18.25%

Winner

RCLY

+0.54%

BTCC

-6.06%

Winner

RCLY

+3.43%

BTCC

-23.46%

RCLY

N/A

BTCC

-35.08%

RCLY

N/A

Max(CAGR)

BTCC

-22.77%

Winner

RCLY

+3.29%

BTCC vs RCLY - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BTCC	RCLY
2026	-22.54%	+1.08%
2025	-6.29%	N/A

BTCC vs RCLY 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 RCLY was -3.69%, occurring on Mar 4, 2026. Recovery took 52 trading sessions.

The current BTCC drawdown is -39.99%.

Rank	BTCC	RCLY
#1	-44.31% Aug 13, 2025 - Feb 5, 2026	-3.69% Feb 11, 2026 - Apr 28, 2026
#2	-7.27% Apr 2, 2025 - Apr 16, 2025	-0.42% May 8, 2026 - Jun 10, 2026
#3	-2.86% Jul 24, 2025 - Aug 7, 2025	-0.09% May 4, 2026 - May 6, 2026
#4	-2.11% Jun 3, 2025 - Jun 9, 2025	N/A
#5	-2.03% Jun 16, 2025 - Jun 25, 2025	N/A
#6	-1.58% Jul 17, 2025 - Jul 24, 2025	N/A
#7	-1.34% May 27, 2025 - Jun 3, 2025	N/A
#8	-1.03% Jun 11, 2025 - Jun 16, 2025	N/A
#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