BTCC vs SHRT

Comparison between GRAYSCALE BITCOIN COVERED CALL ETF (BTCC, ETF) and GOTHAM SHORT STRATEGIES ETF (SHRT, ETF).

BTCC vs SHRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTCC(ETF)	SHRT(ETF)
Net Assets	$17M	$17M
Expense Ratio	0.65%	1.35%
Max Drawdown	65.50%	26.66%
Sharpe Ratio	-1.37	-1.94
5Y Beta	0.77	-0.43
P/E Ratio	N/A	26.09
Forward P/E	N/A	16.37
Debt to Equity	N/A	-2.50%
P/S Ratio	N/A	1.61
P/B Ratio	N/A	3.55

Net Assets

BTCC

$17M

SHRT

$17M

Expense Ratio

Winner

BTCC

0.65%

SHRT

1.35%

Max Drawdown

BTCC

65.50%

Winner

SHRT

26.66%

Sharpe Ratio

Winner

BTCC

-1.37

SHRT

-1.94

5Y Beta

BTCC

0.77

Winner

SHRT

-0.43

P/E Ratio

BTCC

N/A

SHRT

26.09

Forward P/E

BTCC

N/A

SHRT

16.37

Debt to Equity

BTCC

N/A

SHRT

-2.50%

P/S Ratio

BTCC

N/A

SHRT

1.61

P/B Ratio

BTCC

N/A

SHRT

3.55

BTCC vs SHRT - Holdings Comparison

BTCC and SHRT have 1 common holdings. Overlap is 0.22%

BTCC's top 25 holdings weight is 0.22%. SHRT's top 25 holdings weight is 170.29%.

Rank	BTCC	SHRT
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.22%	CASH OFFSET (n/a) - 129.75%
#2	N/A	US DOLLARS (n/a) - 9.76%
#3	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.89%
#4	N/A	MICRON TECHNOLOGY INC (MU) - 2.10%
#5	N/A	TECHNIPFMC PLC (FTI) - 1.45%
#6	N/A	UBER TECHNOLOGIES INC (UBER) - 1.31%
#7	N/A	HEWLETT PACKARD ENTERPRISE CO (HPE) - 1.29%
#8	N/A	AGNICO EAGLE MINES LTD (AEM) - 1.27%
#9	N/A	ADOBE INC (ADBE) - 1.24%
#10	N/A	n/a (DELL) - 1.21%
#11	N/A	ANALOG DEVICES INC (ADI) - 1.20%
#12	N/A	SALESFORCE INC (CRM) - 1.20%
#13	N/A	BLOOM ENERGY CORP CLASS A (BE) - 1.18%
#14	N/A	MARVELL TECHNOLOGY INC (MRVL) - 1.15%
#15	N/A	VALERO ENERGY CORP (VLO) - 1.13%
#16	N/A	MASIMO CORP (MASI) - 1.08%
#17	N/A	TRACTOR SUPPLY CO (TSCO) - 1.05%
#18	N/A	SOMNIGROUP INTERNATIONAL INC (SGI) - 1.04%
#19	N/A	VIKING HOLDINGS LTD (VIK) - 1.03%
#20	N/A	COPART INC (CPRT) - 1.02%
#21	N/A	OCCIDENTAL PETROLEUM CORP (OXY) - 0.63%
#22	N/A	PEPSICO INC (PEP) - 0.60%
#23	N/A	NETFLIX INC (NFLX) - 0.57%
#24	N/A	NUTRIEN LTD (NTR) - 0.57%
#25	N/A	AMENTUM HOLDINGS INC (AMTM) - 0.57%
Total Holdings	1	659

BTCC vs SHRT - Historical Returns

Returns include dividend reinvestment.

Period	BTCC	SHRT
1 month	-22.27%	-1.43%
3 months	-12.25%	-12.41%
6 months	-26.51%	-14.56%
1 year	-36.70%	-19.95%
Max(CAGR)	-26.97%	-9.44%

BTCC

-22.27%

Winner

SHRT

-1.43%

Winner

BTCC

-12.25%

SHRT

-12.41%

BTCC

-26.51%

Winner

SHRT

-14.56%

BTCC

-36.70%

Winner

SHRT

-19.95%

Max(CAGR)

BTCC

-26.97%

Winner

SHRT

-9.44%

BTCC vs SHRT - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	BTCC	SHRT
2026	-27.11%	-15.86%
2025	-6.29%	-1.29%
2024	N/A	-2.64%
2023	N/A	-5.83%

BTCC vs SHRT 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 SHRT was -25.99%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current BTCC drawdown is -43.53%. The current SHRT drawdown is -24.49%.

Rank	BTCC	SHRT
#1	-44.31% Aug 13, 2025 - Feb 5, 2026	-25.99% Aug 5, 2024 - Jun 2, 2026
#2	-7.27% Apr 2, 2025 - Apr 16, 2025	-7.34% Apr 19, 2024 - Aug 5, 2024
#3	-2.86% Jul 24, 2025 - Aug 7, 2025	-6.52% Nov 6, 2023 - Apr 19, 2024
#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