BTCL vs BESF

Comparison between T-REX 2X LONG BITCOIN DAILY TARGET ETF (BTCL, ETF) and BASTION ENERGY ETF (BESF, ETF).

BTCL vs BESF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTCL(ETF)	BESF(ETF)
Net Assets	$34M	$34M
Expense Ratio	N/A	0.80%
Max Drawdown	83.47%	10.16%
Sharpe Ratio	-1.29	2.07
5Y Beta	2.57	0.28
P/E Ratio	N/A	56.88
Forward P/E	N/A	10.22
P/S Ratio	N/A	2.34
P/B Ratio	N/A	2.28

Net Assets

BTCL

$34M

BESF

$34M

Expense Ratio

BTCL

N/A

BESF

0.80%

Max Drawdown

BTCL

83.47%

Winner

BESF

10.16%

Sharpe Ratio

BTCL

-1.29

Winner

BESF

2.07

5Y Beta

BTCL

2.57

Winner

BESF

0.28

P/E Ratio

BTCL

N/A

BESF

56.88

Forward P/E

BTCL

N/A

BESF

10.22

P/S Ratio

BTCL

N/A

BESF

2.34

P/B Ratio

BTCL

N/A

BESF

2.28

BTCL vs BESF - Holdings Comparison

BTCL and BESF have 0 common holdings. Overlap is 0.00%

BTCL's top 25 holdings weight is 94.72%. BESF's top 25 holdings weight is 99.98%.

Rank	BTCL	BESF
#1	ISHARES BITCOIN TRUST ETF (IBIT) - 92.22%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 12.77%
#2	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 2.50%	NEXTDECADE CORP (NEXT) - 9.10%
#3	N/A	WILLIAMS COMPANIES INC (WMB) - 5.27%
#4	N/A	CHENIERE ENERGY INC (LNG) - 5.17%
#5	N/A	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 5.10%
#6	N/A	ONEOK INC (OKE) - 5.02%
#7	N/A	PROPETRO HOLDING CORP (PUMP) - 4.57%
#8	N/A	SEMPRA (SRE) - 4.47%
#9	N/A	EOG RESOURCES INC (EOG) - 4.29%
#10	N/A	WESTERN MIDSTREAM PARTNERS LP (WES) - 4.27%
#11	N/A	ATLAS ENERGY SOLUTIONS INC CLASS A (AESI) - 4.19%
#12	N/A	KINETIK HOLDINGS INC (KNTK) - 4.16%
#13	N/A	EQT CORP (EQT) - 4.16%
#14	N/A	ANTERO RESOURCES CORP (AR) - 4.12%
#15	N/A	DIAMONDBACK ENERGY INC (FANG) - 3.96%
#16	N/A	DEVON ENERGY CORP (DVN) - 3.62%
#17	N/A	OVINTIV INC (OVV) - 3.36%
#18	N/A	EXPAND ENERGY CORP ORDINARY SHARES NEW (EXE) - 3.30%
#19	N/A	VENTURE GLOBAL INC ORDINARY SHARES CLASS A (VG) - 3.30%
#20	N/A	EXCELERATE ENERGY INC CLASS A (EE) - 3.28%
#21	N/A	RILEY EXPLORATION PERMIAN INC (REPX) - 2.49%
#22	N/A	OTHER ASSETS AND LIABILITIES (n/a) - 0.01%
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	2	22

BTCL vs BESF - Historical Returns

Returns include dividend reinvestment.

Period	BTCL	BESF
1 month	-46.69%	-4.62%
3 months	-33.31%	+2.16%
6 months	-62.93%	+16.12%
1 year	-76.03%	+67.68%
Max(CAGR)	-31.05%	+66.42%

BTCL

-46.69%

Winner

BESF

-4.62%

BTCL

-33.31%

Winner

BESF

+2.16%

BTCL

-62.93%

Winner

BESF

+16.12%

BTCL

-76.03%

Winner

BESF

+67.68%

Max(CAGR)

BTCL

-31.05%

Winner

BESF

+66.42%

BTCL vs BESF - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	BTCL	BESF
2026	-62.21%	+14.08%
2025	-44.58%	+41.12%
2024	+104.77%	N/A

BTCL vs BESF Drawdown Comparison

The maximum drawdown for BTCL was -82.70%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for BESF was -9.89%, occurring on Apr 17, 2026. Recovery took 36 trading sessions.

The current BTCL drawdown is -82.70%. The current BESF drawdown is -7.21%.

Rank	BTCL	BESF
#1	-82.70% Aug 13, 2025 - Jun 5, 2026	-9.89% Mar 27, 2026 - May 19, 2026
#2	-56.54% Dec 17, 2024 - Aug 13, 2025	-8.90% May 19, 2026 - May 29, 2026
#3	-44.16% Jul 22, 2024 - Nov 6, 2024	-7.73% Oct 15, 2025 - Dec 3, 2025
#4	-17.14% Nov 22, 2024 - Dec 6, 2024	-6.55% Dec 9, 2025 - Jan 2, 2026
#5	-10.82% Dec 6, 2024 - Dec 16, 2024	-5.68% Aug 28, 2025 - Sep 24, 2025
#6	-5.20% Nov 13, 2024 - Nov 15, 2024	-5.30% Jul 18, 2025 - Aug 26, 2025
#7	-5.13% Jul 16, 2024 - Jul 19, 2024	-4.65% Oct 9, 2025 - Oct 14, 2025
#8	-0.57% Jul 10, 2024 - Jul 12, 2024	-3.84% Jan 5, 2026 - Jan 21, 2026
#9	-0.08% Nov 15, 2024 - Nov 19, 2024	-2.55% Sep 25, 2025 - Oct 1, 2025
#10	N/A	-2.53% Jun 13, 2025 - Jul 2, 2025
#11	N/A	-1.94% Jul 3, 2025 - Jul 11, 2025
#12	N/A	-1.60% Mar 2, 2026 - Mar 11, 2026
#13	N/A	-1.41% Jan 30, 2026 - Feb 6, 2026
#14	N/A	-0.95% Oct 6, 2025 - Oct 8, 2025
#15	N/A	-0.92% Oct 1, 2025 - Oct 3, 2025

Correlation

Correlation between BTCL and BESF is -0.96 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.96

-101