BTCL vs FMQQ

Comparison between T-REX 2X LONG BITCOIN DAILY TARGET ETF (BTCL, ETF) and FMQQ THE NEXT FRONTIER INTERNET ETF (FMQQ, ETF).

BTCL vs FMQQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTCL(ETF)	FMQQ(ETF)
Net Assets	$20M	$20M
Expense Ratio	N/A	0.86%
Max Drawdown	84.72%	64.51%
Sharpe Ratio	-1.32	-1.05
5Y Beta	2.58	0.86

Net Assets

BTCL

$20M

FMQQ

$20M

Expense Ratio

BTCL

N/A

FMQQ

0.86%

Max Drawdown

BTCL

84.72%

Winner

FMQQ

64.51%

Sharpe Ratio

BTCL

-1.32

Winner

FMQQ

-1.05

5Y Beta

BTCL

2.58

Winner

FMQQ

0.86

BTCL vs FMQQ - Holdings Comparison

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

BTCL's top 25 holdings weight is 94.72%. FMQQ's top 25 holdings weight is 93.06%.

Rank	BTCL	FMQQ
#1	ISHARES BITCOIN TRUST ETF (IBIT) - 92.22%	SEA LTD ADR (SE) - 8.08%
#2	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 2.50%	MERCADOLIBRE INC (MELI) - 7.92%
#3	N/A	RELIANCE INDUSTRIES LTD (n/a) - 7.39%
#4	N/A	NU HOLDINGS LTD ORDINARY SHARES CLASS A (NU) - 6.62%
#5	N/A	BAJAJ FINANCE LTD (n/a) - 6.28%
#6	N/A	ALLEGRO.EU SA ORDINARY SHARES (n/a) - 5.07%
#7	N/A	ETERNAL LTD (n/a) - 4.85%
#8	N/A	GRAB HOLDINGS LTD CLASS A (GRAB) - 4.62%
#9	N/A	KASPI.KZ JSC ADS (KSPI) - 4.24%
#10	N/A	JIO FINANCIAL SERVICES LTD (n/a) - 4.15%
#11	N/A	XP INC CLASS A (XP) - 3.70%
#12	N/A	COUPANG INC ORDINARY SHARES CLASS A (CPNG) - 3.18%
#13	N/A	PB FINTECH LTD (n/a) - 3.08%
#14	N/A	ONE97 COMMUNICATIONS LTD (n/a) - 2.53%
#15	N/A	SWIGGY LTD (n/a) - 2.47%
#16	N/A	NAVER CORP (n/a) - 2.43%
#17	N/A	INFO EDGE (INDIA) LTD (n/a) - 2.38%
#18	N/A	LENSKART SOLUTIONS LTD (n/a) - 2.32%
#19	N/A	FSN E-COMMERCE VENTURES LTD (n/a) - 2.31%
#20	N/A	MAKEMYTRIP LTD (MMYT) - 2.28%
#21	N/A	BILLIONBRAINS GARAGE VENTURES LTD (n/a) - 1.54%
#22	N/A	MEESHO LTD (n/a) - 1.50%
#23	N/A	STONECO LTD CLASS A (STNE) - 1.49%
#24	N/A	PT GOTO GOJEK TOKOPEDIA TBK (n/a) - 1.47%
#25	N/A	DELIVERY HERO SE (n/a) - 1.16%
Total Holdings	2	44

BTCL vs FMQQ - Historical Returns

Returns include dividend reinvestment.

Period	BTCL	FMQQ
1 month	+4.20%	+4.84%
3 months	-27.40%	-0.12%
6 months	-55.54%	-8.33%
1 year	-78.00%	-16.57%
5 years(CAGR)	N/A	-13.69%
Max(CAGR)	-23.93%	-13.69%

BTCL

+4.20%

Winner

FMQQ

+4.84%

BTCL

-27.40%

Winner

FMQQ

-0.12%

BTCL

-55.54%

Winner

FMQQ

-8.33%

BTCL

-78.00%

Winner

FMQQ

-16.57%

5Y(CAGR)

BTCL

N/A

FMQQ

-13.69%

Max(CAGR)

BTCL

-23.93%

Winner

FMQQ

-13.69%

BTCL vs FMQQ - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	BTCL	FMQQ
2026	-55.98%	-12.57%
2025	-44.58%	+8.74%
2024	+104.77%	+14.13%
2023	N/A	+16.04%
2022	N/A	-54.27%
2021	N/A	-15.21%

BTCL vs FMQQ Drawdown Comparison

The maximum drawdown for BTCL was -84.01%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for FMQQ was -64.51%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current BTCL drawdown is -79.84%. The current FMQQ drawdown is -52.39%.

Rank	BTCL	FMQQ
#1	-84.01% Aug 13, 2025 - Jun 30, 2026	-64.51% Oct 19, 2021 - Oct 14, 2022
#2	-56.54% Dec 17, 2024 - Aug 13, 2025	-3.78% Oct 1, 2021 - Oct 15, 2021
#3	-44.16% Jul 22, 2024 - Nov 6, 2024	-0.37% Sep 28, 2021 - Sep 30, 2021
#4	-17.14% Nov 22, 2024 - Dec 6, 2024	N/A
#5	-10.82% Dec 6, 2024 - Dec 16, 2024	N/A
#6	-5.20% Nov 13, 2024 - Nov 15, 2024	N/A
#7	-5.13% Jul 16, 2024 - Jul 19, 2024	N/A
#8	-0.57% Jul 10, 2024 - Jul 12, 2024	N/A
#9	-0.08% Nov 15, 2024 - Nov 19, 2024	N/A