BTF vs RMCA

Comparison between COINSHARES BITCOIN AND ETHER ETF (BTF, ETF) and ROCKEFELLER CALIFORNIA MUNICIPAL BOND ETF (RMCA, ETF).

BTF vs RMCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTF(ETF)	RMCA(ETF)
Net Assets	$16M	$16M
Expense Ratio	1.27%	0.55%
Max Drawdown	88.32%	8.45%
Sharpe Ratio	-0.77	0.89
5Y Beta	1.68	0.04

Net Assets

BTF

$16M

RMCA

$16M

Expense Ratio

BTF

1.27%

Winner

RMCA

0.55%

Max Drawdown

BTF

88.32%

Winner

RMCA

8.45%

Sharpe Ratio

BTF

-0.77

Winner

RMCA

0.89

5Y Beta

BTF

1.68

Winner

RMCA

0.04

BTF vs RMCA - Historical Returns

Returns include dividend reinvestment.

Period	BTF	RMCA
1 month	-30.00%	+0.79%
3 months	-20.89%	+1.21%
6 months	-40.36%	+2.82%
1 year	-39.62%	+7.25%
5 years(CAGR)	-11.60%	N/A
Max(CAGR)	-11.60%	+2.54%

BTF

-30.00%

Winner

RMCA

+0.79%

BTF

-20.89%

Winner

RMCA

+1.21%

BTF

-40.36%

Winner

RMCA

+2.82%

BTF

-39.62%

Winner

RMCA

+7.25%

5Y(CAGR)

BTF

-11.60%

RMCA

N/A

Max(CAGR)

BTF

-11.60%

Winner

RMCA

+2.54%

BTF vs RMCA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	BTF	RMCA
2026	-42.24%	+2.21%
2025	-14.00%	+2.15%
2024	+57.37%	-0.14%
2023	+135.55%	N/A
2022	-63.07%	N/A
2021	-26.38%	N/A

BTF vs RMCA Drawdown Comparison

The maximum drawdown for BTF was -77.50%, occurring on Nov 9, 2022. Recovery took 585 trading sessions.

The maximum drawdown for RMCA was -5.96%, occurring on Apr 11, 2025. Recovery took 211 trading sessions.

The current BTF drawdown is -60.09%. The current RMCA drawdown is -0.14%.

Rank	BTF	RMCA
#1	-77.50% Nov 9, 2021 - Mar 11, 2024	-5.96% Dec 6, 2024 - Oct 13, 2025
#2	-60.09% Oct 6, 2025 - Jun 5, 2026	-3.03% Oct 1, 2024 - Dec 2, 2024
#3	-50.88% Dec 16, 2024 - Aug 11, 2025	-2.35% Feb 27, 2026 - Apr 23, 2026
#4	-38.46% Mar 13, 2024 - Nov 21, 2024	-1.16% Apr 24, 2026 - May 28, 2026
#5	-14.67% Aug 13, 2025 - Oct 6, 2025	-1.03% Nov 26, 2025 - Jan 7, 2026
#6	-7.88% Dec 6, 2024 - Dec 16, 2024	-0.60% Jan 14, 2026 - Feb 3, 2026
#7	-6.05% Oct 25, 2021 - Nov 2, 2021	-0.56% Nov 11, 2025 - Nov 26, 2025
#8	-4.82% Nov 25, 2024 - Nov 27, 2024	-0.51% Oct 27, 2025 - Nov 11, 2025
#9	-4.12% Nov 2, 2021 - Nov 8, 2021	-0.37% Aug 23, 2024 - Sep 3, 2024
#10	-1.39% Mar 11, 2024 - Mar 13, 2024	-0.23% Feb 10, 2026 - Feb 12, 2026
#11	-1.31% Nov 27, 2024 - Dec 4, 2024	-0.21% Sep 27, 2024 - Oct 1, 2024
#12	-1.13% Dec 4, 2024 - Dec 6, 2024	-0.18% Sep 16, 2024 - Sep 27, 2024
#13	-0.57% Nov 21, 2024 - Nov 25, 2024	-0.16% Jun 2, 2026 - Jun 3, 2026
#14	N/A	-0.15% Dec 4, 2024 - Dec 6, 2024
#15	N/A	-0.14% Dec 2, 2024 - Dec 4, 2024

Correlation

Correlation between BTF and RMCA is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

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