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BTFX vs MEMA

Comparison between CoinShares Bitcoin Leverage ETF (BTFX, ETF) and Man Active Emerging Markets Alternative ETF (MEMA, ETF).

BTFX vs MEMA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
BTFX
$12M
MEMA
$12M
Expense Ratio
BTFX
N/A
MEMA
0.85%
Max Drawdown
BTFX
62.26%
Winner
MEMA
13.12%
Sharpe Ratio
BTFX
-0.47
Winner
MEMA
1.50
5Y Beta
BTFX
2.32
Winner
MEMA
1.63

BTFX vs MEMA - Holdings Comparison

BTFX and MEMA have 0 common holdings. Overlap is 0.00%

BTFX's top 25 holdings weight is 25.59%. MEMA's top 25 holdings weight is 75.92%.

RankBTFXMEMA
#1
FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 25.59%
n/a (n/a) - 14.34%
#2N/A
SAMSUNG ELECTRONICS CO LTD (n/a) - 10.26%
#3N/A
ISHARES MSCI INDIA ETF (INDA) - 9.13%
#4N/A
U.S. DOLLAR (n/a) - 5.93%
#5N/A
SK HYNIX INC (n/a) - 5.47%
#6N/A
DELTA ELECTRONICS INC (n/a) - 3.53%
#7N/A
TENCENT HOLDINGS LTD (n/a) - 2.86%
#8N/A
MEDIATEK INC (n/a) - 2.13%
#9N/A
ICICI BANK LTD ADR (IBN) - 1.59%
#10N/A
n/a (n/a) - 1.49%
#11N/A
BMG3GS6 TRS: SK SQUARE CO LTD (KP*) MS (n/a) - 1.48%
#12N/A
AL RAJHI BANK (n/a) - 1.43%
#13N/A
AXIA ENERGIA (n/a) - 1.42%
#14N/A
HD HYUNDAI (n/a) - 1.39%
#15N/A
GLOBAL UNICHIP CORP (n/a) - 1.32%
#16N/A
ACCTON TECHNOLOGY CORP (n/a) - 1.31%
#17N/A
HANMI SEMICONDUCTOR CO LTD (n/a) - 1.30%
#18N/A
HANWHA AEROSPACE CO LTD (n/a) - 1.30%
#19N/A
n/a (n/a) - 1.23%
#20N/A
NOVATEK MICROELECTRONICS CORP (n/a) - 1.23%
#21N/A
HD HYUNDAI HEAVY INDUSTRIES (n/a) - 1.17%
#22N/A
n/a (n/a) - 1.17%
#23N/A
n/a (n/a) - 1.16%
#24N/A
NETEASE INC ADR (NTES) - 1.16%
#25N/A
SHINHAN FINANCIAL GROUP CO LTD (n/a) - 1.12%
Total Holdings1481

BTFX vs MEMA - Historical Returns

Returns include dividend reinvestment.

1M
BTFX
-3.08%
Winner
MEMA
-2.93%
3M
BTFX
-44.32%
Winner
MEMA
+10.72%
6M
BTFX
-31.97%
Winner
MEMA
+20.67%
1Y
BTFX
-45.71%
MEMA
N/A
Max(CAGR)
BTFX
+15.36%
Winner
MEMA
+49.74%

BTFX vs MEMA - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearBTFXMEMA
2026N/A+14.58%
2025-40.83%+2.94%
2024+101.59%N/A

BTFX vs MEMA Drawdown Comparison

The maximum drawdown for BTFX was -62.26%, occurring on Sep 6, 2024. Recovery took 169 trading sessions.

The maximum drawdown for MEMA was -13.12%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.

The current BTFX drawdown is -52.21%. The current MEMA drawdown is -8.51%.

RankBTFXMEMA
#1-62.26%
Mar 13, 2024 - Nov 12, 2024
-13.12%
Feb 25, 2026 - Apr 17, 2026
#2-59.08%
Dec 17, 2024 - Nov 21, 2025
-8.51%
Jun 2, 2026 - Jun 5, 2026
#3-17.53%
Mar 4, 2024 - Mar 8, 2024
-6.51%
May 11, 2026 - May 27, 2026
#4-16.59%
Nov 22, 2024 - Dec 6, 2024
-3.53%
Jan 28, 2026 - Feb 11, 2026
#5-11.23%
Dec 6, 2024 - Dec 16, 2024
-2.22%
Apr 17, 2026 - Apr 24, 2026
#6-5.32%
Nov 13, 2024 - Nov 15, 2024
-1.47%
Jan 15, 2026 - Jan 22, 2026
#7-3.34%
Feb 22, 2024 - Feb 26, 2024
-1.37%
Apr 24, 2026 - Apr 30, 2026
#8-2.28%
Mar 11, 2024 - Mar 13, 2024
-1.01%
Feb 20, 2026 - Feb 24, 2026
#9-0.18%
Nov 15, 2024 - Nov 19, 2024
-1.00%
May 27, 2026 - Jun 1, 2026
#10N/A-0.99%
May 6, 2026 - May 8, 2026
#11N/A-0.98%
Feb 11, 2026 - Feb 20, 2026
#12N/A-0.82%
Jan 6, 2026 - Jan 12, 2026
#13N/A-0.53%
Jan 12, 2026 - Jan 15, 2026
#14N/A-0.51%
May 1, 2026 - May 5, 2026
#15N/A-0.51%
Dec 26, 2025 - Jan 2, 2026

Correlation

Correlation between BTFX and MEMA is 0.00 which considered as a very weak or no correlation - the stocks move independently of each other.

0.00
-101

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