DEFI vs TAPR

Comparison between Hashdex Bitcoin Futures ETF (DEFI, ETF) and Barclays Bank PLC (TAPR, ETF).

DEFI vs TAPR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DEFI(ETF)	TAPR(ETF)
Net Assets	$10M	$11M
Expense Ratio	0.25%	0.79%
Max Drawdown	51.95%	90.11%
Sharpe Ratio	-1.12	1.09
5Y Beta	1.26	0.19

Net Assets

DEFI

$10M

Winner

TAPR

$11M

Expense Ratio

Winner

DEFI

0.25%

TAPR

0.79%

Max Drawdown

Winner

DEFI

51.95%

TAPR

90.11%

Sharpe Ratio

DEFI

-1.12

Winner

TAPR

1.09

5Y Beta

DEFI

1.26

Winner

TAPR

0.19

DEFI vs TAPR - Historical Returns

Returns include dividend reinvestment.

Period	DEFI	TAPR
1 month	-26.07%	+0.30%
3 months	-15.59%	+1.52%
6 months	-32.37%	+2.25%
1 year	-41.25%	+6.40%
5 years(CAGR)	N/A	-20.55%
10 years(CAGR)	N/A	+2.32%
Max(CAGR)	-5.92%	-5.25%

DEFI

-26.07%

Winner

TAPR

+0.30%

DEFI

-15.59%

Winner

TAPR

+1.52%

DEFI

-32.37%

Winner

TAPR

+2.25%

DEFI

-41.25%

Winner

TAPR

+6.40%

5Y(CAGR)

DEFI

N/A

TAPR

-20.55%

10Y(CAGR)

DEFI

N/A

TAPR

+2.32%

Max(CAGR)

DEFI

-5.92%

Winner

TAPR

-5.25%

DEFI vs TAPR - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	DEFI	TAPR
2026	-33.04%	+1.79%
2025	-10.57%	+6.44%
2024	+36.09%	N/A
2020	N/A	+589.51%
2019	N/A	-41.38%
2018	N/A	+7.01%
2017	N/A	-19.92%
2016	N/A	-13.89%
2015	N/A	-3.67%
2014	N/A	-29.55%

DEFI vs TAPR Drawdown Comparison

The maximum drawdown for DEFI was -51.95%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for TAPR was -90.11%, occurring on Mar 9, 2020. Recovery took 1423 trading sessions.

The current DEFI drawdown is -51.95%. The current TAPR drawdown is -76.40%.

Rank	DEFI	TAPR
#1	-51.95% Oct 6, 2025 - Jun 5, 2026	-90.11% Jul 15, 2014 - Mar 16, 2020
#2	-28.47% Dec 17, 2024 - May 21, 2025	-78.76% Mar 31, 2020 - Apr 8, 2025
#3	-26.06% Apr 8, 2024 - Oct 29, 2024	-36.29% Mar 17, 2020 - Mar 31, 2020
#4	-12.02% Aug 13, 2025 - Oct 6, 2025	N/A
#5	-8.24% Nov 22, 2024 - Dec 6, 2024	N/A
#6	-7.49% May 22, 2025 - Jul 9, 2025	N/A
#7	-7.49% Oct 29, 2024 - Nov 6, 2024	N/A
#8	-7.21% Mar 28, 2024 - Apr 8, 2024	N/A
#9	-5.81% Jul 14, 2025 - Aug 13, 2025	N/A
#10	-4.87% Dec 6, 2024 - Dec 13, 2024	N/A
#11	-2.35% Nov 13, 2024 - Nov 15, 2024	N/A

Correlation

Correlation between DEFI and TAPR is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101