DFMC vs GBTC

Comparison between U.S. Micro Cap Portfolio ETF Class Shares (DFMC, ETF) and Grayscale Investments LLC (GBTC, ETF).

DFMC vs GBTC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DFMC(ETF)	GBTC(ETF)
Net Assets	$8.10B	$8.10B
Expense Ratio	0.41%	1.50%
Max Drawdown	4.29%	89.91%
Sharpe Ratio	3.72	-1.24
5Y Beta	0.76	1.29
P/E Ratio	38.57	N/A
Forward P/E	14.33	N/A
5Y EPS CAGR	12.41%	N/A
P/S Ratio	1.24	N/A
P/B Ratio	2.11	N/A

Net Assets

DFMC

$8.10B

GBTC

$8.10B

Expense Ratio

Winner

DFMC

0.41%

GBTC

1.50%

Max Drawdown

Winner

DFMC

4.29%

GBTC

89.91%

Sharpe Ratio

Winner

DFMC

3.72

GBTC

-1.24

5Y Beta

Winner

DFMC

0.76

GBTC

1.29

P/E Ratio

DFMC

38.57

GBTC

N/A

Forward P/E

DFMC

14.33

GBTC

N/A

5Y EPS CAGR

DFMC

12.41%

GBTC

N/A

P/S Ratio

DFMC

1.24

GBTC

N/A

P/B Ratio

DFMC

2.11

GBTC

N/A

DFMC vs GBTC - Holdings Comparison

DFMC and GBTC have 0 common holdings. Overlap is 0.00%

DFMC's top 25 holdings weight is 16.41%. GBTC's top 25 holdings weight is 12.55%.

Rank	DFMC	GBTC
#1	DFA SHORT TERM INVESTMENT (n/a) - 7.25%	GRAYSCALE BITCOIN MINI TRUST (BTC) (BTC) - 12.55%
#2	SSC GOVERNMENT MM GVMXX (n/a) - 0.76%	N/A
#3	ARGAN INC (AGX) - 0.75%	N/A
#4	FUTURE ON E-MINI S&P 500 FUTURES (n/a) - 0.61%	N/A
#5	PLEXUS CORP (PLXS) - 0.57%	N/A
#6	POWELL INDUSTRIES INC (POWL) - 0.52%	N/A
#7	FIRST BANCORP (FBP) - 0.50%	N/A
#8	COVISTA INC (CVSA) - 0.38%	N/A
#9	ENOVA INTERNATIONAL INC (ENVA) - 0.36%	N/A
#10	AAR CORP (AIR) - 0.35%	N/A
#11	ENPRO INC (NPO) - 0.35%	N/A
#12	UNITED STATES LIME & MINERALS INC (USLM) - 0.33%	N/A
#13	MATSON INC (MATX) - 0.32%	N/A
#14	MYR GROUP INC (MYRG) - 0.32%	N/A
#15	MAXLINEAR INC (MXL) - 0.32%	N/A
#16	LAUREATE EDUCATION INC SHS (LAUR) - 0.30%	N/A
#17	EVERUS CONSTRUCTION GROUP INC (ECG) - 0.28%	N/A
#18	CENTURY ALUMINUM CO (CENX) - 0.28%	N/A
#19	BENCHMARK ELECTRONICS INC (BHE) - 0.27%	N/A
#20	GRANITE CONSTRUCTION INC (GVA) - 0.27%	N/A
#21	MATERION CORP (MTRN) - 0.27%	N/A
#22	ARCHROCK INC (AROC) - 0.27%	N/A
#23	TTM TECHNOLOGIES INC (TTMI) - 0.27%	N/A
#24	VICTORY CAPITAL HOLDINGS INC CLASS A (VCTR) - 0.26%	N/A
#25	BANCFIRST CORP (BANF) - 0.25%	N/A
Total Holdings	1659	1

DFMC vs GBTC - Historical Returns

Returns include dividend reinvestment.

Period	DFMC	GBTC
1 month	+4.11%	-2.22%
3 months	+12.07%	-15.11%
6 months	N/A	-33.25%
1 year	N/A	-46.99%
5 years(CAGR)	N/A	+13.70%
10 years(CAGR)	N/A	+45.40%
Max(CAGR)	+81.18%	+53.41%

Winner

DFMC

+4.11%

GBTC

-2.22%

Winner

DFMC

+12.07%

GBTC

-15.11%

DFMC

N/A

GBTC

-33.25%

DFMC

N/A

GBTC

-46.99%

5Y(CAGR)

DFMC

N/A

GBTC

+13.70%

10Y(CAGR)

DFMC

N/A

GBTC

+45.40%

Max(CAGR)

Winner

DFMC

+81.18%

GBTC

+53.41%

DFMC vs GBTC - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	DFMC	GBTC
2026	+20.58%	-29.03%
2025	N/A	-11.46%
2024	N/A	+100.87%
2023	N/A	+322.20%
2022	N/A	-75.81%
2021	N/A	-2.37%
2020	N/A	+301.00%
2019	N/A	+77.27%
2018	N/A	-84.05%
2017	N/A	+1558.98%
2016	N/A	+90.08%
2015	N/A	+50.01%

DFMC vs GBTC Drawdown Comparison

The maximum drawdown for DFMC was -4.29%, occurring on May 19, 2026. Recovery took 13 trading sessions.

The maximum drawdown for GBTC was -89.91%, occurring on Dec 14, 2018. Recovery took 766 trading sessions.

The current DFMC drawdown is -0.62%. The current GBTC drawdown is -49.43%.

Rank	DFMC	GBTC
#1	-4.29% May 6, 2026 - May 26, 2026	-89.91% Dec 18, 2017 - Jan 5, 2021
#2	-3.01% Mar 25, 2026 - Apr 1, 2026	-86.24% Feb 19, 2021 - Mar 4, 2024
#3	-2.80% Jun 30, 2026 - Jul 8, 2026	-57.96% May 5, 2015 - Dec 8, 2015
#4	-1.59% Jun 4, 2026 - Jun 11, 2026	-53.75% Oct 6, 2025 - Jun 30, 2026
#5	-1.54% Apr 27, 2026 - Apr 30, 2026	-48.42% Aug 31, 2017 - Nov 3, 2017
#6	-1.48% Jun 12, 2026 - Jun 18, 2026	-41.48% Jun 17, 2016 - Jan 3, 2017
#7	-1.12% Jun 2, 2026 - Jun 4, 2026	-36.93% Dec 15, 2015 - Apr 21, 2016
#8	-1.00% May 1, 2026 - May 5, 2026	-36.68% Jun 6, 2017 - Aug 10, 2017
#9	-0.81% Apr 20, 2026 - Apr 27, 2026	-35.04% Mar 13, 2024 - Nov 11, 2024
#10	-0.79% Apr 9, 2026 - Apr 13, 2026	-30.26% Jan 7, 2021 - Feb 8, 2021
#11	-0.61% May 28, 2026 - Jun 2, 2026	-28.76% Jan 4, 2017 - May 1, 2017
#12	-0.15% Apr 14, 2026 - Apr 16, 2026	-28.45% Dec 17, 2024 - May 21, 2025
#13	-0.02% May 26, 2026 - May 28, 2026	-19.31% May 9, 2017 - May 22, 2017
#14	N/A	-18.18% May 9, 2016 - May 31, 2016
#15	N/A	-15.79% Nov 3, 2017 - Nov 20, 2017

Correlation

Correlation between DFMC and GBTC 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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