GBTC vs DFAU

Comparison between Grayscale Investments LLC (GBTC, ETF) and DIMENSIONAL US CORE EQUITY MARKET ETF (DFAU, ETF).

5-Year PerformanceDFAU has outperformed GBTC, delivering a return of +13.4% compared to +8.4%

GBTC vs DFAU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GBTC(ETF)	DFAU(ETF)
Net Assets	$12B	$12B
Expense Ratio	1.50%	0.12%
Max Drawdown	89.91%	24.34%
Sharpe Ratio	-0.47	1.99
5Y Beta	1.29	0.98
P/E Ratio	N/A	26.60
Forward P/E	N/A	19.20
5Y Dividends CAGR	N/A	45.93%
5Y EPS CAGR	N/A	23.67%
P/S Ratio	N/A	2.82
P/B Ratio	N/A	4.51

Net Assets

GBTC

$12B

DFAU

$12B

Expense Ratio

GBTC

1.50%

Winner

DFAU

0.12%

Max Drawdown

GBTC

89.91%

Winner

DFAU

24.34%

Sharpe Ratio

GBTC

-0.47

Winner

DFAU

1.99

5Y Beta

GBTC

1.29

Winner

DFAU

0.98

P/E Ratio

GBTC

N/A

DFAU

26.60

Forward P/E

GBTC

N/A

DFAU

19.20

5Y Dividends CAGR

GBTC

N/A

DFAU

45.93%

5Y EPS CAGR

GBTC

N/A

DFAU

23.67%

P/S Ratio

GBTC

N/A

DFAU

2.82

P/B Ratio

GBTC

N/A

DFAU

4.51

GBTC vs DFAU - Holdings Comparison

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

GBTC's top 25 holdings weight is 12.55%. DFAU's top 25 holdings weight is 43.99%.

Rank	GBTC	DFAU
#1	GRAYSCALE BITCOIN MINI TRUST (BTC) (BTC) - 12.55%	NVIDIA CORP (NVDA) - 6.96%
#2	N/A	APPLE INC (AAPL) - 6.16%
#3	N/A	MICROSOFT CORP (MSFT) - 5.19%
#4	N/A	AMAZON.COM INC (AMZN) - 3.13%
#5	N/A	ALPHABET INC CLASS A (GOOGL) - 2.65%
#6	N/A	META PLATFORMS INC CLASS A (META) - 2.26%
#7	N/A	BROADCOM INC (AVGO) - 2.25%
#8	N/A	ALPHABET INC CLASS C (GOOG) - 2.19%
#9	N/A	TESLA INC (TSLA) - 1.90%
#10	N/A	JPMORGAN CHASE & CO (JPM) - 1.31%
#11	N/A	ELI LILLY AND CO (LLY) - 1.25%
#12	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.17%
#13	N/A	VISA INC CLASS A (V) - 0.79%
#14	N/A	EXXON MOBIL CORP (XOM) - 0.74%
#15	N/A	MASTERCARD INC CLASS A (MA) - 0.71%
#16	N/A	JOHNSON & JOHNSON (JNJ) - 0.66%
#17	N/A	WALMART INC (WMT) - 0.64%
#18	N/A	ABBVIE INC (ABBV) - 0.56%
#19	N/A	PROCTER & GAMBLE CO (PG) - 0.55%
#20	N/A	NETFLIX INC (NFLX) - 0.52%
#21	N/A	BANK OF AMERICA CORP (BAC) - 0.50%
#22	N/A	THE HOME DEPOT INC (HD) - 0.50%
#23	N/A	ORACLE CORP (ORCL) - 0.48%
#24	N/A	COSTCO WHOLESALE CORP (COST) - 0.47%
#25	N/A	MICRON TECHNOLOGY INC (MU) - 0.45%
Total Holdings	1	2016

GBTC vs DFAU - Historical Returns

Returns include dividend reinvestment.

Period	GBTC	DFAU
1 month	+9.98%	+6.74%
3 months	+23.24%	+7.65%
6 months	-21.01%	+8.95%
1 year	-21.83%	+27.85%
5 years(CAGR)	+8.39%	+13.43%
10 years(CAGR)	+56.52%	N/A
Max(CAGR)	+57.77%	+15.35%

Winner

GBTC

+9.98%

DFAU

+6.74%

Winner

GBTC

+23.24%

DFAU

+7.65%

GBTC

-21.01%

Winner

DFAU

+8.95%

GBTC

-21.83%

Winner

DFAU

+27.85%

5Y(CAGR)

GBTC

+8.39%

Winner

DFAU

+13.43%

10Y(CAGR)

GBTC

+56.52%

DFAU

N/A

Max(CAGR)

Winner

GBTC

+57.77%

DFAU

+15.35%

GBTC vs DFAU - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	GBTC	DFAU
2026	-10.48%	+8.20%
2025	-11.46%	+16.92%
2024	+100.87%	+23.99%
2023	+322.20%	+25.25%
2022	-75.81%	-17.41%
2021	-2.37%	+28.75%
2020	+301.00%	+6.48%
2019	+77.27%	N/A
2018	-84.05%	N/A
2017	+1558.98%	N/A
2016	+90.08%	N/A
2015	+50.01%	N/A

GBTC vs DFAU Drawdown Comparison

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

The maximum drawdown for DFAU was -23.61%, occurring on Sep 30, 2022. Recovery took 488 trading sessions.

The current GBTC drawdown is -36.21%. The current DFAU drawdown is -0.24%.

Rank	GBTC	DFAU
#1	-89.91% Dec 18, 2017 - Jan 5, 2021	-23.61% Jan 4, 2022 - Dec 13, 2023
#2	-86.24% Feb 19, 2021 - Mar 4, 2024	-19.36% Feb 19, 2025 - Jun 27, 2025
#3	-57.96% May 5, 2015 - Dec 8, 2015	-8.67% Feb 9, 2026 - Apr 14, 2026
#4	-49.55% Oct 6, 2025 - Feb 5, 2026	-8.53% Jul 16, 2024 - Sep 19, 2024
#5	-48.42% Aug 31, 2017 - Nov 3, 2017	-5.50% Mar 28, 2024 - May 15, 2024
#6	-41.48% Jun 17, 2016 - Jan 3, 2017	-5.11% Oct 28, 2025 - Dec 5, 2025
#7	-36.93% Dec 15, 2015 - Apr 21, 2016	-4.98% Nov 16, 2021 - Dec 27, 2021
#8	-36.68% Jun 6, 2017 - Aug 10, 2017	-4.88% Dec 4, 2024 - Feb 18, 2025
#9	-35.04% Mar 13, 2024 - Nov 11, 2024	-4.58% Sep 2, 2021 - Oct 19, 2021
#10	-30.26% Jan 7, 2021 - Feb 8, 2021	-4.14% May 7, 2021 - Jun 8, 2021
#11	-28.76% Jan 4, 2017 - May 1, 2017	-4.01% Feb 12, 2021 - Mar 11, 2021
#12	-28.45% Dec 17, 2024 - May 21, 2025	-3.85% Jan 20, 2021 - Feb 4, 2021
#13	-19.31% May 9, 2017 - May 22, 2017	-3.42% Jul 12, 2021 - Jul 23, 2021
#14	-18.18% May 9, 2016 - May 31, 2016	-3.10% Oct 8, 2025 - Oct 24, 2025
#15	-15.79% Nov 3, 2017 - Nov 20, 2017	-2.92% Mar 17, 2021 - Apr 1, 2021