GBTC vs DFCF

Comparison between Grayscale Investments LLC (GBTC, ETF) and DIMENSIONAL CORE FIXED INCOME ETF (DFCF, ETF).

5-Year PerformanceGBTC has outperformed DFCF, delivering a return of +9.8% compared to +0.2%

GBTC vs DFCF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GBTC(ETF)	DFCF(ETF)
Net Assets	$11B	$11B
Expense Ratio	1.50%	0.17%
Max Drawdown	89.91%	21.67%
Sharpe Ratio	-0.97	0.31
5Y Beta	1.28	0.07

Net Assets

Winner

GBTC

$11B

DFCF

$11B

Expense Ratio

GBTC

1.50%

Winner

DFCF

0.17%

Max Drawdown

GBTC

89.91%

Winner

DFCF

21.67%

Sharpe Ratio

GBTC

-0.97

Winner

DFCF

0.31

5Y Beta

GBTC

1.28

Winner

DFCF

0.07

GBTC vs DFCF - Historical Returns

Returns include dividend reinvestment.

Period	GBTC	DFCF
1 month	-22.74%	-0.49%
3 months	-10.50%	-0.91%
6 months	-33.89%	+0.65%
1 year	-43.81%	+5.57%
5 years(CAGR)	+9.85%	+0.20%
10 years(CAGR)	+47.89%	N/A
Max(CAGR)	+53.55%	+0.20%

GBTC

-22.74%

Winner

DFCF

-0.49%

GBTC

-10.50%

Winner

DFCF

-0.91%

GBTC

-33.89%

Winner

DFCF

+0.65%

GBTC

-43.81%

Winner

DFCF

+5.57%

5Y(CAGR)

Winner

GBTC

+9.85%

DFCF

+0.20%

10Y(CAGR)

GBTC

+47.89%

DFCF

N/A

Max(CAGR)

Winner

GBTC

+53.55%

DFCF

+0.20%

GBTC vs DFCF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	GBTC	DFCF
2026	-31.37%	+0.23%
2025	-11.46%	+7.86%
2024	+100.87%	+1.97%
2023	+322.20%	+6.49%
2022	-75.81%	-13.97%
2021	-2.37%	+0.23%
2020	+301.00%	N/A
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 DFCF Drawdown Comparison

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

The maximum drawdown for DFCF was -19.56%, occurring on Oct 20, 2022. Recovery took 970 trading sessions.

The current GBTC drawdown is -51.09%. The current DFCF drawdown is -1.62%.

Rank	GBTC	DFCF
#1	-89.91% Dec 18, 2017 - Jan 5, 2021	-19.56% Dec 3, 2021 - Oct 16, 2025
#2	-86.24% Feb 19, 2021 - Mar 4, 2024	-2.79% Feb 27, 2026 - Mar 27, 2026
#3	-57.96% May 5, 2015 - Dec 8, 2015	-1.11% Oct 28, 2025 - Nov 26, 2025
#4	-52.45% Oct 6, 2025 - Jun 5, 2026	-0.94% Nov 19, 2021 - Nov 30, 2021
#5	-48.42% Aug 31, 2017 - Nov 3, 2017	-0.84% Nov 26, 2025 - Jan 14, 2026
#6	-41.48% Jun 17, 2016 - Jan 3, 2017	-0.72% Jan 14, 2026 - Feb 5, 2026
#7	-36.93% Dec 15, 2015 - Apr 21, 2016	-0.21% Oct 22, 2025 - Oct 27, 2025
#8	-36.68% Jun 6, 2017 - Aug 10, 2017	-0.18% Oct 16, 2025 - Oct 20, 2025
#9	-35.04% Mar 13, 2024 - Nov 11, 2024	-0.16% Feb 10, 2026 - Feb 12, 2026
#10	-30.26% Jan 7, 2021 - Feb 8, 2021	-0.12% Nov 30, 2021 - Dec 3, 2021
#11	-28.76% Jan 4, 2017 - May 1, 2017	-0.08% Feb 17, 2026 - Feb 23, 2026
#12	-28.45% Dec 17, 2024 - May 21, 2025	-0.07% Feb 23, 2026 - Feb 26, 2026
#13	-19.31% May 9, 2017 - May 22, 2017	N/A
#14	-18.18% May 9, 2016 - May 31, 2016	N/A
#15	-15.79% Nov 3, 2017 - Nov 20, 2017	N/A