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GSG vs BITX

Comparison between iShares S&P GSCI Commodity-Indexed Trust (GSG, ETF) and 2X BITCOIN STRATEGY ETF (BITX, ETF).

GSG vs BITX - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
GSG
$1.10B
Winner
BITX
$1.20B
Expense Ratio
GSG
0.75%
BITX
N/A
Max Drawdown
GSG
89.62%
Winner
BITX
84.21%
Sharpe Ratio
Winner
GSG
1.60
BITX
-1.26
5Y Beta
Winner
GSG
0.13
BITX
2.56

GSG vs BITX - Historical Returns

Returns include dividend reinvestment.

1M
Winner
GSG
-7.66%
BITX
-46.79%
3M
Winner
GSG
+11.59%
BITX
-32.86%
6M
Winner
GSG
+33.63%
BITX
-61.95%
1Y
Winner
GSG
+45.17%
BITX
-75.08%
5Y(CAGR)
GSG
+14.81%
BITX
N/A
10Y(CAGR)
GSG
+7.15%
BITX
N/A
Max(CAGR)
GSG
-2.21%
Winner
BITX
-1.30%

GSG vs BITX - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

YearGSGBITX
2026+36.93%-61.62%
2025+4.87%-43.53%
2024+9.67%+132.62%
2023-2.53%+47.23%
2022+23.57%N/A
2021+39.79%N/A
2020-24.31%N/A
2019+15.05%N/A
2018-14.36%N/A
2017+5.58%N/A
2016+10.98%N/A
2015-32.94%N/A
2014-31.19%N/A
2013-2.13%N/A
2012-4.01%N/A
2011-3.96%N/A
2010+4.28%N/A
2009+7.46%N/A
2008-47.66%N/A
2007+37.34%N/A
2006-18.64%N/A

GSG vs BITX Drawdown Comparison

The maximum drawdown for GSG was -89.62%, occurring on Apr 28, 2020. This drawdown has not yet recovered.

The maximum drawdown for BITX was -82.08%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current GSG drawdown is -58.64%. The current BITX drawdown is -82.08%.

RankGSGBITX
#1-89.62%
Jul 2, 2008 - Apr 28, 2020
-82.08%
Aug 13, 2025 - Jun 5, 2026
#2-30.43%
Aug 2, 2006 - Nov 2, 2007
-61.27%
Mar 13, 2024 - Nov 12, 2024
#3-9.48%
Mar 13, 2008 - Apr 15, 2008
-56.41%
Dec 17, 2024 - Aug 13, 2025
#4-8.78%
Jan 2, 2008 - Feb 14, 2008
-43.00%
Jul 13, 2023 - Oct 24, 2023
#5-7.74%
Nov 20, 2007 - Dec 26, 2007
-31.82%
Jan 8, 2024 - Feb 12, 2024
#6-6.56%
May 21, 2008 - Jun 6, 2008
-17.21%
Mar 4, 2024 - Mar 8, 2024
#7-5.02%
Apr 28, 2008 - May 5, 2008
-16.65%
Dec 8, 2023 - Jan 8, 2024
#8-4.51%
Nov 2, 2007 - Nov 20, 2007
-16.49%
Nov 22, 2024 - Dec 6, 2024
#9-3.32%
Jun 6, 2008 - Jun 12, 2008
-12.26%
Nov 10, 2023 - Nov 15, 2023
#10-2.65%
Jun 18, 2008 - Jun 26, 2008
-10.82%
Dec 6, 2024 - Dec 16, 2024
#11-2.40%
Mar 3, 2008 - Mar 5, 2008
-9.18%
Nov 15, 2023 - Nov 24, 2023
#12-2.21%
Apr 22, 2008 - Apr 28, 2008
-6.85%
Oct 25, 2023 - Nov 2, 2023
#13-1.71%
Feb 26, 2008 - Feb 28, 2008
-6.82%
Nov 24, 2023 - Nov 28, 2023
#14-1.27%
Feb 28, 2008 - Mar 3, 2008
-6.59%
Jul 3, 2023 - Jul 13, 2023
#15-1.21%
Jun 12, 2008 - Jun 18, 2008
-5.42%
Nov 13, 2024 - Nov 15, 2024

Correlation

Correlation between GSG and BITX is -0.25 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.25
-101

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