HEQT vs BTCO
Comparison between SIMPLIFY HEDGED EQUITY ETF (HEQT, ETF) and Invesco Galaxy Bitcoin ETF (BTCO, ETF).
HEQT vs BTCO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
HEQT
$314M
BTCO
$314M
Expense Ratio
HEQT
0.43%
Winner
BTCO
0.25%
Max Drawdown
Winner
HEQT
13.07%
BTCO
53.33%
Sharpe Ratio
Winner
HEQT
1.25
BTCO
-1.16
5Y Beta
Winner
HEQT
0.47
BTCO
1.29
HEQT vs BTCO - Historical Returns
Returns include dividend reinvestment.
1M
HEQT
+0.96%
Winner
BTCO
+3.87%
3M
Winner
HEQT
+2.57%
BTCO
-16.75%
6M
Winner
HEQT
+3.82%
BTCO
-27.71%
1Y
Winner
HEQT
+11.42%
BTCO
-45.51%
5Y(CAGR)
HEQT
+8.89%
BTCO
N/A
Max(CAGR)
HEQT
+8.89%
Winner
BTCO
+13.72%
HEQT vs BTCO - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | HEQT | BTCO |
|---|---|---|
| 2026 | +5.05% | -27.96% |
| 2025 | +10.19% | -10.39% |
| 2024 | +18.25% | +100.54% |
| 2023 | +16.76% | N/A |
| 2022 | -8.51% | N/A |
| 2021 | +2.16% | N/A |
HEQT vs BTCO Drawdown Comparison
The maximum drawdown for HEQT was -11.51%, occurring on Jun 16, 2022. Recovery took 356 trading sessions.
The maximum drawdown for BTCO was -53.33%, occurring on Jun 30, 2026. This drawdown has not yet recovered.
The current HEQT drawdown is -1.01%. The current BTCO drawdown is -48.52%.
| Rank | HEQT | BTCO |
|---|---|---|
| #1 | -11.51% Jan 4, 2022 - Jun 6, 2023 | -53.33% Oct 6, 2025 - Jun 30, 2026 |
| #2 | -10.56% Feb 19, 2025 - Jul 22, 2025 | -28.03% Dec 17, 2024 - May 20, 2025 |
| #3 | -5.87% Aug 30, 2023 - Nov 20, 2023 | -27.35% Mar 13, 2024 - Nov 6, 2024 |
| #4 | -5.09% Feb 25, 2026 - Apr 16, 2026 | -15.82% Jan 11, 2024 - Feb 9, 2024 |
| #5 | -5.04% Jul 16, 2024 - Aug 19, 2024 | -11.98% Aug 13, 2025 - Oct 6, 2025 |
| #6 | -2.99% Aug 30, 2024 - Sep 16, 2024 | -8.53% Mar 4, 2024 - Mar 7, 2024 |
| #7 | -2.90% Dec 11, 2024 - Jan 22, 2025 | -8.47% Nov 22, 2024 - Dec 6, 2024 |
| #8 | -2.68% Mar 28, 2024 - May 6, 2024 | -8.39% May 22, 2025 - Jul 9, 2025 |
| #9 | -2.57% Nov 11, 2025 - Nov 28, 2025 | -5.76% Jul 14, 2025 - Aug 13, 2025 |
| #10 | -2.26% Jul 31, 2023 - Aug 30, 2023 | -5.28% Dec 6, 2024 - Dec 13, 2024 |
| #11 | -2.03% Nov 18, 2021 - Dec 8, 2021 | -2.57% Nov 13, 2024 - Nov 15, 2024 |
| #12 | -1.61% Jun 2, 2026 - Jun 16, 2026 | -1.94% Feb 20, 2024 - Feb 22, 2024 |
| #13 | -1.51% Feb 2, 2026 - Feb 9, 2026 | -1.75% Feb 22, 2024 - Feb 26, 2024 |
| #14 | -1.48% Dec 15, 2021 - Dec 23, 2021 | -1.55% Feb 12, 2024 - Feb 14, 2024 |
| #15 | -1.47% Dec 11, 2025 - Dec 22, 2025 | -0.98% Mar 11, 2024 - Mar 13, 2024 |
Correlation
Correlation between HEQT and BTCO is 0.31 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.31
-101
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