ICOI vs THYM

Comparison between BITWISE COIN OPTION INCOME STRATEGY ETF (ICOI, ETF) and T. ROWE PRICE HIGH INCOME MUNICIPAL ETF (THYM, ETF).

ICOI vs THYM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ICOI(ETF)	THYM(ETF)
Net Assets	$24M	$24M
Expense Ratio	0.96%	0.32%
Max Drawdown	84.26%	3.43%
Sharpe Ratio	-1.09	0.65
5Y Beta	1.73	0.14

Net Assets

ICOI

$24M

Winner

THYM

$24M

Expense Ratio

ICOI

0.96%

Winner

THYM

0.32%

Max Drawdown

ICOI

84.26%

Winner

THYM

3.43%

Sharpe Ratio

ICOI

-1.09

Winner

THYM

0.65

5Y Beta

ICOI

1.73

Winner

THYM

0.14

ICOI vs THYM - Historical Returns

Returns include dividend reinvestment.

Period	ICOI	THYM
1 month	-14.35%	+1.00%
3 months	-16.70%	+1.33%
6 months	-35.68%	+3.44%
1 year	-44.31%	N/A
Max(CAGR)	-29.50%	+6.48%

ICOI

-14.35%

Winner

THYM

+1.00%

ICOI

-16.70%

Winner

THYM

+1.33%

ICOI

-35.68%

Winner

THYM

+3.44%

ICOI

-44.31%

THYM

N/A

Max(CAGR)

ICOI

-29.50%

Winner

THYM

+6.48%

ICOI vs THYM - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	ICOI	THYM
2026	-29.56%	+3.05%
2025	-9.52%	+0.27%

ICOI vs THYM Drawdown Comparison

The maximum drawdown for ICOI was -58.68%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for THYM was -2.93%, occurring on Mar 27, 2026. Recovery took 46 trading sessions.

The current ICOI drawdown is -58.41%. The current THYM drawdown is -0.52%.

Rank	ICOI	THYM
#1	-58.68% Jul 18, 2025 - Feb 5, 2026	-2.93% Mar 2, 2026 - May 6, 2026
#2	-10.29% Apr 3, 2025 - Apr 9, 2025	-1.30% May 7, 2026 - May 27, 2026
#3	-7.97% May 22, 2025 - Jun 20, 2025	-0.79% Jan 14, 2026 - Feb 2, 2026
#4	-4.93% May 14, 2025 - May 16, 2025	-0.52% Jun 4, 2026 - Jun 5, 2026
#5	-4.33% Jun 24, 2025 - Jun 27, 2025	-0.43% Feb 19, 2026 - Feb 26, 2026
#6	-3.52% Apr 9, 2025 - Apr 14, 2025	-0.41% Nov 28, 2025 - Dec 29, 2025
#7	-2.47% Apr 14, 2025 - Apr 22, 2025	-0.24% Feb 2, 2026 - Feb 9, 2026
#8	-2.00% Jun 30, 2025 - Jul 2, 2025	-0.18% Jan 7, 2026 - Jan 14, 2026
#9	-1.20% May 2, 2025 - May 8, 2025	-0.07% Nov 20, 2025 - Nov 24, 2025
#10	-0.97% May 19, 2025 - May 22, 2025	-0.06% Feb 17, 2026 - Feb 19, 2026
#11	-0.56% Jul 14, 2025 - Jul 16, 2025	-0.04% May 27, 2026 - May 29, 2026
#12	-0.54% Apr 29, 2025 - May 2, 2025	N/A
#13	-0.37% Apr 25, 2025 - Apr 29, 2025	N/A
#14	-0.25% Jul 7, 2025 - Jul 9, 2025	N/A

Correlation

Correlation between ICOI and THYM is -0.67 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.67

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