NVBT vs BTCL

Comparison between ALLIANZIM U.S. EQUITY BUFFER10 NOV ETF (NVBT, ETF) and T-REX 2X LONG BITCOIN DAILY TARGET ETF (BTCL, ETF).

NVBT vs BTCL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVBT(ETF)	BTCL(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.74%	N/A
Max Drawdown	12.90%	83.47%
Sharpe Ratio	1.46	-1.27
5Y Beta	0.59	2.57

Net Assets

NVBT

$31M

Winner

BTCL

$31M

Expense Ratio

NVBT

0.74%

BTCL

N/A

Max Drawdown

Winner

NVBT

12.90%

BTCL

83.47%

Sharpe Ratio

Winner

NVBT

1.46

BTCL

-1.27

5Y Beta

Winner

NVBT

0.59

BTCL

2.57

NVBT vs BTCL - Historical Returns

Returns include dividend reinvestment.

Period	NVBT	BTCL
1 month	+0.55%	-39.93%
3 months	+8.13%	-24.61%
6 months	+6.96%	-59.67%
1 year	+16.61%	-75.95%
Max(CAGR)	+13.29%	-27.31%

Winner

NVBT

+0.55%

BTCL

-39.93%

Winner

NVBT

+8.13%

BTCL

-24.61%

Winner

NVBT

+6.96%

BTCL

-59.67%

Winner

NVBT

+16.61%

BTCL

-75.95%

Max(CAGR)

Winner

NVBT

+13.29%

BTCL

-27.31%

NVBT vs BTCL - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	NVBT	BTCL
2026	+6.48%	-58.47%
2025	+12.92%	-44.58%
2024	+12.31%	+104.77%
2023	+16.66%	N/A
2022	+0.24%	N/A

NVBT vs BTCL Drawdown Comparison

The maximum drawdown for NVBT was -12.90%, occurring on Apr 8, 2025. Recovery took 79 trading sessions.

The maximum drawdown for BTCL was -82.70%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current NVBT drawdown is -1.27%. The current BTCL drawdown is -80.98%.

Rank	NVBT	BTCL
#1	-12.90% Feb 19, 2025 - Jun 12, 2025	-82.70% Aug 13, 2025 - Jun 5, 2026
#2	-9.98% Jul 31, 2023 - Jan 12, 2024	-56.54% Dec 17, 2024 - Aug 13, 2025
#3	-6.21% Jan 27, 2026 - Apr 14, 2026	-44.16% Jul 22, 2024 - Nov 6, 2024
#4	-5.76% Feb 2, 2023 - Apr 18, 2023	-17.14% Nov 22, 2024 - Dec 6, 2024
#5	-4.83% Dec 1, 2022 - Jan 26, 2023	-10.82% Dec 6, 2024 - Dec 16, 2024
#6	-3.00% Nov 1, 2022 - Nov 10, 2022	-5.20% Nov 13, 2024 - Nov 15, 2024
#7	-2.94% Nov 12, 2025 - Nov 28, 2025	-5.13% Jul 16, 2024 - Jul 19, 2024
#8	-2.57% Jun 2, 2026 - Jun 10, 2026	-0.57% Jul 10, 2024 - Jul 12, 2024
#9	-2.47% Jul 31, 2024 - Aug 14, 2024	-0.08% Nov 15, 2024 - Nov 19, 2024
#10	-2.21% Dec 6, 2024 - Jan 21, 2025	N/A
#11	-2.11% May 1, 2023 - May 18, 2023	N/A
#12	-1.89% Apr 18, 2023 - Apr 28, 2023	N/A
#13	-1.78% Jun 15, 2023 - Jun 30, 2023	N/A
#14	-1.78% Jan 12, 2026 - Jan 27, 2026	N/A
#15	-1.66% May 18, 2023 - May 26, 2023	N/A

Correlation

Correlation between NVBT and BTCL is -0.35 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.35

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