RAAY vs OWNB

Comparison between RECKONER YIELD ENHANCED AAA CLO ANNUAL ETF (RAAY, ETF) and BITWISE BITCOIN STANDARD CORPORATIONS ETF (OWNB, ETF).

RAAY vs OWNB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RAAY(ETF)	OWNB(ETF)
Net Assets	$15M	$15M
Expense Ratio	0.35%	0.85%
Max Drawdown	0.62%	59.77%
Sharpe Ratio	0.96	-0.89
5Y Beta	0.00	2.16
P/E Ratio	N/A	-1.59
Forward P/E	N/A	3.97
Debt to Equity	N/A	54.55%
P/S Ratio	N/A	3.95
P/B Ratio	N/A	1.39

Net Assets

Winner

RAAY

$15M

OWNB

$15M

Expense Ratio

Winner

RAAY

0.35%

OWNB

0.85%

Max Drawdown

Winner

RAAY

0.62%

OWNB

59.77%

Sharpe Ratio

Winner

RAAY

0.96

OWNB

-0.89

5Y Beta

Winner

RAAY

0.00

OWNB

2.16

P/E Ratio

RAAY

N/A

OWNB

-1.59

Forward P/E

RAAY

N/A

OWNB

3.97

Debt to Equity

RAAY

N/A

OWNB

54.55%

P/S Ratio

RAAY

N/A

OWNB

3.95

P/B Ratio

RAAY

N/A

OWNB

1.39

RAAY vs OWNB - Historical Returns

Returns include dividend reinvestment.

Period	RAAY	OWNB
1 month	+0.30%	-7.86%
3 months	+1.30%	-11.00%
6 months	+2.20%	-24.14%
1 year	N/A	-47.16%
Max(CAGR)	+5.09%	-12.90%

Winner

RAAY

+0.30%

OWNB

-7.86%

Winner

RAAY

+1.30%

OWNB

-11.00%

Winner

RAAY

+2.20%

OWNB

-24.14%

RAAY

N/A

OWNB

-47.16%

Max(CAGR)

Winner

RAAY

+5.09%

OWNB

-12.90%

RAAY vs OWNB - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	RAAY	OWNB
2026	+2.20%	-19.17%
2025	N/A	-3.57%

RAAY vs OWNB Drawdown Comparison

The maximum drawdown for RAAY was -0.62%, occurring on Mar 9, 2026. Recovery took 23 trading sessions.

The maximum drawdown for OWNB was -59.47%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current RAAY drawdown is -0.01%. The current OWNB drawdown is -51.59%.

Rank	RAAY	OWNB
#1	-0.62% Mar 2, 2026 - Apr 2, 2026	-59.47% Oct 15, 2025 - Mar 30, 2026
#2	-0.23% May 29, 2026 - Jun 17, 2026	-28.43% Mar 24, 2025 - May 8, 2025
#3	-0.13% Feb 23, 2026 - Mar 2, 2026	-22.47% Jul 16, 2025 - Oct 6, 2025
#4	-0.12% Feb 17, 2026 - Feb 23, 2026	-17.71% May 21, 2025 - Jul 2, 2025
#5	-0.02% Apr 20, 2026 - Apr 24, 2026	-6.69% Oct 6, 2025 - Oct 15, 2025
#6	-0.02% Jul 13, 2026 - Jul 15, 2026	-6.12% May 13, 2025 - May 19, 2025
#7	-0.02% Jun 23, 2026 - Jun 26, 2026	-4.43% Mar 17, 2025 - Mar 19, 2025
#8	-0.01% Jul 15, 2026 - Jul 16, 2026	-3.64% Jul 14, 2025 - Jul 16, 2025
#9	-0.01% Jun 30, 2026 - Jul 2, 2026	-3.42% Jul 3, 2025 - Jul 9, 2025
#10	-0.01% May 18, 2026 - May 22, 2026	-3.35% Mar 12, 2025 - Mar 14, 2025
#11	-0.00% Apr 27, 2026 - Apr 29, 2026	-0.20% Mar 19, 2025 - Mar 21, 2025
#12	-0.00% May 6, 2026 - May 8, 2026	N/A