TFNS vs BHDG

Comparison between T. ROWE PRICE FINANCIALS ETF (TFNS, ETF) and Nicholas Bitcoin Tail ETF (BHDG, ETF).

TFNS vs BHDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TFNS(ETF)	BHDG(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.44%	N/A
Max Drawdown	14.00%	15.06%
Sharpe Ratio	0.31	0.05
5Y Beta	0.78	-0.87
P/E Ratio	15.97	N/A
Forward P/E	15.08	N/A
PEG Ratio	0.39	N/A
5Y EPS CAGR	10.55%	N/A
Debt to Equity	79.36%	N/A
P/S Ratio	3.48	N/A
P/B Ratio	2.08	N/A

Net Assets

Winner

TFNS

$13M

BHDG

$13M

Expense Ratio

TFNS

0.44%

BHDG

N/A

Max Drawdown

Winner

TFNS

14.00%

BHDG

15.06%

Sharpe Ratio

Winner

TFNS

0.31

BHDG

0.05

5Y Beta

TFNS

0.78

Winner

BHDG

-0.87

P/E Ratio

TFNS

15.97

BHDG

N/A

Forward P/E

TFNS

15.08

BHDG

N/A

PEG Ratio

TFNS

0.39

BHDG

N/A

5Y EPS CAGR

TFNS

10.55%

BHDG

N/A

Debt to Equity

TFNS

79.36%

BHDG

N/A

P/S Ratio

TFNS

3.48

BHDG

N/A

P/B Ratio

TFNS

2.08

BHDG

N/A

TFNS vs BHDG - Holdings Comparison

TFNS and BHDG have 0 common holdings. Overlap is 0.00%

TFNS's top 25 holdings weight is 70.52%. BHDG's top 25 holdings weight is 81.74%.

Rank	TFNS	BHDG
#1	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 9.89%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 81.74%
#2	VISA INC CLASS A (V) - 6.88%	N/A
#3	MASTERCARD INC CLASS A (MA) - 5.70%	N/A
#4	BANK OF AMERICA CORP (BAC) - 4.99%	N/A
#5	JPMORGAN CHASE & CO (JPM) - 4.88%	N/A
#6	THE GOLDMAN SACHS GROUP INC (GS) - 4.41%	N/A
#7	WELLS FARGO & CO (WFC) - 3.80%	N/A
#8	CITIGROUP INC (C) - 3.56%	N/A
#9	CHARLES SCHWAB CORP (SCHW) - 3.47%	N/A
#10	MORGAN STANLEY (MS) - 3.07%	N/A
#11	CAPITAL ONE FINANCIAL CORP (COF) - 2.87%	N/A
#12	CHUBB LTD (CB) - 2.59%	N/A
#13	U.S. BANCORP (USB) - 2.04%	N/A
#14	MARSH (MRSH) - 1.98%	N/A
#15	BLACKROCK INC (BLK) - 1.84%	N/A
#16	ALLSTATE CORP (ALL) - 1.63%	N/A
#17	S&P GLOBAL INC (SPGI) - 1.57%	N/A
#18	APOLLO GLOBAL MANAGEMENT INC (APO) - 1.37%	N/A
#19	INTERCONTINENTAL EXCHANGE INC (ICE) - 1.37%	N/A
#20	AMERICAN INTERNATIONAL GROUP INC (AIG) - 1.32%	N/A
#21	BLACKSTONE INC (BX) - 0.27%	N/A
#22	BROWN & BROWN INC (BRO) - 0.26%	N/A
#23	LINCOLN INTERNATIONAL INC COMMON STOCK (n/a) - 0.26%	N/A
#24	MOODYS CORP (MCO) - 0.25%	N/A
#25	STEPSTONE GROUP INC ORDINARY SHARES CLASS A (STEP) - 0.25%	N/A
Total Holdings	36	1

TFNS vs BHDG - Historical Returns

Returns include dividend reinvestment.

Period	TFNS	BHDG
1 month	+1.28%	+12.78%
3 months	+3.04%	+0.59%
6 months	+0.11%	N/A
1 year	+7.32%	N/A
Max(CAGR)	+7.47%	+2.76%

TFNS

+1.28%

Winner

BHDG

+12.78%

Winner

TFNS

+3.04%

BHDG

+0.59%

TFNS

+0.11%

BHDG

N/A

TFNS

+7.32%

BHDG

N/A

Max(CAGR)

Winner

TFNS

+7.47%

BHDG

+2.76%

TFNS vs BHDG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	TFNS	BHDG
2026	-3.10%	+0.59%
2025	+10.41%	N/A

TFNS vs BHDG Drawdown Comparison

The maximum drawdown for TFNS was -14.00%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for BHDG was -15.06%, occurring on May 11, 2026. This drawdown has not yet recovered.

The current TFNS drawdown is -5.52%. The current BHDG drawdown is -3.49%.

Rank	TFNS	BHDG
#1	-14.00% Jan 6, 2026 - Mar 27, 2026	-15.06% Mar 27, 2026 - May 11, 2026
#2	-5.29% Sep 19, 2025 - Dec 5, 2025	-1.07% Mar 24, 2026 - Mar 26, 2026
#3	-3.69% Jul 25, 2025 - Aug 22, 2025	-0.59% Mar 20, 2026 - Mar 24, 2026
#4	-2.85% Jul 3, 2025 - Jul 23, 2025	N/A
#5	-2.25% Jun 12, 2025 - Jun 24, 2025	N/A
#6	-1.83% Dec 24, 2025 - Jan 5, 2026	N/A
#7	-1.79% Sep 4, 2025 - Sep 18, 2025	N/A
#8	-0.88% Aug 29, 2025 - Sep 4, 2025	N/A
#9	-0.59% Dec 15, 2025 - Dec 19, 2025	N/A
#10	-0.44% Aug 22, 2025 - Aug 26, 2025	N/A
#11	-0.43% Dec 5, 2025 - Dec 10, 2025	N/A
#12	-0.38% Jun 24, 2025 - Jun 26, 2025	N/A
#13	-0.11% Jul 1, 2025 - Jul 3, 2025	N/A
#14	-0.08% Jul 23, 2025 - Jul 25, 2025	N/A
#15	-0.03% Dec 11, 2025 - Dec 15, 2025	N/A

Correlation

Correlation between TFNS and BHDG is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

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