ZETX vs BPI

Comparison between Defiance Daily Target 2x Long ZETA ETF (ZETX, ETF) and GRAYSCALE BITCOIN PREMIUM INCOME ETF (BPI, ETF).

ZETX vs BPI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZETX(ETF)	BPI(ETF)
Net Assets	$3.20M	$3.20M
Expense Ratio	N/A	0.65%
Max Drawdown	44.78%	26.45%
Sharpe Ratio	0.76	-3.88
5Y Beta	4.88	1.20

Net Assets

ZETX

$3.20M

BPI

$3.20M

Expense Ratio

ZETX

N/A

BPI

0.65%

Max Drawdown

ZETX

44.78%

Winner

BPI

26.45%

Sharpe Ratio

Winner

ZETX

0.76

BPI

-3.88

5Y Beta

ZETX

4.88

Winner

BPI

1.20

ZETX vs BPI - Historical Returns

Returns include dividend reinvestment.

Period	ZETX	BPI
1 month	+41.50%	-20.69%
3 months	+4.82%	N/A
Max(CAGR)	+12.79%	-77.48%

Winner

ZETX

+41.50%

BPI

-20.69%

ZETX

+4.82%

BPI

N/A

Max(CAGR)

Winner

ZETX

+12.79%

BPI

-77.48%

ZETX vs BPI - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	ZETX	BPI
2026	+4.31%	-16.10%

ZETX vs BPI Drawdown Comparison

The maximum drawdown for ZETX was -44.78%, occurring on Apr 10, 2026. Recovery took 57 trading sessions.

The maximum drawdown for BPI was -25.50%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current ZETX drawdown is -37.66%. The current BPI drawdown is -21.53%.

Rank	ZETX	BPI
#1	-44.78% Mar 9, 2026 - May 29, 2026	-25.50% May 11, 2026 - Jun 5, 2026
#2	-39.19% Jun 1, 2026 - Jun 10, 2026	-2.08% May 5, 2026 - May 11, 2026
#3	-29.94% Feb 4, 2026 - Feb 26, 2026	N/A
#4	-12.82% Feb 26, 2026 - Mar 4, 2026	N/A
#5	-1.18% Mar 5, 2026 - Mar 9, 2026	N/A