BITB vs TECS

Bitwise Bitcoin ETF vs Direxion Daily Technology Bear 3X ETF

Quick take
  • BITB has the lower expense ratio at 0.20% vs 1.01% for TECS.
  • TECS pays a higher dividend yield (5.67%).

Side-by-side metrics

MetricBITBTECS
Expense ratio
Annual fee. Lower is better.
0.20%1.01%
Dividend yield
Trailing 12-month yield.
0.00%5.67%
AUM
Assets under management — bigger funds are typically more liquid.
$2.91B$80M
YTD return
-7.02%-43.82%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.00-3.40
P/E ratio
Last price
$43.52$9.70
Inception
Issuer
BitwiseDirexion

BITB top holdings

Holdings data unavailable for BITB.

TECS top holdings

Holdings data unavailable for TECS.

About BITB

BITB (Bitwise Bitcoin ETF) is Spot Bitcoin ETF from Bitwise. Managed by Bitwise, the fund carries $2.9B in assets under management, an expense ratio of 0.20%.

About TECS

TECS (Direxion Daily Technology Bear 3X ETF) is 3x inverse daily performance of the S&P tech sector. Managed by Direxion, the fund carries $80M in assets under management, an expense ratio of 1.01%, a dividend yield of 5.67%.