Grayscale Bitcoin Adopters ETF (BCOR) Performance
BCOR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.0% since Dec 31, 2025
- 1 year
- −24.6% total return
- Since first price
- +1.0% since 2025
BCOR trailing returns vs SPY, QQQ, AGG
| Period | BCOR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −14.3% | −14.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +13.4% | +13.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.3% | −3.4% | +7.8% | +8.4% | −1.5% |
| YTD | −3.0% | −3.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −24.6% | −26.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 30, 2025 | +1.0% | −2.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BCOR vs SPY
From Apr 30, 2025: BCOR grew to $10,097, SPY to $13,932.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BCOR returns by calendar year
2026 is year to date.
BCOR annual returns table
| Year | BCOR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.0% | −28.4% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BCOR largest drawdowns
Now 31.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 6, 2025 | −43.0% | Mar 30, 2026 | not yet | 6 months | 1.0 years so far |
| Jul 17, 2025 | −13.4% | Sep 4, 2025 | Oct 1, 2025 | 49 days | 2 months |
| May 21, 2025 | −13.3% | Jun 5, 2025 | Jul 10, 2025 | 15 days | 50 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BCOR risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +7.5% |
| Volatility (annualized) | 41.5% |
| Sharpe ratio | 0.28 |
| Sortino ratio | 0.46 |
| Best month | +24.7% |
| Worst month | −17.2% |
| Best 12 months | +2.7% |
| Worst 12 months | −33.9% |
| Positive months | 53% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BCOR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 7 | −33.9% | −20.0% | +2.7% | 14% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
BCOR performance overview
Grayscale Bitcoin Adopters ETF (BCOR) returned −24.6% over the past year, with distributions reinvested. Since its first recorded price on Apr 30, 2025 it has returned +1.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −43.0%, from Oct 6, 2025 to Mar 30, 2026; the fund has not yet regained that high. Volatility has been 41.5% a year.
Related: BCOR chart, BCOR holdings, BCOR dividends. See the BCOR overview for the latest quote and fund facts.
BCOR performance FAQ
What is the BCOR return over the past year?
BCOR returned −24.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 26.9%.
How much would $10,000 invested in BCOR be worth?
$10,000 invested in BCOR at its first recorded close on April 30, 2025 would be worth about $10,097 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of BCOR?
The largest peak-to-trough decline was −43.0% between October 6, 2025 and March 30, 2026. It has not yet recovered to that high; it is 31.4% below its peak.
How volatile is BCOR?
Over the past history BCOR had an annualized volatility of 41.5% and a Sharpe ratio of 0.28 (excess return over 1–3 month T-bills per unit of risk).