Bitwise Crypto Industry Innovators ETF (BITQ) Performance
BITQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.7% since Dec 31, 2025
- 1 year
- −23.2% total return
- 5 years
- −3.2% a year
- Since first price
- +1.5% a year since 2021
BITQ trailing returns vs SPY, QQQ, AGG
| Period | BITQ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −25.6% | −25.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −15.4% | −15.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −16.1% | −16.1% | +7.8% | +8.4% | −1.5% |
| YTD | +3.7% | +3.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −23.2% | −23.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +217.4%+47.0%/yr | +210.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −15.2%−3.2%/yr | −19.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMay 10, 2021 | +8.7%+1.5%/yr | +3.3% | — | — | — |
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: BITQ vs SPY
From May 10, 2021: BITQ grew to $10,865, SPY to $19,568.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BITQ returns by calendar year
3 of 4 full years positive. Best 2023 (+246.8%), worst 2022 (−83.9%). 2026 is year to date.
BITQ annual returns table
| Year | BITQ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +3.7% | −30.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.0% | −45.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +47.0% | −32.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +246.8% | −44.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −83.9% | −84.9% | −18.2% | −32.6% | −13.0% |
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.
BITQ largest drawdowns
Now 36.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −90.3% | Dec 28, 2022 | not yet | 1.1 years | 5.0 years so far |
| Sep 3, 2021 | −23.4% | Sep 29, 2021 | Oct 28, 2021 | 26 days | 55 days |
| Jun 14, 2021 | −22.6% | Jul 19, 2021 | Aug 5, 2021 | 35 days | 52 days |
| Aug 9, 2021 | −13.4% | Aug 18, 2021 | Sep 3, 2021 | 9 days | 25 days |
| May 14, 2021 | −11.9% | May 21, 2021 | Jun 14, 2021 | 7 days | 31 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BITQ risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +57.1% | +4.3% | +3.4% |
| Volatility (annualized) | 59.9% | 72.0% | 70.4% |
| Sharpe ratio | 0.98 | 0.35 | 0.34 |
| Sortino ratio | 1.81 | 0.57 | 0.54 |
| Best month | +42.3% | +61.9% | +61.9% |
| Worst month | −23.0% | −37.1% | −37.1% |
| Best 12 months | +158.0% | +246.8% | +246.8% |
| Worst 12 months | −7.0% | −84.6% | −84.6% |
| Positive months | 67% | 58% | 58% |
| Beta vs S&P 500 | 3.56 | 3.13 | — |
| Correlation with S&P 500 | 0.74 | 0.68 | — |
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.
BITQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 54 | −84.6% | +31.1% | +246.8% | 72% |
| 3-year (a year) | 30 | −20.8% | +39.4% | +81.9% | 67% |
| 5-year (a year) | 6 | −5.1% | +1.3% | +6.1% | 83% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
BITQ performance overview
Bitwise Crypto Industry Innovators ETF (BITQ) returned −23.2% over the past year and −3.2% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +1.5% a year, turning $10,000 into about $10,865. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −90.3%, from Nov 9, 2021 to Dec 28, 2022; the fund has not yet regained that high. BITQ finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+246.8%) and the worst 2022 (−83.9%). Volatility has been 70.4% a year.
Related: BITQ chart, BITQ holdings. See the BITQ overview for the latest quote and fund facts.
BITQ performance FAQ
What is the BITQ return over the past year?
BITQ returned −23.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 23.2%.
What is the average annual return of BITQ?
BITQ has returned −3.2% a year over 5 years, +1.5% a year since May 10, 2021 (total return, distributions reinvested).
How much would $10,000 invested in BITQ be worth?
$10,000 invested in BITQ at its first recorded close on May 10, 2021 would be worth about $10,865 on October 23, 2026 with distributions reinvested.
What was the worst year for BITQ?
The worst calendar year was 2022, with a total return of −83.9%. The best was 2023 at +246.8%.
What is the biggest drawdown of BITQ?
The largest peak-to-trough decline was −90.3% between November 9, 2021 and December 28, 2022. It has not yet recovered to that high; it is 36.3% below its peak.
How volatile is BITQ?
Over the past 3 years BITQ had an annualized volatility of 59.9% and a Sharpe ratio of 0.98 (excess return over 1–3 month T-bills per unit of risk).