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BITW vs VAVX

Bitwise 10 Crypto Index ETF

BITWBNYSE Arca

VanEck Avalanche ETF

VAVXBNasdaq

Overlap

0.0%by weight

Expense ratio

VAVX −0.55pt a year

BITW0.75%VAVX0.20%

Avg volume · 30D

BITW 3.9×the volume

BITW31.6KVAVX8.07K

BITW vs VAVX Performance

Jul 31, 2026 – Oct 30, 2026

+21.8%BITW+32.1%VAVX

Jul 31, 2026 to Oct 30, 2026. BITW +21.8%. VAVX +32.1%. Use the arrow keys to read each point.0%60%80%Jul 2026Sep 2026Oct 2026
Expense ratio
BITW 0.75%
VAVX 0.20%, better
Fund size
BITW $663M
VAVX $17M
1Y total return
BITW −34.1%
VAVX No data
Holdings
BITW 10
VAVX 1
Avg volume (30D)
BITW 31.6K sh, better
VAVX 8.07K sh
NAV per share
BITW $51.89
VAVX $17.38
52W range

ETF.net Grade

BITW: Cost 44, Risk 32, Mission 100, Tradability 73, Holdings 54, Durability 80. VAVX: Cost 90, Risk 37, Mission 58, Tradability 51, Holdings 50, Durability 53.
Pillar letters and Scores for BITW, VAVX, with each pillar’s weight
PillarBITWVAVX
Cost30% weightC44A90Higher
Mission25% weightA100HigherB58
Risk15% weightD32D37Higher
Tradability15% weightA73HigherC51
Holdings10% weightC54HigherC50
Durability5% weightA80HigherC53

Rank among Spot Crypto Basket funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BITW and VAVX are both graded against the same 10 Spot Crypto Basket funds, so their Grades compare head to head.

Spot Crypto Basket⁠

Category · 10 funds
See all 10 ›

BITW ranks 4th and VAVX 5th of 10 funds in the Spot Crypto Basket Category.

  1. Rank 1AEZPZFranklin Crypto Index ETFScore 76
  2. Rank 2AGDLCGrayscale CoinDesk Crypto 5 ETFScore 71
  3. Rank 2ANCIQHashdex Nasdaq Crypto Index US ETFScore 71
  4. Rank 4BBITWBitwise 10 Crypto Index ETFScore 63
  5. Rank 5BVAVXVanEck Avalanche ETFScore 62
  6. Rank 6CTKNZT. Rowe Price Active Crypto ETFScore 53

Our read on each fund

ETF.net Research

BITWBBitwise 10 Crypto Index ETF

VAVXBVanEck Avalanche ETF

In short

BITW Crypto's original index fund. Live since 2017, first as a private placement and now as an ETF, it holds the ten largest crypto assets and rebalances monthly. That long history carries a 0.75% fee.

VAVX No data

Stated mandate

BITW The fund seeks to invest in a broad portfolio of crypto assets that tracks the Bitwise 10 Large Cap Crypto Index, with monthly rebalancing to reflect index changes.

VAVX No data

Why people hold it

  • BITW Longevity is the edge: operations began in November 2017, one of the longest continuous records among multi-coin crypto baskets, spanning several boom-and-bust cycles.sec.gov
  • One ticker, ten coins: the portfolio mirrors the Bitwise 10 Large Cap Crypto Index and rebalances monthly as the index changes, so you skip wallets, keys and coin-picking.
  • No style drift. The fund holds what its index says it holds, one of the tighter mandate implementations among the ten funds in its category.
  • Reports like a public company: annual 10-K and quarterly 10-Q filings with the SEC put holdings and audited financials on the record.sec.govsec.gov 2

VAVX No data

Worth knowing

  • BITW Cost is the trade-off: 0.75% sits above the category median, and cheaper broad crypto baskets exist (EZPZ at 0.19%, NCIQ at 0.25%).
  • Crypto sits at the volatile end of the shelf. A ten-asset basket blunts single-coin blowups, but not the asset class's deep drawdowns.
  • It trades lighter than the category's busiest names, so spreads can run wider, and the trust makes no distributions: price is the whole return story.

VAVX No data

Full BITW profile⁠

Full VAVX profile⁠

BITW vs VAVX Holdings

How BITW and VAVX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BITW and 0.0% of VAVX.

Level by level

  • Holdings0 in both0.0%
  • Asset classAlternatives100%
  • Countryby domicile100%

Sector

No Sector split for BITW and VAVX.

Country, concentration and asset class

Country by domicile

Country weights in BITW and VAVX, widest gap first
CountryMore in BITWMore in VAVX
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • BITW100.0%
  • VAVX100.0%

Securities held

  • BITW10
  • VAVX1

Asset class

BITW
Alternatives
VAVX
Alternatives

Holdings

  • Only in BITW10
  • In both0
  • Only in VAVX1

Only in BITW

10 securities, 100% of BITW by weight

  • Bitcoin76.40%
  • Ethereum13.53%
  • Xrp3.93%

Only in VAVX

1 security, 100% of VAVX by weight

  • Avax100.04%

Weight gaps

BITW and VAVX share no securities.

All 10 BITW holdings⁠All VAVX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BITW vs VAVX Cost

Overpaying BITW vs VAVX

$10,327

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BITW 0.75%

    $14,482

  • VAVX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • BITW 0.75%
  • VAVX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BITW $14,482VAVX $4,155

Year by year

YearBITWVAVXOverpaying
10$1,336$365$971
20$5,078$1,421$3,657
30$14,482$4,155$10,327

Expense ratio

  • 0.75%BITW
  • 0.20%VAVX, cheaper
  • Middle half of Spot Crypto Basket funds
  • Median 0.67%

VAVX 2nd cheapest of 10 funds

BITW 6th cheapest of 10 funds

BITW vs VAVX Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BITW None
VAVX No data
Last payment
BITW No data
VAVX $0.22
Ex-dividend
BITW No data
VAVX Oct 6, 2026
Paid on
BITW No data
VAVX Oct 7, 2026
Frequency
BITW No data
VAVX Quarterly

Distribution history

Per share, 2026, same scale for both

BITWAll BITW payments⁠

No distribution history available.

VAVXQuarterly · 2 paymentsAll VAVX payments⁠
One bar per payment. 2 payments in 2026 YTD. Jul 7, 2026 $0.17; Oct 6, 2026 $0.22. Use the arrow keys to read each point.$0$0.252026YTD

BITW vs VAVX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BITW 66.6%VAVX No data
Return per unit of riskSharpe ratio, 3 years
BITW 0.74VAVX No data
Worst fallMax drawdown, 5 years
BITW −90.4%VAVX No data
Market sensitivityBeta, 5 years
BITW 2.49VAVX 0.93

BITW and VAVX in the news

All news⁠

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