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BNAV vs HBTC

Amplify Fairlead Tactical Bitcoin ETF

BNAVCCboe

Fortuna Hedged Bitcoin ETF

HBTCFCboe

Overlap

Expense ratio

BNAV −1.23pt a year

BNAV0.74%HBTC1.97%

Avg volume · 30D

BNAV 23.5×the volume

BNAV4.7KHBTC200

BNAV vs HBTC Performance

Jul 31, 2026 – Oct 30, 2026

+21.6%BNAV+12.9%HBTC

Jul 31, 2026 to Oct 30, 2026. BNAV +21.6%. HBTC +12.9%. Use the arrow keys to read each point.0%30%Jul 2026Sep 2026Oct 2026
Expense ratio
BNAV 0.74%, better
HBTC 1.97%
Fund size
BNAV $3M
HBTC $1M
1Y total return
BNAV No data
HBTC −28.5%
Holdings
BNAV 4
HBTC 5
Avg volume (30D)
BNAV 4.7K sh, better
HBTC 200 sh
NAV per share
BNAV $30.30
HBTC $19.87
52W range

ETF.net Grade

BNAV: Cost 70, Risk 85, Mission not scored, Tradability 49, Holdings 65, Durability 36. HBTC: Cost 8, Risk 39, Mission not scored, Tradability 27, Holdings not scored, Durability 21.
Pillar letters and Scores for BNAV, HBTC, with each pillar’s weight
PillarBNAVHBTC
Cost30% weightA70HigherF8
Mission25% weightNot scoredNot scored
Risk15% weightA85HigherD39
Tradability15% weightC49HigherD27
Holdings10% weightB65Not scored
Durability5% weightD36HigherF21

Rank among Bitcoin Derivatives funds

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

Same Category. BNAV and HBTC are both graded against the same 6 Bitcoin Derivatives funds, so their Grades compare head to head.

Bitcoin Derivatives⁠

Category · 6 funds
See all 6 ›

BNAV ranks 3rd and HBTC 5th of 6 funds in the Bitcoin Derivatives Category.

  1. Rank 1BBITOProShares Bitcoin ETFScore 56
  2. Rank 2CBITIProShares Short Bitcoin ETFScore 44
  3. Rank 3CBNAVAmplify Fairlead Tactical Bitcoin ETFScore 40
  4. Rank 4DNGHTNicholas Bitcoin and Treasuries AfterDark ETFScore 35
  5. Rank 5FHBTCFortuna Hedged Bitcoin ETFScore 20
  6. HBITNot yet graded

BNAV vs HBTC 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.

BNAV vs HBTC Cost

Overpaying HBTC vs BNAV

$18,224

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

  • BNAV 0.74%

    $14,307

  • HBTC 1.97%

    $32,531

$10,000
30 years

Cost over time

  • BNAV 0.74%
  • HBTC 1.97%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530HBTC $32,531BNAV $14,307

Year by year

YearBNAVHBTCOverpaying
10$1,319$3,336$2,017
20$5,015$12,012$6,997
30$14,307$32,531$18,224

Expense ratio

  • 0.74%BNAV, cheaper
  • 1.97%HBTC
  • Middle half of Bitcoin Derivatives funds
  • Median 0.96%

BNAV 2nd cheapest of 6 funds

HBTC 6th cheapest of 6 funds

BNAV vs HBTC Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BNAV None
HBTC No data
Last payment
BNAV No data
HBTC $1.59
Ex-dividend
BNAV No data
HBTC Dec 17, 2025
Paid on
BNAV No data
HBTC Dec 18, 2025
Frequency
BNAV No data
HBTC Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

BNAVAll BNAV payments⁠

No distribution history available.

HBTCIrregular · 1 paymentAll HBTC payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 17, 2025 $1.59. Use the arrow keys to read each point.$0$12026YTD

BNAV vs HBTC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BNAV No dataHBTC 28.6%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
BNAV No dataHBTC −0.31since Apr 2025
Worst fallMax drawdown, 5 years
BNAV No dataHBTC −42.5%since Mar 2025
Market sensitivityBeta, 5 years
BNAV 0.00HBTC 0.85

BNAV and HBTC in the news

All news⁠

Popular comparisons

  • BNAVCvsBITOB

    Amplify Fairlead Tactical Bitcoin ETF · ProShares Bitcoin ETF

    Expense ratio
    0.74% · 0.95%
    Category
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  • HBTCFvsBITOB

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  • BNAVCvsBITIC

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  • HBTCFvsBITIC

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    Expense ratio
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    Category
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  • BNAVCvsNGHTD

    Amplify Fairlead Tactical Bitcoin ETF · Nicholas Bitcoin and Treasuries AfterDark ETF

    Expense ratio
    0.74% · 0.97%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HBTCFvsNGHTD

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    Expense ratio
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    Category
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