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BTCZ vs DOG

T-Rex 2X Inverse Bitcoin Daily Target ETF

BTCZCCboe

ProShares Short Dow30

DOGBNYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

BTCZ0.95%DOG0.95%

Avg volume · 30D

BTCZ 3.9×the volume

BTCZ18.5MDOG4.77M

BTCZ vs DOG Performance

Oct 31, 2025 – Nov 2, 2026

+16.6%BTCZ−5.3%DOG

Oct 31, 2025 to Nov 2, 2026. BTCZ +16.6%. DOG −5.3%. Use the arrow keys to read each point.50%75%100%125%150%Oct 2025May 2026Nov 2026
Expense ratio
BTCZ 0.95%
DOG 0.95%
Fund size
BTCZ $12M
DOG $115M
1Y total return
BTCZ +16.6%, better
DOG −5.3%
Yield (12M)
BTCZ 0.03%
DOG 3.16%, better
Holdings
BTCZ 2
DOG 3
Avg volume (30D)
BTCZ 18.5M sh, better
DOG 4.77M sh
NAV per share
BTCZ $3.44
DOG $22.02
52W range

ETF.net Grade

BTCZ: Cost 50, Risk 36, Mission not scored, Tradability 53, Holdings not scored, Durability 30. DOG: Cost 50, Risk 66, Mission 97, Tradability 94, Holdings 43, Durability 69.
Pillar letters and Scores for BTCZ, DOG, with each pillar’s weight
PillarBTCZDOG
Cost30% weightC50C50
Mission25% weightNot scoredA97
Risk15% weightD36B66Higher
Tradability15% weightC53A94Higher
Holdings10% weightNot scoredC43
Durability5% weightD30B69Higher

Rank among Leveraged Inverse (2x & Other) funds

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

Same Category. BTCZ and DOG are both graded against the same 53 Leveraged Inverse (2x & Other) funds, so their Grades compare head to head.

Leveraged Inverse (2x & Other)⁠

Category · 53 funds
See all 53 ›

DOG ranks 1st and BTCZ 26th of 53 funds in the Leveraged Inverse (2x & Other) Category.

  1. Rank 1BDOGProShares Short Dow30Score 65
  2. Rank 1BPSQProShares Short QQQScore 65
  3. Rank 25CETHDProShares UltraShort Ether ETFScore 47
  4. Rank 26CBTCZT-Rex 2X Inverse Bitcoin Daily Target ETFScore 46
  5. Rank 27CEPVProShares UltraShort FTSE EuropeScore 44

Our read on each fund

ETF.net Research

BTCZCT-Rex 2X Inverse Bitcoin Daily Target ETF

DOGBProShares Short Dow30

In short

BTCZ No data

DOG The plain-vanilla short on the Dow: DOG aims to deliver the inverse of the index's move each day, with no 2x or 3x bolted on. Running since 2006, and ProShares bills it as the only -1x ETF built on the Dow.

Stated mandate

BTCZ No data

DOG DOG seeks daily investment results, before fees and expenses, that correspond to the inverse of the Dow Jones Industrial Average's daily performance.

Why people hold it

BTCZ No data

  • DOG 0.95% net of a waiver through September 30, 2027 (1.00% gross), which sits near the typical fee among leveraged and inverse funds.
  • Sticks close to its daily inverse target, one of the tighter implementations in its peer group.proshares.com
  • Actively traded for an inverse fund, so getting in and back out is rarely the hard part.
  • Live since 2006, so the mechanism has run through the financial crisis, 2020 and every tape since.

Worth knowing

BTCZ No data

  • DOG The target resets every day. Hold longer than a day and the result depends on the path the Dow takes, not just its direction.proshares.com
  • If the waiver lapses after September 30, 2027, the fee steps up toward the 1.00% gross figure.
  • The Dow is 30 price-weighted names, so this is a short on a narrow, old-school slice of the market rather than the broad tape.proshares.com

Full BTCZ profile⁠

Full DOG profile⁠

BTCZ vs DOG 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.

BTCZ vs DOG Cost

Same expense ratio

$17,869

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

  • BTCZ 0.95%

    $17,869

  • DOG 0.95%

    $17,869

$10,000
30 years

Cost over time

  • BTCZ 0.95%
  • DOG 0.95%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BTCZ $17,869DOG $17,869

Year by year

YearBTCZDOG
10$1,678$1,678
20$6,322$6,322
30$17,869$17,869

Expense ratio

  • 0.95%BTCZ
  • 0.95%DOG
  • Middle half of Leveraged Inverse (2x & Other) funds
  • Median 0.95%

BTCZ 6th cheapest of 53 funds

DOG 6th cheapest of 53 funds

BTCZ vs DOG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
BTCZ 0.03%
DOG 3.16%, better
Payout (12M)
BTCZ $0.001
DOG $0.69
Last payment
BTCZ $0.001
DOG $0.17
Ex-dividend
BTCZ Dec 24, 2025
DOG Sep 23, 2026
Paid on
BTCZ No data
DOG Sep 29, 2026
Frequency
BTCZ Annual
DOG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

BTCZAnnual · 2 paymentsAll BTCZ payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Dec 24, 2024 $0.005; Dec 24, 2025 $0.001. Use the arrow keys to read each point.$0$0.502017202020232026YTD
DOGQuarterly · 26 paymentsAll DOG payments⁠
One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.02; Mar 21, 2018 $0.06; Jun 20, 2018 $0.12; Sep 26, 2018 $0.16; Dec 26, 2018 $0.19; Mar 20, 2019 $0.17; Jun 25, 2019 $0.25; Sep 25, 2019 $0.20; Dec 24, 2019 $0.14; Mar 25, 2020 $0.06; Dec 22, 2022 $0.14; Mar 22, 2023 $0.20; Jun 21, 2023 $0.35; Sep 20, 2023 $0.39; Dec 20, 2023 $0.41; Mar 20, 2024 $0.32; Jun 26, 2024 $0.40; Sep 25, 2024 $0.36; Dec 23, 2024 $0.43; Mar 26, 2025 $0.18; Jun 25, 2025 $0.21; Sep 24, 2025 $0.21; Dec 24, 2025 $0.26; Mar 25, 2026 $0.10; Jun 24, 2026 $0.16; Sep 23, 2026 $0.17. Use the arrow keys to read each point.$0$0.502017202020232026YTD

BTCZ vs DOG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BTCZ 85.5%since Aug 2024DOG 11.7%
Return per unit of riskSharpe ratio, 3 years
BTCZ −0.47since Aug 2024DOG −1.21
Worst fallMax drawdown, 5 years
BTCZ −91.1%since Jul 2024DOG −37.3%
Market sensitivityBeta, 5 years
BTCZ −1.36DOG −0.83

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