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Performance analysis of BITS (GLOBAL X BLOCKCHAIN & BITCOIN STRATEGY ETF)

Annual Return

Over the past 3 years, BITS has had an average annual return of +51.83%, outperforming the benchmark SPY, which returned +22.77% annual.

Since Nov 16, 2021, BITS has had an average annual return of +2.01%, underperforming the benchmark SPY, which returned +12.70% annual.

202620252024202320222021
+7.32%+15.22%+62.49%+213.95%-75.46%-29.31%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+4.03%-17.39%-4.40%+22.76%+11.05%-4.17%+7.32%
2025+7.43%-19.32%-12.67%+13.12%+11.70%+13.54%+9.97%+0.02%+21.89%+11.05%-20.43%-10.43%+15.22%
2024-12.54%+41.98%+11.35%-20.01%+12.88%+1.04%+4.96%-13.20%+7.59%+9.10%+40.07%-14.02%+62.49%
2023+50.55%-2.45%+16.99%+3.39%+0.39%+17.07%+10.19%-19.49%-6.22%+15.23%+19.87%+30.87%+213.95%
2022-19.73%+5.75%+5.90%-25.35%-21.02%-40.58%+34.77%-10.73%-8.63%+1.47%-21.75%-10.71%-75.46%
2021-6.55%-24.36%-29.31%

Drawdown analysis of BITS (GLOBAL X BLOCKCHAIN & BITCOIN STRATEGY ETF)

The maximum drawdown for the BITS was -83.11%, occurring on Dec 28, 2022. Recovery took 479 trading sessions.

The current BITS drawdown is -29.15%.

Since Nov 16, 2021 BITS has experienced the following drawdowns:

  • 50% or more: 1 time
  • 40% or more: 3 times
  • 30% or more: 3 times
  • 20% or more: 3 times
  • 10% or more: 4 times
DepthStartTo BottomBottomTo RecoverEndTotal
-83.11%Nov 16, 2021280Dec 28, 2022479Nov 22, 2024759
-48.25%Oct 15, 2025113Mar 30, 2026OngoingOngoingOngoing
-43.73%Dec 17, 202475Apr 8, 202565Jul 14, 2025140
-11.46%Jul 22, 20258Aug 1, 202527Sep 10, 202535
-8.39%Dec 6, 20242Dec 10, 20245Dec 17, 20247
-8.33%Nov 22, 20242Nov 26, 20242Nov 29, 20244
-6.02%Sep 24, 20252Sep 26, 20251Sep 29, 20253
-3.90%Oct 9, 20251Oct 10, 20252Oct 14, 20253
-2.93%Nov 29, 20241Dec 2, 20242Dec 4, 20243
-2.63%Jul 14, 20251Jul 15, 20251Jul 16, 20252
-1.87%Sep 22, 20251Sep 23, 20251Sep 24, 20252
-1.55%Dec 4, 20241Dec 5, 20241Dec 6, 20242
-1.20%Jul 17, 20252Jul 21, 20251Jul 22, 20253
-1.10%Oct 6, 20251Oct 7, 20251Oct 8, 20252
-0.85%Sep 18, 20251Sep 19, 20251Sep 22, 20252