Performance analysis of BMAX (REX Bitcoin Corporate Treasury Convertible Bond ETF)
Annual Return
Since Mar 14, 2025, BMAX has had an average annual return of -8.63%, underperforming the benchmark SPY, which returned +25.46% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +4.03% | -13.05% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.68% | -4.11% | +0.84% | +4.77% | +4.03% | ||||||||
| 2025 | -4.49% | +14.10% | +1.05% | +1.78% | +0.55% | -7.68% | +3.09% | -5.87% | -11.94% | -2.20% | -13.05% |
Drawdown analysis of BMAX (REX Bitcoin Corporate Treasury Convertible Bond ETF)
The maximum drawdown for the BMAX was -31.32%, occurring on Feb 5, 2026. This drawdown has not yet recovered.
The current BMAX drawdown is -25.79%.
Since Mar 14, 2025 BMAX has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.32% | Jul 16, 2025 | 141 | Feb 5, 2026 | Ongoing | Ongoing | Ongoing |
| -19.02% | Mar 25, 2025 | 10 | Apr 8, 2025 | 11 | Apr 24, 2025 | 21 |
| -8.61% | May 13, 2025 | 26 | Jun 20, 2025 | 15 | Jul 14, 2025 | 41 |
| -3.61% | Mar 14, 2025 | 2 | Mar 18, 2025 | 1 | Mar 19, 2025 | 3 |
| -1.97% | May 2, 2025 | 1 | May 5, 2025 | 3 | May 8, 2025 | 4 |
| -1.80% | Mar 19, 2025 | 1 | Mar 20, 2025 | 2 | Mar 24, 2025 | 3 |
| -1.03% | Apr 29, 2025 | 1 | Apr 30, 2025 | 2 | May 2, 2025 | 3 |
| -0.33% | Apr 25, 2025 | 1 | Apr 28, 2025 | 1 | Apr 29, 2025 | 2 |
| -0.30% | Jul 14, 2025 | 1 | Jul 15, 2025 | 1 | Jul 16, 2025 | 2 |
| -0.04% | May 9, 2025 | 1 | May 12, 2025 | 1 | May 13, 2025 | 2 |