Performance analysis of HBTC (Fortuna Hedged Bitcoin ETF)
Annual Return
Since Mar 19, 2025, HBTC has had an average annual return of -13.09%, underperforming the benchmark SPY, which returned +24.55% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -18.26% | +1.38% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.73% | -9.93% | -1.79% | +5.67% | -5.03% | -10.65% | +8.19% | -18.26% | |||||
| 2025 | -2.50% | +9.35% | +8.24% | +0.69% | +5.52% | -6.59% | +3.29% | +0.62% | -10.38% | -4.97% | +1.38% |
Drawdown analysis of HBTC (Fortuna Hedged Bitcoin ETF)
The maximum drawdown for the HBTC was -40.36%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The current HBTC drawdown is -35.35%.
Since Mar 19, 2025 HBTC has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.36% | Aug 13, 2025 | 217 | Jun 25, 2026 | Ongoing | Ongoing | Ongoing |
| -9.88% | Mar 24, 2025 | 11 | Apr 8, 2025 | 9 | Apr 22, 2025 | 20 |
| -7.87% | May 22, 2025 | 9 | Jun 5, 2025 | 24 | Jul 11, 2025 | 33 |
| -5.82% | Jul 14, 2025 | 14 | Aug 1, 2025 | 8 | Aug 13, 2025 | 22 |
| -2.73% | May 2, 2025 | 1 | May 5, 2025 | 3 | May 8, 2025 | 4 |
| -1.76% | May 13, 2025 | 2 | May 15, 2025 | 2 | May 19, 2025 | 4 |
| -1.58% | Apr 25, 2025 | 3 | Apr 30, 2025 | 1 | May 1, 2025 | 4 |
| -1.34% | May 9, 2025 | 1 | May 12, 2025 | 1 | May 13, 2025 | 2 |
| -0.84% | Mar 20, 2025 | 1 | Mar 21, 2025 | 1 | Mar 24, 2025 | 2 |