BITQ
Not rated
No published distribution safety rating is available.
ETF Comparison
BITQ vs TKNZ: Which Is the Better Pick in 2026?
A head-to-head comparison of Bitwise Crypto Industry Innovators ETF and T. Rowe Price Active Crypto ETF covering yield, cost, risk, and income potential.
Updated November 6, 2026
No track record yet. TKNZ launched within the last six months. The forward distribution rate is left blank until a payout is published.
How these figures are calculated: methodology.
Price and total return
Compare the same available dates. Add a ticker or benchmark below; these controls change the chart only. The snapshot and article describe the original comparison.
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Distribution Safety Score
An estimate of distribution reliability, not price or principal safety, a probability, or a guarantee. Score methodology.
TKNZ
Not rated
No published distribution safety rating is available.
Score snapshot as of . Method 1.11.
Side-by-side snapshot
| Metric |  BITQ |  TKNZ |
|---|---|---|
| Full name | Bitwise Crypto Industry Innovators ETF | T. Rowe Price Active Crypto ETF |
| Issuer | Bitwise Investments | T. Rowe Price |
| Last Close | $18.30 as of November 6, 2026 | $28.85 as of November 6, 2026 |
| Distribution rate | — | — |
| Distribution Safety Score™ | — | — |
| Expense ratio | 0.85% | 0.75% |
| AUM | $356M | $24.9M |
| Distribution frequency | None | Annual |
| Underlying index | — | Actively managed (no tracked index recorded) |
| Objective | Invests in companies participating in the crypto ecosystem. | Seeks long-term capital appreciation through actively managed exposure to a diversified portfolio of crypto assets and crypto-related investments. |
| Asset class | Equity | Crypto |
| Inception date | 04/27/2021 | 07/16/2026 |
| Beta | 3.35 | — |
| Ex-dividend date | 12/30/2024 | — |
— Distribution rate, Safety-Adjusted Yield, last dividend, and ex-dividend date are not yet available because TKNZ launched July 2026; these fields will populate after the first distribution.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
BITQ has lagged TKNZ over the year to date, posting a -9.78% total return against 17.23%. TKNZ has been the steadier holding, though — annualized volatility of 42.6% against 61.1% for BITQ. Figures are total returns: price change plus every distribution reinvested.
| Symbol | YTD cumulative | Since Jul 2026 | Volatility | Sharpe | Sortino | Max drawdown |
|---|---|---|---|---|---|---|
| BITQ | -9.78% | -20.46% | 61.1% | -1.26 | -1.73 | -36.8% |
| TKNZ | 17.23% | 17.23% | 42.6% | 1.12 | 1.82 | -16.2% |
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of November 5, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Jul 2026” measures every fund from July 16, 2026 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the shared window since Jul 2026. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the shared window since Jul 2026) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Not a distribution payer
BITQ (Bitwise Crypto Industry Innovators ETF) has no distribution rate on file and its distribution frequency is None. BITQ is not a payer. The blank yield is not a zero yield.
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Bottom lineWe won't call this one: TKNZ launched July 2026, so there is not yet a track record to compare. Compare the strategy, cost and holdings in the sections above and treat any performance figures for the newer ETF as provisional.
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
- Crypto volatility. BITQ and TKNZ sit on top of crypto-asset prices, which routinely swing far more than equities. A single drawdown can exceed a year of distributions, so income projections deserve extra skepticism here.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
ETFs13
Total AUM$6.71B
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Bitwise Investments is known for pioneering cryptocurrency and digital asset ETFs, bringing exposure to bitcoin, ethereum, and other blockchain-based assets to mainstream investors. The firm's fund lineup spans digital assets—including single-asset and diversified cryptocurrency funds—alongside income-focused strategies that blend traditional dividend approaches with digital asset themes. The issuer has established a distinctive niche in the crypto ETF space while maintaining a footprint in conventional income investing, offering investors varied exposure levels to both emerging digital asset classes and yield-generating strategies.
See our curated list of related YouTube videos on BITQ.
ETFs39
Total AUM$34.6B
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
T. Rowe Price is a major asset manager known for building diversified, actively managed ETF portfolios across multiple asset classes and investment styles. Their fund lineup spans bond funds, dividend and income-focused strategies, broad equity exposure, international markets, and thematic equity themes, serving both income-seeking and growth-oriented investors. The issuer offers a substantial breadth of options with tickers like PABGX and PREIX, appealing to investors seeking professional portfolio management across traditional and specialized investment categories.
See our curated list of related YouTube videos on TKNZ.
Quick verdict
BITQ (Bitwise Crypto Industry Innovators ETF) and TKNZ (T. Rowe Price Active Crypto ETF) are both ETFs, but they take different approaches.
TKNZ is cheaper with an expense ratio of 0.75% compared to 0.85%.
BITQ has $356M in assets vs $24.9M for TKNZ, but TKNZ only launched July 2026 — AUM comparisons will become more meaningful as it builds a track record.
Top-holdings overlap
Positions that appear in every fund's top 10. Issuers disclose only the largest weights, so this captures the overlap of the concentrated end of each book — not the full portfolios.
— shared positions
BITQ 0.0% of its top-10 weight
TKNZ top-10 holdings unavailable
Top-10 holdings unavailable for TKNZ — cannot compute overlap.
Deep dive
Yield & income
On a $10,000 investment at current distribution rates, BITQ has no reported distribution yield yet, so a cash estimate is not available, while TKNZ has no reported distribution yield yet, so a cash estimate is not available.
BITQ yield—
TKNZ yield—
Cost & efficiency
Over 10 years on $10,000, BITQ would cost approximately $850 in fees vs $750 for TKNZ (simplified, not compounded). The $100.00 difference may be offset by yield or performance.
BITQ ER0.85%
TKNZ ER0.75%
Strategy & risk
BITQ is an ETF, while TKNZ is an actively managed ETF built around digital assets exposure.
BITQ beta3.35
TKNZ beta—
Fund details
BITQ is managed by Bitwise Investments (launched 04/27/2021) with $356M in assets. TKNZ is managed by T. Rowe Price (launched 07/16/2026) with $24.9M in assets.
BITQ AUM$356M
TKNZ AUM$24.9M
Frequently asked questions
Which of BITQ or TKNZ pays more dividend income?
Neither BITQ nor TKNZ currently reports a distribution yield, so neither is an income fund today. Compare them on holdings, cost, and total return instead.
What is the difference between BITQ and TKNZ?
BITQ (Bitwise Crypto Industry Innovators ETF) is an ETF, while TKNZ (T. Rowe Price Active Crypto ETF) is an actively managed ETF built around digital assets exposure. They are issued by Bitwise Investments and T. Rowe Price respectively.
Can I hold both BITQ and TKNZ?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, BITQ or TKNZ?
BITQ has an expense ratio of 0.85% while TKNZ charges 0.75%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in BITQ vs TKNZ generate?
At current distribution rates, BITQ does not pay distributions, so there is no cash income to estimate. TKNZ has not established a distribution history yet, so a cash estimate is not available.
Which has performed better historically, BITQ or TKNZ?
BITQ has lagged TKNZ over the year to date, posting a -9.78% total return against 17.23%. TKNZ has been the steadier holding, though — annualized volatility of 42.6% against 61.1% for BITQ. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
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BITQ vs TKNZ — at a glance
Generated October 25, 2026.
Figures quoted in this analysis are from its generation date and may lag the live snapshot table above, which always shows the latest data.
TKNZ takes direct active management of crypto assets and crypto-related investments, offering concentrated digital-asset exposure managed by T. Rowe Price's team. BITQ reports a 3.35 beta, reflecting its stock-portfolio nature and sensitivity to equity-market moves. On fees, TKNZ's 0.75% expense ratio is 10 basis points cheaper than BITQ's 0.85%. BITQ is the larger fund with $356M in assets versus TKNZ's $24.9M, and BITQ has 5 years of operating history. TKNZ's direct digital-asset holdings face crypto market volatility uncoupled from equities. If adoption stalls or regulation pressures infrastructure providers, the equity fund faces correlated downside across its holdings.
- Active management and strategy execution: TKNZ relies on T. Rowe Price's active selection and timing of crypto assets. The fund's outcomes depend on manager decisions and market timing in a volatile, 24/7 market where traditional active-management approaches face unproven edges.
- Limited operating history: TKNZ launched 07/16/2026 and holds $24.9M in assets under management, offering little track record to evaluate actual performance or how the fund behaves in different market regimes.
- No current income: Neither fund provides distributions or yield. Past performance of either structure does not predict future crypto or equity-market returns.
AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.
Learn the method
The metrics behind this comparison, explained in the Academy.
These comparisons follow the Dividend Vision methodology.