BTCDX Performance — IDX Risk-Managed Digital Assets Strategy Fund
Data updated: 2026-03-13
BTCDX returned −17.84% over one year to Dec 2025. The annualised 3-year return is +14.15%. Against its Hedged category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $149, against $136 for the category, and to $82 over one year, against $104. Volatility over the past three years was 35.15% a year. In the 12 months to Dec 2025 the fund lost a net $6.8M, and assets reached $4.33M. Returns are those of sibling share class BTIDX; this class's own returns are not reported in filings.
BTCDX Growth of $100
What $100 invested in IDX Risk-Managed Digital Assets Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Hedged category average over the same months.
| Period | BTCDX | Category average |
|---|---|---|
| 1 year (Jan 2025 – Dec 2025) | $82 | $104 |
| 3 years (Jan 2023 – Dec 2025) | $149 | $136 |
| Since data start (Nov 2021 – Dec 2025) | $48 | $99 |
BTCDX Trailing Returns
Total returns to Dec 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −17.84% |
| 3 years (annualised) | +14.15% |
BTCDX Annual Returns
Calendar-year total returns of IDX Risk-Managed Digital Assets Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 | −17.84% |
| 2024 | +40.86% |
| 2023 | +28.52% |
| 2022 | −67.94% |
| 2021 (Nov–Dec) | +0.08% |
BTCDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | −2.9% | −12.0% | +3.1% | +1.4% | +5.9% | +4.5% | +2.6% | −4.7% | +8.6% | −6.6% | −15.5% | −0.7% |
| 2024 | +10.7% | +30.5% | −4.9% | −6.5% | +1.9% | −12.9% | +1.9% | −10.5% | −0.3% | −3.7% | +33.1% | +6.0% |
| 2023 | +2.3% | +0.1% | −3.7% | +1.3% | −3.7% | +1.1% | +0.8% | −3.5% | −2.5% | +8.0% | +8.7% | +18.8% |
| 2022 | +1.3% | −30.5% | −40.4% | −9.9% | −0.5% | 0.0% | +1.0% | −9.0% | −0.1% | 0.0% | −7.3% | +0.1% |
| 2021 | — | — | — | — | — | — | — | — | — | — | 0.0% | +0.1% |
BTCDX Risk
Risk measures from monthly returns over Jan 2023 – Dec 2025.
- 3-year volatility (annualised): 35.15%
- 3-year Sharpe ratio: 0.27 (vs 4.5% risk-free rate)
- Best month: +33.10% (Nov 2024)
- Worst month: −15.52% (Nov 2025)
BTCDX Fund Flows
Monthly money in and out of IDX Risk-Managed Digital Assets Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: −$6.8M
- 12-month gross sales (incl. reinvestments): $21.1M
- Sales ÷ redemptions: 0.76×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2025 | $883K | $15.7M | −$14.8M |
| Nov 2025 | $850K | $623K | $226K |
| Oct 2025 | $1.1M | $2.3M | −$1.1M |
| Sep 2025 | $1.3M | $843K | $479K |
| Aug 2025 | $11.3M | $2.5M | $8.8M |
| Jul 2025 | $363K | $1.2M | −$789K |
| Jun 2025 | $1.3M | $945K | $335K |
| May 2025 | $332K | $390K | −$58K |
| Apr 2025 | $332K | $390K | −$58K |
| Mar 2025 | $699K | $2.2M | −$1.5M |
| Feb 2025 | $312K | $292K | $20K |
| Jan 2025 | $2.3M | $577K | $1.7M |
BTCDX Assets Under Management
Net assets of IDX Risk-Managed Digital Assets Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-12-31 | $4.33M |
| 2025-09-30 | $25.63M |
| 2025-06-30 | $16.01M |
| 2025-03-31 | $14.54M |
| 2024-12-31 | $15.98M |
| 2024-09-30 | $17.95M |
| 2024-06-30 | $22.34M |
| 2024-03-31 | $29.12M |
| 2023-12-31 | $21.46M |
| 2023-09-30 | $18.66M |
| 2023-06-30 | $21.87M |
| 2023-03-31 | $22.86M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.