Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE)
The ETF aims to achieve its objective through managed exposure to bitcoin and ether futures contracts.
ETF Info
74349Y407
Oct 2, 2023
1x
Distributing
Expense Ratio
BETE has a high expense ratio of 0.95%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Proshares Bitcoin & Ether Equal Weight Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Proshares Bitcoin & Ether Equal Weight Strategy ETF had a return of -28.61% year-to-date (YTD) and -22.70% in the last 12 months.
BETE
-28.61%
-7.35%
-0.44%
-22.70%
N/A
N/A
^GSPC (Benchmark)
-4.23%
-5.40%
-1.33%
7.42%
17.47%
10.57%
Monthly Returns
The table below presents the monthly returns of BETE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.70% | -25.70% | -10.53% | 3.56% | -28.61% | ||||||||
| 2024 | -1.26% | 46.29% | 8.65% | -18.09% | 21.45% | -11.74% | 2.26% | -16.81% | 5.40% | 3.12% | 40.20% | -6.95% | 66.23% |
| 2023 | 15.67% | 9.45% | 10.77% | 40.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BETE is 7, meaning it’s performing worse than 93% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Proshares Bitcoin & Ether Equal Weight Strategy ETF provided a 22.36% dividend yield over the last twelve months, with an annual payout of $12.01 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $12.01 | $12.14 | $0.44 |
Dividend yield | 22.36% | 15.22% | 0.78% |
Monthly Dividends
The table displays the monthly dividend distributions for Proshares Bitcoin & Ether Equal Weight Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $2.53 | $1.62 | $0.00 | $4.14 | ||||||||
| 2024 | $0.00 | $0.34 | $1.81 | $2.13 | $2.79 | $2.10 | $1.71 | $1.00 | $0.00 | $0.00 | $0.00 | $0.26 | $12.14 |
| 2023 | $0.04 | $0.41 | $0.44 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Proshares Bitcoin & Ether Equal Weight Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Proshares Bitcoin & Ether Equal Weight Strategy ETF was 42.49%, occurring on Mar 10, 2025. The portfolio has not yet recovered.
The current Proshares Bitcoin & Ether Equal Weight Strategy ETF drawdown is 39.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.49% | Dec 17, 2024 | 55 | Mar 10, 2025 | — | — | — |
| -37.88% | Mar 14, 2024 | 122 | Sep 6, 2024 | 54 | Nov 21, 2024 | 176 |
| -16.01% | Jan 12, 2024 | 7 | Jan 23, 2024 | 14 | Feb 12, 2024 | 21 |
| -8.13% | Dec 9, 2024 | 2 | Dec 10, 2024 | 4 | Dec 16, 2024 | 6 |
| -8.06% | Dec 11, 2023 | 1 | Dec 11, 2023 | 18 | Jan 8, 2024 | 19 |
Volatility
Volatility Chart
The current Proshares Bitcoin & Ether Equal Weight Strategy ETF volatility is 18.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.