ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH)
BETH is an actively managed ETF by ProShares. BETH launched on Oct 2, 2023 and has a 0.95% expense ratio.
ETF Info
| Issuer | ProShares |
|---|---|
| Inception Date | Oct 2, 2023 |
| Region | Global (Broad) |
| Category | Blockchain |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Cryptocurrency |
Expense Ratio
BETH has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: BETH vs. BETE, BETH vs. BTF, BETH vs. ARKY, BETH vs. ^GSPC, BETH vs. BTOP, BETH vs. GBTC, BETH vs. HODL, BETH vs. BTC-USD, BETH vs. BITO, BETH vs. BKCH
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Bitcoin & Ether Market Cap 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 25.05% | 18.10% |
| 1 month | -1.97% | 1.42% |
| 6 months | -21.30% | 9.39% |
| 1 year | N/A | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of BETH, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.59% | 45.83% | 10.78% | -17.65% | 17.65% | -11.95% | 4.91% | -13.56% | 25.05% | ||||
| 2023 | 19.05% | 8.62% | 10.39% | 42.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
ProShares Bitcoin & Ether Market Cap Weight Strategy ETF granted a 26.68% dividend yield in the last twelve months. The annual payout for that period amounted to $15.74 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $15.74 | $0.21 |
Dividend yield | 26.68% | 0.36% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Bitcoin & Ether Market Cap 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.52 | $2.50 | $2.46 | $2.44 | $2.82 | $2.16 | $1.93 | $0.69 | $15.53 | |||
| 2023 | $0.06 | $0.15 | $0.21 |
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 Market Cap 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 Market Cap Weight Strategy ETF was 33.88%, occurring on Sep 6, 2024. The portfolio has not yet recovered.
The current ProShares Bitcoin & Ether Market Cap Weight Strategy ETF drawdown is 26.52%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.88% | Mar 14, 2024 | 122 | Sep 6, 2024 | — | — | — |
| -15.59% | Jan 12, 2024 | 7 | Jan 23, 2024 | 13 | Feb 9, 2024 | 20 |
| -8.22% | Dec 11, 2023 | 1 | Dec 11, 2023 | 18 | Jan 8, 2024 | 19 |
| -7.78% | Mar 5, 2024 | 1 | Mar 5, 2024 | 1 | Mar 6, 2024 | 2 |
| -5.92% | Oct 3, 2023 | 8 | Oct 12, 2023 | 5 | Oct 19, 2023 | 13 |
Volatility
Volatility Chart
The current ProShares Bitcoin & Ether Market Cap Weight Strategy ETF volatility is 14.32%, 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.