ProShares Bitcoin Strategy ETF (BITO)
BITO is an actively managed ETF by ProShares. BITO launched on Oct 19, 2021 and has a 0.95% expense ratio.
ETF Info
ISIN | US74347G4405 |
---|---|
CUSIP | 74347G440 |
Issuer | ProShares |
Inception Date | Oct 19, 2021 |
Category | Technology Equities, Actively Managed, Blockchain |
Index Tracked | No Index (Active) |
Home Page | www.proshares.com |
Expense Ratio
The ProShares Bitcoin Strategy ETF 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
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Bitcoin 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 Strategy ETF had a return of 59.22% year-to-date (YTD) and 129.49% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 59.22% | 10.04% |
1 month | 24.25% | 3.53% |
6 months | 148.87% | 22.79% |
1 year | 129.49% | 32.16% |
5 years (annualized) | N/A | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.15% | 44.97% | ||||||||||
2023 | -10.96% | 2.79% | 28.06% | 8.14% | 10.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for ProShares Bitcoin Strategy ETF (BITO) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
ProShares Bitcoin Strategy ETF | 2.70 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
ProShares Bitcoin Strategy ETF granted a 12.59% dividend yield in the last twelve months. The annual payout for that period amounted to $3.94 per share.
Period | TTM | 2023 |
---|---|---|
Dividend | $3.94 | $3.10 |
Dividend yield | 12.59% | 15.14% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Bitcoin 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.36 | ||||||||||
2023 | $0.15 | $0.10 | $0.46 | $0.42 | $0.43 | $0.66 | $0.39 | $0.01 | $0.07 | $0.14 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Bitcoin 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 Strategy ETF was 77.86%, occurring on Nov 21, 2022. The portfolio has not yet recovered.
The current ProShares Bitcoin Strategy ETF drawdown is 9.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-77.86% | Nov 10, 2021 | 260 | Nov 21, 2022 | — | — | — |
-12.06% | Oct 21, 2021 | 5 | Oct 27, 2021 | 9 | Nov 9, 2021 | 14 |
Volatility
Volatility Chart
The current ProShares Bitcoin Strategy ETF volatility is 21.71%, 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.