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ProShares Bitcoin Strategy ETF (BITO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS74347G4405
CUSIP74347G440
IssuerProShares
Inception DateOct 19, 2021
CategoryTechnology Equities, Actively Managed, Blockchain
Index TrackedNo Index (Active)
Home Pagewww.proshares.com

Expense Ratio

The ProShares Bitcoin Strategy ETF has a high expense ratio of 0.95%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.95%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds to compare with BITO

ProShares Bitcoin Strategy ETF

Popular comparisons: BITO vs. BTC-USD, BITO vs. GBTC, BITO vs. XBTF, BITO vs. MSTR, BITO vs. COIN, BITO vs. QQQ, BITO vs. SPY, BITO vs. BKCH, BITO vs. MARA, BITO vs. FCPT

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.


-60.00%-40.00%-20.00%0.00%20.00%OctoberNovemberDecember2024FebruaryMarch
-6.03%
16.13%
BITO (ProShares Bitcoin Strategy ETF)
Benchmark (^GSPC)

S&P 500

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.


PeriodReturnBenchmark
Year-To-Date59.22%10.04%
1 month24.25%3.53%
6 months148.87%22.79%
1 year129.49%32.16%
5 years (annualized)N/A13.15%
10 years (annualized)N/A10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.15%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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BITO
ProShares Bitcoin Strategy ETF
2.70
^GSPC
S&P 500
2.76

Sharpe Ratio

The current ProShares Bitcoin Strategy ETF Sharpe ratio is 2.70. A Sharpe ratio higher than 2.0 is considered very good.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00OctoberNovemberDecember2024FebruaryMarch
2.70
2.76
BITO (ProShares Bitcoin Strategy ETF)
Benchmark (^GSPC)

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.


PeriodTTM2023
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-9.02%
0
BITO (ProShares Bitcoin Strategy ETF)
Benchmark (^GSPC)

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, 2021260Nov 21, 2022
-12.06%Oct 21, 20215Oct 27, 20219Nov 9, 202114

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.


0.00%5.00%10.00%15.00%20.00%OctoberNovemberDecember2024FebruaryMarch
21.71%
2.82%
BITO (ProShares Bitcoin Strategy ETF)
Benchmark (^GSPC)