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Proshares Ultra Bitcoin ETF (BITU)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

ProShares

Inception Date

Apr 1, 2024

Category

Blockchain

Leveraged

1x

Index Tracked

Bloomberg Bitcoin Index - Benchmark TR Gross

Asset Class

Cryptocurrency

Expense Ratio

BITU has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Proshares Ultra Bitcoin ETF (BITU) returned 8.49% year-to-date (YTD) and 72.48% over the past 12 months.


BITU

YTD

8.49%

1M

53.10%

6M

10.15%

1Y

72.48%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.08%

1M

9.75%

6M

-1.63%

1Y

12.74%

5Y*

15.66%

10Y*

10.77%

*Annualized

Monthly Returns

The table below presents the monthly returns of BITU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202514.75%-33.11%-8.39%25.54%22.91%8.49%
2024-22.28%25.33%-23.56%13.39%-24.86%13.90%17.80%83.91%-11.92%37.90%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 75, BITU is among the top 25% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BITU is 7575
Overall Rank
The Sharpe Ratio Rank of BITU is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of BITU is 8484
Sortino Ratio Rank
The Omega Ratio Rank of BITU is 7777
Omega Ratio Rank
The Calmar Ratio Rank of BITU is 8787
Calmar Ratio Rank
The Martin Ratio Rank of BITU is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Proshares Ultra Bitcoin ETF (BITU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Proshares Ultra Bitcoin ETF Sharpe ratios as of May 14, 2025 (values are recalculated daily):

  • 1-Year: 0.68
  • All Time: 0.41

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Proshares Ultra Bitcoin ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Proshares Ultra Bitcoin ETF provided a 3.99% dividend yield over the last twelve months, with an annual payout of $2.05 per share.


0.12%$0.00$0.01$0.02$0.03$0.04$0.05$0.062024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$2.05$0.06

Dividend yield

3.99%0.12%

Monthly Dividends

The table displays the monthly dividend distributions for Proshares Ultra Bitcoin ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$1.21$0.79$0.00$0.00$2.01
2024$0.02$0.02$0.02$0.01$0.00$0.00$0.00$0.01$0.06

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Proshares Ultra Bitcoin 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 Ultra Bitcoin ETF was 55.28%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Proshares Ultra Bitcoin ETF drawdown is 19.20%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.28%Dec 18, 202475Apr 8, 2025
-55.23%Apr 9, 2024105Sep 6, 202446Nov 11, 2024151
-16.6%Nov 25, 20242Nov 26, 20247Dec 6, 20249
-10.98%Dec 9, 20241Dec 9, 20245Dec 16, 20246
-5.11%Nov 14, 20241Nov 14, 20241Nov 15, 20242

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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