Bitwise Proficio Currency Debasement ETF (BPRO) belongs to the Multistrategy category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BPRO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BPRO
Among 10 ETFs in the Multistrategy category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Tax Aware Diversified Income Strategy ETF | 0.15% | — | May 2026 | BPRO vs DINE | |
| Twin Oak Short Horizon Absolute Return ETF | 0.25% | 43.96M | Aug 2024 | BPRO vs TOAK | |
| Harbor Alpha Layering ETF | 0.70% | 7.93M | Aug 2025 | BPRO vs HOLD | |
| SEI DBi Multi-Strategy Alternative ETF | 0.80% | 191.55M | Sep 2025 | BPRO vs QALT | |
| Return Stacked Bonds & Futures Yield ETF | 0.98% | 91.83M | Aug 2024 | BPRO vs RSBY |
Best Risk-Adjusted Alternatives to BPRO
Among 6 ETFs in the Multistrategy category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Frontier Asset Absolute Return ETF | 86 | 11.67M | Dec 2024 | BPRO vs FARX | |
| DGA Core Plus Absolute Return ETF | 68 | 19.61M | Aug 2023 | BPRO vs HF | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 65 | 33.60M | Oct 2022 | BPRO vs HFND | |
| Twin Oak Short Horizon Absolute Return ETF | 53 | 43.96M | Aug 2024 | BPRO vs TOAK | |
| Return Stacked Bonds & Futures Yield ETF | 50 | 91.83M | Aug 2024 | BPRO vs RSBY |
Top Performing BPRO Alternatives (YTD)
Among 10 ETFs in the Multistrategy category with YTD return data, the top-performing alternatives shown here go as high as 19.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked Bonds & Futures Yield ETF | 19.89% | 91.83M | Aug 2024 | BPRO vs RSBY | |
| iShares Systematic Alternatives Active ETF | 11.16% | 4.78B | Dec 2025 | BPRO vs IALT | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 8.79% | 33.60M | Oct 2022 | BPRO vs HFND | |
| Frontier Asset Absolute Return ETF | 7.61% | 11.67M | Dec 2024 | BPRO vs FARX | |
| SEI DBi Multi-Strategy Alternative ETF | 7.12% | 191.55M | Sep 2025 | BPRO vs QALT |
Lowest Volatility Alternatives to BPRO
BPRO has 45.13% 1-year volatility. There are 10 ETFs in the Multistrategy category with lower 1-year volatility, going as low as 2.91%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Twin Oak Short Horizon Absolute Return ETF | 2.91% | 43.96M | Aug 2024 | BPRO vs TOAK | |
| Simplify Tax Aware Diversified Income Strategy ETF | 4.28% | — | May 2026 | BPRO vs DINE | |
| DGA Core Plus Absolute Return ETF | 5.63% | 19.61M | Aug 2023 | BPRO vs HF | |
| Frontier Asset Absolute Return ETF | 7.34% | 11.67M | Dec 2024 | BPRO vs FARX | |
| iShares Systematic Alternatives Active ETF | 7.76% | 4.78B | Dec 2025 | BPRO vs IALT |
Lowest Drawdown Alternatives to BPRO
Among 6 ETFs in the Multistrategy category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Twin Oak Short Horizon Absolute Return ETF | -1.81% | 43.96M | Aug 2024 | BPRO vs TOAK | |
| Frontier Asset Absolute Return ETF | -2.99% | 11.67M | Dec 2024 | BPRO vs FARX | |
| DGA Core Plus Absolute Return ETF | -3.14% | 19.61M | Aug 2023 | BPRO vs HF | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | -4.94% | 33.60M | Oct 2022 | BPRO vs HFND | |
| Return Stacked Bonds & Futures Yield ETF | -7.95% | 91.83M | Aug 2024 | BPRO vs RSBY |
Other ETFs from Bitwise
The 10 most viewed Bitwise ETFs shown here include BITW, BITQ, BITC and span 4 categories. AUM among these funds goes as high as $619M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitwise 10 Crypto Index ETF | Cryptocurrency | 3 | -36.04% | 619.02M | Dec 2025 | BPRO vs BITW | |
| Bitwise Crypto Industry Innovators ETF | Blockchain, Technology Equities | 16 | 22.93% | 414.69M | May 2021 | BPRO vs BITQ | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | Cryptocurrency | 4 | -0.43% | 17.91M | Mar 2023 | BPRO vs BITC | |
| Bitwise Ethereum Strategy ETF | Cryptocurrency | 7 | -19.00% | 9.37M | Sep 2023 | BPRO vs AETH | |
| Bitwise COIN Option Income Strategy ETF | Derivative Income | 2 | -27.46% | — | Apr 2025 | BPRO vs ICOI | |
| Bitwise Funds Trust | Derivative Income | 1 | -35.12% | — | Apr 2025 | BPRO vs IMST | |
| Bitwise Ethereum ETF | Cryptocurrency | 5 | -46.97% | 194.13M | Jul 2024 | BPRO vs ETHW | |
| Bitwise XRP ETF | Cryptocurrency | — | -43.18% | 295.91M | Nov 2025 | BPRO vs XRP | |
| Bitwise Bitcoin Standard Corporations ETF | Blockchain | 4 | -18.05% | 22.23M | Mar 2025 | BPRO vs OWNB | |
| Bitwise Solana Staking ETF | Cryptocurrency | — | -38.96% | 582.55M | Oct 2025 | BPRO vs BSOL |
Compare BPRO with Any Fund or Stock
Compare BPRO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BPRO with funds that move differently
Bitwise Proficio Currency Debasement ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BPRO.
Explore BPRO Diversifiers