Proshares Ultrashort Bitcoin ETF (SBIT) Alternatives
Proshares Ultrashort Bitcoin ETF (SBIT) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SBIT. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to SBIT
SBIT charges 0.95% annually. Among ETFs in the Cryptocurrency category, these options have the lowest expense ratios among SBIT alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Franklin Ethereum ETF | 0.19% | Jul 23, 2024 | SBIT vs EZET | |
| Franklin Solana ETF | 0.19% | Dec 3, 2025 | SBIT vs SOEZ | |
| Franklin Crypto Index ETF | 0.19% | Feb 20, 2025 | SBIT vs EZPZ | |
| Franklin Bitcoin ETF | 0.19% | Jan 11, 2024 | SBIT vs EZBC | |
| VanEck Ethereum ETF | 0.20% | Jun 25, 2024 | SBIT vs ETHV |
Best Risk-Adjusted Alternatives to SBIT
Among ETFs in the Cryptocurrency category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Valkyrie Bitcoin Miners ETF | 86 | Feb 7, 2022 | SBIT vs WGMI | |
| iShares Blockchain and Tech ETF | 51 | Apr 25, 2022 | SBIT vs IBLC | |
| Horizon Kinetics Blockchain Development ETF | 43 | Aug 1, 2022 | SBIT vs BCDF | |
| Bitwise Ethereum Strategy ETF | 35 | Sep 29, 2023 | SBIT vs AETH | |
| REX Crypto Equity Premium Income ETF | 33 | Dec 4, 2024 | SBIT vs CEPI |
Top Performing SBIT Alternatives (YTD)
SBIT alternatives from the Cryptocurrency category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 29.93% | Jul 9, 2024 | SBIT vs BTCZ | |
| ProShares UltraShort Ether ETF | 29.66% | Jun 7, 2024 | SBIT vs ETHD | |
| ProShares Short Ether Strategy ETF | 23.38% | Nov 1, 2023 | SBIT vs SETH | |
| ProShares Shrt Bitcoin ETF | 20.57% | Jun 21, 2022 | SBIT vs BITI | |
| Horizon Kinetics Blockchain Development ETF | 1.72% | Aug 1, 2022 | SBIT vs BCDF |
Lowest Volatility Alternatives to SBIT
SBIT alternatives from the Cryptocurrency category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ARK 21Shares Active Bitcoin Ethereum Strategy ETF | 0.00% | Nov 14, 2023 | SBIT vs ARKY | |
| Horizon Kinetics Blockchain Development ETF | 16.82% | Aug 1, 2022 | SBIT vs BCDF | |
| Global X Bitcoin Trend Strategy ETF | 20.03% | Mar 20, 2024 | SBIT vs BTRN | |
| ARK 21Shares Digital Asset and Blockchain Strategy... | 20.95% | Nov 14, 2023 | SBIT vs ARKD | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | 26.70% | Mar 20, 2023 | SBIT vs BITC |
Lowest Drawdown Alternatives to SBIT
SBIT alternatives from the Cryptocurrency category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -8.84% | Aug 1, 2022 | SBIT vs BCDF | |
| Global X Bitcoin Trend Strategy ETF | -19.80% | Mar 20, 2024 | SBIT vs BTRN | |
| REX Crypto Equity Premium Income ETF | -22.47% | Dec 4, 2024 | SBIT vs CEPI | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | -26.51% | Mar 20, 2023 | SBIT vs BITC | |
| Bitwise Bitcoin And Ether Equal Weight Strategy ET... | -31.35% | Sep 29, 2023 | SBIT vs BTOP |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50 | -20.81% | Feb 9, 2010 | SBIT vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | SBIT vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | SBIT vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | SBIT vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | SBIT vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | SBIT vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | SBIT vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | SBIT vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | SBIT vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | SBIT vs BITU |
Often Compared With SBIT
What investors most often compare with SBIT, based on PortfoliosLab usage data.
Compare SBIT with Any Fund or Stock
Compare SBIT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.