ABLD vs. BITI

Last updated Jul 14, 2026

ABLD (Abacus FCF Real Assets Leaders ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - ABLD is a Mid Cap Value Equities fund tracking the FCF Yield Enhanced Real Asset Index, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. Both are passively managed. Over the past 3 years, ABLD returned 9.58%/yr vs -30.65%/yr for BITI. At a correlation of -0.31, they often move in opposite directions. ABLD charges 0.39%/yr vs 1.03%/yr for BITI.

Performance

ABLD vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abacus FCF Real Assets Leaders ETF (ABLD) and ProShares Short Bitcoin ETF (BITI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABLD achieves a 5.36% return, which is significantly lower than BITI's 28.75% return.

ABLD

• 1D: 0.04%
• 1M: -1.61%
• 6M: -0.27%
• YTD: 5.36%
• 1Y: 7.31%
• 3Y*: 9.58%
• 5Y*: —
• 10Y*: —

BITI

• 1D: 2.65%
• 1M: 1.46%
• 6M: 34.68%
• YTD: 28.75%
• 1Y: 68.34%
• 3Y*: -30.65%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABLD vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ABLD Abacus FCF Real Assets Leaders ETF	5.36%	6.64%	7.05%	18.89%	13.61%
BITI ProShares Short Bitcoin ETF	28.75%	-1.76%	-62.60%	-66.17%	3.39%

Correlation

The correlation between ABLD and BITI is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.34
Correlation (3Y) Calculated over the trailing 3-year period	-0.28
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022	-0.31

Return for Risk

ABLD vs. BITI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABLD

ABLD Risk / Return Rank: 18
ABLD Sharpe Ratio Rank: 19
ABLD Sortino Ratio Rank: 17
ABLD Omega Ratio Rank: 17
ABLD Calmar Ratio Rank: 19
ABLD Martin Ratio Rank: 18

BITI

BITI Risk / Return Rank: 57
BITI Sharpe Ratio Rank: 58
BITI Sortino Ratio Rank: 55
BITI Omega Ratio Rank: 50
BITI Calmar Ratio Rank: 68
BITI Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABLD vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus FCF Real Assets Leaders ETF (ABLD) and ProShares Short Bitcoin ETF (BITI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ABLD	BITI	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.56	-1.07
Sortino ratio: Return per unit of downside risk	0.76	2.13	-1.36
Omega ratio: Gain probability vs. loss probability	1.10	1.26	-0.16
Calmar ratio: Return relative to maximum drawdown	0.63	2.72	-2.09
Martin ratio: Return relative to average drawdown	1.59	6.78	-5.19

ABLD vs. BITI - Sharpe Ratio Comparison

The current ABLD Sharpe Ratio is 0.49, which is lower than the BITI Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of ABLD and BITI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABLD vs. BITI - Drawdown Comparison

The maximum ABLD drawdown since its inception was -19.35%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for ABLD and BITI.

Drawdown Indicators

	ABLD	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-19.35%	-92.16%	+72.81%
Max Drawdown (1Y) Largest decline over 1 year	-11.64%	-25.28%	+13.64%
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	-84.63%	+65.28%
Current Drawdown Current decline from peak	-10.08%	-85.94%	+75.86%
Average Drawdown Average peak-to-trough decline	-4.09%	-68.34%	+64.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.61%	10.11%	-5.50%

Volatility

ABLD vs. BITI - Volatility Comparison

The current volatility for Abacus FCF Real Assets Leaders ETF (ABLD) is 3.19%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 11.38%. This indicates that ABLD experiences smaller price fluctuations and is considered to be less risky than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABLD	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.19%	11.38%	-8.19%
Volatility (6M) Calculated over the trailing 6-month period	13.17%	34.25%	-21.08%
Volatility (1Y) Calculated over the trailing 1-year period	15.02%	44.14%	-29.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.43%	52.28%	-34.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.43%	52.28%	-34.85%

ABLD vs. BITI - Expense Ratio Comparison

ABLD has a 0.39% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

ABLD vs. BITI - Dividend Comparison

ABLD's dividend yield for the trailing twelve months is around 3.65%, less than BITI's 15.10% yield.

Position	TTM	2025	2024	2023	2022	2021
ABLD Abacus FCF Real Assets Leaders ETF	3.65%	2.86%	10.13%	4.70%	8.40%	0.08%
BITI ProShares Short Bitcoin ETF	15.10%	1.60%	3.91%	3.33%	0.06%	0.00%

Frequently Asked Questions

Can I hold both ABLD and BITI in my portfolio?

ABLD and BITI have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABLD or BITI?

BITI has higher volatility (11.38%) compared to ABLD (3.19%). In terms of maximum drawdown, ABLD dropped -19.35% vs BITI's -92.16%.

Which ETF is better, ABLD or BITI?

On 3-year performance, ABLD leads with 9.58% vs -30.65% for BITI. On fees, ABLD is cheaper at 0.39% per year. On volatility, ABLD has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABLD or BITI?

Over the 3-year period, ABLD has performed better with a 9.58% return vs -30.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABLD or BITI?

ABLD is cheaper with a 0.39% expense ratio, compared with 1.03% for BITI.

Which ETF pays a higher dividend yield, ABLD or BITI?

BITI has the higher dividend yield at 15.10%, compared with 3.65% for ABLD.

What is the main difference between ABLD and BITI?

ABLD is categorized as Mid Cap Value Equities, while BITI is Cryptocurrency. ABLD tracks FCF Yield Enhanced Real Asset Index, while BITI tracks Bloomberg Bitcoin Index. They also come from different issuers: Abacus and ProShares. Their fees differ too: 0.39% for ABLD and 1.03% for BITI.

Which has better risk-adjusted returns?

BITI currently has the higher Sharpe Ratio (1.56 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.