ARCX vs. SBIT

Last updated Aug 2, 2026

ARCX (Tradr 2X Long ACHR Daily ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - ARCX is a Leveraged Equities fund actively managed by Tradr, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). ARCX is actively managed, while SBIT is passively managed. Over the past year, ARCX returned -87.73% vs 98.77% for SBIT. Their -0.46 correlation means they have often moved in opposite directions in the past. ARCX charges 1.30%/yr vs 0.95%/yr for SBIT.

Performance

ARCX vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ACHR Daily ETF (ARCX) and Proshares Ultrashort Bitcoin ETF (SBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARCX achieves a -73.15% return, which is significantly lower than SBIT's 39.44% return.

ARCX

• 1D: -4.08%
• 1M: -18.30%
• 6M: -69.54%
• YTD: -73.15%
• 1Y: -87.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -89.54%

SBIT

• 1D: 5.60%
• 1M: -6.04%
• 6M: 32.41%
• YTD: 39.44%
• 1Y: 98.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -42.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARCX Tradr 2X Long ACHR Daily ETF	$474.65K	$398.88K	$951.49K
SBIT Proshares Ultrashort Bitcoin ETF	$29.57M	$32.71M	$46.48M

ARCX vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025
ARCX Tradr 2X Long ACHR Daily ETF	-73.15%	-71.53%
SBIT Proshares Ultrashort Bitcoin ETF	39.44%	29.24%

Correlation

The correlation between ARCX and SBIT is -0.50, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.50
Correlation (All Time) Calculated using the full available price history since Jun 10, 2025	-0.46

Return for Risk

ARCX vs. SBIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARCX

ARCX Risk / Return Rank: 3
ARCX Sharpe Ratio Rank: 4
ARCX Sortino Ratio Rank: 2
ARCX Omega Ratio Rank: 3
ARCX Calmar Ratio Rank: 1
ARCX Martin Ratio Rank: 3

SBIT

SBIT Risk / Return Rank: 55
SBIT Sharpe Ratio Rank: 52
SBIT Sortino Ratio Rank: 56
SBIT Omega Ratio Rank: 52
SBIT Calmar Ratio Rank: 68
SBIT Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARCX vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ACHR Daily ETF (ARCX) and Proshares Ultrashort Bitcoin ETF (SBIT). 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.

	ARCX	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	-0.63	1.27	-1.90
Sortino ratio: Return per unit of downside risk	-1.28	1.95	-3.22
Omega ratio: Gain probability vs. loss probability	0.87	1.23	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.95	2.35	-3.30
Martin ratio: Return relative to average drawdown	-1.25	5.19	-6.43

ARCX vs. SBIT - Sharpe Ratio Comparison

The current ARCX Sharpe Ratio is -0.63, which is lower than the SBIT Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of ARCX and SBIT, 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

ARCX vs. SBIT - Drawdown Comparison

The maximum ARCX drawdown since its inception was -94.32%, roughly equal to the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for ARCX and SBIT.

Drawdown Indicators

	ARCX	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-94.32%	-91.35%	-2.97%
Max Drawdown (1Y) Largest decline over 1 year	-93.63%	-47.94%	-45.69%
Current Drawdown Current decline from peak	-93.90%	-77.87%	-16.03%
Average Drawdown Average peak-to-trough decline	-68.07%	-69.07%	+1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.97%	21.67%	+49.30%

Volatility

ARCX vs. SBIT - Volatility Comparison

Tradr 2X Long ACHR Daily ETF (ARCX) has a higher volatility of 53.50% compared to Proshares Ultrashort Bitcoin ETF (SBIT) at 18.09%. This indicates that ARCX's price experiences larger fluctuations and is considered to be riskier than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARCX	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	53.50%	18.09%	+35.41%
Volatility (6M) Calculated over the trailing 6-month period	97.81%	67.10%	+30.71%
Volatility (1Y) Calculated over the trailing 1-year period	140.02%	88.65%	+51.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.59%	96.10%	+48.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.59%	96.10%	+48.49%

ARCX vs. SBIT - Expense Ratio Comparison

ARCX has a 1.30% expense ratio, which is higher than SBIT's 0.95% expense ratio.

Dividends

ARCX vs. SBIT - Dividend Comparison

ARCX has not paid dividends to shareholders, while SBIT's dividend yield for the trailing twelve months is around 4.10%.

Position	TTM	2025	2024
ARCX Tradr 2X Long ACHR Daily ETF	0.00%	0.00%	0.00%
SBIT Proshares Ultrashort Bitcoin ETF	4.03%	0.52%	1.00%

Frequently Asked Questions

Can I hold both ARCX and SBIT in my portfolio?

ARCX and SBIT have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARCX or SBIT?

ARCX has higher volatility (53.50%) compared to SBIT (18.09%). In terms of maximum drawdown, ARCX dropped -94.32% vs SBIT's -91.35%.

Which ETF is better, ARCX or SBIT?

On 1-year performance, SBIT leads with 98.77% vs -87.73% for ARCX. On fees, SBIT is cheaper at 0.95% per year. On volatility, SBIT has been the lower-risk option at 18.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARCX or SBIT?

Over the 1-year period, SBIT has performed better with a 98.77% return vs -87.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARCX or SBIT?

SBIT is cheaper with a 0.95% expense ratio, compared with 1.30% for ARCX.

Which ETF pays a higher dividend yield, ARCX or SBIT?

SBIT has the higher dividend yield at 4.03%, compared with 0.00% for ARCX.

What is the main difference between ARCX and SBIT?

ARCX is categorized as Leveraged Equities, while SBIT is Cryptocurrency. They also come from different issuers: Tradr and ProShares. Their fees differ too: 1.30% for ARCX and 0.95% for SBIT.

Which has better risk-adjusted returns?

SBIT currently has the higher Sharpe Ratio (1.27 vs -0.63), 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.