AVNV vs. SBIT

Last updated Aug 2, 2026

AVNV (Avantis All International Markets Value ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - AVNV is a Foreign Large Cap Equities fund actively managed by Avantis, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). AVNV is actively managed, while SBIT is passively managed. Over the past year, AVNV returned 29.49% vs 98.77% for SBIT. Their -0.36 correlation means they have often moved in opposite directions in the past. AVNV charges 0.34%/yr vs 0.95%/yr for SBIT.

Performance

AVNV vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis All International Markets Value ETF (AVNV) 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, AVNV achieves a 12.32% return, which is significantly lower than SBIT's 39.44% return.

AVNV

• 1D: -0.61%
• 1M: 0.38%
• 6M: 5.51%
• YTD: 12.32%
• 1Y: 29.49%
• 3Y*: 19.96%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.33%

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)
AVNV Avantis All International Markets Value ETF	$860.70K	$883.13K	$745.84K
SBIT Proshares Ultrashort Bitcoin ETF	$29.57M	$32.71M	$46.48M

AVNV vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVNV Avantis All International Markets Value ETF	12.32%	39.93%	1.04%
SBIT Proshares Ultrashort Bitcoin ETF	39.44%	-25.11%	-73.74%

Correlation

The correlation between AVNV and SBIT is -0.44, 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.	-0.44
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024	-0.36

Return for Risk

AVNV vs. SBIT — Risk / Return Rank

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

AVNV

AVNV Risk / Return Rank: 77
AVNV Sharpe Ratio Rank: 81
AVNV Sortino Ratio Rank: 79
AVNV Omega Ratio Rank: 80
AVNV Calmar Ratio Rank: 73
AVNV Martin Ratio Rank: 73

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.

AVNV vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis All International Markets Value ETF (AVNV) 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.

	AVNV	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.27	+0.57
Sortino ratio: Return per unit of downside risk	2.53	1.95	+0.59
Omega ratio: Gain probability vs. loss probability	1.33	1.23	+0.10
Calmar ratio: Return relative to maximum drawdown	2.52	2.35	+0.18
Martin ratio: Return relative to average drawdown	9.10	5.19	+3.92

AVNV vs. SBIT - Sharpe Ratio Comparison

The current AVNV Sharpe Ratio is 1.84, which is higher than the SBIT Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of AVNV 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

AVNV vs. SBIT - Drawdown Comparison

The maximum AVNV drawdown since its inception was -13.89%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for AVNV and SBIT.

Drawdown Indicators

	AVNV	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-13.89%	-91.35%	+77.46%
Max Drawdown (1Y) Largest decline over 1 year	-11.66%	-47.94%	+36.28%
Max Drawdown (3Y) Largest decline over 3 years	-13.89%	—	—
Current Drawdown Current decline from peak	-2.80%	-77.87%	+75.07%
Average Drawdown Average peak-to-trough decline	-2.52%	-69.07%	+66.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	21.67%	-18.44%

Volatility

AVNV vs. SBIT - Volatility Comparison

The current volatility for Avantis All International Markets Value ETF (AVNV) is 5.10%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 18.09%. This indicates that AVNV experiences smaller price fluctuations and is considered to be less risky than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVNV	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.10%	18.09%	-12.99%
Volatility (6M) Calculated over the trailing 6-month period	14.17%	67.10%	-52.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.00%	88.65%	-72.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.08%	96.10%	-81.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.08%	96.10%	-81.02%

AVNV vs. SBIT - Expense Ratio Comparison

AVNV has a 0.34% expense ratio, which is lower than SBIT's 0.95% expense ratio.

Dividends

AVNV vs. SBIT - Dividend Comparison

AVNV's dividend yield for the trailing twelve months is around 2.64%, less than SBIT's 4.10% yield.

Position	TTM	2025	2024	2023
AVNV Avantis All International Markets Value ETF	2.64%	3.14%	3.51%	1.64%
SBIT Proshares Ultrashort Bitcoin ETF	4.03%	0.52%	1.00%	0.00%

Frequently Asked Questions

Can I hold both AVNV and SBIT in my portfolio?

AVNV and SBIT have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVNV or SBIT?

SBIT has higher volatility (18.09%) compared to AVNV (5.10%). In terms of maximum drawdown, AVNV dropped -13.89% vs SBIT's -91.35%.

Which ETF is better, AVNV or SBIT?

On 1-year performance, SBIT leads with 98.77% vs 29.49% for AVNV. On fees, AVNV is cheaper at 0.34% per year. On volatility, AVNV has been the lower-risk option at 5.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVNV or SBIT?

Over the 1-year period, SBIT has performed better with a 98.77% return vs 29.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVNV or SBIT?

AVNV is cheaper with a 0.34% expense ratio, compared with 0.95% for SBIT.

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

SBIT has the higher dividend yield at 4.03%, compared with 2.64% for AVNV.

What is the main difference between AVNV and SBIT?

AVNV is categorized as Foreign Large Cap Equities, while SBIT is Cryptocurrency. They also come from different issuers: Avantis and ProShares. Their fees differ too: 0.34% for AVNV and 0.95% for SBIT.

Which has better risk-adjusted returns?

AVNV currently has the higher Sharpe Ratio (1.84 vs 1.27), 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.