AVSU vs. BITI

Last updated Jul 18, 2026

AVSU (Avantis Responsible U.S. Equity ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - AVSU is a Large Cap Blend Equities fund tracking the Russell 3000 Index, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. Both are passively managed. Over the past 3 years, AVSU returned 19.30%/yr vs -31.71%/yr for BITI. At a correlation of -0.39, they often move in opposite directions. AVSU charges 0.15%/yr vs 1.03%/yr for BITI.

Performance

AVSU vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Responsible U.S. Equity ETF (AVSU) 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, AVSU achieves a 14.81% return, which is significantly lower than BITI's 24.73% return.

AVSU

• 1D: -0.99%
• 1M: 0.56%
• 6M: 11.65%
• YTD: 14.81%
• 1Y: 26.59%
• 3Y*: 19.30%
• 5Y*: —
• 10Y*: —

BITI

• 1D: 0.20%
• 1M: -0.52%
• 6M: 36.51%
• YTD: 24.73%
• 1Y: 64.56%
• 3Y*: -31.71%
• 5Y*: —
• 10Y*: —

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

AVSU vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVSU Avantis Responsible U.S. Equity ETF	14.81%	16.69%	19.16%	24.50%	6.17%
BITI ProShares Short Bitcoin ETF	24.73%	-1.76%	-62.60%	-66.17%	3.39%

Correlation

The correlation between AVSU and BITI is -0.45, 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	-0.45
Correlation (3Y) Calculated over the trailing 3-year period	-0.38
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022	-0.39

Return for Risk

AVSU vs. BITI — Risk / Return Rank

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

AVSU

AVSU Risk / Return Rank: 75
AVSU Sharpe Ratio Rank: 76
AVSU Sortino Ratio Rank: 77
AVSU Omega Ratio Rank: 73
AVSU Calmar Ratio Rank: 68
AVSU Martin Ratio Rank: 80

BITI

BITI Risk / Return Rank: 53
BITI Sharpe Ratio Rank: 54
BITI Sortino Ratio Rank: 51
BITI Omega Ratio Rank: 47
BITI Calmar Ratio Rank: 65
BITI Martin Ratio Rank: 48

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.

AVSU vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Responsible U.S. Equity ETF (AVSU) 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.

	AVSU	BITI	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.47	+0.43
Sortino ratio: Return per unit of downside risk	2.71	2.04	+0.67
Omega ratio: Gain probability vs. loss probability	1.34	1.25	+0.09
Calmar ratio: Return relative to maximum drawdown	2.66	2.57	+0.09
Martin ratio: Return relative to average drawdown	11.84	6.36	+5.48

AVSU vs. BITI - Sharpe Ratio Comparison

The current AVSU Sharpe Ratio is 1.90, which is comparable to the BITI Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of AVSU 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

AVSU vs. BITI - Drawdown Comparison

The maximum AVSU drawdown since its inception was -21.67%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for AVSU and BITI.

Drawdown Indicators

	AVSU	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-21.67%	-92.16%	+70.49%
Max Drawdown (1Y) Largest decline over 1 year	-10.06%	-25.28%	+15.22%
Max Drawdown (3Y) Largest decline over 3 years	-20.16%	-84.63%	+64.47%
Current Drawdown Current decline from peak	-1.50%	-86.38%	+84.88%
Average Drawdown Average peak-to-trough decline	-5.35%	-68.42%	+63.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	10.18%	-7.93%

Volatility

AVSU vs. BITI - Volatility Comparison

The current volatility for Avantis Responsible U.S. Equity ETF (AVSU) is 3.80%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 10.69%. This indicates that AVSU 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

	AVSU	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	10.69%	-6.89%
Volatility (6M) Calculated over the trailing 6-month period	11.37%	34.09%	-22.72%
Volatility (1Y) Calculated over the trailing 1-year period	14.07%	44.07%	-30.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.83%	52.21%	-34.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.83%	52.21%	-34.38%

AVSU vs. BITI - Expense Ratio Comparison

AVSU has a 0.15% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

AVSU vs. BITI - Dividend Comparison

AVSU's dividend yield for the trailing twelve months is around 0.90%, less than BITI's 15.59% yield.

Position	TTM	2025	2024	2023	2022
AVSU Avantis Responsible U.S. Equity ETF	0.90%	1.03%	1.22%	1.22%	0.99%
BITI ProShares Short Bitcoin ETF	15.59%	1.60%	3.91%	3.33%	0.06%

Frequently Asked Questions

Can I hold both AVSU and BITI in my portfolio?

AVSU and BITI have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVSU or BITI?

BITI has higher volatility (10.69%) compared to AVSU (3.80%). In terms of maximum drawdown, AVSU dropped -21.67% vs BITI's -92.16%.

Which ETF is better, AVSU or BITI?

On 3-year performance, AVSU leads with 19.30% vs -31.71% for BITI. On fees, AVSU is cheaper at 0.15% per year. On volatility, AVSU has been the lower-risk option at 3.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVSU or BITI?

Over the 3-year period, AVSU has performed better with a 19.30% return vs -31.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVSU or BITI?

AVSU is cheaper with a 0.15% expense ratio, compared with 1.03% for BITI.

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

BITI has the higher dividend yield at 15.59%, compared with 0.90% for AVSU.

What is the main difference between AVSU and BITI?

AVSU is categorized as Large Cap Blend Equities, while BITI is Cryptocurrency. AVSU tracks Russell 3000 Index, while BITI tracks Bloomberg Bitcoin Index. They also come from different issuers: Avantis and ProShares. Their fees differ too: 0.15% for AVSU and 1.03% for BITI.

Which has better risk-adjusted returns?

AVSU currently has the higher Sharpe Ratio (1.90 vs 1.47), 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.