AVTM vs. SBIT

Last updated Aug 1, 2026

AVTM (Avantis Total Equity Markets ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - AVTM is a Global Equities fund actively managed by Avantis, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). AVTM is actively managed, while SBIT is passively managed. Their -0.52 correlation means they have often moved in opposite directions in the past. AVTM charges 0.22%/yr vs 0.95%/yr for SBIT.

Performance

AVTM vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Total Equity Markets ETF (AVTM) and Proshares Ultrashort Bitcoin ETF (SBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVTM

• 1D: 0.78%
• 1M: -0.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SBIT

• 1D: 5.60%
• 1M: -10.69%
• 6M: 32.41%
• YTD: 39.44%
• 1Y: 111.94%
• 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)
AVTM Avantis Total Equity Markets ETF	$110.72K	$334.14K	$211.16K
SBIT Proshares Ultrashort Bitcoin ETF	$29.57M	$32.71M	$46.48M

AVTM vs. SBIT - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	8.35%
SBIT Proshares Ultrashort Bitcoin ETF	32.41%

Correlation

The correlation between AVTM and SBIT is -0.52, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	-0.52

Return for Risk

AVTM vs. SBIT — Risk / Return Rank

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

AVTM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

AVTM vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) 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.

	AVTM	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.27	—
Sortino ratio: Return per unit of downside risk	—	1.95	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	2.35	—
Martin ratio: Return relative to average drawdown	—	5.19	—

Drawdowns

AVTM vs. SBIT - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for AVTM and SBIT.

Drawdown Indicators

	AVTM	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-91.35%	+82.14%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.94%	—
Current Drawdown Current decline from peak	-1.42%	-77.87%	+76.45%
Average Drawdown Average peak-to-trough decline	-1.91%	-69.07%	+67.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.67%	—

Volatility

Volatility by Period

	AVTM	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	67.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	88.65%	-72.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.72%	96.10%	-80.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.72%	96.10%	-80.38%

AVTM vs. SBIT - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is lower than SBIT's 0.95% expense ratio.

Dividends

AVTM vs. SBIT - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.28%, less than SBIT's 4.10% yield.

Position	TTM	2025	2024
AVTM Avantis Total Equity Markets ETF	0.28%	0.00%	0.00%
SBIT Proshares Ultrashort Bitcoin ETF	4.10%	0.52%	1.00%

Frequently Asked Questions

Can I hold both AVTM and SBIT in my portfolio?

AVTM and SBIT have a correlation of -0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVTM or SBIT?

On fees, AVTM is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVTM or SBIT?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.95% for SBIT.

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

SBIT has the higher dividend yield at 4.10%, compared with 0.28% for AVTM.

What is the main difference between AVTM and SBIT?

AVTM is categorized as Global Equities, while SBIT is Cryptocurrency. They also come from different issuers: Avantis and ProShares. Their fees differ too: 0.22% for AVTM and 0.95% for SBIT.