BCCC vs. BITI

Last updated Jun 5, 2026

BCCC (Global X Bitcoin Covered Call ETF) and BITI (ProShares Shrt Bitcoin ETF) are both Cryptocurrency funds. BCCC is actively managed, while BITI is passively managed. Over the past year, BCCC returned -28.98% vs 47.79% for BITI. At a correlation of -0.98, they often move in opposite directions. BCCC charges 0.75%/yr vs 1.03%/yr for BITI.

Performance

BCCC vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Bitcoin Covered Call ETF (BCCC) and ProShares Shrt Bitcoin ETF (BITI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCCC achieves a -23.52% return, which is significantly lower than BITI's 27.41% return.

BCCC

• 1D: -2.59%
• 1M: -18.36%
• YTD: -23.52%
• 6M: -24.11%
• 1Y: -28.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITI

• 1D: 2.70%
• 1M: 27.75%
• YTD: 27.41%
• 6M: 34.37%
• 1Y: 47.79%
• 3Y*: -34.84%
• 5Y*: —
• 10Y*: —

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

BCCC vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025
BCCC Global X Bitcoin Covered Call ETF	-23.52%	-7.14%
BITI ProShares Shrt Bitcoin ETF	27.41%	15.99%

Correlation

The correlation between BCCC and BITI is -0.98, 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 (All Time) Calculated using the full available price history since Jun 5, 2025	-0.98

Return for Risk

BCCC vs. BITI — Risk / Return Rank

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

BITI

BITI Risk / Return Rank: 32
BITI Sharpe Ratio Rank: 31
BITI Sortino Ratio Rank: 32
BITI Omega Ratio Rank: 30
BITI Calmar Ratio Rank: 39
BITI Martin Ratio Rank: 29

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.

BCCC vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Bitcoin Covered Call ETF (BCCC) and ProShares Shrt 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.

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

Sharpe Ratios by Period

	BCCC	BITI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.83	-0.71	-0.12

Drawdowns

BCCC vs. BITI - Drawdown Comparison

The maximum BCCC drawdown since its inception was -41.62%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for BCCC and BITI.

Drawdown Indicators

	BCCC	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-41.62%	-92.16%	+50.54%
Max Drawdown (1Y) Largest decline over 1 year	-41.62%	-25.28%	-16.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.63%	—
Current Drawdown Current decline from peak	-38.88%	-86.09%	+47.21%
Average Drawdown Average peak-to-trough decline	-16.93%	-67.97%	+51.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.80%	—

Volatility

Volatility by Period

	BCCC	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.09%	43.55%	-8.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.09%	52.50%	-17.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.09%	52.50%	-17.41%

BCCC vs. BITI - Expense Ratio Comparison

BCCC has a 0.75% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

BCCC vs. BITI - Dividend Comparison

BCCC's dividend yield for the trailing twelve months is around 64.17%, more than BITI's 9.27% yield.

Position	TTM	2025	2024	2023	2022
BCCC Global X Bitcoin Covered Call ETF	64.17%	29.55%	0.00%	0.00%	0.00%
BITI ProShares Shrt Bitcoin ETF	9.27%	1.60%	3.91%	3.33%	0.06%

Frequently Asked Questions

Can I hold both BCCC and BITI in my portfolio?

BCCC and BITI have a correlation of -0.98, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCCC or BITI?

On 1-year performance, BITI leads with 47.79% vs -28.98% for BCCC. On fees, BCCC is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BCCC or BITI?

Over the 1-year period, BITI has performed better with a 47.79% return vs -28.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BCCC or BITI?

BCCC is cheaper with a 0.75% expense ratio, compared with 1.03% for BITI.

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

BCCC has the higher dividend yield at 64.17%, compared with 9.27% for BITI.

What is the main difference between BCCC and BITI?

They also come from different issuers: Global X and ProShares. Their fees differ too: 0.75% for BCCC and 1.03% for BITI.