BCCC vs. SBIT
BCCC (Global X Bitcoin Covered Call ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both Cryptocurrency funds. BCCC is actively managed, while SBIT is passively managed. At a correlation of -0.98, they often move in opposite directions. BCCC charges 0.75%/yr vs 0.95%/yr for SBIT.
Performance
BCCC vs. SBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BCCC achieves a -21.49% return, which is significantly lower than SBIT's 37.02% return.
BCCC
- 1D
- -2.78%
- 1M
- -14.90%
- YTD
- -21.49%
- 6M
- -22.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SBIT
- 1D
- 5.42%
- 1M
- 46.58%
- YTD
- 37.02%
- 6M
- 52.37%
- 1Y
- 68.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BCCC vs. SBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BCCC Global X Bitcoin Covered Call ETF | -21.49% | -7.14% |
SBIT Proshares Ultrashort Bitcoin ETF | 37.02% | 19.29% |
Correlation
The correlation between BCCC and SBIT 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BCCC vs. SBIT — Risk / Return Rank
BCCC
SBIT
BCCC vs. SBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Bitcoin Covered Call ETF (BCCC) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| BCCC | SBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.78 | -0.46 | -0.32 |
Drawdowns
BCCC vs. SBIT - Drawdown Comparison
The maximum BCCC drawdown since its inception was -41.62%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for BCCC and SBIT.
Loading charts...
Drawdown Indicators
| BCCC | SBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.62% | -91.35% | +49.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -47.94% | — |
Current DrawdownCurrent decline from peak | -37.25% | -78.26% | +41.01% |
Average DrawdownAverage peak-to-trough decline | -16.84% | -68.55% | +51.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 24.69% | — |
Volatility
BCCC vs. SBIT - Volatility Comparison
Loading charts...
Volatility by Period
| BCCC | SBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 18.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 68.46% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 35.07% | 87.18% | -52.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.07% | 97.47% | -62.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.07% | 97.47% | -62.40% |
BCCC vs. SBIT - Expense Ratio Comparison
BCCC has a 0.75% expense ratio, which is lower than SBIT's 0.95% expense ratio.
Dividends
BCCC vs. SBIT - Dividend Comparison
BCCC's dividend yield for the trailing twelve months is around 62.51%, more than SBIT's 3.42% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BCCC Global X Bitcoin Covered Call ETF | 62.51% | 29.55% | 0.00% |
SBIT Proshares Ultrashort Bitcoin ETF | 3.42% | 0.52% | 1.00% |
Frequently Asked Questions
BCCC and SBIT 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.
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.
BCCC is cheaper with a 0.75% expense ratio, compared with 0.95% for SBIT.
BCCC has the higher dividend yield at 62.51%, compared with 3.42% for SBIT.
They also come from different issuers: Global X and ProShares. Their fees differ too: 0.75% for BCCC and 0.95% for SBIT.
Find the right allocation for BCCC and SBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer