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BETE vs. AAPL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BETE and AAPL is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


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Performance

BETE vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%AugustSeptemberOctoberNovemberDecember2025
23.63%
2.45%
BETE
AAPL

Key characteristics

Sharpe Ratio

BETE:

1.21

AAPL:

1.15

Sortino Ratio

BETE:

1.86

AAPL:

1.72

Omega Ratio

BETE:

1.23

AAPL:

1.22

Calmar Ratio

BETE:

1.90

AAPL:

1.60

Martin Ratio

BETE:

3.90

AAPL:

4.06

Ulcer Index

BETE:

18.41%

AAPL:

6.53%

Daily Std Dev

BETE:

59.22%

AAPL:

22.99%

Max Drawdown

BETE:

-37.88%

AAPL:

-81.80%

Current Drawdown

BETE:

-8.44%

AAPL:

-11.21%

Returns By Period

In the year-to-date period, BETE achieves a 8.44% return, which is significantly higher than AAPL's -8.16% return.


BETE

YTD

8.44%

1M

4.65%

6M

20.38%

1Y

75.86%

5Y*

N/A

10Y*

N/A

AAPL

YTD

-8.16%

1M

-9.63%

6M

2.92%

1Y

20.64%

5Y*

24.57%

10Y*

24.85%

*Annualized

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Apple Inc

Risk-Adjusted Performance

BETE vs. AAPL — Risk-Adjusted Performance Rank

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

BETE
The Risk-Adjusted Performance Rank of BETE is 4848
Overall Rank
The Sharpe Ratio Rank of BETE is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of BETE is 4949
Sortino Ratio Rank
The Omega Ratio Rank of BETE is 4747
Omega Ratio Rank
The Calmar Ratio Rank of BETE is 6060
Calmar Ratio Rank
The Martin Ratio Rank of BETE is 3939
Martin Ratio Rank

AAPL
The Risk-Adjusted Performance Rank of AAPL is 7979
Overall Rank
The Sharpe Ratio Rank of AAPL is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of AAPL is 7676
Sortino Ratio Rank
The Omega Ratio Rank of AAPL is 7373
Omega Ratio Rank
The Calmar Ratio Rank of AAPL is 8787
Calmar Ratio Rank
The Martin Ratio Rank of AAPL is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BETE vs. AAPL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) and Apple Inc (AAPL). 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.


The chart of Sharpe ratio for BETE, currently valued at 1.21, compared to the broader market0.002.004.001.211.15
The chart of Sortino ratio for BETE, currently valued at 1.86, compared to the broader market0.005.0010.001.861.72
The chart of Omega ratio for BETE, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.22
The chart of Calmar ratio for BETE, currently valued at 1.90, compared to the broader market0.005.0010.0015.0020.001.901.60
The chart of Martin ratio for BETE, currently valued at 3.90, compared to the broader market0.0020.0040.0060.0080.00100.003.904.06
BETE
AAPL

The current BETE Sharpe Ratio is 1.21, which is comparable to the AAPL Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of BETE and AAPL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.801.001.201.401.601.80Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12
1.21
1.15
BETE
AAPL

Dividends

BETE vs. AAPL - Dividend Comparison

BETE's dividend yield for the trailing twelve months is around 14.03%, more than AAPL's 0.43% yield.


TTM20242023202220212020201920182017201620152014
BETE
Proshares Bitcoin & Ether Equal Weight Strategy ETF
14.03%15.22%0.78%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AAPL
Apple Inc
0.43%0.40%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%

Drawdowns

BETE vs. AAPL - Drawdown Comparison

The maximum BETE drawdown since its inception was -37.88%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for BETE and AAPL. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-8.44%
-11.21%
BETE
AAPL

Volatility

BETE vs. AAPL - Volatility Comparison

Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) has a higher volatility of 17.72% compared to Apple Inc (AAPL) at 7.18%. This indicates that BETE's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%AugustSeptemberOctoberNovemberDecember2025
17.72%
7.18%
BETE
AAPL

Recent discussions

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I am trying to understand how to make the best use of transactional portfolios. At first I thought it is useful when tracking the performance of a self-managed fund. You add cash to it, transact in equities, adding each transaction to the portfolio. It then shows you its performance wrt. to a benchmark. The broker does this for you anyway, but the whole reason I started evaluating Portfolioslab is so that I can separate my single broker account into thematic baskets ("thematic funds") and track their performance individually.

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May 14, 24 Posted in general
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Do you have any plans to add recommended instruments that will provide better diversification and risk/return for a portfolio like some other sites do ? They claim to do this based on expected future performance, but even based on past performance and past diversification may be a good start ?

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