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

Correlation

The correlation between BETE and BKCH is 0.38, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

BETE vs. BKCH - Performance Comparison

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

50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
72.32%
78.09%
BETE
BKCH

Key characteristics

Sharpe Ratio

BETE:

-0.24

BKCH:

-0.15

Sortino Ratio

BETE:

0.05

BKCH:

0.33

Omega Ratio

BETE:

1.01

BKCH:

1.04

Calmar Ratio

BETE:

-0.29

BKCH:

-0.14

Martin Ratio

BETE:

-0.62

BKCH:

-0.42

Ulcer Index

BETE:

23.15%

BKCH:

26.89%

Daily Std Dev

BETE:

59.47%

BKCH:

76.63%

Max Drawdown

BETE:

-49.48%

BKCH:

-91.80%

Current Drawdown

BETE:

-37.59%

BKCH:

-71.66%

Returns By Period

The year-to-date returns for both investments are quite close, with BETE having a -26.08% return and BKCH slightly higher at -24.85%.


BETE

YTD

-26.08%

1M

0.05%

6M

-0.36%

1Y

-12.39%

5Y*

N/A

10Y*

N/A

BKCH

YTD

-24.85%

1M

3.52%

6M

-21.61%

1Y

-7.78%

5Y*

N/A

10Y*

N/A

*Annualized

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BETE vs. BKCH - Expense Ratio Comparison

BETE has a 0.95% expense ratio, which is higher than BKCH's 0.50% expense ratio.


Expense ratio chart for BETE: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BETE: 0.95%
Expense ratio chart for BKCH: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BKCH: 0.50%

Risk-Adjusted Performance

BETE vs. BKCH — 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 1212
Overall Rank
The Sharpe Ratio Rank of BETE is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of BETE is 1616
Sortino Ratio Rank
The Omega Ratio Rank of BETE is 1616
Omega Ratio Rank
The Calmar Ratio Rank of BETE is 66
Calmar Ratio Rank
The Martin Ratio Rank of BETE is 1010
Martin Ratio Rank

BKCH
The Risk-Adjusted Performance Rank of BKCH is 1818
Overall Rank
The Sharpe Ratio Rank of BKCH is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of BKCH is 2929
Sortino Ratio Rank
The Omega Ratio Rank of BKCH is 2525
Omega Ratio Rank
The Calmar Ratio Rank of BKCH is 1111
Calmar Ratio Rank
The Martin Ratio Rank of BKCH is 1212
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. BKCH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) and Global X Blockchain ETF (BKCH). 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 -0.24, compared to the broader market-1.000.001.002.003.004.00
BETE: -0.24
BKCH: -0.15
The chart of Sortino ratio for BETE, currently valued at 0.05, compared to the broader market-2.000.002.004.006.008.00
BETE: 0.05
BKCH: 0.33
The chart of Omega ratio for BETE, currently valued at 1.01, compared to the broader market0.501.001.502.002.50
BETE: 1.01
BKCH: 1.04
The chart of Calmar ratio for BETE, currently valued at -0.29, compared to the broader market0.002.004.006.008.0010.0012.00
BETE: -0.29
BKCH: -0.19
The chart of Martin ratio for BETE, currently valued at -0.62, compared to the broader market0.0020.0040.0060.00
BETE: -0.62
BKCH: -0.42

The current BETE Sharpe Ratio is -0.24, which is lower than the BKCH Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of BETE and BKCH, 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.24
-0.15
BETE
BKCH

Dividends

BETE vs. BKCH - Dividend Comparison

BETE's dividend yield for the trailing twelve months is around 21.77%, more than BKCH's 10.13% yield.


TTM2024202320222021
BETE
Proshares Bitcoin & Ether Equal Weight Strategy ETF
21.77%15.22%0.78%0.00%0.00%
BKCH
Global X Blockchain ETF
10.13%7.61%2.33%1.30%4.28%

Drawdowns

BETE vs. BKCH - Drawdown Comparison

The maximum BETE drawdown since its inception was -49.48%, smaller than the maximum BKCH drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for BETE and BKCH. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-37.59%
-45.33%
BETE
BKCH

Volatility

BETE vs. BKCH - Volatility Comparison

The current volatility for Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is 20.90%, while Global X Blockchain ETF (BKCH) has a volatility of 26.50%. This indicates that BETE experiences smaller price fluctuations and is considered to be less risky than BKCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
20.90%
26.50%
BETE
BKCH