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

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.

-40.00%-20.00%0.00%20.00%40.00%60.00%JuneJulyAugustSeptemberOctoberNovember
5.20%
39.60%
BETE
BKCH

Returns By Period

In the year-to-date period, BETE achieves a 66.72% return, which is significantly higher than BKCH's 39.66% return.


BETE

YTD

66.72%

1M

35.19%

6M

5.20%

1Y

89.16%

5Y (annualized)

N/A

10Y (annualized)

N/A

BKCH

YTD

39.66%

1M

22.62%

6M

39.60%

1Y

125.92%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


BETEBKCH
Sharpe Ratio1.531.54
Sortino Ratio2.152.32
Omega Ratio1.261.26
Calmar Ratio2.351.59
Martin Ratio4.895.64
Ulcer Index18.23%22.33%
Daily Std Dev58.25%81.74%
Max Drawdown-37.88%-91.80%
Current Drawdown-4.49%-55.67%

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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.


BETE
Proshares Bitcoin & Ether Equal Weight Strategy ETF
Expense ratio chart for BETE: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for BKCH: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

The correlation between BETE and BKCH is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for BETE, currently valued at 1.53, compared to the broader market-2.000.002.004.001.531.54
The chart of Sortino ratio for BETE, currently valued at 2.15, compared to the broader market-2.000.002.004.006.008.0010.0012.002.152.32
The chart of Omega ratio for BETE, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.261.26
The chart of Calmar ratio for BETE, currently valued at 2.35, compared to the broader market0.005.0010.0015.002.352.86
The chart of Martin ratio for BETE, currently valued at 4.89, compared to the broader market0.0020.0040.0060.0080.00100.004.895.64
BETE
BKCH

The current BETE Sharpe Ratio is 1.53, which is comparable to the BKCH Sharpe Ratio of 1.54. 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 Ratio1.001.502.002.50Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24
1.53
1.54
BETE
BKCH

Dividends

BETE vs. BKCH - Dividend Comparison

BETE's dividend yield for the trailing twelve months is around 15.31%, more than BKCH's 1.60% yield.


TTM202320222021
BETE
Proshares Bitcoin & Ether Equal Weight Strategy ETF
15.31%0.78%0.00%0.00%
BKCH
Global X Blockchain ETF
1.60%2.33%1.30%4.28%

Drawdowns

BETE vs. BKCH - Drawdown Comparison

The maximum BETE drawdown since its inception was -37.88%, 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.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.49%
-11.77%
BETE
BKCH

Volatility

BETE vs. BKCH - Volatility Comparison

The current volatility for Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is 19.90%, while Global X Blockchain ETF (BKCH) has a volatility of 31.01%. 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.


10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
19.90%
31.01%
BETE
BKCH
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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