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

Correlation

The correlation between BETE and HODL is 0.36, 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. HODL - Performance Comparison

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

0.00%50.00%100.00%NovemberDecember2025FebruaryMarchApril
10.94%
104.01%
BETE
HODL

Key characteristics

Sharpe Ratio

BETE:

-0.24

HODL:

0.80

Sortino Ratio

BETE:

0.05

HODL:

1.44

Omega Ratio

BETE:

1.01

HODL:

1.17

Calmar Ratio

BETE:

-0.29

HODL:

1.55

Martin Ratio

BETE:

-0.62

HODL:

3.41

Ulcer Index

BETE:

23.15%

HODL:

12.73%

Daily Std Dev

BETE:

59.47%

HODL:

54.02%

Max Drawdown

BETE:

-49.48%

HODL:

-28.07%

Current Drawdown

BETE:

-37.59%

HODL:

-10.58%

Returns By Period

In the year-to-date period, BETE achieves a -26.08% return, which is significantly lower than HODL's 2.13% return.


BETE

YTD

-26.08%

1M

0.05%

6M

-0.36%

1Y

-12.39%

5Y*

N/A

10Y*

N/A

HODL

YTD

2.13%

1M

10.30%

6M

42.90%

1Y

47.37%

5Y*

N/A

10Y*

N/A

*Annualized

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BETE vs. HODL - Expense Ratio Comparison

BETE has a 0.95% expense ratio, which is higher than HODL's 0.25% 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 HODL: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HODL: 0.25%

Risk-Adjusted Performance

BETE vs. HODL — 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

HODL
The Risk-Adjusted Performance Rank of HODL is 7878
Overall Rank
The Sharpe Ratio Rank of HODL is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of HODL is 7979
Sortino Ratio Rank
The Omega Ratio Rank of HODL is 7373
Omega Ratio Rank
The Calmar Ratio Rank of HODL is 9090
Calmar Ratio Rank
The Martin Ratio Rank of HODL is 7676
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. HODL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) and VanEck Bitcoin Trust (HODL). 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
HODL: 0.80
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
HODL: 1.44
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
HODL: 1.17
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
HODL: 1.55
The chart of Martin ratio for BETE, currently valued at -0.62, compared to the broader market0.0020.0040.0060.00
BETE: -0.62
HODL: 3.41

The current BETE Sharpe Ratio is -0.24, which is lower than the HODL Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of BETE and HODL, 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-1.000.001.002.003.00Jan 19Jan 26Feb 02Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
-0.24
0.80
BETE
HODL

Dividends

BETE vs. HODL - Dividend Comparison

BETE's dividend yield for the trailing twelve months is around 21.77%, while HODL has not paid dividends to shareholders.


TTM20242023
BETE
Proshares Bitcoin & Ether Equal Weight Strategy ETF
21.77%15.22%0.78%
HODL
VanEck Bitcoin Trust
0.00%0.00%0.00%

Drawdowns

BETE vs. HODL - Drawdown Comparison

The maximum BETE drawdown since its inception was -49.48%, which is greater than HODL's maximum drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for BETE and HODL. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-37.59%
-10.58%
BETE
HODL

Volatility

BETE vs. HODL - Volatility Comparison

Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) has a higher volatility of 20.90% compared to VanEck Bitcoin Trust (HODL) at 16.21%. This indicates that BETE's price experiences larger fluctuations and is considered to be riskier than HODL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%12.00%14.00%16.00%18.00%20.00%22.00%NovemberDecember2025FebruaryMarchApril
20.90%
16.21%
BETE
HODL