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BETH vs. BTF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BETH and BTF is 0.35, 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.


Performance

BETH vs. BTF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) and Valkyrie Bitcoin and Ether Strategy ETF (BTF). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BETH:

0.64

BTF:

0.11

Sortino Ratio

BETH:

1.22

BTF:

0.57

Omega Ratio

BETH:

1.15

BTF:

1.07

Calmar Ratio

BETH:

0.95

BTF:

0.11

Martin Ratio

BETH:

1.93

BTF:

0.23

Ulcer Index

BETH:

17.67%

BTF:

24.53%

Daily Std Dev

BETH:

55.12%

BTF:

60.64%

Max Drawdown

BETH:

-35.92%

BTF:

-77.50%

Current Drawdown

BETH:

-12.48%

BTF:

-26.84%

Returns By Period

In the year-to-date period, BETH achieves a 1.53% return, which is significantly higher than BTF's -13.84% return.


BETH

YTD

1.53%

1M

26.78%

6M

19.47%

1Y

35.23%

5Y*

N/A

10Y*

N/A

BTF

YTD

-13.84%

1M

33.76%

6M

-0.66%

1Y

6.55%

5Y*

N/A

10Y*

N/A

*Annualized

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BETH vs. BTF - Expense Ratio Comparison

BETH has a 0.95% expense ratio, which is lower than BTF's 1.24% expense ratio.


Risk-Adjusted Performance

BETH vs. BTF — Risk-Adjusted Performance Rank

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

BETH
The Risk-Adjusted Performance Rank of BETH is 7171
Overall Rank
The Sharpe Ratio Rank of BETH is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of BETH is 7676
Sortino Ratio Rank
The Omega Ratio Rank of BETH is 6969
Omega Ratio Rank
The Calmar Ratio Rank of BETH is 8282
Calmar Ratio Rank
The Martin Ratio Rank of BETH is 6060
Martin Ratio Rank

BTF
The Risk-Adjusted Performance Rank of BTF is 3131
Overall Rank
The Sharpe Ratio Rank of BTF is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of BTF is 4242
Sortino Ratio Rank
The Omega Ratio Rank of BTF is 3737
Omega Ratio Rank
The Calmar Ratio Rank of BTF is 2727
Calmar Ratio Rank
The Martin Ratio Rank of BTF is 2323
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.

BETH vs. BTF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) and Valkyrie Bitcoin and Ether Strategy ETF (BTF). 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 current BETH Sharpe Ratio is 0.64, which is higher than the BTF Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of BETH and BTF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BETH vs. BTF - Dividend Comparison

BETH's dividend yield for the trailing twelve months is around 18.84%, less than BTF's 61.47% yield.


Drawdowns

BETH vs. BTF - Drawdown Comparison

The maximum BETH drawdown since its inception was -35.92%, smaller than the maximum BTF drawdown of -77.50%. Use the drawdown chart below to compare losses from any high point for BETH and BTF. For additional features, visit the drawdowns tool.


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Volatility

BETH vs. BTF - Volatility Comparison


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