BIDD vs. BITI

Last updated Aug 2, 2026

BIDD (iShares International Dividend Active ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - BIDD is a Foreign Large Cap Equities fund actively managed by iShares, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. BIDD is actively managed, while BITI is passively managed. Over the past year, BIDD returned 23.52% vs 58.64% for BITI. Their -0.36 correlation means they have often moved in opposite directions in the past. BIDD charges 0.59%/yr vs 1.03%/yr for BITI.

Performance

BIDD vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Dividend Active ETF (BIDD) and ProShares Short Bitcoin ETF (BITI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIDD achieves a 10.61% return, which is significantly lower than BITI's 27.11% return.

BIDD

• 1D: 0.43%
• 1M: 1.14%
• 6M: 5.38%
• YTD: 10.61%
• 1Y: 23.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.28%

BITI

• 1D: 3.01%
• 1M: -2.58%
• 6M: 22.77%
• YTD: 27.11%
• 1Y: 58.64%
• 3Y*: -31.77%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -35.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BIDD iShares International Dividend Active ETF	$837.27K	$755.63K	$976.21K
BITI ProShares Short Bitcoin ETF	$24.10M	$26.49M	$38.71M

BIDD vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BIDD iShares International Dividend Active ETF	10.61%	20.17%	-1.39%
BITI ProShares Short Bitcoin ETF	27.11%	-1.76%	-2.93%

Correlation

The correlation between BIDD and BITI is -0.44, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.44
Correlation (All Time) Calculated using the full available price history since Nov 18, 2024	-0.36

Return for Risk

BIDD vs. BITI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BIDD

BIDD Risk / Return Rank: 56
BIDD Sharpe Ratio Rank: 57
BIDD Sortino Ratio Rank: 57
BIDD Omega Ratio Rank: 57
BIDD Calmar Ratio Rank: 52
BIDD Martin Ratio Rank: 57

BITI

BITI Risk / Return Rank: 61
BITI Sharpe Ratio Rank: 63
BITI Sortino Ratio Rank: 60
BITI Omega Ratio Rank: 55
BITI Calmar Ratio Rank: 73
BITI Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BIDD vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Active ETF (BIDD) and ProShares Short Bitcoin ETF (BITI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BIDD	BITI	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.45	-0.08
Sortino ratio: Return per unit of downside risk	1.98	2.02	-0.04
Omega ratio: Gain probability vs. loss probability	1.25	1.24	+0.01
Calmar ratio: Return relative to maximum drawdown	1.89	2.53	-0.65
Martin ratio: Return relative to average drawdown	6.82	6.17	+0.64

BIDD vs. BITI - Sharpe Ratio Comparison

The current BIDD Sharpe Ratio is 1.37, which is comparable to the BITI Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of BIDD and BITI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BIDD vs. BITI - Drawdown Comparison

The maximum BIDD drawdown since its inception was -15.08%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for BIDD and BITI.

Drawdown Indicators

	BIDD	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-15.08%	-92.16%	+77.08%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-25.28%	+12.96%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.63%	—
Current Drawdown Current decline from peak	-2.21%	-86.12%	+83.91%
Average Drawdown Average peak-to-trough decline	-2.31%	-68.59%	+66.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	10.35%	-6.95%

Volatility

BIDD vs. BITI - Volatility Comparison

The current volatility for iShares International Dividend Active ETF (BIDD) is 5.52%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 9.13%. This indicates that BIDD experiences smaller price fluctuations and is considered to be less risky than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIDD	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	9.13%	-3.61%
Volatility (6M) Calculated over the trailing 6-month period	15.02%	33.31%	-18.29%
Volatility (1Y) Calculated over the trailing 1-year period	16.96%	44.23%	-27.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	52.03%	-34.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	52.03%	-34.61%

BIDD vs. BITI - Expense Ratio Comparison

BIDD has a 0.59% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

BIDD vs. BITI - Dividend Comparison

BIDD's dividend yield for the trailing twelve months is around 7.71%, less than BITI's 15.30% yield.

Position	TTM	2025	2024	2023	2022
BIDD iShares International Dividend Active ETF	7.71%	2.74%	0.13%	0.00%	0.00%
BITI ProShares Short Bitcoin ETF	15.17%	1.60%	3.91%	3.33%	0.06%

Frequently Asked Questions

Can I hold both BIDD and BITI in my portfolio?

BIDD and BITI have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIDD or BITI?

BITI has higher volatility (9.13%) compared to BIDD (5.52%). In terms of maximum drawdown, BIDD dropped -15.08% vs BITI's -92.16%.

Which ETF is better, BIDD or BITI?

On 1-year performance, BITI leads with 58.64% vs 23.52% for BIDD. On fees, BIDD is cheaper at 0.59% per year. On volatility, BIDD has been the lower-risk option at 5.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BIDD or BITI?

Over the 1-year period, BITI has performed better with a 58.64% return vs 23.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BIDD or BITI?

BIDD is cheaper with a 0.59% expense ratio, compared with 1.03% for BITI.

Which ETF pays a higher dividend yield, BIDD or BITI?

BITI has the higher dividend yield at 15.17%, compared with 7.71% for BIDD.

What is the main difference between BIDD and BITI?

BIDD is categorized as Foreign Large Cap Equities, while BITI is Cryptocurrency. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.59% for BIDD and 1.03% for BITI.

Which has better risk-adjusted returns?

BITI currently has the higher Sharpe Ratio (1.45 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.