BITO vs. IBIT

In the year-to-date period, BITO achieves a 8.16% return, which is significantly lower than IBIT's 10.73% return.

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BITO has a 0.95% expense ratio, which is higher than IBIT's 0.25% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for ProShares Bitcoin Strategy ETF (BITO) and iShares Bitcoin Trust (IBIT). 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 BITO Sharpe Ratio is 1.07, which is comparable to the IBIT Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of BITO and IBIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

BITO's dividend yield for the trailing twelve months is around 58.24%, while IBIT has not paid dividends to shareholders.

The maximum BITO drawdown since its inception was -77.86%, which is greater than IBIT's maximum drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for BITO and IBIT. For additional features, visit the drawdowns tool.

ProShares Bitcoin Strategy ETF (BITO) and iShares Bitcoin Trust (IBIT) have volatilities of 9.50% and 9.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.