PortfoliosLab logo
BITSX vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BITSX and BITO is 0.41, 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.


Performance

BITSX vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Total U.S. Stock Market Index Fund (BITSX) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

BITSX:

0.59

BITO:

0.93

Sortino Ratio

BITSX:

1.07

BITO:

1.73

Omega Ratio

BITSX:

1.16

BITO:

1.20

Calmar Ratio

BITSX:

0.70

BITO:

1.89

Martin Ratio

BITSX:

2.62

BITO:

4.23

Ulcer Index

BITSX:

5.14%

BITO:

13.91%

Daily Std Dev

BITSX:

19.74%

BITO:

53.84%

Max Drawdown

BITSX:

-34.97%

BITO:

-77.86%

Current Drawdown

BITSX:

-4.45%

BITO:

-5.09%

Returns By Period

In the year-to-date period, BITSX achieves a 0.04% return, which is significantly lower than BITO's 9.10% return.


BITSX

YTD

0.04%

1M

12.02%

6M

0.10%

1Y

11.83%

5Y*

16.71%

10Y*

N/A

BITO

YTD

9.10%

1M

21.95%

6M

9.72%

1Y

45.79%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BITSX vs. BITO - Expense Ratio Comparison

BITSX has a 0.08% expense ratio, which is lower than BITO's 0.95% expense ratio.


Risk-Adjusted Performance

BITSX vs. BITO — Risk-Adjusted Performance Rank

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

BITSX
The Risk-Adjusted Performance Rank of BITSX is 6666
Overall Rank
The Sharpe Ratio Rank of BITSX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of BITSX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of BITSX is 6767
Omega Ratio Rank
The Calmar Ratio Rank of BITSX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of BITSX is 6666
Martin Ratio Rank

BITO
The Risk-Adjusted Performance Rank of BITO is 8484
Overall Rank
The Sharpe Ratio Rank of BITO is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of BITO is 8686
Sortino Ratio Rank
The Omega Ratio Rank of BITO is 8080
Omega Ratio Rank
The Calmar Ratio Rank of BITO is 9393
Calmar Ratio Rank
The Martin Ratio Rank of BITO is 8181
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.

BITSX vs. BITO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Total U.S. Stock Market Index Fund (BITSX) and ProShares Bitcoin Strategy ETF (BITO). 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 BITSX Sharpe Ratio is 0.59, which is lower than the BITO Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of BITSX and BITO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

BITSX vs. BITO - Dividend Comparison

BITSX's dividend yield for the trailing twelve months is around 1.27%, less than BITO's 57.73% yield.


TTM2024202320222021202020192018201720162015
BITSX
iShares Total U.S. Stock Market Index Fund
1.27%1.24%1.42%1.59%1.07%1.40%1.82%1.99%1.70%1.39%0.74%
BITO
ProShares Bitcoin Strategy ETF
57.73%61.58%15.14%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BITSX vs. BITO - Drawdown Comparison

The maximum BITSX drawdown since its inception was -34.97%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for BITSX and BITO. For additional features, visit the drawdowns tool.


Loading data...

Volatility

BITSX vs. BITO - Volatility Comparison

The current volatility for iShares Total U.S. Stock Market Index Fund (BITSX) is 6.19%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 9.28%. This indicates that BITSX experiences smaller price fluctuations and is considered to be less risky than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...