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BITU vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BITU and BITO is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 1.0

Performance

BITU vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Proshares Ultra Bitcoin ETF (BITU) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
-4.76%
16.05%
BITU
BITO

Key characteristics

Sortino Ratio

BITU:

0.75

BITO:

0.82

Omega Ratio

BITU:

1.08

BITO:

1.09

Ulcer Index

BITU:

30.48%

BITO:

14.02%

Daily Std Dev

BITU:

108.52%

BITO:

54.97%

Max Drawdown

BITU:

-55.23%

BITO:

-77.86%

Current Drawdown

BITU:

-48.56%

BITO:

-25.03%

Returns By Period

In the year-to-date period, BITU achieves a -30.93% return, which is significantly lower than BITO's -13.82% return.


BITU

YTD

-30.93%

1M

-15.22%

6M

43.01%

1Y

-4.15%

5Y*

N/A

10Y*

N/A

BITO

YTD

-13.82%

1M

-6.15%

6M

29.44%

1Y

16.13%

5Y*

N/A

10Y*

N/A

*Annualized

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BITU vs. BITO - Expense Ratio Comparison

Both BITU and BITO have an expense ratio of 0.95%.


Expense ratio chart for BITU: 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%
BITU: 0.95%
Expense ratio chart for BITO: 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%
BITO: 0.95%

Risk-Adjusted Performance

BITU vs. BITO — Risk-Adjusted Performance Rank

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

BITU

BITO
The Risk-Adjusted Performance Rank of BITO is 4141
Overall Rank
The Sharpe Ratio Rank of BITO is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of BITO is 4747
Sortino Ratio Rank
The Omega Ratio Rank of BITO is 4242
Omega Ratio Rank
The Calmar Ratio Rank of BITO is 4848
Calmar Ratio Rank
The Martin Ratio Rank of BITO is 3434
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.

BITU vs. BITO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Ultra Bitcoin ETF (BITU) 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 chart of Sortino ratio for BITU, currently valued at 0.75, compared to the broader market-2.000.002.004.006.008.0010.0012.00
BITU: 0.75
BITO: 0.82
The chart of Omega ratio for BITU, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.00
BITU: 1.08
BITO: 1.09


Chart placeholderNot enough data

Dividends

BITU vs. BITO - Dividend Comparison

BITU's dividend yield for the trailing twelve months is around 6.32%, less than BITO's 77.51% yield.


TTM20242023
BITU
Proshares Ultra Bitcoin ETF
6.32%0.12%0.00%
BITO
ProShares Bitcoin Strategy ETF
77.51%61.58%15.14%

Drawdowns

BITU vs. BITO - Drawdown Comparison

The maximum BITU drawdown since its inception was -55.23%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for BITU and BITO. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-48.56%
-25.03%
BITU
BITO

Volatility

BITU vs. BITO - Volatility Comparison

Proshares Ultra Bitcoin ETF (BITU) has a higher volatility of 35.27% compared to ProShares Bitcoin Strategy ETF (BITO) at 17.46%. This indicates that BITU's price experiences larger fluctuations and is considered to be riskier than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
35.27%
17.46%
BITU
BITO