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BITU vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BITU and BTC-USD is 0.37, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

BITU vs. BTC-USD - Performance Comparison

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

-20.00%0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
20.85%
42.77%
BITU
BTC-USD

Key characteristics

Sharpe Ratio

BITU:

0.28

BTC-USD:

1.71

Sortino Ratio

BITU:

1.20

BTC-USD:

2.35

Omega Ratio

BITU:

1.14

BTC-USD:

1.24

Calmar Ratio

BITU:

0.55

BTC-USD:

1.46

Martin Ratio

BITU:

1.05

BTC-USD:

7.72

Ulcer Index

BITU:

29.06%

BTC-USD:

11.30%

Daily Std Dev

BITU:

108.97%

BTC-USD:

42.88%

Max Drawdown

BITU:

-55.28%

BTC-USD:

-93.07%

Current Drawdown

BITU:

-34.73%

BTC-USD:

-11.97%

Returns By Period

In the year-to-date period, BITU achieves a -12.36% return, which is significantly lower than BTC-USD's 0.01% return.


BITU

YTD

-12.36%

1M

7.88%

6M

55.86%

1Y

22.63%

5Y*

N/A

10Y*

N/A

BTC-USD

YTD

0.01%

1M

6.79%

6M

40.66%

1Y

40.71%

5Y*

65.44%

10Y*

83.23%

*Annualized

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Risk-Adjusted Performance

BITU vs. BTC-USD — Risk-Adjusted Performance Rank

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

BITU
The Risk-Adjusted Performance Rank of BITU is 6464
Overall Rank
The Sharpe Ratio Rank of BITU is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of BITU is 7676
Sortino Ratio Rank
The Omega Ratio Rank of BITU is 7171
Omega Ratio Rank
The Calmar Ratio Rank of BITU is 7272
Calmar Ratio Rank
The Martin Ratio Rank of BITU is 5151
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9191
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8888
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9393
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9393
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. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Ultra Bitcoin ETF (BITU) and Bitcoin (BTC-USD). 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 Sharpe ratio for BITU, currently valued at 1.38, compared to the broader market-1.000.001.002.003.004.00
BITU: 1.38
BTC-USD: 1.88
The chart of Sortino ratio for BITU, currently valued at 2.18, compared to the broader market-2.000.002.004.006.008.00
BITU: 2.18
BTC-USD: 2.51
The chart of Omega ratio for BITU, currently valued at 1.25, compared to the broader market0.501.001.502.002.50
BITU: 1.25
BTC-USD: 1.26
The chart of Calmar ratio for BITU, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.00
BITU: 1.43
BTC-USD: 1.66
The chart of Martin ratio for BITU, currently valued at 5.80, compared to the broader market0.0020.0040.0060.00
BITU: 5.80
BTC-USD: 8.47

The current BITU Sharpe Ratio is 0.28, which is lower than the BTC-USD Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of BITU and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
1.38
1.88
BITU
BTC-USD

Drawdowns

BITU vs. BTC-USD - Drawdown Comparison

The maximum BITU drawdown since its inception was -55.28%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BITU and BTC-USD. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-34.73%
-11.97%
BITU
BTC-USD

Volatility

BITU vs. BTC-USD - Volatility Comparison

Proshares Ultra Bitcoin ETF (BITU) has a higher volatility of 33.06% compared to Bitcoin (BTC-USD) at 16.27%. This indicates that BITU's price experiences larger fluctuations and is considered to be riskier than BTC-USD 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
33.06%
16.27%
BITU
BTC-USD