BITU vs. MSTR
Compare and contrast key facts about Proshares Ultra Bitcoin ETF (BITU) and MicroStrategy Incorporated (MSTR).
BITU is a passively managed fund by ProShares that tracks the performance of the Bloomberg Bitcoin Index - Benchmark TR Gross. It was launched on Apr 1, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITU or MSTR.
Correlation
The correlation between BITU and MSTR is 0.73, 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.
Performance
BITU vs. MSTR - Performance Comparison
Key characteristics
BITU:
111.39%
MSTR:
108.47%
BITU:
-55.23%
MSTR:
-99.86%
BITU:
0.00%
MSTR:
-18.45%
Returns By Period
BITU
N/A
31.15%
112.40%
N/A
N/A
N/A
MSTR
511.79%
13.44%
162.97%
575.68%
92.96%
37.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BITU vs. MSTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Ultra Bitcoin ETF (BITU) and MicroStrategy Incorporated (MSTR). 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.
Not enough dataDividends
BITU vs. MSTR - Dividend Comparison
BITU's dividend yield for the trailing twelve months is around 0.08%, while MSTR has not paid dividends to shareholders.
| TTM | |
|---|---|
BITU Proshares Ultra Bitcoin ETF | 0.08% |
MSTR MicroStrategy Incorporated | 0.00% |
Drawdowns
BITU vs. MSTR - Drawdown Comparison
The maximum BITU drawdown since its inception was -55.23%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for BITU and MSTR. For additional features, visit the drawdowns tool.
Volatility
BITU vs. MSTR - Volatility Comparison
The current volatility for Proshares Ultra Bitcoin ETF (BITU) is 28.19%, while MicroStrategy Incorporated (MSTR) has a volatility of 37.11%. This indicates that BITU experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.