BITU vs. NVDA
BITU (Proshares Ultra Bitcoin ETF) is Cryptocurrency fund tracking the Bloomberg Bitcoin Index - Benchmark TR Gross, while NVDA (NVIDIA Corporation) is a stock. Over the past year, BITU returned -71.62% vs 49.84% for NVDA. At a 0.31 correlation, their price movements are largely independent.
Performance
BITU vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, BITU achieves a -51.92% return, which is significantly lower than NVDA's 14.05% return.
BITU
- 1D
- 9.21%
- 1M
- -31.11%
- YTD
- -51.92%
- 6M
- -50.40%
- 1Y
- -71.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDA
- 1D
- 3.54%
- 1M
- -5.60%
- YTD
- 14.05%
- 6M
- 20.66%
- 1Y
- 49.84%
- 3Y*
- 70.84%
- 5Y*
- 64.29%
- 10Y*
- 68.59%
BITU vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BITU Proshares Ultra Bitcoin ETF | -51.92% | -37.07% | 41.85% |
NVDA NVIDIA Corporation | 14.05% | 38.92% | 48.65% |
Correlation
The correlation between BITU and NVDA is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024 | 0.31 |
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Return for Risk
BITU vs. NVDA — Risk / Return Rank
BITU
NVDA
BITU vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Ultra Bitcoin ETF (BITU) and NVIDIA Corporation (NVDA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BITU | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.24 | ||
| Sortino ratioReturn per unit of downside risk | -3.33 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.24 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 2.48 | -3.35 |
| Martin ratioReturn relative to average drawdown | -1.38 | 5.89 | -7.27 |
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Drawdowns
BITU vs. NVDA - Drawdown Comparison
The maximum BITU drawdown since its inception was -82.21%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for BITU and NVDA.
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Drawdown Indicators
| BITU | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.21% | -89.72% | +7.51% |
Max Drawdown (1Y)Largest decline over 1 year | -82.21% | -20.21% | -62.00% |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -78.50% | -9.77% | -68.73% |
Average DrawdownAverage peak-to-trough decline | -35.10% | -36.17% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.85% | 8.48% | +43.37% |
Volatility
BITU vs. NVDA - Volatility Comparison
Proshares Ultra Bitcoin ETF (BITU) has a higher volatility of 25.78% compared to NVIDIA Corporation (NVDA) at 12.97%. This indicates that BITU's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BITU | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.78% | 12.97% | +12.81% |
Volatility (6M)Calculated over the trailing 6-month period | 70.18% | 26.83% | +43.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.32% | 35.13% | +53.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.56% | 51.80% | +45.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.56% | 49.87% | +47.69% |
Dividends
BITU vs. NVDA - Dividend Comparison
BITU's dividend yield for the trailing twelve months is around 81.62%, more than NVDA's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITU Proshares Ultra Bitcoin ETF | 81.62% | 50.23% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.13% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Frequently Asked Questions
BITU and NVDA have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITU has higher volatility (25.78%) compared to NVDA (12.97%). In terms of maximum drawdown, BITU dropped -82.21% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.43 vs -0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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