BITW vs. BITO

In the year-to-date period, BITW achieves a -0.49% return, which is significantly lower than BITO's 8.97% return.

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

This table presents a comparison of risk-adjusted performance metrics for Bitwise 10 Crypto Index Fund (BITW) 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 BITW Sharpe Ratio is 1.14, which is higher than the BITO Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of BITW 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.

BITW has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 65.31%.

The maximum BITW drawdown since its inception was -96.46%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for BITW and BITO.

Bitwise 10 Crypto Index Fund (BITW) has a higher volatility of 11.56% compared to ProShares Bitcoin Strategy ETF (BITO) at 9.29%. This indicates that BITW'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.