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

Correlation

The correlation between BITX and BITU is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

BITX vs. BITU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares 2x Bitcoin Strategy ETF (BITX) and Proshares Ultra Bitcoin ETF (BITU). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
18.56%
25.51%
BITX
BITU

Key characteristics

Sharpe Ratio

BITX:

0.19

BITU:

0.25

Sortino Ratio

BITX:

1.09

BITU:

1.16

Omega Ratio

BITX:

1.13

BITU:

1.13

Calmar Ratio

BITX:

0.34

BITU:

0.49

Martin Ratio

BITX:

0.69

BITU:

0.94

Ulcer Index

BITX:

30.12%

BITU:

29.08%

Daily Std Dev

BITX:

109.87%

BITU:

108.71%

Max Drawdown

BITX:

-61.28%

BITU:

-55.28%

Current Drawdown

BITX:

-33.67%

BITU:

-32.21%

Returns By Period

In the year-to-date period, BITX achieves a -9.57% return, which is significantly lower than BITU's -8.98% return.


BITX

YTD

-9.57%

1M

26.00%

6M

57.75%

1Y

32.43%

5Y*

N/A

10Y*

N/A

BITU

YTD

-8.98%

1M

25.34%

6M

60.72%

1Y

39.24%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


BITX vs. BITU - Expense Ratio Comparison

BITX has a 1.85% expense ratio, which is higher than BITU's 0.95% expense ratio.


Expense ratio chart for BITX: current value is 1.85%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BITX: 1.85%
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%

Risk-Adjusted Performance

BITX vs. BITU — Risk-Adjusted Performance Rank

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

BITX
The Risk-Adjusted Performance Rank of BITX is 5151
Overall Rank
The Sharpe Ratio Rank of BITX is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of BITX is 7171
Sortino Ratio Rank
The Omega Ratio Rank of BITX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of BITX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of BITX is 3737
Martin Ratio Rank

BITU
The Risk-Adjusted Performance Rank of BITU is 5757
Overall Rank
The Sharpe Ratio Rank of BITU is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of BITU is 7373
Sortino Ratio Rank
The Omega Ratio Rank of BITU is 6666
Omega Ratio Rank
The Calmar Ratio Rank of BITU is 6363
Calmar Ratio Rank
The Martin Ratio Rank of BITU is 4242
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.

BITX vs. BITU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x Bitcoin Strategy ETF (BITX) and Proshares Ultra Bitcoin ETF (BITU). 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 BITX, currently valued at 0.19, compared to the broader market-1.000.001.002.003.004.00
BITX: 0.19
BITU: 0.25
The chart of Sortino ratio for BITX, currently valued at 1.09, compared to the broader market-2.000.002.004.006.008.00
BITX: 1.09
BITU: 1.16
The chart of Omega ratio for BITX, currently valued at 1.13, compared to the broader market0.501.001.502.002.50
BITX: 1.13
BITU: 1.13
The chart of Calmar ratio for BITX, currently valued at 0.36, compared to the broader market0.002.004.006.008.0010.0012.00
BITX: 0.36
BITU: 0.49
The chart of Martin ratio for BITX, currently valued at 0.69, compared to the broader market0.0020.0040.0060.00
BITX: 0.69
BITU: 0.94

The current BITX Sharpe Ratio is 0.19, which is comparable to the BITU Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of BITX and BITU, 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 Ratio-0.20-0.100.000.100.200.30Apr 06Tue 08Thu 10Sat 12Mon 14Wed 16Fri 18Apr 20Tue 22Thu 24
0.19
0.25
BITX
BITU

Dividends

BITX vs. BITU - Dividend Comparison

BITX's dividend yield for the trailing twelve months is around 13.51%, more than BITU's 4.80% yield.


Drawdowns

BITX vs. BITU - Drawdown Comparison

The maximum BITX drawdown since its inception was -61.28%, which is greater than BITU's maximum drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for BITX and BITU. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-33.67%
-32.21%
BITX
BITU

Volatility

BITX vs. BITU - Volatility Comparison

Volatility Shares 2x Bitcoin Strategy ETF (BITX) and Proshares Ultra Bitcoin ETF (BITU) have volatilities of 33.30% and 33.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
33.30%
33.13%
BITX
BITU