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BTBT vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BTBT and BITO is 0.66, 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.


-0.50.00.51.00.7

Performance

BTBT vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bit Digital, Inc. (BTBT) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%AugustSeptemberOctoberNovemberDecember2025
-8.40%
56.92%
BTBT
BITO

Key characteristics

Sharpe Ratio

BTBT:

0.43

BITO:

2.49

Sortino Ratio

BTBT:

1.56

BITO:

2.97

Omega Ratio

BTBT:

1.16

BITO:

1.35

Calmar Ratio

BTBT:

0.52

BITO:

3.02

Martin Ratio

BTBT:

1.95

BITO:

10.62

Ulcer Index

BTBT:

25.25%

BITO:

13.42%

Daily Std Dev

BTBT:

113.46%

BITO:

57.35%

Max Drawdown

BTBT:

-98.16%

BITO:

-77.86%

Current Drawdown

BTBT:

-87.36%

BITO:

-1.43%

Returns By Period

In the year-to-date period, BTBT achieves a 26.28% return, which is significantly higher than BITO's 13.30% return.


BTBT

YTD

26.28%

1M

10.45%

6M

-8.42%

1Y

41.76%

5Y*

N/A

10Y*

N/A

BITO

YTD

13.30%

1M

9.33%

6M

56.93%

1Y

146.60%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

BTBT vs. BITO — Risk-Adjusted Performance Rank

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

BTBT
The Risk-Adjusted Performance Rank of BTBT is 6666
Overall Rank
The Sharpe Ratio Rank of BTBT is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of BTBT is 7272
Sortino Ratio Rank
The Omega Ratio Rank of BTBT is 6565
Omega Ratio Rank
The Calmar Ratio Rank of BTBT is 6868
Calmar Ratio Rank
The Martin Ratio Rank of BTBT is 6666
Martin Ratio Rank

BITO
The Risk-Adjusted Performance Rank of BITO is 8080
Overall Rank
The Sharpe Ratio Rank of BITO is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of BITO is 8282
Sortino Ratio Rank
The Omega Ratio Rank of BITO is 7474
Omega Ratio Rank
The Calmar Ratio Rank of BITO is 7878
Calmar Ratio Rank
The Martin Ratio Rank of BITO is 7575
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.

BTBT vs. BITO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bit Digital, Inc. (BTBT) 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.


Sharpe ratio
The chart of Sharpe ratio for BTBT, currently valued at 0.43, compared to the broader market-2.000.002.004.000.432.49
The chart of Sortino ratio for BTBT, currently valued at 1.56, compared to the broader market-4.00-2.000.002.004.006.001.562.97
The chart of Omega ratio for BTBT, currently valued at 1.16, compared to the broader market0.501.001.502.001.161.35
The chart of Calmar ratio for BTBT, currently valued at 0.56, compared to the broader market0.002.004.006.000.563.02
The chart of Martin ratio for BTBT, currently valued at 1.95, compared to the broader market0.0010.0020.0030.001.9510.62
BTBT
BITO

The current BTBT Sharpe Ratio is 0.43, which is lower than the BITO Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of BTBT 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50AugustSeptemberOctoberNovemberDecember2025
0.43
2.49
BTBT
BITO

Dividends

BTBT vs. BITO - Dividend Comparison

BTBT has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 54.36%.


TTM20242023
BTBT
Bit Digital, Inc.
0.00%0.00%0.00%
BITO
ProShares Bitcoin Strategy ETF
54.36%61.59%15.14%

Drawdowns

BTBT vs. BITO - Drawdown Comparison

The maximum BTBT drawdown since its inception was -98.16%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for BTBT and BITO. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-74.04%
-1.43%
BTBT
BITO

Volatility

BTBT vs. BITO - Volatility Comparison

Bit Digital, Inc. (BTBT) has a higher volatility of 31.24% compared to ProShares Bitcoin Strategy ETF (BITO) at 16.16%. This indicates that BTBT'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.


10.00%20.00%30.00%40.00%50.00%AugustSeptemberOctoberNovemberDecember2025
31.24%
16.16%
BTBT
BITO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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