BTCS vs. BITO
BTCS (BTCS Inc.) is a stock, while BITO (ProShares Bitcoin Strategy ETF) is Cryptocurrency fund actively managed by ProShares. Over the past 3 years, BTCS returned -4.70%/yr vs 18.00%/yr for BITO. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
BTCS vs. BITO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTCS achieves a -59.47% return, which is significantly lower than BITO's -29.93% return.
BTCS
- 1D
- -3.60%
- 1M
- -35.15%
- YTD
- -59.47%
- 6M
- -64.69%
- 1Y
- -48.96%
- 3Y*
- -4.70%
- 5Y*
- -29.59%
- 10Y*
- -40.52%
BITO
- 1D
- -3.31%
- 1M
- -18.05%
- YTD
- -29.93%
- 6M
- -30.03%
- 1Y
- -42.09%
- 3Y*
- 18.00%
- 5Y*
- —
- 10Y*
- —
BTCS vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BTCS BTCS Inc. | -59.47% | 8.08% | 51.53% | 158.73% | -79.65% | -52.99% |
BITO ProShares Bitcoin Strategy ETF | -29.93% | -11.19% | 104.45% | 137.33% | -63.91% | -29.31% |
Correlation
The correlation between BTCS and BITO is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2021 | 0.51 |
The correlation between BTCS and BITO shifts across timeframes, from 0.51 (all time) to 0.62 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BTCS vs. BITO — Risk / Return Rank
BTCS
BITO
BTCS vs. BITO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BTCS Inc. (BTCS) 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.
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.
| BTCS | BITO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.85 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | -0.80 | +0.21 |
| Martin ratioReturn relative to average drawdown | -0.87 | -1.35 | +0.48 |
Loading charts...
Drawdowns
BTCS vs. BITO - Drawdown Comparison
The maximum BTCS drawdown since its inception was -100.00%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for BTCS and BITO.
Loading charts...
Drawdown Indicators
| BTCS | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -77.86% | -22.14% |
Max Drawdown (1Y)Largest decline over 1 year | -83.53% | -53.10% | -30.43% |
Max Drawdown (3Y)Largest decline over 3 years | -83.53% | -53.10% | -30.43% |
Max Drawdown (5Y)Largest decline over 5 years | -92.94% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.75% | — | — |
Current DrawdownCurrent decline from peak | -100.00% | -51.67% | -48.33% |
Average DrawdownAverage peak-to-trough decline | -97.68% | -36.86% | -60.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.26% | 31.28% | +24.98% |
Volatility
BTCS vs. BITO - Volatility Comparison
BTCS Inc. (BTCS) has a higher volatility of 20.13% compared to ProShares Bitcoin Strategy ETF (BITO) at 12.79%. This indicates that BTCS'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.
Loading charts...
Volatility by Period
| BTCS | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.13% | 12.79% | +7.34% |
Volatility (6M)Calculated over the trailing 6-month period | 59.16% | 34.39% | +24.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 147.90% | 44.08% | +103.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 128.44% | 55.02% | +73.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 193.35% | 55.02% | +138.33% |
Dividends
BTCS vs. BITO - Dividend Comparison
BTCS's dividend yield for the trailing twelve months is around 4.67%, less than BITO's 71.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BITO ProShares Bitcoin Strategy ETF | 71.07% | 78.29% | 61.59% | 15.14% | 0.00% |
BTCS BTCS Inc. | 4.67% | 1.89% | 0.00% | 0.00% | 7.94% |
Frequently Asked Questions
BTCS and BITO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTCS has higher volatility (20.13%) compared to BITO (12.79%). In terms of maximum drawdown, BTCS dropped -100.00% vs BITO's -77.86%.
BTCS currently has the higher Sharpe Ratio (-0.33 vs -0.96), 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.
Find the right allocation for BTCS and BITO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer