CRPT vs. BITU
CRPT (First Trust SkyBridge Crypto Industry & Digital Economy ETF) and BITU (Proshares Ultra Bitcoin ETF) are both exchange-traded funds - CRPT is a Technology Equities fund actively managed by First Trust, while BITU is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index - Benchmark TR Gross. CRPT is actively managed, while BITU is passively managed. Over the past year, CRPT returned -47.83% vs -78.13% for BITU. Their 0.80 correlation means they have sometimes moved together and sometimes differently. CRPT charges 0.85%/yr vs 0.95%/yr for BITU.
Performance
CRPT vs. BITU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRPT achieves a -25.52% return, which is significantly higher than BITU's -58.54% return.
CRPT
- 1D
- -3.54%
- 1M
- -8.13%
- 6M
- -26.74%
- YTD
- -25.52%
- 1Y
- -47.83%
- 3Y*
- 15.05%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -9.95%
BITU
- 1D
- -5.81%
- 1M
- 2.83%
- 6M
- -53.44%
- YTD
- -58.54%
- 1Y
- -78.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -34.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $38.79M | $39.32M | $47.38M | |
| $1.58M | $1.12M | $1.35M |
CRPT vs. BITU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF | -25.52% | -9.54% | 25.28% |
BITU Proshares Ultra Bitcoin ETF | -58.54% | -37.07% | 41.85% |
Correlation
The correlation between CRPT and BITU is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024 | 0.80 |
The correlation between CRPT and BITU has been stable across timeframes, ranging from 0.80 to 0.87 - a consistent structural relationship.
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
CRPT vs. BITU — Risk / Return Rank
CRPT
BITU
CRPT vs. BITU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) 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.
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.
| CRPT | BITU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.80 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.96 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.44 | -1.34 | -0.10 |
Loading charts...
Drawdowns
CRPT vs. BITU - Drawdown Comparison
The maximum CRPT drawdown since its inception was -88.34%, which is greater than BITU's maximum drawdown of -83.45%. Use the drawdown chart below to compare losses from any high point for CRPT and BITU.
Loading charts...
Drawdown Indicators
| CRPT | BITU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.34% | -83.45% | -4.89% |
Max Drawdown (1Y)Largest decline over 1 year | -55.40% | -83.45% | +28.05% |
Max Drawdown (3Y)Largest decline over 3 years | -56.62% | — | — |
Current DrawdownCurrent decline from peak | -56.77% | -81.46% | +24.69% |
Average DrawdownAverage peak-to-trough decline | -52.60% | -37.61% | -14.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.32% | 59.30% | -22.98% |
Volatility
CRPT vs. BITU - Volatility Comparison
The current volatility for First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) is 16.68%, while Proshares Ultra Bitcoin ETF (BITU) has a volatility of 17.90%. This indicates that CRPT experiences smaller price fluctuations and is considered to be less risky than BITU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CRPT | BITU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.68% | 17.90% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 47.05% | 67.92% | -20.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.08% | 88.38% | -28.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.41% | 96.07% | -23.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.41% | 96.07% | -23.66% |
CRPT vs. BITU - Expense Ratio Comparison
CRPT has a 0.85% expense ratio, which is lower than BITU's 0.95% expense ratio.
Dividends
CRPT vs. BITU - Dividend Comparison
CRPT's dividend yield for the trailing twelve months is around 1.01%, less than BITU's 93.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BITU Proshares Ultra Bitcoin ETF | 82.40% | 50.23% | 0.12% | 0.00% | 0.00% | 0.00% |
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF | 1.01% | 0.75% | 1.84% | 0.00% | 0.03% | 1.16% |
Frequently Asked Questions
CRPT and BITU have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITU has higher volatility (17.90%) compared to CRPT (16.68%). In terms of maximum drawdown, CRPT dropped -88.34% vs BITU's -83.45%.
On 1-year performance, CRPT leads with -47.83% vs -78.13% for BITU. On fees, CRPT is cheaper at 0.85% per year. On volatility, CRPT has been the lower-risk option at 16.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CRPT has performed better with a -47.83% return vs -78.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CRPT is cheaper with a 0.85% expense ratio, compared with 0.95% for BITU.
BITU has the higher dividend yield at 82.40%, compared with 1.01% for CRPT.
CRPT is categorized as Technology Equities, while BITU is Cryptocurrency. They also come from different issuers: First Trust and ProShares. Their fees differ too: 0.85% for CRPT and 0.95% for BITU.
CRPT currently has the higher Sharpe Ratio (-0.87 vs -0.90), 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 CRPT and BITU
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