DFAI vs. BITI
DFAI (Dimensional International Core Equity Market ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - DFAI is a Foreign Large Cap Equities fund actively managed by Dimensional, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. DFAI is actively managed, while BITI is passively managed. Over the past 3 years, DFAI returned 16.93%/yr vs -30.65%/yr for BITI. At a correlation of -0.33, they often move in opposite directions. DFAI charges 0.18%/yr vs 1.03%/yr for BITI.
Performance
DFAI vs. BITI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DFAI achieves a 9.73% return, which is significantly lower than BITI's 28.75% return.
DFAI
- 1D
- -0.82%
- 1M
- -0.29%
- 6M
- 5.95%
- YTD
- 9.73%
- 1Y
- 22.50%
- 3Y*
- 16.93%
- 5Y*
- 9.85%
- 10Y*
- —
BITI
- 1D
- 2.65%
- 1M
- 1.46%
- 6M
- 34.68%
- YTD
- 28.75%
- 1Y
- 68.34%
- 3Y*
- -30.65%
- 5Y*
- —
- 10Y*
- —
DFAI vs. BITI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DFAI Dimensional International Core Equity Market ETF | 9.73% | 34.04% | 4.68% | 17.60% | 6.23% |
BITI ProShares Short Bitcoin ETF | 28.75% | -1.76% | -62.60% | -66.17% | 3.39% |
Correlation
The correlation between DFAI and BITI is -0.41, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022 | -0.33 |
The correlation between DFAI and BITI shifts across timeframes, from -0.41 (1 year) to -0.30 (3 years), 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
DFAI vs. BITI — Risk / Return Rank
DFAI
BITI
DFAI vs. BITI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional International Core Equity Market ETF (DFAI) and ProShares Short Bitcoin ETF (BITI). 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.
| DFAI | BITI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.26 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 2.72 | -0.65 |
| Martin ratioReturn relative to average drawdown | 8.01 | 6.78 | +1.23 |
Loading charts...
Drawdowns
DFAI vs. BITI - Drawdown Comparison
The maximum DFAI drawdown since its inception was -27.44%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for DFAI and BITI.
Loading charts...
Drawdown Indicators
| DFAI | BITI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.44% | -92.16% | +64.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.95% | -25.28% | +14.33% |
Max Drawdown (3Y)Largest decline over 3 years | -13.25% | -84.63% | +71.38% |
Max Drawdown (5Y)Largest decline over 5 years | -27.44% | — | — |
Current DrawdownCurrent decline from peak | -1.72% | -85.94% | +84.22% |
Average DrawdownAverage peak-to-trough decline | -5.05% | -68.34% | +63.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 10.11% | -7.29% |
Volatility
DFAI vs. BITI - Volatility Comparison
The current volatility for Dimensional International Core Equity Market ETF (DFAI) is 4.26%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 11.38%. This indicates that DFAI experiences smaller price fluctuations and is considered to be less risky than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DFAI | BITI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 11.38% | -7.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 34.25% | -21.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.61% | 44.14% | -29.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.99% | 52.28% | -36.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.70% | 52.28% | -36.58% |
DFAI vs. BITI - Expense Ratio Comparison
DFAI has a 0.18% expense ratio, which is lower than BITI's 1.03% expense ratio.
Dividends
DFAI vs. BITI - Dividend Comparison
DFAI's dividend yield for the trailing twelve months is around 2.35%, less than BITI's 15.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BITI ProShares Short Bitcoin ETF | 15.10% | 1.60% | 3.91% | 3.33% | 0.06% | 0.00% | 0.00% |
DFAI Dimensional International Core Equity Market ETF | 2.35% | 2.45% | 2.72% | 2.64% | 2.72% | 2.06% | 0.09% |
Frequently Asked Questions
DFAI and BITI have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITI has higher volatility (11.38%) compared to DFAI (4.26%). In terms of maximum drawdown, DFAI dropped -27.44% vs BITI's -92.16%.
On 3-year performance, DFAI leads with 16.93% vs -30.65% for BITI. On fees, DFAI is cheaper at 0.18% per year. On volatility, DFAI has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DFAI has performed better with a 16.93% return vs -30.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DFAI is cheaper with a 0.18% expense ratio, compared with 1.03% for BITI.
BITI has the higher dividend yield at 15.10%, compared with 2.35% for DFAI.
DFAI is categorized as Foreign Large Cap Equities, while BITI is Cryptocurrency. They also come from different issuers: Dimensional and ProShares. Their fees differ too: 0.18% for DFAI and 1.03% for BITI.
BITI currently has the higher Sharpe Ratio (1.56 vs 1.55), 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 DFAI and BITI
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