EART vs. BITI

Last updated Jul 14, 2026

EART (Global X Rare Earth & Critical Materials ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - EART is a Rare Earth & Strategic Metals fund tracking the Solactive Rare Earth & Critical Materials Index, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. Both are passively managed. Over the past 3 years, EART returned 12.61%/yr vs -30.65%/yr for BITI. At a correlation of -0.29, they often move in opposite directions. EART charges 0.59%/yr vs 1.03%/yr for BITI.

Performance

EART vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Rare Earth & Critical Materials ETF (EART) and ProShares Short Bitcoin ETF (BITI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EART achieves a -4.14% return, which is significantly lower than BITI's 28.75% return.

EART

• 1D: -3.41%
• 1M: -14.92%
• 6M: -16.35%
• YTD: -4.14%
• 1Y: 51.30%
• 3Y*: 12.61%
• 5Y*: —
• 10Y*: —

BITI

• 1D: 2.65%
• 1M: 1.46%
• 6M: 34.68%
• YTD: 28.75%
• 1Y: 68.34%
• 3Y*: -30.65%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EART vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EART Global X Rare Earth & Critical Materials ETF	-4.14%	98.48%	-7.19%	-19.75%	-6.91%
BITI ProShares Short Bitcoin ETF	28.75%	-1.76%	-62.60%	-66.17%	3.39%

Correlation

The correlation between EART and BITI is -0.33, 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	-0.33
Correlation (3Y) Calculated over the trailing 3-year period	-0.25
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022	-0.29

Return for Risk

EART vs. BITI — Risk / Return Rank

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

EART

EART Risk / Return Rank: 43
EART Sharpe Ratio Rank: 46
EART Sortino Ratio Rank: 42
EART Omega Ratio Rank: 43
EART Calmar Ratio Rank: 47
EART Martin Ratio Rank: 40

BITI

BITI Risk / Return Rank: 57
BITI Sharpe Ratio Rank: 58
BITI Sortino Ratio Rank: 55
BITI Omega Ratio Rank: 50
BITI Calmar Ratio Rank: 68
BITI Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EART vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Rare Earth & Critical Materials ETF (EART) 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.

	EART	BITI	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.56	-0.26
Sortino ratio: Return per unit of downside risk	1.74	2.13	-0.39
Omega ratio: Gain probability vs. loss probability	1.23	1.26	-0.03
Calmar ratio: Return relative to maximum drawdown	1.88	2.72	-0.84
Martin ratio: Return relative to average drawdown	4.97	6.78	-1.81

EART vs. BITI - Sharpe Ratio Comparison

The current EART Sharpe Ratio is 1.30, which is comparable to the BITI Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of EART and BITI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EART vs. BITI - Drawdown Comparison

The maximum EART drawdown since its inception was -53.68%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for EART and BITI.

Drawdown Indicators

	EART	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-53.68%	-92.16%	+38.48%
Max Drawdown (1Y) Largest decline over 1 year	-27.39%	-25.28%	-2.11%
Max Drawdown (3Y) Largest decline over 3 years	-35.90%	-84.63%	+48.73%
Current Drawdown Current decline from peak	-27.39%	-85.94%	+58.55%
Average Drawdown Average peak-to-trough decline	-28.91%	-68.34%	+39.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.35%	10.11%	+0.24%

Volatility

EART vs. BITI - Volatility Comparison

Global X Rare Earth & Critical Materials ETF (EART) has a higher volatility of 11.97% compared to ProShares Short Bitcoin ETF (BITI) at 11.38%. This indicates that EART's price experiences larger fluctuations and is considered to be riskier than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EART	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.97%	11.38%	+0.59%
Volatility (6M) Calculated over the trailing 6-month period	33.11%	34.25%	-1.14%
Volatility (1Y) Calculated over the trailing 1-year period	39.74%	44.14%	-4.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.24%	52.28%	-18.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.24%	52.28%	-18.04%

EART vs. BITI - Expense Ratio Comparison

EART has a 0.59% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

EART vs. BITI - Dividend Comparison

EART's dividend yield for the trailing twelve months is around 0.70%, less than BITI's 15.10% yield.

Position	TTM	2025	2024	2023	2022
BITI ProShares Short Bitcoin ETF	15.10%	1.60%	3.91%	3.33%	0.06%
EART Global X Rare Earth & Critical Materials ETF	0.70%	0.65%	1.06%	1.83%	2.04%

Frequently Asked Questions

Can I hold both EART and BITI in my portfolio?

EART and BITI have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EART or BITI?

EART has higher volatility (11.97%) compared to BITI (11.38%). In terms of maximum drawdown, EART dropped -53.68% vs BITI's -92.16%.

Which ETF is better, EART or BITI?

On 3-year performance, EART leads with 12.61% vs -30.65% for BITI. On fees, EART is cheaper at 0.59% per year. On volatility, BITI has been the lower-risk option at 11.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EART or BITI?

Over the 3-year period, EART has performed better with a 12.61% return vs -30.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EART or BITI?

EART is cheaper with a 0.59% expense ratio, compared with 1.03% for BITI.

Which ETF pays a higher dividend yield, EART or BITI?

BITI has the higher dividend yield at 15.10%, compared with 0.70% for EART.

What is the main difference between EART and BITI?

EART is categorized as Rare Earth & Strategic Metals, while BITI is Cryptocurrency. EART tracks Solactive Rare Earth & Critical Materials Index, while BITI tracks Bloomberg Bitcoin Index. They also come from different issuers: Global X and ProShares. Their fees differ too: 0.59% for EART and 1.03% for BITI.

Which has better risk-adjusted returns?

BITI currently has the higher Sharpe Ratio (1.56 vs 1.30), 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.