EDGI vs. SBIT

Last updated Aug 2, 2026

EDGI (3EDGE Dynamic International Equity ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - EDGI is a Foreign Large Cap Equities fund actively managed by 3EDGE Asset Management, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). EDGI is actively managed, while SBIT is passively managed. Over the past year, EDGI returned 21.97% vs 98.77% for SBIT. Their -0.38 correlation means they have often moved in opposite directions in the past. EDGI charges 0.97%/yr vs 0.95%/yr for SBIT.

Performance

EDGI vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3EDGE Dynamic International Equity ETF (EDGI) and Proshares Ultrashort Bitcoin ETF (SBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDGI achieves a 8.73% return, which is significantly lower than SBIT's 39.44% return.

EDGI

• 1D: -0.42%
• 1M: -0.74%
• 6M: 3.97%
• YTD: 8.73%
• 1Y: 21.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.50%

SBIT

• 1D: 5.60%
• 1M: -6.04%
• 6M: 32.41%
• YTD: 39.44%
• 1Y: 98.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -42.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EDGI 3EDGE Dynamic International Equity ETF	$587.19K	$2.09M	$1.44M
SBIT Proshares Ultrashort Bitcoin ETF	$29.57M	$32.71M	$46.48M

EDGI vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EDGI 3EDGE Dynamic International Equity ETF	8.73%	26.77%	-7.13%
SBIT Proshares Ultrashort Bitcoin ETF	39.44%	-25.11%	-66.53%

Correlation

The correlation between EDGI and SBIT is -0.47, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.47
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024	-0.38

Return for Risk

EDGI vs. SBIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EDGI

EDGI Risk / Return Rank: 51
EDGI Sharpe Ratio Rank: 53
EDGI Sortino Ratio Rank: 52
EDGI Omega Ratio Rank: 54
EDGI Calmar Ratio Rank: 47
EDGI Martin Ratio Rank: 49

SBIT

SBIT Risk / Return Rank: 55
SBIT Sharpe Ratio Rank: 52
SBIT Sortino Ratio Rank: 56
SBIT Omega Ratio Rank: 52
SBIT Calmar Ratio Rank: 68
SBIT Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EDGI vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3EDGE Dynamic International Equity ETF (EDGI) and Proshares Ultrashort Bitcoin ETF (SBIT). 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.

	EDGI	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.27	+0.03
Sortino ratio: Return per unit of downside risk	1.86	1.95	-0.09
Omega ratio: Gain probability vs. loss probability	1.24	1.23	+0.01
Calmar ratio: Return relative to maximum drawdown	1.70	2.35	-0.65
Martin ratio: Return relative to average drawdown	5.82	5.19	+0.64

EDGI vs. SBIT - Sharpe Ratio Comparison

The current EDGI Sharpe Ratio is 1.31, which is comparable to the SBIT Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of EDGI and SBIT, 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

EDGI vs. SBIT - Drawdown Comparison

The maximum EDGI drawdown since its inception was -14.52%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for EDGI and SBIT.

Drawdown Indicators

	EDGI	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-14.52%	-91.35%	+76.83%
Max Drawdown (1Y) Largest decline over 1 year	-12.84%	-47.94%	+35.10%
Current Drawdown Current decline from peak	-2.69%	-77.87%	+75.18%
Average Drawdown Average peak-to-trough decline	-2.88%	-69.07%	+66.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.74%	21.67%	-17.93%

Volatility

EDGI vs. SBIT - Volatility Comparison

The current volatility for 3EDGE Dynamic International Equity ETF (EDGI) is 5.89%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 18.09%. This indicates that EDGI experiences smaller price fluctuations and is considered to be less risky than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDGI	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	18.09%	-12.20%
Volatility (6M) Calculated over the trailing 6-month period	14.90%	67.10%	-52.20%
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	88.65%	-71.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.60%	96.10%	-79.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.60%	96.10%	-79.50%

EDGI vs. SBIT - Expense Ratio Comparison

EDGI has a 0.97% expense ratio, which is higher than SBIT's 0.95% expense ratio.

Dividends

EDGI vs. SBIT - Dividend Comparison

EDGI's dividend yield for the trailing twelve months is around 1.39%, less than SBIT's 4.10% yield.

Position	TTM	2025	2024
EDGI 3EDGE Dynamic International Equity ETF	1.39%	1.97%	0.61%
SBIT Proshares Ultrashort Bitcoin ETF	4.03%	0.52%	1.00%

Frequently Asked Questions

Can I hold both EDGI and SBIT in my portfolio?

EDGI and SBIT have a correlation of -0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDGI or SBIT?

SBIT has higher volatility (18.09%) compared to EDGI (5.89%). In terms of maximum drawdown, EDGI dropped -14.52% vs SBIT's -91.35%.

Which ETF is better, EDGI or SBIT?

On 1-year performance, SBIT leads with 98.77% vs 21.97% for EDGI. On fees, SBIT is cheaper at 0.95% per year. On volatility, EDGI has been the lower-risk option at 5.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDGI or SBIT?

Over the 1-year period, SBIT has performed better with a 98.77% return vs 21.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDGI or SBIT?

SBIT is cheaper with a 0.95% expense ratio, compared with 0.97% for EDGI.

Which ETF pays a higher dividend yield, EDGI or SBIT?

SBIT has the higher dividend yield at 4.03%, compared with 1.39% for EDGI.

What is the main difference between EDGI and SBIT?

EDGI is categorized as Foreign Large Cap Equities, while SBIT is Cryptocurrency. They also come from different issuers: 3EDGE Asset Management and ProShares. Their fees differ too: 0.97% for EDGI and 0.95% for SBIT.

Which has better risk-adjusted returns?

EDGI currently has the higher Sharpe Ratio (1.30 vs 1.27), 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.