EET vs. BITU
EET (ProShares Ultra MSCI Emerging Markets) and BITU (Proshares Ultra Bitcoin ETF) are both exchange-traded funds - EET is a Leveraged Equities fund tracking the MSCI Emerging Markets Index (200%), while BITU is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index - Benchmark TR Gross. Both are passively managed. Over the past year, EET returned 64.20% vs -77.50% for BITU. Their 0.38 correlation means their historical movements had little consistent relationship. Both charge a 0.95% expense ratio.
Performance
EET vs. BITU - Performance Comparison
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Returns By Period
In the year-to-date period, EET achieves a 27.71% return, which is significantly higher than BITU's -57.36% return.
EET
- 1D
- 0.67%
- 1M
- -4.70%
- 6M
- 9.73%
- YTD
- 27.71%
- 1Y
- 64.20%
- 3Y*
- 28.06%
- 5Y*
- 2.81%
- 10Y*
- 7.22%
- ALL TIME*
- 4.11%
BITU
- 1D
- 2.86%
- 1M
- 5.78%
- 6M
- -44.05%
- YTD
- -57.36%
- 1Y
- -77.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -33.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $37.97M | $38.90M | $46.19M | |
| $506.00K | $1.40M | $1.55M |
EET vs. BITU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EET ProShares Ultra MSCI Emerging Markets | 27.71% | 63.14% | 0.89% |
BITU Proshares Ultra Bitcoin ETF | -57.36% | -37.07% | 41.85% |
Correlation
The correlation between EET and BITU is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024 | 0.38 |
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Return for Risk
EET vs. BITU — Risk / Return Rank
EET
BITU
EET vs. BITU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra MSCI Emerging Markets (EET) 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.
| EET | BITU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.47 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.82 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | -0.93 | +3.28 |
| Martin ratioReturn relative to average drawdown | 6.83 | -1.30 | +8.14 |
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Drawdowns
EET vs. BITU - Drawdown Comparison
The maximum EET drawdown since its inception was -71.66%, smaller than the maximum BITU drawdown of -83.45%. Use the drawdown chart below to compare losses from any high point for EET and BITU.
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Drawdown Indicators
| EET | BITU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.66% | -83.45% | +11.79% |
Max Drawdown (1Y)Largest decline over 1 year | -27.43% | -83.45% | +56.02% |
Max Drawdown (3Y)Largest decline over 3 years | -34.89% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.36% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -69.07% | — | — |
Current DrawdownCurrent decline from peak | -19.80% | -80.93% | +61.13% |
Average DrawdownAverage peak-to-trough decline | -37.04% | -37.68% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.42% | 59.52% | -50.10% |
Volatility
EET vs. BITU - Volatility Comparison
ProShares Ultra MSCI Emerging Markets (EET) has a higher volatility of 19.37% compared to Proshares Ultra Bitcoin ETF (BITU) at 17.53%. This indicates that EET's price experiences larger fluctuations and is considered to be riskier than BITU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EET | BITU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.37% | 17.53% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 45.06% | 68.01% | -22.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.24% | 88.40% | -39.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.77% | 96.01% | -56.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.30% | 96.01% | -54.71% |
EET vs. BITU - Expense Ratio Comparison
Both EET and BITU have an expense ratio of 0.95%.
Dividends
EET vs. BITU - Dividend Comparison
EET's dividend yield for the trailing twelve months is around 1.57%, less than BITU's 80.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BITU Proshares Ultra Bitcoin ETF | 80.48% | 50.23% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EET ProShares Ultra MSCI Emerging Markets | 1.57% | 1.82% | 3.85% | 2.14% | 0.00% | 0.00% | 0.01% | 1.40% | 0.16% |
Frequently Asked Questions
EET and BITU have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EET has higher volatility (19.37%) compared to BITU (17.53%). In terms of maximum drawdown, EET dropped -71.66% vs BITU's -83.45%.
On 1-year performance, EET leads with 64.20% vs -77.50% for BITU. Both ETFs have the same 0.95% expense ratio. On volatility, BITU has been the lower-risk option at 17.53%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EET has performed better with a 64.20% return vs -77.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EET and BITU have the same expense ratio: 0.95% per year.
BITU has the higher dividend yield at 80.48%, compared with 1.57% for EET.
EET is categorized as Leveraged Equities, while BITU is Cryptocurrency. EET tracks MSCI Emerging Markets Index (200%), while BITU tracks Bloomberg Bitcoin Index - Benchmark TR Gross.
EET currently has the higher Sharpe Ratio (1.31 vs -0.88), 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.
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