EGGQ vs. SBIT

Last updated Aug 2, 2026

EGGQ (NestYield Visionary ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - EGGQ is a Derivative Income fund actively managed by NestYield, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). EGGQ is actively managed, while SBIT is passively managed. Over the past year, EGGQ returned 20.36% vs 98.77% for SBIT. Their -0.44 correlation means they have often moved in opposite directions in the past. EGGQ charges 0.89%/yr vs 0.95%/yr for SBIT.

Performance

EGGQ vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NestYield Visionary ETF (EGGQ) 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, EGGQ achieves a 12.01% return, which is significantly lower than SBIT's 39.44% return.

EGGQ

• 1D: 1.49%
• 1M: -11.50%
• 6M: 13.37%
• YTD: 12.01%
• 1Y: 20.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.59%

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)
EGGQ NestYield Visionary ETF	$314.87K	$333.02K	$374.07K
SBIT Proshares Ultrashort Bitcoin ETF	$29.57M	$32.71M	$46.48M

EGGQ vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EGGQ NestYield Visionary ETF	12.01%	25.92%	-0.88%
SBIT Proshares Ultrashort Bitcoin ETF	39.44%	-25.11%	2.61%

Correlation

The correlation between EGGQ and SBIT is -0.42, 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.	-0.42
Correlation (All Time) Calculated using the full available price history since Dec 30, 2024	-0.44

Return for Risk

EGGQ vs. SBIT — Risk / Return Rank

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

EGGQ

EGGQ Risk / Return Rank: 22
EGGQ Sharpe Ratio Rank: 20
EGGQ Sortino Ratio Rank: 22
EGGQ Omega Ratio Rank: 23
EGGQ Calmar Ratio Rank: 19
EGGQ Martin Ratio Rank: 24

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.

EGGQ vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NestYield Visionary ETF (EGGQ) 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.

	EGGQ	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	0.39	1.27	-0.88
Sortino ratio: Return per unit of downside risk	0.79	1.95	-1.16
Omega ratio: Gain probability vs. loss probability	1.11	1.23	-0.13
Calmar ratio: Return relative to maximum drawdown	0.49	2.35	-1.86
Martin ratio: Return relative to average drawdown	1.70	5.19	-3.49

EGGQ vs. SBIT - Sharpe Ratio Comparison

The current EGGQ Sharpe Ratio is 0.39, which is lower than the SBIT Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of EGGQ 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

EGGQ vs. SBIT - Drawdown Comparison

The maximum EGGQ drawdown since its inception was -33.64%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for EGGQ and SBIT.

Drawdown Indicators

	EGGQ	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-33.64%	-91.35%	+57.71%
Max Drawdown (1Y) Largest decline over 1 year	-33.64%	-47.94%	+14.30%
Current Drawdown Current decline from peak	-24.85%	-77.87%	+53.02%
Average Drawdown Average peak-to-trough decline	-6.45%	-69.07%	+62.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.70%	21.67%	-11.97%

Volatility

EGGQ vs. SBIT - Volatility Comparison

NestYield Visionary ETF (EGGQ) has a higher volatility of 23.19% compared to Proshares Ultrashort Bitcoin ETF (SBIT) at 18.09%. This indicates that EGGQ's price experiences larger fluctuations and is considered to be riskier than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGGQ	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.19%	18.09%	+5.10%
Volatility (6M) Calculated over the trailing 6-month period	38.14%	67.10%	-28.96%
Volatility (1Y) Calculated over the trailing 1-year period	42.24%	88.65%	-46.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.94%	96.10%	-57.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.94%	96.10%	-57.16%

EGGQ vs. SBIT - Expense Ratio Comparison

EGGQ has a 0.89% expense ratio, which is lower than SBIT's 0.95% expense ratio.

Dividends

EGGQ vs. SBIT - Dividend Comparison

EGGQ's dividend yield for the trailing twelve months is around 7.64%, more than SBIT's 4.10% yield.

Position	TTM	2025	2024
EGGQ NestYield Visionary ETF	7.64%	5.70%	0.00%
SBIT Proshares Ultrashort Bitcoin ETF	4.03%	0.52%	1.00%

Frequently Asked Questions

Can I hold both EGGQ and SBIT in my portfolio?

EGGQ and SBIT have a correlation of -0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGGQ or SBIT?

EGGQ has higher volatility (23.19%) compared to SBIT (18.09%). In terms of maximum drawdown, EGGQ dropped -33.64% vs SBIT's -91.35%.

Which ETF is better, EGGQ or SBIT?

On 1-year performance, SBIT leads with 98.77% vs 20.36% for EGGQ. On fees, EGGQ is cheaper at 0.89% per year. On volatility, SBIT has been the lower-risk option at 18.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EGGQ or SBIT?

Over the 1-year period, SBIT has performed better with a 98.77% return vs 20.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EGGQ or SBIT?

EGGQ is cheaper with a 0.89% expense ratio, compared with 0.95% for SBIT.

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

EGGQ has the higher dividend yield at 7.64%, compared with 4.03% for SBIT.

What is the main difference between EGGQ and SBIT?

EGGQ is categorized as Derivative Income, while SBIT is Cryptocurrency. They also come from different issuers: NestYield and ProShares. Their fees differ too: 0.89% for EGGQ and 0.95% for SBIT.

Which has better risk-adjusted returns?

SBIT currently has the higher Sharpe Ratio (1.27 vs 0.39), 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.