EGGS vs. SBIT

Last updated Jul 14, 2026

EGGS (NestYield Total Return Guard ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - EGGS is a Derivative Income fund actively managed by NestYield, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). EGGS is actively managed, while SBIT is passively managed. Over the past year, EGGS returned 13.19% vs 124.12% for SBIT. At a correlation of -0.41, they often move in opposite directions. EGGS charges 0.89%/yr vs 0.95%/yr for SBIT.

Performance

EGGS vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NestYield Total Return Guard ETF (EGGS) 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, EGGS achieves a 11.23% return, which is significantly lower than SBIT's 44.00% return.

EGGS

• 1D: -3.87%
• 1M: -5.48%
• 6M: 10.01%
• YTD: 11.23%
• 1Y: 13.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SBIT

• 1D: 5.38%
• 1M: 1.44%
• 6M: 58.27%
• YTD: 44.00%
• 1Y: 124.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EGGS vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EGGS NestYield Total Return Guard ETF	11.23%	14.41%	-1.62%
SBIT Proshares Ultrashort Bitcoin ETF	44.00%	-25.11%	5.16%

Correlation

The correlation between EGGS and SBIT is -0.38, 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	-0.38
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	-0.41

Return for Risk

EGGS vs. SBIT — Risk / Return Rank

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

EGGS

EGGS Risk / Return Rank: 19
EGGS Sharpe Ratio Rank: 19
EGGS Sortino Ratio Rank: 18
EGGS Omega Ratio Rank: 19
EGGS Calmar Ratio Rank: 20
EGGS Martin Ratio Rank: 19

SBIT

SBIT Risk / Return Rank: 52
SBIT Sharpe Ratio Rank: 51
SBIT Sortino Ratio Rank: 52
SBIT Omega Ratio Rank: 48
SBIT Calmar Ratio Rank: 66
SBIT Martin Ratio Rank: 45

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.

EGGS vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NestYield Total Return Guard ETF (EGGS) 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.

	EGGS	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.41	-0.92
Sortino ratio: Return per unit of downside risk	0.81	2.05	-1.24
Omega ratio: Gain probability vs. loss probability	1.11	1.25	-0.14
Calmar ratio: Return relative to maximum drawdown	0.73	2.60	-1.88
Martin ratio: Return relative to average drawdown	1.62	5.92	-4.30

EGGS vs. SBIT - Sharpe Ratio Comparison

The current EGGS Sharpe Ratio is 0.49, which is lower than the SBIT Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of EGGS 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

EGGS vs. SBIT - Drawdown Comparison

The maximum EGGS drawdown since its inception was -18.52%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for EGGS and SBIT.

Drawdown Indicators

	EGGS	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-18.52%	-91.35%	+72.83%
Max Drawdown (1Y) Largest decline over 1 year	-18.17%	-47.94%	+29.77%
Current Drawdown Current decline from peak	-11.88%	-77.15%	+65.27%
Average Drawdown Average peak-to-trough decline	-5.74%	-68.83%	+63.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.16%	21.04%	-12.88%

Volatility

EGGS vs. SBIT - Volatility Comparison

The current volatility for NestYield Total Return Guard ETF (EGGS) is 14.01%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 22.98%. This indicates that EGGS 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

	EGGS	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.01%	22.98%	-8.97%
Volatility (6M) Calculated over the trailing 6-month period	23.28%	68.89%	-45.61%
Volatility (1Y) Calculated over the trailing 1-year period	27.02%	88.51%	-61.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.41%	96.89%	-70.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.41%	96.89%	-70.48%

EGGS vs. SBIT - Expense Ratio Comparison

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

Dividends

EGGS vs. SBIT - Dividend Comparison

EGGS's dividend yield for the trailing twelve months is around 17.39%, more than SBIT's 3.97% yield.

Position	TTM	2025	2024
EGGS NestYield Total Return Guard ETF	17.39%	14.52%	0.00%
SBIT Proshares Ultrashort Bitcoin ETF	3.97%	0.52%	1.00%

Frequently Asked Questions

Can I hold both EGGS and SBIT in my portfolio?

EGGS and SBIT have a correlation of -0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGGS or SBIT?

SBIT has higher volatility (22.98%) compared to EGGS (14.01%). In terms of maximum drawdown, EGGS dropped -18.52% vs SBIT's -91.35%.

Which ETF is better, EGGS or SBIT?

On 1-year performance, SBIT leads with 124.12% vs 13.19% for EGGS. On fees, EGGS is cheaper at 0.89% per year. On volatility, EGGS has been the lower-risk option at 14.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EGGS or SBIT?

Over the 1-year period, SBIT has performed better with a 124.12% return vs 13.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EGGS or SBIT?

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

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

EGGS has the higher dividend yield at 17.39%, compared with 3.97% for SBIT.

What is the main difference between EGGS and SBIT?

EGGS 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 EGGS and 0.95% for SBIT.

Which has better risk-adjusted returns?

SBIT currently has the higher Sharpe Ratio (1.41 vs 0.49), 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.