EGGY vs. BITI

Last updated Jul 18, 2026

EGGY (NestYield Dynamic Income ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - EGGY is a Derivative Income fund actively managed by NestYield, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. EGGY is actively managed, while BITI is passively managed. Over the past year, EGGY returned 14.18% vs 64.56% for BITI. At a correlation of -0.42, they often move in opposite directions. EGGY charges 0.95%/yr vs 1.03%/yr for BITI.

Performance

EGGY vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NestYield Dynamic Income ETF (EGGY) 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, EGGY achieves a 13.66% return, which is significantly lower than BITI's 24.73% return.

EGGY

• 1D: 0.45%
• 1M: -18.54%
• 6M: 12.86%
• YTD: 13.66%
• 1Y: 14.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITI

• 1D: 0.20%
• 1M: -0.52%
• 6M: 36.51%
• YTD: 24.73%
• 1Y: 64.56%
• 3Y*: -31.71%
• 5Y*: —
• 10Y*: —

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

EGGY vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EGGY NestYield Dynamic Income ETF	13.66%	16.46%	-0.91%
BITI ProShares Short Bitcoin ETF	24.73%	-1.76%	2.65%

Correlation

The correlation between EGGY and BITI is -0.40, 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	-0.40
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	-0.42

Return for Risk

EGGY vs. BITI — Risk / Return Rank

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

EGGY

EGGY Risk / Return Rank: 18
EGGY Sharpe Ratio Rank: 17
EGGY Sortino Ratio Rank: 17
EGGY Omega Ratio Rank: 18
EGGY Calmar Ratio Rank: 18
EGGY Martin Ratio Rank: 20

BITI

BITI Risk / Return Rank: 53
BITI Sharpe Ratio Rank: 54
BITI Sortino Ratio Rank: 51
BITI Omega Ratio Rank: 47
BITI Calmar Ratio Rank: 65
BITI Martin Ratio Rank: 48

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.

EGGY vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NestYield Dynamic Income ETF (EGGY) 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.

	EGGY	BITI	Difference
Sharpe ratio: Return per unit of total volatility	0.39	1.47	-1.09
Sortino ratio: Return per unit of downside risk	0.72	2.04	-1.32
Omega ratio: Gain probability vs. loss probability	1.10	1.25	-0.14
Calmar ratio: Return relative to maximum drawdown	0.57	2.57	-1.99
Martin ratio: Return relative to average drawdown	1.72	6.36	-4.64

EGGY vs. BITI - Sharpe Ratio Comparison

The current EGGY Sharpe Ratio is 0.39, which is lower than the BITI Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of EGGY 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

EGGY vs. BITI - Drawdown Comparison

The maximum EGGY drawdown since its inception was -24.81%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for EGGY and BITI.

Drawdown Indicators

	EGGY	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-24.81%	-92.16%	+67.35%
Max Drawdown (1Y) Largest decline over 1 year	-24.81%	-25.28%	+0.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.63%	—
Current Drawdown Current decline from peak	-24.47%	-86.38%	+61.91%
Average Drawdown Average peak-to-trough decline	-5.56%	-68.42%	+62.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.28%	10.18%	-1.90%

Volatility

EGGY vs. BITI - Volatility Comparison

NestYield Dynamic Income ETF (EGGY) has a higher volatility of 20.58% compared to ProShares Short Bitcoin ETF (BITI) at 10.69%. This indicates that EGGY'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

	EGGY	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.58%	10.69%	+9.89%
Volatility (6M) Calculated over the trailing 6-month period	32.87%	34.09%	-1.22%
Volatility (1Y) Calculated over the trailing 1-year period	36.86%	44.07%	-7.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.30%	52.21%	-18.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.30%	52.21%	-18.91%

EGGY vs. BITI - Expense Ratio Comparison

EGGY has a 0.95% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

EGGY vs. BITI - Dividend Comparison

EGGY's dividend yield for the trailing twelve months is around 33.28%, more than BITI's 15.59% yield.

Position	TTM	2025	2024	2023	2022
BITI ProShares Short Bitcoin ETF	15.59%	1.60%	3.91%	3.33%	0.06%
EGGY NestYield Dynamic Income ETF	33.28%	28.26%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EGGY and BITI in my portfolio?

EGGY and BITI have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGGY or BITI?

EGGY has higher volatility (20.58%) compared to BITI (10.69%). In terms of maximum drawdown, EGGY dropped -24.81% vs BITI's -92.16%.

Which ETF is better, EGGY or BITI?

On 1-year performance, BITI leads with 64.56% vs 14.18% for EGGY. On fees, EGGY is cheaper at 0.95% per year. On volatility, BITI has been the lower-risk option at 10.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EGGY or BITI?

Over the 1-year period, BITI has performed better with a 64.56% return vs 14.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EGGY or BITI?

EGGY is cheaper with a 0.95% expense ratio, compared with 1.03% for BITI.

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

EGGY has the higher dividend yield at 33.28%, compared with 15.59% for BITI.

What is the main difference between EGGY and BITI?

EGGY is categorized as Derivative Income, while BITI is Cryptocurrency. They also come from different issuers: NestYield and ProShares. Their fees differ too: 0.95% for EGGY and 1.03% for BITI.

Which has better risk-adjusted returns?

BITI currently has the higher Sharpe Ratio (1.47 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.