ENHU vs. SBIT
ENHU (iShares Enhanced Large Cap Core Active ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - ENHU is a Large Cap Blend Equities fund actively managed by iShares, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). ENHU is actively managed, while SBIT is passively managed. At a correlation of -0.49, they often move in opposite directions. ENHU charges 0.22%/yr vs 0.95%/yr for SBIT.
Performance
ENHU vs. SBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ENHU achieves a 10.91% return, which is significantly lower than SBIT's 44.00% return.
ENHU
- 1D
- -0.72%
- 1M
- 1.43%
- 6M
- 8.67%
- YTD
- 10.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SBIT
- 1D
- 5.38%
- 1M
- 1.44%
- 6M
- 58.27%
- YTD
- 44.00%
- 1Y
- 124.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENHU vs. SBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ENHU iShares Enhanced Large Cap Core Active ETF | 10.91% | 1.32% |
SBIT Proshares Ultrashort Bitcoin ETF | 44.00% | 23.00% |
Correlation
The correlation between ENHU and SBIT is -0.49, 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 (All Time) Calculated using the full available price history since Nov 5, 2025 | -0.49 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ENHU vs. SBIT — Risk / Return Rank
ENHU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SBIT
ENHU vs. SBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced Large Cap Core Active ETF (ENHU) 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.
| ENHU | SBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.60 | — |
| Martin ratioReturn relative to average drawdown | — | 5.92 | — |
Loading charts...
Drawdowns
ENHU vs. SBIT - Drawdown Comparison
The maximum ENHU drawdown since its inception was -8.98%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for ENHU and SBIT.
Loading charts...
Drawdown Indicators
| ENHU | SBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.98% | -91.35% | +82.37% |
Max Drawdown (1Y)Largest decline over 1 year | — | -47.94% | — |
Current DrawdownCurrent decline from peak | -0.72% | -77.15% | +76.43% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -68.83% | +67.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 21.04% | — |
Volatility
ENHU vs. SBIT - Volatility Comparison
Loading charts...
Volatility by Period
| ENHU | SBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 22.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 68.89% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.62% | 88.51% | -74.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.62% | 96.89% | -83.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.62% | 96.89% | -83.27% |
ENHU vs. SBIT - Expense Ratio Comparison
ENHU has a 0.22% expense ratio, which is lower than SBIT's 0.95% expense ratio.
Dividends
ENHU vs. SBIT - Dividend Comparison
ENHU's dividend yield for the trailing twelve months is around 0.50%, less than SBIT's 3.97% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ENHU iShares Enhanced Large Cap Core Active ETF | 0.50% | 0.17% | 0.00% |
SBIT Proshares Ultrashort Bitcoin ETF | 3.97% | 0.52% | 1.00% |
Frequently Asked Questions
ENHU and SBIT have a correlation of -0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ENHU is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ENHU is cheaper with a 0.22% expense ratio, compared with 0.95% for SBIT.
SBIT has the higher dividend yield at 3.97%, compared with 0.50% for ENHU.
ENHU is categorized as Large Cap Blend Equities, while SBIT is Cryptocurrency. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.22% for ENHU and 0.95% for SBIT.
Find the right allocation for ENHU and SBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer