EYLD vs. SBIT
EYLD (Cambria Emerging Shareholder Yield ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - EYLD is a Emerging Markets Equities fund actively managed by Cambria, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). EYLD is actively managed, while SBIT is passively managed. Over the past year, EYLD returned 33.83% vs 98.77% for SBIT. Their -0.33 correlation means they have often moved in opposite directions in the past. EYLD charges 0.65%/yr vs 0.95%/yr for SBIT.
Performance
EYLD vs. SBIT - Performance Comparison
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Returns By Period
In the year-to-date period, EYLD achieves a 19.91% return, which is significantly lower than SBIT's 39.44% return.
EYLD
- 1D
- -0.98%
- 1M
- -0.50%
- 6M
- 9.72%
- YTD
- 19.91%
- 1Y
- 33.83%
- 3Y*
- 21.05%
- 5Y*
- 9.40%
- 10Y*
- 11.22%
- ALL TIME*
- 11.39%
SBIT
- 1D
- 5.60%
- 1M
- -6.04%
- 6M
- 32.41%
- YTD
- 39.44%
- 1Y
- 98.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -42.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.51M | $3.95M | $5.12M | |
| $29.57M | $32.71M | $46.48M |
EYLD vs. SBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EYLD Cambria Emerging Shareholder Yield ETF | 19.91% | 29.39% | -2.86% |
SBIT Proshares Ultrashort Bitcoin ETF | 39.44% | -25.11% | -73.74% |
Correlation
The correlation between EYLD and SBIT is -0.41, 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. | -0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024 | -0.33 |
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Return for Risk
EYLD vs. SBIT — Risk / Return Rank
EYLD
SBIT
EYLD vs. SBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cambria Emerging Shareholder Yield ETF (EYLD) 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.
| EYLD | SBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.23 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 2.35 | +0.83 |
| Martin ratioReturn relative to average drawdown | 9.68 | 5.19 | +4.49 |
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Drawdowns
EYLD vs. SBIT - Drawdown Comparison
The maximum EYLD drawdown since its inception was -41.82%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for EYLD and SBIT.
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Drawdown Indicators
| EYLD | SBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.82% | -91.35% | +49.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -47.94% | +37.42% |
Max Drawdown (3Y)Largest decline over 3 years | -20.89% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.27% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.82% | — | — |
Current DrawdownCurrent decline from peak | -6.24% | -77.87% | +71.63% |
Average DrawdownAverage peak-to-trough decline | -10.20% | -69.07% | +58.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 21.67% | -18.22% |
Volatility
EYLD vs. SBIT - Volatility Comparison
The current volatility for Cambria Emerging Shareholder Yield ETF (EYLD) is 6.88%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 18.09%. This indicates that EYLD 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.
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Volatility by Period
| EYLD | SBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 18.09% | -11.21% |
Volatility (6M)Calculated over the trailing 6-month period | 18.10% | 67.10% | -49.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.31% | 88.65% | -68.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.57% | 96.10% | -77.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.08% | 96.10% | -77.02% |
EYLD vs. SBIT - Expense Ratio Comparison
EYLD has a 0.65% expense ratio, which is lower than SBIT's 0.95% expense ratio.
Dividends
EYLD vs. SBIT - Dividend Comparison
EYLD's dividend yield for the trailing twelve months is around 5.08%, more than SBIT's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EYLD Cambria Emerging Shareholder Yield ETF | 5.08% | 5.40% | 5.16% | 5.54% | 6.97% | 7.27% | 3.02% | 4.21% | 7.87% | 2.77% | 0.75% |
SBIT Proshares Ultrashort Bitcoin ETF | 4.03% | 0.52% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EYLD and SBIT have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBIT has higher volatility (18.09%) compared to EYLD (6.88%). In terms of maximum drawdown, EYLD dropped -41.82% vs SBIT's -91.35%.
On 1-year performance, SBIT leads with 98.77% vs 33.83% for EYLD. On fees, EYLD is cheaper at 0.65% per year. On volatility, EYLD has been the lower-risk option at 6.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SBIT has performed better with a 98.77% return vs 33.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EYLD is cheaper with a 0.65% expense ratio, compared with 0.95% for SBIT.
EYLD has the higher dividend yield at 5.08%, compared with 4.03% for SBIT.
EYLD is categorized as Emerging Markets Equities, while SBIT is Cryptocurrency. They also come from different issuers: Cambria and ProShares. Their fees differ too: 0.65% for EYLD and 0.95% for SBIT.
EYLD currently has the higher Sharpe Ratio (1.65 vs 1.27), 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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