FBPEX vs. BITO
FBPEX (Cantor FBP Equity & Dividend Plus Fund) and BITO (ProShares Bitcoin Strategy ETF) are both funds - FBPEX is a Large Cap Value Equities fund managed by Flippin, Bruce & Porter Funds, while BITO is a Cryptocurrency fund actively managed by ProShares. Over the past year, FBPEX returned 17.38% vs -47.98% for BITO. At a 0.23 correlation, their price movements are largely independent. FBPEX charges 1.12%/yr vs 0.95%/yr for BITO.
Performance
FBPEX vs. BITO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FBPEX achieves a 12.61% return, which is significantly higher than BITO's -28.18% return.
FBPEX
- 1D
- 0.31%
- 1M
- 0.00%
- 6M
- 9.71%
- YTD
- 12.61%
- 1Y
- 17.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITO
- 1D
- 1.17%
- 1M
- 0.36%
- 6M
- -30.25%
- YTD
- -28.18%
- 1Y
- -47.98%
- 3Y*
- 19.76%
- 5Y*
- —
- 10Y*
- —
FBPEX vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FBPEX Cantor FBP Equity & Dividend Plus Fund | 12.61% | 10.80% | 12.18% | 6.24% |
BITO ProShares Bitcoin Strategy ETF | -28.18% | -11.19% | 104.45% | 57.95% |
Correlation
The correlation between FBPEX and BITO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2023 | 0.23 |
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
FBPEX vs. BITO — Risk / Return Rank
FBPEX
BITO
FBPEX vs. BITO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cantor FBP Equity & Dividend Plus Fund (FBPEX) and ProShares Bitcoin Strategy ETF (BITO). 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.
| FBPEX | BITO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.67 | ||
| Sortino ratioReturn per unit of downside risk | +3.99 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.83 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | -0.84 | +3.19 |
| Martin ratioReturn relative to average drawdown | 7.55 | -1.38 | +8.93 |
Loading charts...
Drawdowns
FBPEX vs. BITO - Drawdown Comparison
The maximum FBPEX drawdown since its inception was -12.78%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for FBPEX and BITO.
Loading charts...
Drawdown Indicators
| FBPEX | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.78% | -77.86% | +65.08% |
Max Drawdown (1Y)Largest decline over 1 year | -7.38% | -54.47% | +47.09% |
Max Drawdown (3Y)Largest decline over 3 years | — | -54.47% | — |
Current DrawdownCurrent decline from peak | -0.90% | -50.47% | +49.57% |
Average DrawdownAverage peak-to-trough decline | -1.93% | -37.02% | +35.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 33.31% | -31.02% |
Volatility
FBPEX vs. BITO - Volatility Comparison
The current volatility for Cantor FBP Equity & Dividend Plus Fund (FBPEX) is 3.77%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 10.76%. This indicates that FBPEX experiences smaller price fluctuations and is considered to be less risky than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FBPEX | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 10.76% | -6.99% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 34.39% | -26.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.61% | 44.21% | -33.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.75% | 54.85% | -43.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.75% | 54.85% | -43.10% |
FBPEX vs. BITO - Expense Ratio Comparison
FBPEX has a 1.12% expense ratio, which is higher than BITO's 0.95% expense ratio.
Dividends
FBPEX vs. BITO - Dividend Comparison
FBPEX's dividend yield for the trailing twelve months is around 9.53%, less than BITO's 60.59% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BITO ProShares Bitcoin Strategy ETF | 60.59% | 78.29% | 61.59% | 15.14% |
FBPEX Cantor FBP Equity & Dividend Plus Fund | 9.53% | 9.53% | 11.78% | 4.20% |
Frequently Asked Questions
FBPEX and BITO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITO has higher volatility (10.76%) compared to FBPEX (3.77%). In terms of maximum drawdown, FBPEX dropped -12.78% vs BITO's -77.86%.
FBPEX currently has the higher Sharpe Ratio (1.63 vs -1.04), 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.
Find the right allocation for FBPEX and BITO
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