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FBPEX vs. BITO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FBPEX vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cantor Fitzgerald Equity Dividend Plus Fund (FBPEX) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FBPEX achieves a 16.92% return, which is significantly higher than BITO's -28.40% return.


FBPEX

1D
-0.10%
1M
3.18%
6M
10.27%
YTD
16.92%
1Y
24.86%
3Y*
5Y*
10Y*
ALL TIME*
16.24%

BITO

1D
1.45%
1M
3.64%
6M
-19.37%
YTD
-28.40%
1Y
-45.62%
3Y*
22.22%
5Y*
10Y*
ALL TIME*
-4.87%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$1.59B$2.59B$2.08B
$0.00$0.00$0.00

FBPEX vs. BITO - Yearly Performance Comparison


2026 (YTD)202520242023
FBPEX
Cantor Fitzgerald Equity Dividend Plus Fund
16.92%10.80%12.18%6.24%
BITO
ProShares Bitcoin Strategy ETF
-28.40%-11.19%104.45%57.95%

Correlation

The correlation between FBPEX and BITO is 0.18, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.18

Correlation (All Time)
Calculated using the full available price history since Sep 11, 2023

0.22

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Return for Risk

FBPEX vs. BITO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FBPEX
FBPEX Risk / Return Rank: 8686
Overall Rank
FBPEX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
FBPEX Sortino Ratio Rank: 8989
Sortino Ratio Rank
FBPEX Omega Ratio Rank: 8080
Omega Ratio Rank
FBPEX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FBPEX Martin Ratio Rank: 8383
Martin Ratio Rank

BITO
BITO Risk / Return Rank: 22
Overall Rank
BITO Sharpe Ratio Rank: 11
Sharpe Ratio Rank
BITO Sortino Ratio Rank: 22
Sortino Ratio Rank
BITO Omega Ratio Rank: 22
Omega Ratio Rank
BITO Calmar Ratio Rank: 22
Calmar Ratio Rank
BITO Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FBPEX vs. BITO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cantor Fitzgerald 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.


FBPEXBITODifference
Sharpe ratioReturn per unit of total volatility

+3.28

Sortino ratioReturn per unit of downside risk

+4.89

Omega ratioGain probability vs. loss probability

1.38

0.83

+0.55

Calmar ratioReturn relative to maximum drawdown

3.25

-0.84

+4.09

Martin ratioReturn relative to average drawdown

10.74

-1.28

+12.03

FBPEX vs. BITO - Sharpe Ratio Comparison

The current FBPEX Sharpe Ratio is 2.25, which is higher than the BITO Sharpe Ratio of -1.04. The chart below compares the historical Sharpe Ratios of FBPEX and BITO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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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.


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Drawdown Indicators


FBPEXBITODifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-0.93%

-50.61%

+49.68%

Average Drawdown

Average peak-to-trough decline

-1.90%

-37.19%

+35.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

35.62%

-33.39%

Volatility

FBPEX vs. BITO - Volatility Comparison

The current volatility for Cantor Fitzgerald Equity Dividend Plus Fund (FBPEX) is 3.70%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 8.72%. 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.


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Volatility by Period


FBPEXBITODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.70%

8.72%

-5.02%

Volatility (6M)

Calculated over the trailing 6-month period

8.14%

33.49%

-25.35%

Volatility (1Y)

Calculated over the trailing 1-year period

10.71%

44.21%

-33.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.75%

54.58%

-42.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.75%

54.58%

-42.83%

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 9.18%, less than BITO's 47.03% yield.


PositionTTM202520242023
BITO
ProShares Bitcoin Strategy ETF
47.03%78.29%61.59%15.14%
FBPEX
Cantor Fitzgerald Equity Dividend Plus Fund
9.18%9.53%11.78%4.20%

Frequently Asked Questions


FBPEX and BITO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BITO has higher volatility (8.72%) compared to FBPEX (3.70%). In terms of maximum drawdown, FBPEX dropped -12.78% vs BITO's -77.86%.

FBPEX currently has the higher Sharpe Ratio (2.25 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.

Portfolio Optimizer

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.

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