FBPEX vs. BITO
FBPEX (Cantor Fitzgerald Equity Dividend Plus Fund) and BITO (ProShares Bitcoin Strategy ETF) are both funds - FBPEX is a Large Cap Value Equities fund managed by Cantor Fitzgerald, while BITO is a Cryptocurrency fund actively managed by ProShares. Over the past year, FBPEX returned 24.86% vs -45.62% for BITO. Their 0.22 correlation means their historical movements had little consistent relationship. FBPEX charges 1.12%/yr vs 0.95%/yr for BITO.
Performance
FBPEX vs. BITO - Performance Comparison
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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%
Liquidity Comparison
| Position | Avg. 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) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
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
FBPEX
BITO
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.
| FBPEX | BITO | Difference | |
|---|---|---|---|
| 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 |
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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
| 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 | -0.93% | -50.61% | +49.68% |
Average DrawdownAverage peak-to-trough decline | -1.90% | -37.19% | +35.29% |
Ulcer IndexDepth 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
| FBPEX | BITO | Difference | |
|---|---|---|---|
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.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
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.
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