FSCO vs. BITO
FSCO (FS Credit Opportunities Corp.) is a stock, while BITO (ProShares Bitcoin Strategy ETF) is Cryptocurrency fund actively managed by ProShares. Over the past 3 years, FSCO returned 13.89%/yr vs 26.35%/yr for BITO. At a 0.17 correlation, their price movements are largely independent.
Performance
FSCO vs. BITO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSCO achieves a -19.22% return, which is significantly higher than BITO's -28.44% return.
FSCO
- 1D
- -1.64%
- 1M
- -5.14%
- YTD
- -19.22%
- 6M
- -17.27%
- 1Y
- -24.79%
- 3Y*
- 13.89%
- 5Y*
- —
- 10Y*
- —
BITO
- 1D
- 0.12%
- 1M
- -20.38%
- YTD
- -28.44%
- 6M
- -30.74%
- 1Y
- -42.91%
- 3Y*
- 26.35%
- 5Y*
- —
- 10Y*
- —
FSCO vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | -19.22% | 3.68% | 34.88% | 36.98% | -3.98% |
BITO ProShares Bitcoin Strategy ETF | -28.44% | -11.19% | 104.45% | 137.33% | 6.65% |
Correlation
The correlation between FSCO and BITO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2022 | 0.17 |
The correlation between FSCO and BITO shifts across timeframes, from 0.17 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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
FSCO vs. BITO — Risk / Return Rank
FSCO
BITO
FSCO vs. BITO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FS Credit Opportunities Corp. (FSCO) 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.
| FSCO | BITO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.84 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | -0.81 | +0.11 |
| Martin ratioReturn relative to average drawdown | -1.41 | -1.42 | +0.01 |
Loading charts...
Drawdowns
FSCO vs. BITO - Drawdown Comparison
The maximum FSCO drawdown since its inception was -35.53%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for FSCO and BITO.
Loading charts...
Drawdown Indicators
| FSCO | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.53% | -77.86% | +42.33% |
Max Drawdown (1Y)Largest decline over 1 year | -35.53% | -53.10% | +17.57% |
Max Drawdown (3Y)Largest decline over 3 years | -35.53% | -53.10% | +17.57% |
Current DrawdownCurrent decline from peak | -29.47% | -50.64% | +21.17% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -36.79% | +28.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.59% | 30.32% | -12.73% |
Volatility
FSCO vs. BITO - Volatility Comparison
The current volatility for FS Credit Opportunities Corp. (FSCO) is 5.86%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 11.73%. This indicates that FSCO 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
| FSCO | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 11.73% | -5.87% |
Volatility (6M)Calculated over the trailing 6-month period | 22.49% | 34.20% | -11.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.31% | 43.88% | -16.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.22% | 55.07% | -26.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.22% | 55.07% | -26.85% |
Dividends
FSCO vs. BITO - Dividend Comparison
FSCO's dividend yield for the trailing twelve months is around 16.32%, less than BITO's 69.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BITO ProShares Bitcoin Strategy ETF | 69.59% | 78.29% | 61.59% | 15.14% | 0.00% |
FSCO FS Credit Opportunities Corp. | 16.32% | 12.65% | 10.47% | 11.26% | 1.95% |
Frequently Asked Questions
FSCO and BITO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITO has higher volatility (11.73%) compared to FSCO (5.86%). In terms of maximum drawdown, FSCO dropped -35.53% vs BITO's -77.86%.
FSCO currently has the higher Sharpe Ratio (-0.91 vs -0.98), 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 FSCO 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