GEF-B vs. BITO
GEF-B (Greif Inc) is a stock, while BITO (ProShares Bitcoin Strategy ETF) is Cryptocurrency fund actively managed by ProShares. Over the past 3 years, GEF-B returned 9.63%/yr vs 18.00%/yr for BITO. At a 0.23 correlation, their price movements are largely independent.
Performance
GEF-B vs. BITO - Performance Comparison
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Returns By Period
In the year-to-date period, GEF-B achieves a 18.15% return, which is significantly higher than BITO's -29.93% return.
GEF-B
- 1D
- 0.31%
- 1M
- 9.35%
- YTD
- 18.15%
- 6M
- 19.35%
- 1Y
- 31.71%
- 3Y*
- 9.63%
- 5Y*
- 12.36%
- 10Y*
- 9.68%
BITO
- 1D
- -3.31%
- 1M
- -18.05%
- YTD
- -29.93%
- 6M
- -30.03%
- 1Y
- -42.09%
- 3Y*
- 18.00%
- 5Y*
- —
- 10Y*
- —
GEF-B vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GEF-B Greif Inc | 18.15% | 15.77% | 7.79% | -11.91% | 36.86% | -4.22% |
BITO ProShares Bitcoin Strategy ETF | -29.93% | -11.19% | 104.45% | 137.33% | -63.91% | -29.31% |
Correlation
The correlation between GEF-B and BITO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2021 | 0.23 |
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Return for Risk
GEF-B vs. BITO — Risk / Return Rank
GEF-B
BITO
GEF-B vs. BITO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Greif Inc (GEF-B) 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.
| GEF-B | BITO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.12 | ||
| Sortino ratioReturn per unit of downside risk | +3.10 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.85 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | -0.80 | +2.47 |
| Martin ratioReturn relative to average drawdown | 3.42 | -1.35 | +4.77 |
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Drawdowns
GEF-B vs. BITO - Drawdown Comparison
The maximum GEF-B drawdown since its inception was -63.05%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for GEF-B and BITO.
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Drawdown Indicators
| GEF-B | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.05% | -77.86% | +14.81% |
Max Drawdown (1Y)Largest decline over 1 year | -18.97% | -53.10% | +34.13% |
Max Drawdown (3Y)Largest decline over 3 years | -28.37% | -53.10% | +24.73% |
Max Drawdown (5Y)Largest decline over 5 years | -29.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.81% | — | — |
Current DrawdownCurrent decline from peak | -5.64% | -51.67% | +46.03% |
Average DrawdownAverage peak-to-trough decline | -14.10% | -36.86% | +22.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 31.28% | -21.99% |
Volatility
GEF-B vs. BITO - Volatility Comparison
The current volatility for Greif Inc (GEF-B) is 7.14%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 12.79%. This indicates that GEF-B 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
| GEF-B | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.14% | 12.79% | -5.65% |
Volatility (6M)Calculated over the trailing 6-month period | 19.60% | 34.39% | -14.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.51% | 44.08% | -16.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.33% | 55.02% | -25.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.35% | 55.02% | -19.67% |
Dividends
GEF-B vs. BITO - Dividend Comparison
GEF-B's dividend yield for the trailing twelve months is around 3.98%, less than BITO's 71.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITO ProShares Bitcoin Strategy ETF | 71.07% | 78.29% | 61.59% | 15.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GEF-B Greif Inc | 3.98% | 4.40% | 4.67% | 4.62% | 3.67% | 4.50% | 5.44% | 3.81% | 4.32% | 3.62% | 3.72% | 5.87% |
Frequently Asked Questions
GEF-B and BITO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITO has higher volatility (12.79%) compared to GEF-B (7.14%). In terms of maximum drawdown, GEF-B dropped -63.05% vs BITO's -77.86%.
GEF-B currently has the higher Sharpe Ratio (1.17 vs -0.96), 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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