ILIT vs. SBIT

Last updated Jul 14, 2026

ILIT (Ishares Lithium Miners And Producers ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - ILIT is a Lithium & Battery Metals fund tracking the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). Both are passively managed. Over the past year, ILIT returned 75.05% vs 124.12% for SBIT. At a correlation of -0.24, they often move in opposite directions. ILIT charges 0.47%/yr vs 0.95%/yr for SBIT.

Performance

ILIT vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lithium Miners And Producers ETF (ILIT) and Proshares Ultrashort Bitcoin ETF (SBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ILIT achieves a -5.59% return, which is significantly lower than SBIT's 44.00% return.

ILIT

• 1D: -3.92%
• 1M: -25.26%
• 6M: -19.17%
• YTD: -5.59%
• 1Y: 75.05%
• 3Y*: -14.39%
• 5Y*: —
• 10Y*: —

SBIT

• 1D: 5.38%
• 1M: 1.44%
• 6M: 58.27%
• YTD: 44.00%
• 1Y: 124.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ILIT vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ILIT Ishares Lithium Miners And Producers ETF	-5.59%	81.51%	-32.56%
SBIT Proshares Ultrashort Bitcoin ETF	44.00%	-25.11%	-73.74%

Correlation

The correlation between ILIT and SBIT is -0.26, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.26
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024	-0.24

Return for Risk

ILIT vs. SBIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ILIT

ILIT Risk / Return Rank: 51
ILIT Sharpe Ratio Rank: 54
ILIT Sortino Ratio Rank: 54
ILIT Omega Ratio Rank: 49
ILIT Calmar Ratio Rank: 50
ILIT Martin Ratio Rank: 48

SBIT

SBIT Risk / Return Rank: 52
SBIT Sharpe Ratio Rank: 51
SBIT Sortino Ratio Rank: 52
SBIT Omega Ratio Rank: 48
SBIT Calmar Ratio Rank: 66
SBIT Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ILIT vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Proshares Ultrashort Bitcoin ETF (SBIT). 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.

	ILIT	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.41	+0.07
Sortino ratio: Return per unit of downside risk	2.11	2.05	+0.06
Omega ratio: Gain probability vs. loss probability	1.25	1.25	0.00
Calmar ratio: Return relative to maximum drawdown	1.99	2.60	-0.61
Martin ratio: Return relative to average drawdown	6.41	5.92	+0.49

ILIT vs. SBIT - Sharpe Ratio Comparison

The current ILIT Sharpe Ratio is 1.48, which is comparable to the SBIT Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of ILIT and SBIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ILIT vs. SBIT - Drawdown Comparison

The maximum ILIT drawdown since its inception was -73.69%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for ILIT and SBIT.

Drawdown Indicators

	ILIT	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-73.69%	-91.35%	+17.66%
Max Drawdown (1Y) Largest decline over 1 year	-37.91%	-47.94%	+10.03%
Max Drawdown (3Y) Largest decline over 3 years	-73.27%	—	—
Current Drawdown Current decline from peak	-38.24%	-77.15%	+38.91%
Average Drawdown Average peak-to-trough decline	-45.14%	-68.83%	+23.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.74%	21.04%	-9.30%

Volatility

ILIT vs. SBIT - Volatility Comparison

The current volatility for Ishares Lithium Miners And Producers ETF (ILIT) is 14.66%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 22.98%. This indicates that ILIT experiences smaller price fluctuations and is considered to be less risky than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ILIT	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.66%	22.98%	-8.32%
Volatility (6M) Calculated over the trailing 6-month period	35.14%	68.89%	-33.75%
Volatility (1Y) Calculated over the trailing 1-year period	50.96%	88.51%	-37.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.05%	96.89%	-54.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.05%	96.89%	-54.84%

ILIT vs. SBIT - Expense Ratio Comparison

ILIT has a 0.47% expense ratio, which is lower than SBIT's 0.95% expense ratio.

Dividends

ILIT vs. SBIT - Dividend Comparison

ILIT's dividend yield for the trailing twelve months is around 2.18%, less than SBIT's 3.97% yield.

Position	TTM	2025	2024	2023
ILIT Ishares Lithium Miners And Producers ETF	2.18%	2.27%	6.48%	0.69%
SBIT Proshares Ultrashort Bitcoin ETF	3.97%	0.52%	1.00%	0.00%

Frequently Asked Questions

Can I hold both ILIT and SBIT in my portfolio?

ILIT and SBIT have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ILIT or SBIT?

SBIT has higher volatility (22.98%) compared to ILIT (14.66%). In terms of maximum drawdown, ILIT dropped -73.69% vs SBIT's -91.35%.

Which ETF is better, ILIT or SBIT?

On 1-year performance, SBIT leads with 124.12% vs 75.05% for ILIT. On fees, ILIT is cheaper at 0.47% per year. On volatility, ILIT has been the lower-risk option at 14.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ILIT or SBIT?

Over the 1-year period, SBIT has performed better with a 124.12% return vs 75.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ILIT or SBIT?

ILIT is cheaper with a 0.47% expense ratio, compared with 0.95% for SBIT.

Which ETF pays a higher dividend yield, ILIT or SBIT?

SBIT has the higher dividend yield at 3.97%, compared with 2.18% for ILIT.

What is the main difference between ILIT and SBIT?

ILIT is categorized as Lithium & Battery Metals, while SBIT is Cryptocurrency. ILIT tracks STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while SBIT tracks Bloomberg Bitcoin Index (-200%). They also come from different issuers: iShares and ProShares. Their fees differ too: 0.47% for ILIT and 0.95% for SBIT.

Which has better risk-adjusted returns?

ILIT currently has the higher Sharpe Ratio (1.48 vs 1.41), 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.