IQMM vs. BITO
Compare and contrast key facts about ProShares GENIUS Money Market ETF (IQMM) and ProShares Bitcoin Strategy ETF (BITO).
IQMM and BITO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQMM is an actively managed fund by ProShares. It was launched on Feb 17, 2026. BITO is an actively managed fund by ProShares. It was launched on Oct 19, 2021.
Performance
IQMM vs. BITO - Performance Comparison
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IQMM vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IQMM ProShares GENIUS Money Market ETF | 0.36% |
BITO ProShares Bitcoin Strategy ETF | 1.20% |
Returns By Period
IQMM
- 1D
- -0.00%
- 1M
- 0.29%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITO
- 1D
- 0.60%
- 1M
- -1.72%
- YTD
- -22.79%
- 6M
- -43.10%
- 1Y
- -23.27%
- 3Y*
- 24.87%
- 5Y*
- —
- 10Y*
- —
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IQMM vs. BITO - Expense Ratio Comparison
IQMM has a 0.15% expense ratio, which is lower than BITO's 0.95% expense ratio.
Return for Risk
IQMM vs. BITO — Risk / Return Rank
IQMM
BITO
IQMM vs. BITO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares GENIUS Money Market ETF (IQMM) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| IQMM | BITO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 21.20 | -0.08 | +21.27 |
Correlation
The correlation between IQMM and BITO is -0.29. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
IQMM vs. BITO - Dividend Comparison
IQMM's dividend yield for the trailing twelve months is around 0.33%, less than BITO's 80.47% yield.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IQMM ProShares GENIUS Money Market ETF | 0.33% | 0.00% | 0.00% | 0.00% |
BITO ProShares Bitcoin Strategy ETF | 80.47% | 78.29% | 61.59% | 15.14% |
Drawdowns
IQMM vs. BITO - Drawdown Comparison
The maximum IQMM drawdown since its inception was -0.00%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for IQMM and BITO.
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Drawdown Indicators
| IQMM | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -77.86% | +77.86% |
Max Drawdown (1Y)Largest decline over 1 year | — | -50.05% | — |
Current DrawdownCurrent decline from peak | 0.00% | -46.75% | +46.75% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -36.57% | +36.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 23.73% | — |
Volatility
IQMM vs. BITO - Volatility Comparison
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Volatility by Period
| IQMM | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.84% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 36.71% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.16% | 45.32% | -45.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.16% | 55.77% | -55.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.16% | 55.77% | -55.61% |