ISCV vs. BITI
ISCV (iShares Morningstar Small Cap Value ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - ISCV is a Small Cap Value Equities fund tracking the Morningstar US Small Cap Broad Value Extended Index, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. Both are passively managed. Over the past 3 years, ISCV returned 14.68%/yr vs -30.65%/yr for BITI. At a correlation of -0.36, they often move in opposite directions. ISCV charges 0.06%/yr vs 1.03%/yr for BITI.
Performance
ISCV vs. BITI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ISCV achieves a 15.28% return, which is significantly lower than BITI's 28.75% return.
ISCV
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.42%
- YTD
- 15.28%
- 1Y
- 24.92%
- 3Y*
- 14.68%
- 5Y*
- 9.02%
- 10Y*
- 8.81%
BITI
- 1D
- 2.65%
- 1M
- 1.46%
- 6M
- 34.68%
- YTD
- 28.75%
- 1Y
- 68.34%
- 3Y*
- -30.65%
- 5Y*
- —
- 10Y*
- —
ISCV vs. BITI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ISCV iShares Morningstar Small Cap Value ETF | 15.28% | 10.38% | 9.31% | 16.55% | 6.72% |
BITI ProShares Short Bitcoin ETF | 28.75% | -1.76% | -62.60% | -66.17% | 3.39% |
Correlation
The correlation between ISCV and BITI is -0.36, 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 | -0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.33 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022 | -0.36 |
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
ISCV vs. BITI — Risk / Return Rank
ISCV
BITI
ISCV vs. BITI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Small Cap Value ETF (ISCV) and ProShares Short Bitcoin ETF (BITI). 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.
| ISCV | BITI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.26 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 2.72 | -0.01 |
| Martin ratioReturn relative to average drawdown | 9.48 | 6.78 | +2.70 |
Loading charts...
Drawdowns
ISCV vs. BITI - Drawdown Comparison
The maximum ISCV drawdown since its inception was -63.14%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for ISCV and BITI.
Loading charts...
Drawdown Indicators
| ISCV | BITI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.14% | -92.16% | +29.02% |
Max Drawdown (1Y)Largest decline over 1 year | -9.25% | -25.28% | +16.03% |
Max Drawdown (3Y)Largest decline over 3 years | -25.35% | -84.63% | +59.28% |
Max Drawdown (5Y)Largest decline over 5 years | -25.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.56% | — | — |
Current DrawdownCurrent decline from peak | -0.60% | -85.94% | +85.34% |
Average DrawdownAverage peak-to-trough decline | -9.10% | -68.34% | +59.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 10.11% | -7.47% |
Volatility
ISCV vs. BITI - Volatility Comparison
The current volatility for iShares Morningstar Small Cap Value ETF (ISCV) is 3.60%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 11.38%. This indicates that ISCV experiences smaller price fluctuations and is considered to be less risky than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISCV | BITI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 11.38% | -7.78% |
Volatility (6M)Calculated over the trailing 6-month period | 10.44% | 34.25% | -23.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.99% | 44.14% | -28.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.70% | 52.28% | -31.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.20% | 52.28% | -29.08% |
ISCV vs. BITI - Expense Ratio Comparison
ISCV has a 0.06% expense ratio, which is lower than BITI's 1.03% expense ratio.
Dividends
ISCV vs. BITI - Dividend Comparison
ISCV's dividend yield for the trailing twelve months is around 1.85%, less than BITI's 15.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITI ProShares Short Bitcoin ETF | 15.10% | 1.60% | 3.91% | 3.33% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ISCV iShares Morningstar Small Cap Value ETF | 1.85% | 2.04% | 2.01% | 2.21% | 2.12% | 1.95% | 2.01% | 2.36% | 2.48% | 1.74% | 2.49% | 2.60% |
Frequently Asked Questions
ISCV and BITI have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITI has higher volatility (11.38%) compared to ISCV (3.60%). In terms of maximum drawdown, ISCV dropped -63.14% vs BITI's -92.16%.
On 3-year performance, ISCV leads with 14.68% vs -30.65% for BITI. On fees, ISCV is cheaper at 0.06% per year. On volatility, ISCV has been the lower-risk option at 3.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ISCV has performed better with a 14.68% return vs -30.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISCV is cheaper with a 0.06% expense ratio, compared with 1.03% for BITI.
BITI has the higher dividend yield at 15.10%, compared with 1.85% for ISCV.
ISCV is categorized as Small Cap Value Equities, while BITI is Cryptocurrency. ISCV tracks Morningstar US Small Cap Broad Value Extended Index, while BITI tracks Bloomberg Bitcoin Index. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.06% for ISCV and 1.03% for BITI.
ISCV currently has the higher Sharpe Ratio (1.57 vs 1.56), 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 ISCV and BITI
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