ITDC vs. BITI

Last updated Jul 14, 2026

ITDC (Ishares Lifepath Target Date 2035 ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - ITDC is a Target Retirement Date fund actively managed by iShares, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. ITDC is actively managed, while BITI is passively managed. Over the past year, ITDC returned 15.53% vs 68.34% for BITI. At a correlation of -0.37, they often move in opposite directions. ITDC charges 0.10%/yr vs 1.03%/yr for BITI.

Performance

ITDC vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2035 ETF (ITDC) and ProShares Short Bitcoin ETF (BITI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDC achieves a 7.23% return, which is significantly lower than BITI's 28.75% return.

ITDC

• 1D: -0.82%
• 1M: -0.09%
• 6M: 5.16%
• YTD: 7.23%
• 1Y: 15.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITI

• 1D: 2.65%
• 1M: 1.46%
• 6M: 34.68%
• YTD: 28.75%
• 1Y: 68.34%
• 3Y*: -30.65%
• 5Y*: —
• 10Y*: —

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

ITDC vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDC Ishares Lifepath Target Date 2035 ETF	7.23%	16.10%	11.41%	12.40%
BITI ProShares Short Bitcoin ETF	28.75%	-1.76%	-62.60%	-33.90%

Correlation

The correlation between ITDC and BITI is -0.48, 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	-0.48
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023	-0.37

The correlation between ITDC and BITI shifts across timeframes, from -0.48 (1 year) to -0.37 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ITDC vs. BITI — Risk / Return Rank

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

ITDC

ITDC Risk / Return Rank: 66
ITDC Sharpe Ratio Rank: 67
ITDC Sortino Ratio Rank: 67
ITDC Omega Ratio Rank: 68
ITDC Calmar Ratio Rank: 59
ITDC Martin Ratio Rank: 70

BITI

BITI Risk / Return Rank: 57
BITI Sharpe Ratio Rank: 58
BITI Sortino Ratio Rank: 55
BITI Omega Ratio Rank: 50
BITI Calmar Ratio Rank: 68
BITI Martin Ratio Rank: 51

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.

ITDC vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2035 ETF (ITDC) 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.

	ITDC	BITI	Difference
Sharpe ratio: Return per unit of total volatility	1.73	1.56	+0.17
Sortino ratio: Return per unit of downside risk	2.44	2.13	+0.31
Omega ratio: Gain probability vs. loss probability	1.32	1.26	+0.07
Calmar ratio: Return relative to maximum drawdown	2.35	2.72	-0.37
Martin ratio: Return relative to average drawdown	10.20	6.78	+3.42

ITDC vs. BITI - Sharpe Ratio Comparison

The current ITDC Sharpe Ratio is 1.73, which is comparable to the BITI Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of ITDC and BITI, 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

ITDC vs. BITI - Drawdown Comparison

The maximum ITDC drawdown since its inception was -10.39%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for ITDC and BITI.

Drawdown Indicators

	ITDC	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-10.39%	-92.16%	+81.77%
Max Drawdown (1Y) Largest decline over 1 year	-6.63%	-25.28%	+18.65%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.63%	—
Current Drawdown Current decline from peak	-1.09%	-85.94%	+84.85%
Average Drawdown Average peak-to-trough decline	-1.07%	-68.34%	+67.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	10.11%	-8.58%

Volatility

ITDC vs. BITI - Volatility Comparison

The current volatility for Ishares Lifepath Target Date 2035 ETF (ITDC) is 2.91%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 11.38%. This indicates that ITDC 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.

Volatility by Period

	ITDC	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	11.38%	-8.47%
Volatility (6M) Calculated over the trailing 6-month period	7.60%	34.25%	-26.65%
Volatility (1Y) Calculated over the trailing 1-year period	9.05%	44.14%	-35.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.09%	52.28%	-42.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.09%	52.28%	-42.19%

ITDC vs. BITI - Expense Ratio Comparison

ITDC has a 0.10% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

ITDC vs. BITI - Dividend Comparison

ITDC's dividend yield for the trailing twelve months is around 1.89%, less than BITI's 15.10% yield.

Position	TTM	2025	2024	2023	2022
BITI ProShares Short Bitcoin ETF	15.10%	1.60%	3.91%	3.33%	0.06%
ITDC Ishares Lifepath Target Date 2035 ETF	1.89%	2.02%	1.93%	0.84%	0.00%

Frequently Asked Questions

Can I hold both ITDC and BITI in my portfolio?

ITDC and BITI have a correlation of -0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDC or BITI?

BITI has higher volatility (11.38%) compared to ITDC (2.91%). In terms of maximum drawdown, ITDC dropped -10.39% vs BITI's -92.16%.

Which ETF is better, ITDC or BITI?

On 1-year performance, BITI leads with 68.34% vs 15.53% for ITDC. On fees, ITDC is cheaper at 0.10% per year. On volatility, ITDC has been the lower-risk option at 2.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDC or BITI?

Over the 1-year period, BITI has performed better with a 68.34% return vs 15.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDC or BITI?

ITDC is cheaper with a 0.10% expense ratio, compared with 1.03% for BITI.

Which ETF pays a higher dividend yield, ITDC or BITI?

BITI has the higher dividend yield at 15.10%, compared with 1.89% for ITDC.

What is the main difference between ITDC and BITI?

ITDC is categorized as Target Retirement Date, while BITI is Cryptocurrency. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.10% for ITDC and 1.03% for BITI.

Which has better risk-adjusted returns?

ITDC currently has the higher Sharpe Ratio (1.73 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.