LFGY vs. BITO
Compare and contrast key facts about YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and ProShares Bitcoin Strategy ETF (BITO).
LFGY and BITO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LFGY is an actively managed fund by YieldMax. It was launched on Jan 13, 2025. BITO is an actively managed fund by ProShares. It was launched on Oct 19, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LFGY or BITO.
Correlation
The correlation between LFGY and BITO is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LFGY vs. BITO - Performance Comparison
Key characteristics
LFGY:
59.16%
BITO:
55.22%
LFGY:
-34.73%
BITO:
-77.86%
LFGY:
-21.33%
BITO:
-14.26%
Returns By Period
LFGY
N/A
-3.51%
N/A
N/A
N/A
N/A
BITO
-1.44%
5.96%
32.61%
37.76%
N/A
N/A
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LFGY vs. BITO - Expense Ratio Comparison
LFGY has a 0.99% expense ratio, which is higher than BITO's 0.95% expense ratio.
Risk-Adjusted Performance
LFGY vs. BITO — Risk-Adjusted Performance Rank
LFGY
BITO
LFGY vs. BITO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) 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.
Not enough dataDividends
LFGY vs. BITO - Dividend Comparison
LFGY's dividend yield for the trailing twelve months is around 18.47%, less than BITO's 67.78% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF | 18.47% | 0.00% | 0.00% |
BITO ProShares Bitcoin Strategy ETF | 67.78% | 61.58% | 15.14% |
Drawdowns
LFGY vs. BITO - Drawdown Comparison
The maximum LFGY drawdown since its inception was -34.73%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for LFGY and BITO. For additional features, visit the drawdowns tool.
Volatility
LFGY vs. BITO - Volatility Comparison
YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has a higher volatility of 20.73% compared to ProShares Bitcoin Strategy ETF (BITO) at 16.72%. This indicates that LFGY's price experiences larger fluctuations and is considered to be riskier than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.