MYLD vs. BITI

Last updated Aug 1, 2026

MYLD (Cambria Micro And Smallcap Shareholder Yield ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - MYLD is a Small Cap Value Equities fund actively managed by Cambria, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. MYLD is actively managed, while BITI is passively managed. Over the past year, MYLD returned 47.22% vs 58.64% for BITI. Their -0.30 correlation means they have often moved in opposite directions in the past. MYLD charges 0.59%/yr vs 1.03%/yr for BITI.

Performance

MYLD vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Micro And Smallcap Shareholder Yield ETF (MYLD) 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, MYLD achieves a 25.12% return, which is significantly lower than BITI's 27.11% return.

MYLD

• 1D: -0.51%
• 1M: 3.43%
• 6M: 16.52%
• YTD: 25.12%
• 1Y: 47.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.25%

BITI

• 1D: 3.01%
• 1M: -2.58%
• 6M: 22.77%
• YTD: 27.11%
• 1Y: 58.64%
• 3Y*: -31.77%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -35.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BITI ProShares Short Bitcoin ETF	$24.10M	$26.49M	$38.71M
MYLD Cambria Micro And Smallcap Shareholder Yield ETF	$126.33K	$349.61K	$181.38K

MYLD vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYLD Cambria Micro And Smallcap Shareholder Yield ETF	25.12%	10.48%	6.53%
BITI ProShares Short Bitcoin ETF	27.11%	-1.76%	-61.78%

Correlation

The correlation between MYLD and BITI is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.21
Correlation (All Time) Calculated using the full available price history since Jan 4, 2024	-0.30

Return for Risk

MYLD vs. BITI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MYLD

MYLD Risk / Return Rank: 92
MYLD Sharpe Ratio Rank: 93
MYLD Sortino Ratio Rank: 93
MYLD Omega Ratio Rank: 91
MYLD Calmar Ratio Rank: 93
MYLD Martin Ratio Rank: 89

BITI

BITI Risk / Return Rank: 61
BITI Sharpe Ratio Rank: 63
BITI Sortino Ratio Rank: 60
BITI Omega Ratio Rank: 55
BITI Calmar Ratio Rank: 73
BITI Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MYLD vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Micro And Smallcap Shareholder Yield ETF (MYLD) 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.

	MYLD	BITI	Difference
Sharpe ratio: Return per unit of total volatility	2.47	1.45	+1.02
Sortino ratio: Return per unit of downside risk	3.53	2.02	+1.51
Omega ratio: Gain probability vs. loss probability	1.44	1.24	+0.20
Calmar ratio: Return relative to maximum drawdown	4.43	2.53	+1.90
Martin ratio: Return relative to average drawdown	13.65	6.17	+7.47

MYLD vs. BITI - Sharpe Ratio Comparison

The current MYLD Sharpe Ratio is 2.47, which is higher than the BITI Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of MYLD 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

MYLD vs. BITI - Drawdown Comparison

The maximum MYLD drawdown since its inception was -28.23%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for MYLD and BITI.

Drawdown Indicators

	MYLD	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-28.23%	-92.16%	+63.93%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-25.28%	+15.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.63%	—
Current Drawdown Current decline from peak	-1.93%	-86.12%	+84.19%
Average Drawdown Average peak-to-trough decline	-5.67%	-68.59%	+62.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.22%	10.35%	-7.13%

Volatility

MYLD vs. BITI - Volatility Comparison

The current volatility for Cambria Micro And Smallcap Shareholder Yield ETF (MYLD) is 4.72%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 9.13%. This indicates that MYLD 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

	MYLD	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	9.13%	-4.41%
Volatility (6M) Calculated over the trailing 6-month period	11.63%	33.31%	-21.68%
Volatility (1Y) Calculated over the trailing 1-year period	17.84%	44.23%	-26.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.72%	52.03%	-32.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.72%	52.03%	-32.31%

MYLD vs. BITI - Expense Ratio Comparison

MYLD has a 0.59% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

MYLD vs. BITI - Dividend Comparison

MYLD's dividend yield for the trailing twelve months is around 2.11%, less than BITI's 15.30% yield.

Position	TTM	2025	2024	2023	2022
BITI ProShares Short Bitcoin ETF	15.17%	1.60%	3.91%	3.33%	0.06%
MYLD Cambria Micro And Smallcap Shareholder Yield ETF	2.11%	6.22%	3.26%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYLD and BITI in my portfolio?

MYLD and BITI have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYLD or BITI?

BITI has higher volatility (9.13%) compared to MYLD (4.72%). In terms of maximum drawdown, MYLD dropped -28.23% vs BITI's -92.16%.

Which ETF is better, MYLD or BITI?

On 1-year performance, BITI leads with 58.64% vs 47.22% for MYLD. On fees, MYLD is cheaper at 0.59% per year. On volatility, MYLD has been the lower-risk option at 4.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYLD or BITI?

Over the 1-year period, BITI has performed better with a 58.64% return vs 47.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYLD or BITI?

MYLD is cheaper with a 0.59% expense ratio, compared with 1.03% for BITI.

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

BITI has the higher dividend yield at 15.17%, compared with 2.11% for MYLD.

What is the main difference between MYLD and BITI?

MYLD is categorized as Small Cap Value Equities, while BITI is Cryptocurrency. They also come from different issuers: Cambria and ProShares. Their fees differ too: 0.59% for MYLD and 1.03% for BITI.

Which has better risk-adjusted returns?

MYLD currently has the higher Sharpe Ratio (2.47 vs 1.45), 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.