NVDB vs. BITU
NVDB (ProShares Ultra NVDA) and BITU (Proshares Ultra Bitcoin ETF) are both exchange-traded funds - NVDB is a Leveraged Equities fund tracking the NVIDIA Corporation, while BITU is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index - Benchmark TR Gross. Both are passively managed. Their 0.33 correlation means their historical movements had little consistent relationship. Both charge a 0.95% expense ratio.
Performance
NVDB vs. BITU - Performance Comparison
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Returns By Period
In the year-to-date period, NVDB achieves a -1.03% return, which is significantly higher than BITU's -58.54% return.
NVDB
- 1D
- 5.52%
- 1M
- 3.80%
- 6M
- -4.26%
- YTD
- -1.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BITU
- 1D
- -5.81%
- 1M
- 2.83%
- 6M
- -53.44%
- YTD
- -58.54%
- 1Y
- -78.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -34.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $38.79M | $39.32M | $47.38M | |
| $471.67K | $569.36K | $937.39K |
NVDB vs. BITU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVDB ProShares Ultra NVDA | -1.03% | 1.98% |
BITU Proshares Ultra Bitcoin ETF | -58.54% | -44.30% |
Correlation
The correlation between NVDB and BITU is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025 | 0.33 |
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Return for Risk
NVDB vs. BITU — Risk / Return Rank
NVDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITU
NVDB vs. BITU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra NVDA (NVDB) and Proshares Ultra Bitcoin ETF (BITU). 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.
| NVDB | BITU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.80 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.96 | — |
| Martin ratioReturn relative to average drawdown | — | -1.34 | — |
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Drawdowns
NVDB vs. BITU - Drawdown Comparison
The maximum NVDB drawdown since its inception was -42.89%, smaller than the maximum BITU drawdown of -83.45%. Use the drawdown chart below to compare losses from any high point for NVDB and BITU.
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Drawdown Indicators
| NVDB | BITU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.89% | -83.45% | +40.56% |
Max Drawdown (1Y)Largest decline over 1 year | — | -83.45% | — |
Current DrawdownCurrent decline from peak | -31.90% | -81.46% | +49.56% |
Average DrawdownAverage peak-to-trough decline | -20.44% | -37.61% | +17.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 59.30% | — |
Volatility
NVDB vs. BITU - Volatility Comparison
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Volatility by Period
| NVDB | BITU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 17.90% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 67.92% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 74.23% | 88.38% | -14.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.23% | 96.07% | -21.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.23% | 96.07% | -21.84% |
NVDB vs. BITU - Expense Ratio Comparison
Both NVDB and BITU have an expense ratio of 0.95%.
Dividends
NVDB vs. BITU - Dividend Comparison
NVDB's dividend yield for the trailing twelve months is around 1.63%, less than BITU's 93.04% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BITU Proshares Ultra Bitcoin ETF | 82.40% | 50.23% | 0.12% |
NVDB ProShares Ultra NVDA | 1.63% | 0.55% | 0.00% |
Frequently Asked Questions
NVDB and BITU have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NVDB and BITU have the same expense ratio: 0.95% per year.
BITU has the higher dividend yield at 82.40%, compared with 1.63% for NVDB.
NVDB is categorized as Leveraged Equities, while BITU is Cryptocurrency. NVDB tracks NVIDIA Corporation, while BITU tracks Bloomberg Bitcoin Index - Benchmark TR Gross.
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