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PRU.TO vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRU.TO and BITO is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

PRU.TO vs. BITO

Last updated May 31, 2025

Compare and contrast key facts about Perseus Mining Limited (PRU.TO) and ProShares Bitcoin Strategy ETF (BITO).

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: PRU.TO or BITO.

Performance

PRU.TO vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Perseus Mining Limited (PRU.TO) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PRU.TO:

1.88

BITO:

0.80

Sortino Ratio

PRU.TO:

2.35

BITO:

1.43

Omega Ratio

PRU.TO:

1.29

BITO:

1.17

Calmar Ratio

PRU.TO:

1.45

BITO:

1.40

Martin Ratio

PRU.TO:

8.40

BITO:

3.12

Ulcer Index

PRU.TO:

8.14%

BITO:

13.92%

Daily Std Dev

PRU.TO:

37.89%

BITO:

53.54%

Max Drawdown

PRU.TO:

-95.46%

BITO:

-77.86%

Current Drawdown

PRU.TO:

-9.17%

BITO:

-6.06%

Returns By Period

In the year-to-date period, PRU.TO achieves a 51.99% return, which is significantly higher than BITO's 9.30% return.

PRU.TO

YTD

51.99%

1M

15.25%

6M

43.19%

1Y

70.77%

3Y*

29.93%

5Y*

26.60%

10Y*

24.08%

BITO

YTD

9.30%

1M

10.69%

6M

3.69%

1Y

42.65%

3Y*

41.59%

5Y*

N/A

10Y*

N/A

*Annualized

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Perseus Mining Limited

ProShares Bitcoin Strategy ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

PRU.TO vs. BITO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PRU.TO
The Risk-Adjusted Performance Rank of PRU.TO is 9090
Overall Rank
The Sharpe Ratio Rank of PRU.TO is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of PRU.TO is 8989
Sortino Ratio Rank
The Omega Ratio Rank of PRU.TO is 8686
Omega Ratio Rank
The Calmar Ratio Rank of PRU.TO is 8888
Calmar Ratio Rank
The Martin Ratio Rank of PRU.TO is 9292
Martin Ratio Rank
BITO
The Risk-Adjusted Performance Rank of BITO is 7575
Overall Rank
The Sharpe Ratio Rank of BITO is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of BITO is 7878
Sortino Ratio Rank
The Omega Ratio Rank of BITO is 7070
Omega Ratio Rank
The Calmar Ratio Rank of BITO is 8787
Calmar Ratio Rank
The Martin Ratio Rank of BITO is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PRU.TO vs. BITO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Perseus Mining Limited (PRU.TO) 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.

The current PRU.TO Sharpe Ratio is 1.88, which is higher than the BITO Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of PRU.TO and BITO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

PRU.TO vs. BITO - Dividend Comparison

PRU.TO's dividend yield for the trailing twelve months is around 3.72%, less than BITO's 57.63% yield.

TTM2024202320222021
PRU.TO
Perseus Mining Limited		3.72%3.73%1.87%1.17%0.92%
BITO
ProShares Bitcoin Strategy ETF		57.63%61.58%15.14%0.00%0.00%

Drawdowns

PRU.TO vs. BITO - Drawdown Comparison

The maximum PRU.TO drawdown since its inception was -95.46%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for PRU.TO and BITO.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

PRU.TO vs. BITO - Volatility Comparison

Perseus Mining Limited (PRU.TO) has a higher volatility of 12.61% compared to ProShares Bitcoin Strategy ETF (BITO) at 9.55%. This indicates that PRU.TO'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.

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