QCON vs. BITO

Last updated Jun 4, 2026

QCON (American Century Quality Convertible Securities ETF) and BITO (ProShares Bitcoin Strategy ETF) are both exchange-traded funds - QCON is a Corporate Bonds fund actively managed by American Century, while BITO is a Cryptocurrency fund actively managed by ProShares. Both are actively managed. QCON charges 0.32%/yr vs 0.95%/yr for BITO.

Performance

QCON vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Convertible Securities ETF (QCON) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QCON

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITO

• 1D: -2.94%
• 1M: -18.61%
• YTD: -26.37%
• 6M: -30.81%
• 1Y: -41.01%
• 3Y*: 25.27%
• 5Y*: —
• 10Y*: —

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

QCON vs. BITO - Yearly Performance Comparison

	2026 (YTD)
QCON American Century Quality Convertible Securities ETF	0.00%
BITO ProShares Bitcoin Strategy ETF	-7.68%

QCON vs. BITO - Sectors Allocation Comparison

Sectors	QCON	BITO
Financial Services	7.9%	68.5%
Utilities	1.5%	-
Industrials	1.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

QCON vs. BITO — Risk / Return Rank

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

BITO

BITO Risk / Return Rank: 2
BITO Sharpe Ratio Rank: 2
BITO Sortino Ratio Rank: 2
BITO Omega Ratio Rank: 2
BITO Calmar Ratio Rank: 2
BITO Martin Ratio Rank: 2

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.

QCON vs. BITO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Convertible Securities ETF (QCON) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QCON	BITO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.09	—

Drawdowns

QCON vs. BITO - Drawdown Comparison

The maximum QCON drawdown since its inception was 0.00%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for QCON and BITO.

Drawdown Indicators

	QCON	BITO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-77.86%	+77.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.05%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-50.05%	—
Current Drawdown Current decline from peak	0.00%	-49.22%	+49.22%
Average Drawdown Average peak-to-trough decline	0.00%	-36.73%	+36.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.09%	—

Volatility

Volatility by Period

	QCON	BITO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	43.57%	-43.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	55.11%	-55.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	55.11%	-55.11%

QCON vs. BITO - Expense Ratio Comparison

QCON has a 0.32% expense ratio, which is lower than BITO's 0.95% expense ratio.

Dividends

QCON vs. BITO - Dividend Comparison

QCON has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 67.63%.

Position	TTM	2025	2024	2023
BITO ProShares Bitcoin Strategy ETF	67.63%	78.29%	61.59%	15.14%
QCON American Century Quality Convertible Securities ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QCON or BITO?

On fees, QCON is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QCON or BITO?

QCON is cheaper with a 0.32% expense ratio, compared with 0.95% for BITO.

Which ETF pays a higher dividend yield, QCON or BITO?

BITO has the higher dividend yield at 67.63%, compared with 0.00% for QCON.

What is the main difference between QCON and BITO?

QCON is categorized as Corporate Bonds, while BITO is Cryptocurrency. They also come from different issuers: American Century and ProShares. Their fees differ too: 0.32% for QCON and 0.95% for BITO.