QQXL vs. BITU
QQXL (ProShares Ultra QQQ Top 30) and BITU (Proshares Ultra Bitcoin ETF) are both exchange-traded funds - QQXL is a Leveraged Equities fund actively managed by ProShares, while BITU is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index - Benchmark TR Gross. QQXL is actively managed, while BITU is passively managed. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.
Performance
QQXL vs. BITU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQXL achieves a 26.49% return, which is significantly higher than BITU's -56.31% return.
QQXL
- 1D
- -4.24%
- 1M
- -6.86%
- 6M
- 24.58%
- YTD
- 26.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITU
- 1D
- -2.15%
- 1M
- -6.47%
- 6M
- -62.62%
- YTD
- -56.31%
- 1Y
- -79.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQXL vs. BITU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 26.49% | 9.00% |
BITU Proshares Ultra Bitcoin ETF | -56.31% | -51.28% |
Correlation
The correlation between QQXL and BITU is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 15, 2025 | 0.49 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQXL vs. BITU — Risk / Return Rank
QQXL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITU
QQXL vs. BITU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) 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.
| QQXL | 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 | — | -0.95 | — |
| Martin ratioReturn relative to average drawdown | — | -1.40 | — |
Loading charts...
Drawdowns
QQXL vs. BITU - Drawdown Comparison
The maximum QQXL drawdown since its inception was -27.34%, smaller than the maximum BITU drawdown of -83.45%. Use the drawdown chart below to compare losses from any high point for QQXL and BITU.
Loading charts...
Drawdown Indicators
| QQXL | BITU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -83.45% | +56.11% |
Max Drawdown (1Y)Largest decline over 1 year | — | -83.45% | — |
Current DrawdownCurrent decline from peak | -12.45% | -80.46% | +68.01% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -36.79% | +29.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 56.89% | — |
Volatility
QQXL vs. BITU - Volatility Comparison
Loading charts...
Volatility by Period
| QQXL | BITU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 21.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 70.10% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 41.46% | 88.22% | -46.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.46% | 96.74% | -55.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.46% | 96.74% | -55.28% |
QQXL vs. BITU - Expense Ratio Comparison
Both QQXL and BITU have an expense ratio of 0.95%.
Dividends
QQXL vs. BITU - Dividend Comparison
QQXL's dividend yield for the trailing twelve months is around 0.80%, less than BITU's 88.27% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BITU Proshares Ultra Bitcoin ETF | 88.27% | 50.23% | 0.12% |
QQXL ProShares Ultra QQQ Top 30 | 0.80% | 0.08% | 0.00% |
Frequently Asked Questions
QQXL and BITU have a correlation of 0.49, 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.
QQXL and BITU have the same expense ratio: 0.95% per year.
BITU has the higher dividend yield at 88.27%, compared with 0.80% for QQXL.
QQXL is categorized as Leveraged Equities, while BITU is Cryptocurrency.
Find the right allocation for QQXL and BITU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer