REMG vs. BITI

Last updated Jul 14, 2026

REMG (Russell Investments Emerging Markets Equity ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - REMG is a Emerging Markets Diversified fund actively managed by Russell, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. REMG is actively managed, while BITI is passively managed. Over the past year, REMG returned 38.29% vs 68.34% for BITI. At a correlation of -0.46, they often move in opposite directions. REMG charges 0.64%/yr vs 1.03%/yr for BITI.

Performance

REMG vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Russell Investments Emerging Markets Equity ETF (REMG) 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, REMG achieves a 19.41% return, which is significantly lower than BITI's 28.75% return.

REMG

• 1D: -3.88%
• 1M: -4.57%
• 6M: 12.70%
• YTD: 19.41%
• 1Y: 38.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITI

• 1D: 2.65%
• 1M: 1.46%
• 6M: 34.68%
• YTD: 28.75%
• 1Y: 68.34%
• 3Y*: -30.65%
• 5Y*: —
• 10Y*: —

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

REMG vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025
REMG Russell Investments Emerging Markets Equity ETF	19.41%	24.03%
BITI ProShares Short Bitcoin ETF	28.75%	17.03%

Correlation

The correlation between REMG and BITI is -0.46, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.46
Correlation (All Time) Calculated using the full available price history since May 30, 2025	-0.46

Return for Risk

REMG vs. BITI — Risk / Return Rank

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

REMG

REMG Risk / Return Rank: 63
REMG Sharpe Ratio Rank: 61
REMG Sortino Ratio Rank: 55
REMG Omega Ratio Rank: 63
REMG Calmar Ratio Rank: 68
REMG Martin Ratio Rank: 68

BITI

BITI Risk / Return Rank: 57
BITI Sharpe Ratio Rank: 58
BITI Sortino Ratio Rank: 55
BITI Omega Ratio Rank: 50
BITI Calmar Ratio Rank: 68
BITI Martin Ratio Rank: 51

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.

REMG vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Russell Investments Emerging Markets Equity ETF (REMG) 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.

	REMG	BITI	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.56	+0.05
Sortino ratio: Return per unit of downside risk	2.13	2.13	0.00
Omega ratio: Gain probability vs. loss probability	1.30	1.26	+0.05
Calmar ratio: Return relative to maximum drawdown	2.72	2.72	0.00
Martin ratio: Return relative to average drawdown	9.79	6.78	+3.02

REMG vs. BITI - Sharpe Ratio Comparison

The current REMG Sharpe Ratio is 1.61, which is comparable to the BITI Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of REMG 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

REMG vs. BITI - Drawdown Comparison

The maximum REMG drawdown since its inception was -14.13%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for REMG and BITI.

Drawdown Indicators

	REMG	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-14.13%	-92.16%	+78.03%
Max Drawdown (1Y) Largest decline over 1 year	-14.13%	-25.28%	+11.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.63%	—
Current Drawdown Current decline from peak	-8.97%	-85.94%	+76.97%
Average Drawdown Average peak-to-trough decline	-2.23%	-68.34%	+66.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	10.11%	-6.19%

Volatility

REMG vs. BITI - Volatility Comparison

Russell Investments Emerging Markets Equity ETF (REMG) and ProShares Short Bitcoin ETF (BITI) have volatilities of 11.05% and 11.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REMG	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.05%	11.38%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	21.78%	34.25%	-12.47%
Volatility (1Y) Calculated over the trailing 1-year period	24.00%	44.14%	-20.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.10%	52.28%	-29.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.10%	52.28%	-29.18%

REMG vs. BITI - Expense Ratio Comparison

REMG has a 0.64% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

REMG vs. BITI - Dividend Comparison

REMG's dividend yield for the trailing twelve months is around 1.15%, less than BITI's 15.10% yield.

Position	TTM	2025	2024	2023	2022
BITI ProShares Short Bitcoin ETF	15.10%	1.60%	3.91%	3.33%	0.06%
REMG Russell Investments Emerging Markets Equity ETF	1.15%	1.37%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REMG and BITI in my portfolio?

REMG and BITI have a correlation of -0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REMG or BITI?

BITI has higher volatility (11.38%) compared to REMG (11.05%). In terms of maximum drawdown, REMG dropped -14.13% vs BITI's -92.16%.

Which ETF is better, REMG or BITI?

On 1-year performance, BITI leads with 68.34% vs 38.29% for REMG. On fees, REMG is cheaper at 0.64% per year. On volatility, REMG has been the lower-risk option at 11.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REMG or BITI?

Over the 1-year period, BITI has performed better with a 68.34% return vs 38.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REMG or BITI?

REMG is cheaper with a 0.64% expense ratio, compared with 1.03% for BITI.

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

BITI has the higher dividend yield at 15.10%, compared with 1.15% for REMG.

What is the main difference between REMG and BITI?

REMG is categorized as Emerging Markets Diversified, while BITI is Cryptocurrency. They also come from different issuers: Russell and ProShares. Their fees differ too: 0.64% for REMG and 1.03% for BITI.

Which has better risk-adjusted returns?

REMG currently has the higher Sharpe Ratio (1.61 vs 1.56), 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.