RINF vs. BITO
RINF (ProShares Inflation Expectations ETF) and BITO (ProShares Bitcoin Strategy ETF) are both exchange-traded funds - RINF is a Inflation-Protected Bonds fund tracking the FTSE 30-Year TIPS (Treasury Rate-Hedged) Index, while BITO is a Cryptocurrency fund actively managed by ProShares. RINF is passively managed, while BITO is actively managed. Over the past 3 years, RINF returned 3.46%/yr vs 22.46%/yr for BITO. Their 0.11 correlation means their historical movements had little consistent relationship. RINF charges 0.30%/yr vs 0.95%/yr for BITO.
Performance
RINF vs. BITO - Performance Comparison
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Returns By Period
In the year-to-date period, RINF achieves a 2.82% return, which is significantly higher than BITO's -27.98% return.
RINF
- 1D
- -0.25%
- 1M
- 1.11%
- 6M
- 2.17%
- YTD
- 2.82%
- 1Y
- 4.00%
- 3Y*
- 3.46%
- 5Y*
- 6.01%
- 10Y*
- 4.69%
- ALL TIME*
- 0.99%
BITO
- 1D
- 0.58%
- 1M
- 4.24%
- 6M
- -17.22%
- YTD
- -27.98%
- 1Y
- -46.07%
- 3Y*
- 22.46%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -4.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.25B | $2.50B | $2.06B | |
| $105.36K | $112.30K | $130.83K |
RINF vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RINF ProShares Inflation Expectations ETF | 2.82% | 1.64% | 9.79% | 0.21% | 8.77% | 1.64% |
BITO ProShares Bitcoin Strategy ETF | -27.98% | -11.19% | 104.45% | 137.33% | -63.91% | -29.31% |
Correlation
The correlation between RINF and BITO is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2021 | 0.11 |
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Return for Risk
RINF vs. BITO — Risk / Return Rank
RINF
BITO
RINF vs. BITO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Inflation Expectations ETF (RINF) 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.
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.
| RINF | BITO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.83 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | -0.85 | +2.60 |
| Martin ratioReturn relative to average drawdown | 4.34 | -1.29 | +5.63 |
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Drawdowns
RINF vs. BITO - Drawdown Comparison
The maximum RINF drawdown since its inception was -43.51%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for RINF and BITO.
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Drawdown Indicators
| RINF | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.51% | -77.86% | +34.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.29% | -54.47% | +52.18% |
Max Drawdown (3Y)Largest decline over 3 years | -9.62% | -54.47% | +44.85% |
Max Drawdown (5Y)Largest decline over 5 years | -13.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -29.18% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -50.33% | +49.99% |
Average DrawdownAverage peak-to-trough decline | -16.27% | -37.20% | +20.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 35.76% | -34.84% |
Volatility
RINF vs. BITO - Volatility Comparison
The current volatility for ProShares Inflation Expectations ETF (RINF) is 1.51%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 8.00%. This indicates that RINF experiences smaller price fluctuations and is considered to be less risky than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RINF | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 8.00% | -6.49% |
Volatility (6M)Calculated over the trailing 6-month period | 3.14% | 32.76% | -29.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.21% | 44.12% | -39.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.50% | 54.56% | -42.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.54% | 54.56% | -42.02% |
RINF vs. BITO - Expense Ratio Comparison
RINF has a 0.30% expense ratio, which is lower than BITO's 0.95% expense ratio.
Dividends
RINF vs. BITO - Dividend Comparison
RINF's dividend yield for the trailing twelve months is around 3.65%, less than BITO's 46.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITO ProShares Bitcoin Strategy ETF | 46.76% | 78.29% | 61.59% | 15.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RINF ProShares Inflation Expectations ETF | 3.65% | 3.89% | 4.68% | 5.07% | 1.15% | 2.76% | 0.82% | 1.90% | 2.47% | 2.99% | 1.09% | 1.83% |
Frequently Asked Questions
RINF and BITO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITO has higher volatility (8.00%) compared to RINF (1.51%). In terms of maximum drawdown, RINF dropped -43.51% vs BITO's -77.86%.
On 3-year performance, BITO leads with 22.46% vs 3.46% for RINF. On fees, RINF is cheaper at 0.30% per year. On volatility, RINF has been the lower-risk option at 1.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, BITO has performed better with a 22.46% return vs 3.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RINF is cheaper with a 0.30% expense ratio, compared with 0.95% for BITO.
BITO has the higher dividend yield at 46.76%, compared with 3.65% for RINF.
RINF is categorized as Inflation-Protected Bonds, while BITO is Cryptocurrency. Their fees differ too: 0.30% for RINF and 0.95% for BITO.
RINF currently has the higher Sharpe Ratio (0.95 vs -1.05), 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.
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