RIOT vs. BITO
Compare and contrast key facts about Riot Blockchain, Inc. (RIOT) 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: RIOT or BITO.
Correlation
The correlation between RIOT and BITO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RIOT vs. BITO - Performance Comparison
Key characteristics
RIOT:
-0.31
BITO:
1.82
RIOT:
0.14
BITO:
2.47
RIOT:
1.02
BITO:
1.29
RIOT:
-0.30
BITO:
2.22
RIOT:
-0.67
BITO:
7.75
RIOT:
44.17%
BITO:
13.51%
RIOT:
95.18%
BITO:
57.57%
RIOT:
-99.98%
BITO:
-77.86%
RIOT:
-99.64%
BITO:
-9.85%
Returns By Period
In the year-to-date period, RIOT achieves a -25.34% return, which is significantly lower than BITO's 113.45% return.
RIOT
-25.34%
-4.94%
20.94%
-31.04%
54.19%
-0.25%
BITO
113.45%
1.10%
45.67%
103.62%
N/A
N/A
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Risk-Adjusted Performance
RIOT vs. BITO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Riot Blockchain, Inc. (RIOT) 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.
Dividends
RIOT vs. BITO - Dividend Comparison
RIOT has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 52.26%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Riot Blockchain, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.52% |
ProShares Bitcoin Strategy ETF | 52.26% | 15.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RIOT vs. BITO - Drawdown Comparison
The maximum RIOT drawdown since its inception was -99.98%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for RIOT and BITO. For additional features, visit the drawdowns tool.
Volatility
RIOT vs. BITO - Volatility Comparison
Riot Blockchain, Inc. (RIOT) has a higher volatility of 31.79% compared to ProShares Bitcoin Strategy ETF (BITO) at 16.28%. This indicates that RIOT'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.