SGRT vs. BITI
SGRT (SMART Earnings Growth ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - SGRT is a Large Cap Growth Equities fund, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. SGRT is actively managed, while BITI is passively managed. Their -0.42 correlation means they have often moved in opposite directions in the past. SGRT charges 0.59%/yr vs 1.03%/yr for BITI.
Performance
SGRT vs. BITI - Performance Comparison
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Returns By Period
In the year-to-date period, SGRT achieves a 25.07% return, which is significantly lower than BITI's 27.11% return.
SGRT
- 1D
- -0.19%
- 1M
- -7.04%
- 6M
- 20.49%
- YTD
- 25.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BITI
- 1D
- 3.01%
- 1M
- -2.58%
- 6M
- 22.77%
- YTD
- 27.11%
- 1Y
- 58.64%
- 3Y*
- -31.77%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -35.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $24.10M | $26.49M | $38.71M | |
| $998.46K | $1.36M | $2.23M |
SGRT vs. BITI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SGRT SMART Earnings Growth ETF | 25.07% | 26.83% |
BITI ProShares Short Bitcoin ETF | 27.11% | 24.94% |
Correlation
The correlation between SGRT and BITI is -0.42, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025 | -0.42 |
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Return for Risk
SGRT vs. BITI — Risk / Return Rank
SGRT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITI
SGRT vs. BITI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SMART Earnings Growth ETF (SGRT) 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.
| SGRT | BITI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.53 | — |
| Martin ratioReturn relative to average drawdown | — | 6.17 | — |
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Drawdowns
SGRT vs. BITI - Drawdown Comparison
The maximum SGRT drawdown since its inception was -24.98%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for SGRT and BITI.
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Drawdown Indicators
| SGRT | BITI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.98% | -92.16% | +67.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -25.28% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -84.63% | — |
Current DrawdownCurrent decline from peak | -18.61% | -86.12% | +67.51% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -68.59% | +64.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.35% | — |
Volatility
SGRT vs. BITI - Volatility Comparison
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Volatility by Period
| SGRT | BITI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 38.93% | 44.23% | -5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.93% | 52.03% | -13.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.93% | 52.03% | -13.10% |
SGRT vs. BITI - Expense Ratio Comparison
SGRT has a 0.59% expense ratio, which is lower than BITI's 1.03% expense ratio.
Dividends
SGRT vs. BITI - Dividend Comparison
SGRT's dividend yield for the trailing twelve months is around 0.13%, less than BITI's 15.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BITI ProShares Short Bitcoin ETF | 15.17% | 1.60% | 3.91% | 3.33% | 0.06% |
SGRT SMART Earnings Growth ETF | 0.13% | 0.16% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SGRT and BITI have a correlation of -0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGRT is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGRT is cheaper with a 0.59% expense ratio, compared with 1.03% for BITI.
BITI has the higher dividend yield at 15.17%, compared with 0.13% for SGRT.
SGRT is categorized as Large Cap Growth Equities, while BITI is Cryptocurrency. Their fees differ too: 0.59% for SGRT and 1.03% for BITI.
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