SRTY vs. BITO
Compare and contrast key facts about ProShares UltraPro Short Russell2000 (SRTY) and ProShares Bitcoin Strategy ETF (BITO).
SRTY and BITO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SRTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (-300%). It was launched on Feb 11, 2010. BITO is an actively managed fund by ProShares. It was launched on Oct 19, 2021.
Performance
SRTY vs. BITO - Performance Comparison
Loading graphics...
SRTY vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SRTY ProShares UltraPro Short Russell2000 | -5.72% | -40.55% | -32.91% | -42.02% | 28.99% | -3.11% |
BITO ProShares Bitcoin Strategy ETF | -23.25% | -11.19% | 104.45% | 137.33% | -63.91% | -31.09% |
Returns By Period
In the year-to-date period, SRTY achieves a -5.72% return, which is significantly higher than BITO's -23.25% return.
SRTY
- 1D
- -10.37%
- 1M
- 13.97%
- YTD
- -5.72%
- 6M
- -13.38%
- 1Y
- -57.84%
- 3Y*
- -37.50%
- 5Y*
- -25.46%
- 10Y*
- -41.91%
BITO
- 1D
- 1.75%
- 1M
- 2.92%
- YTD
- -23.25%
- 6M
- -41.96%
- 1Y
- -21.48%
- 3Y*
- 24.62%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SRTY vs. BITO - Expense Ratio Comparison
Both SRTY and BITO have an expense ratio of 0.95%.
Return for Risk
SRTY vs. BITO — Risk / Return Rank
SRTY
BITO
SRTY vs. BITO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Russell2000 (SRTY) 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.
| SRTY | BITO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.84 | -0.48 | -0.36 |
Sortino ratioReturn per unit of downside risk | -1.21 | -0.43 | -0.78 |
Omega ratioGain probability vs. loss probability | 0.86 | 0.95 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | -0.75 | -0.46 | -0.29 |
Martin ratioReturn relative to average drawdown | -0.94 | -0.97 | +0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SRTY | BITO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.84 | -0.48 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.67 | -0.08 | -0.59 |
Correlation
The correlation between SRTY and BITO is -0.45. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
SRTY vs. BITO - Dividend Comparison
SRTY's dividend yield for the trailing twelve months is around 5.80%, less than BITO's 84.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SRTY ProShares UltraPro Short Russell2000 | 5.80% | 6.87% | 9.40% | 4.93% | 0.17% | 0.00% | 0.95% | 2.13% | 0.70% | 0.04% |
BITO ProShares Bitcoin Strategy ETF | 84.71% | 78.29% | 61.59% | 15.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SRTY vs. BITO - Drawdown Comparison
The maximum SRTY drawdown since its inception was -99.99%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for SRTY and BITO.
Loading graphics...
Drawdown Indicators
| SRTY | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -77.86% | -22.13% |
Max Drawdown (1Y)Largest decline over 1 year | -76.28% | -50.05% | -26.23% |
Max Drawdown (5Y)Largest decline over 5 years | -88.24% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.67% | — | — |
Current DrawdownCurrent decline from peak | -99.99% | -47.07% | -52.92% |
Average DrawdownAverage peak-to-trough decline | -93.71% | -36.56% | -57.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 61.09% | 23.55% | +37.54% |
Volatility
SRTY vs. BITO - Volatility Comparison
ProShares UltraPro Short Russell2000 (SRTY) has a higher volatility of 22.45% compared to ProShares Bitcoin Strategy ETF (BITO) at 12.89%. This indicates that SRTY'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.
Loading graphics...
Volatility by Period
| SRTY | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.45% | 12.89% | +9.56% |
Volatility (6M)Calculated over the trailing 6-month period | 43.37% | 36.69% | +6.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.30% | 45.35% | +23.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.50% | 55.79% | +11.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.22% | 55.79% | +12.43% |