STHH vs. BITI

Last updated Jul 14, 2026

STHH (STMicroelectronics NV ADRhedged) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - STHH is a Technology Equities fund tracking the STMicroelectronics NV Local Shares Total Return, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. Both are passively managed. Over the past year, STHH returned 121.68% vs 68.34% for BITI. At a correlation of -0.33, they often move in opposite directions. STHH charges 0.19%/yr vs 1.03%/yr for BITI.

Performance

STHH vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STMicroelectronics NV ADRhedged (STHH) 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, STHH achieves a 172.11% return, which is significantly higher than BITI's 28.75% return.

STHH

• 1D: -3.96%
• 1M: -9.60%
• 6M: 147.27%
• YTD: 172.11%
• 1Y: 121.68%
• 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)

STHH vs. BITI - Yearly Performance Comparison

	2026 (YTD)	2025
STHH STMicroelectronics NV ADRhedged	172.11%	17.60%
BITI ProShares Short Bitcoin ETF	28.75%	1.46%

Correlation

The correlation between STHH and BITI is -0.32, 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	-0.32
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.33

Return for Risk

STHH vs. BITI — Risk / Return Rank

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

STHH

STHH Risk / Return Rank: 78
STHH Sharpe Ratio Rank: 88
STHH Sortino Ratio Rank: 78
STHH Omega Ratio Rank: 81
STHH Calmar Ratio Rank: 84
STHH Martin Ratio Rank: 59

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.

STHH vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics NV ADRhedged (STHH) 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.

	STHH	BITI	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.56	+0.72
Sortino ratio: Return per unit of downside risk	2.76	2.13	+0.63
Omega ratio: Gain probability vs. loss probability	1.38	1.26	+0.12
Calmar ratio: Return relative to maximum drawdown	3.61	2.72	+0.89
Martin ratio: Return relative to average drawdown	8.08	6.78	+1.31

STHH vs. BITI - Sharpe Ratio Comparison

The current STHH Sharpe Ratio is 2.28, which is higher than the BITI Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of STHH 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

STHH vs. BITI - Drawdown Comparison

The maximum STHH drawdown since its inception was -33.89%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for STHH and BITI.

Drawdown Indicators

	STHH	BITI	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-92.16%	+58.27%
Max Drawdown (1Y) Largest decline over 1 year	-33.89%	-25.28%	-8.61%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.63%	—
Current Drawdown Current decline from peak	-13.10%	-85.94%	+72.84%
Average Drawdown Average peak-to-trough decline	-10.17%	-68.34%	+58.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.11%	10.11%	+5.00%

Volatility

STHH vs. BITI - Volatility Comparison

STMicroelectronics NV ADRhedged (STHH) has a higher volatility of 21.29% compared to ProShares Short Bitcoin ETF (BITI) at 11.38%. This indicates that STHH's price experiences larger fluctuations and is considered to be riskier than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STHH	BITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.29%	11.38%	+9.91%
Volatility (6M) Calculated over the trailing 6-month period	42.56%	34.25%	+8.31%
Volatility (1Y) Calculated over the trailing 1-year period	53.89%	44.14%	+9.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.97%	52.28%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.97%	52.28%	-0.31%

STHH vs. BITI - Expense Ratio Comparison

STHH has a 0.19% expense ratio, which is lower than BITI's 1.03% expense ratio.

Dividends

STHH vs. BITI - Dividend Comparison

STHH's dividend yield for the trailing twelve months is around 0.74%, 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%
STHH STMicroelectronics NV ADRhedged	0.74%	0.69%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STHH and BITI in my portfolio?

STHH and BITI have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STHH or BITI?

STHH has higher volatility (21.29%) compared to BITI (11.38%). In terms of maximum drawdown, STHH dropped -33.89% vs BITI's -92.16%.

Which ETF is better, STHH or BITI?

On 1-year performance, STHH leads with 121.68% vs 68.34% for BITI. On fees, STHH is cheaper at 0.19% per year. On volatility, BITI has been the lower-risk option at 11.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STHH or BITI?

Over the 1-year period, STHH has performed better with a 121.68% return vs 68.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STHH or BITI?

STHH is cheaper with a 0.19% expense ratio, compared with 1.03% for BITI.

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

BITI has the higher dividend yield at 15.10%, compared with 0.74% for STHH.

What is the main difference between STHH and BITI?

STHH is categorized as Technology Equities, while BITI is Cryptocurrency. STHH tracks STMicroelectronics NV Local Shares Total Return, while BITI tracks Bloomberg Bitcoin Index. They also come from different issuers: ADRhedged and ProShares. Their fees differ too: 0.19% for STHH and 1.03% for BITI.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (2.28 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.