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URE vs. BITO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

URE vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Real Estate (URE) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

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URE vs. BITO - Yearly Performance Comparison


2026 (YTD)20252024202320222021
URE
ProShares Ultra Real Estate
2.38%-3.65%0.35%11.58%-49.64%18.28%
BITO
ProShares Bitcoin Strategy ETF
-22.79%-11.19%104.45%137.33%-63.91%-31.09%

Returns By Period

In the year-to-date period, URE achieves a 2.38% return, which is significantly higher than BITO's -22.79% return.


URE

1D
0.74%
1M
-12.45%
YTD
2.38%
6M
-5.82%
1Y
-6.19%
3Y*
3.57%
5Y*
-2.54%
10Y*
1.93%

BITO

1D
0.60%
1M
-1.72%
YTD
-22.79%
6M
-43.10%
1Y
-23.27%
3Y*
24.87%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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URE vs. BITO - Expense Ratio Comparison

Both URE and BITO have an expense ratio of 0.95%.


Return for Risk

URE vs. BITO — Risk / Return Rank

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

URE
URE Risk / Return Rank: 88
Overall Rank
URE Sharpe Ratio Rank: 88
Sharpe Ratio Rank
URE Sortino Ratio Rank: 99
Sortino Ratio Rank
URE Omega Ratio Rank: 99
Omega Ratio Rank
URE Calmar Ratio Rank: 88
Calmar Ratio Rank
URE Martin Ratio Rank: 66
Martin Ratio Rank

BITO
BITO Risk / Return Rank: 55
Overall Rank
BITO Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BITO Sortino Ratio Rank: 44
Sortino Ratio Rank
BITO Omega Ratio Rank: 55
Omega Ratio Rank
BITO Calmar Ratio Rank: 55
Calmar Ratio Rank
BITO Martin Ratio Rank: 55
Martin Ratio Rank
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.

URE vs. BITO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Real Estate (URE) 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.


UREBITODifference

Sharpe ratio

Return per unit of total volatility

-0.19

-0.52

+0.33

Sortino ratio

Return per unit of downside risk

-0.05

-0.50

+0.45

Omega ratio

Gain probability vs. loss probability

0.99

0.94

+0.05

Calmar ratio

Return relative to maximum drawdown

-0.26

-0.42

+0.16

Martin ratio

Return relative to average drawdown

-0.79

-0.89

+0.09

URE vs. BITO - Sharpe Ratio Comparison

The current URE Sharpe Ratio is -0.19, which is higher than the BITO Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of URE and BITO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


UREBITODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.19

-0.52

+0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.07

-0.08

0.00

Correlation

The correlation between URE and BITO is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

URE vs. BITO - Dividend Comparison

URE's dividend yield for the trailing twelve months is around 2.29%, less than BITO's 80.47% yield.


TTM20252024202320222021202020192018201720162015
URE
ProShares Ultra Real Estate
2.29%2.42%2.09%1.32%1.26%0.58%0.94%1.10%1.53%0.93%0.96%0.81%
BITO
ProShares Bitcoin Strategy ETF
80.47%78.29%61.59%15.14%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

URE vs. BITO - Drawdown Comparison

The maximum URE drawdown since its inception was -97.16%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for URE and BITO.


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Drawdown Indicators


UREBITODifference

Max Drawdown

Largest peak-to-trough decline

-97.16%

-77.86%

-19.30%

Max Drawdown (1Y)

Largest decline over 1 year

-22.93%

-50.05%

+27.12%

Max Drawdown (5Y)

Largest decline over 5 years

-63.66%

Max Drawdown (10Y)

Largest decline over 10 years

-70.49%

Current Drawdown

Current decline from peak

-57.49%

-46.75%

-10.74%

Average Drawdown

Average peak-to-trough decline

-64.63%

-36.57%

-28.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.62%

23.73%

-16.11%

Volatility

URE vs. BITO - Volatility Comparison

The current volatility for ProShares Ultra Real Estate (URE) is 9.32%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 12.84%. This indicates that URE 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


UREBITODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.32%

12.84%

-3.52%

Volatility (6M)

Calculated over the trailing 6-month period

19.04%

36.71%

-17.67%

Volatility (1Y)

Calculated over the trailing 1-year period

32.48%

45.32%

-12.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.23%

55.77%

-18.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

40.49%

55.77%

-15.28%