VCR vs. SBIT

Last updated Jul 15, 2026

VCR (Vanguard Consumer Discretionary ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - VCR is a Consumer Discretionary Equities fund tracking the MSCI US Investable Market Consumer Discretionary 25/50 Index, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). Both are passively managed. Over the past year, VCR returned 6.57% vs 113.21% for SBIT. At a correlation of -0.42, they often move in opposite directions. VCR charges 0.10%/yr vs 0.95%/yr for SBIT.

Performance

VCR vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Consumer Discretionary ETF (VCR) and Proshares Ultrashort Bitcoin ETF (SBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCR achieves a -0.08% return, which is significantly lower than SBIT's 33.13% return.

VCR

• 1D: -0.08%
• 1M: 0.01%
• 6M: -4.33%
• YTD: -0.08%
• 1Y: 6.57%
• 3Y*: 11.18%
• 5Y*: 5.44%
• 10Y*: 13.26%

SBIT

• 1D: -7.55%
• 1M: -6.22%
• 6M: 56.76%
• YTD: 33.13%
• 1Y: 113.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VCR vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VCR Vanguard Consumer Discretionary ETF	-0.08%	5.77%	19.63%
SBIT Proshares Ultrashort Bitcoin ETF	33.13%	-25.11%	-73.74%

Correlation

The correlation between VCR and SBIT is -0.40, 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	-0.40
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024	-0.42

Return for Risk

VCR vs. SBIT — Risk / Return Rank

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

VCR

VCR Risk / Return Rank: 15
VCR Sharpe Ratio Rank: 16
VCR Sortino Ratio Rank: 15
VCR Omega Ratio Rank: 14
VCR Calmar Ratio Rank: 15
VCR Martin Ratio Rank: 17

SBIT

SBIT Risk / Return Rank: 48
SBIT Sharpe Ratio Rank: 45
SBIT Sortino Ratio Rank: 48
SBIT Omega Ratio Rank: 44
SBIT Calmar Ratio Rank: 60
SBIT Martin Ratio Rank: 42

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.

VCR vs. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Consumer Discretionary ETF (VCR) and Proshares Ultrashort Bitcoin ETF (SBIT). 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.

	VCR	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	0.35	1.28	-0.94
Sortino ratio: Return per unit of downside risk	0.62	1.96	-1.33
Omega ratio: Gain probability vs. loss probability	1.07	1.23	-0.16
Calmar ratio: Return relative to maximum drawdown	0.42	2.37	-1.95
Martin ratio: Return relative to average drawdown	1.26	5.39	-4.13

VCR vs. SBIT - Sharpe Ratio Comparison

The current VCR Sharpe Ratio is 0.35, which is lower than the SBIT Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of VCR and SBIT, 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

VCR vs. SBIT - Drawdown Comparison

The maximum VCR drawdown since its inception was -61.54%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for VCR and SBIT.

Drawdown Indicators

	VCR	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-61.54%	-91.35%	+29.81%
Max Drawdown (1Y) Largest decline over 1 year	-15.59%	-47.94%	+32.35%
Max Drawdown (3Y) Largest decline over 3 years	-27.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.20%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.20%	—	—
Current Drawdown Current decline from peak	-4.63%	-78.87%	+74.24%
Average Drawdown Average peak-to-trough decline	-9.38%	-68.85%	+59.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.22%	21.08%	-15.86%

Volatility

VCR vs. SBIT - Volatility Comparison

The current volatility for Vanguard Consumer Discretionary ETF (VCR) is 5.65%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 23.66%. This indicates that VCR experiences smaller price fluctuations and is considered to be less risky than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCR	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.65%	23.66%	-18.01%
Volatility (6M) Calculated over the trailing 6-month period	14.04%	69.36%	-55.32%
Volatility (1Y) Calculated over the trailing 1-year period	18.93%	88.70%	-69.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.15%	96.93%	-72.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.43%	96.93%	-74.50%

VCR vs. SBIT - Expense Ratio Comparison

VCR has a 0.10% expense ratio, which is lower than SBIT's 0.95% expense ratio.

Dividends

VCR vs. SBIT - Dividend Comparison

VCR's dividend yield for the trailing twelve months is around 0.73%, less than SBIT's 4.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SBIT Proshares Ultrashort Bitcoin ETF	4.30%	0.52%	1.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VCR Vanguard Consumer Discretionary ETF	0.73%	0.74%	0.74%	0.84%	0.98%	0.79%	1.71%	1.17%	1.37%	1.21%	1.60%	1.32%

Frequently Asked Questions

Can I hold both VCR and SBIT in my portfolio?

VCR and SBIT have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCR or SBIT?

SBIT has higher volatility (23.66%) compared to VCR (5.65%). In terms of maximum drawdown, VCR dropped -61.54% vs SBIT's -91.35%.

Which ETF is better, VCR or SBIT?

On 1-year performance, SBIT leads with 113.21% vs 6.57% for VCR. On fees, VCR is cheaper at 0.10% per year. On volatility, VCR has been the lower-risk option at 5.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VCR or SBIT?

Over the 1-year period, SBIT has performed better with a 113.21% return vs 6.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VCR or SBIT?

VCR is cheaper with a 0.10% expense ratio, compared with 0.95% for SBIT.

Which ETF pays a higher dividend yield, VCR or SBIT?

SBIT has the higher dividend yield at 4.30%, compared with 0.73% for VCR.

What is the main difference between VCR and SBIT?

VCR is categorized as Consumer Discretionary Equities, while SBIT is Cryptocurrency. VCR tracks MSCI US Investable Market Consumer Discretionary 25/50 Index, while SBIT tracks Bloomberg Bitcoin Index (-200%). They also come from different issuers: Vanguard and ProShares. Their fees differ too: 0.10% for VCR and 0.95% for SBIT.

Which has better risk-adjusted returns?

SBIT currently has the higher Sharpe Ratio (1.28 vs 0.35), 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.