BETE vs VOO
ProShares Bitcoin & Ether Equal Weight ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | BETE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.03% | |
| AUM | $7M | $997.4B | |
| Dividend Yield | 79.50% | 1.08% | |
| Holdings | 3 | 509 | |
| YTD Return | -20.30% | +12.68% | |
| 1Y Return | -39.31% | +21.87% | |
| 3Y Return (annualized) | +20.34% | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 60.9% | 14.1% | |
| Max Drawdown | -61.8% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 2, 2023 | Sep 7, 2010 |
BETE vs VOO Performance
ProShares Bitcoin & Ether Equal Weight ETF (BETE) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year BETE returned -39.31% while VOO returned +21.87%. Year to date, BETE is down 20.30% versus a gain of 12.68% for VOO.
Over three years, BETE compounded at +20.34% per year against +22.06% for VOO. Across the full 3-year window we track, BETE has the edge at +20.34% annualized vs +13.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BETE has been the more volatile fund, with annualized monthly volatility of 60.9% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -61.8% for BETE and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BETE charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, BETE currently yields 79.50% against 1.08% for VOO.
Frequently Asked Questions
Which is cheaper, BETE or VOO?
BETE has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, BETE or VOO?
Over the past year BETE returned -39.31% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), BETE annualized +20.34% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, BETE or VOO?
BETE has been the more volatile fund at 60.9% annualized versus 14.1% for VOO. Worst drawdown: BETE -61.8% vs VOO -34.3%.
Should I hold both BETE and VOO?
BETE and VOO have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BETE or VOO?
BETE yields 79.50% while VOO yields 1.08%, so BETE currently pays the higher dividend yield.
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