BITI vs SCHD
BITI vs SCHD
ProShares Short Bitcoin ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. BITI delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | BITI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.01% | 0.06% | |
| AUM | $120M | $103.7B | |
| Dividend Yield | 8.63% | 3.31% | |
| Holdings | 3 | 104 | |
| YTD Return | +19.85% | +24.26% | |
| 1Y Return | +51.60% | +31.38% | |
| 3Y Return (annualized) | -33.25% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 46.9% | 13.6% | |
| Max Drawdown | -92.2% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 21, 2022 | Oct 20, 2011 |
BITI vs SCHD Performance
ProShares Short Bitcoin ETF (BITI) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BITI returned +51.60% while SCHD returned +31.38%. Year to date, BITI is up 19.85% versus a gain of 24.26% for SCHD.
Over three years, BITI compounded at -33.25% per year against +15.08% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs -37.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITI has been the more volatile fund, with annualized monthly volatility of 46.9% compared with 13.6% for SCHD. 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 -92.2% for BITI and -33.4% for SCHD. 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 -0.12. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BITI charges 1.01% per year while SCHD charges 0.06%. On a $10,000 position that is $101 vs $6 annually, a gap of $95 per year that compounds over a long holding period. On income, BITI currently yields 8.63% against 3.31% for SCHD.
Holdings Overlap
BITI and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BITI or SCHD?
BITI has an expense ratio of 1.01% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, BITI or SCHD?
Over the past year BITI returned +51.60% vs +31.38% for SCHD, so BITI leads on 1-year performance. Over the longest common window we track (4 years), BITI annualized -37.38% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BITI or SCHD?
BITI has been the more volatile fund at 46.9% annualized versus 13.6% for SCHD. Worst drawdown: BITI -92.2% vs SCHD -33.4%.
Should I hold both BITI and SCHD?
BITI and SCHD have a monthly-return correlation of -0.12, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BITI and SCHD?
BITI and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, BITI or SCHD?
BITI yields 8.63% while SCHD yields 3.31%, so BITI currently pays the higher dividend yield.
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