BITU vs SBIT
ProShares Ultra Bitcoin ETF vs ProShares UltraShort Bitcoin ETF
Which is better, BITU or SBIT?
Opposite sides of the same exposure.
BITU led over the full window, SBIT over 1Y. The two move opposite each other, correlation -0.95, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BITU | SBIT |
|---|---|---|
| Expense Ratio | 0.95%Tie | 0.95%Tie |
| AUM | $591M | $125M |
| Dividend Yield | 46.24% | 9.89% |
| Holdings | 8 | 6 |
| YTD Return | -37.24% | -19.61%Best |
| 1Y Return | -63.17% | +13.60%Best |
| Volatility (annualized) | 93.8% | 85.1%Best |
| Max Drawdown | -83.5%Best | -91.3% |
| $10,000 over 2.5 years | $5,641Best | $1,571 |
| Fund Family | ProShares | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Commodities | Trading-Inverse Commodities |
| Inception | Apr 2, 2024 | Apr 2, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 2, 2024 to Oct 14, 2026 (2.5 years).
BITU vs SBIT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
BITU vs SBIT Performance
ProShares Ultra Bitcoin ETF (BITU) is an ETF from ProShares and ProShares UltraShort Bitcoin ETF (SBIT) is an ETF from ProShares. Over the past year BITU returned -63.17% while SBIT returned +13.60%. Year to date, BITU is down 37.24% versus a loss of 19.61% for SBIT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITU has been the more volatile fund, with annualized monthly volatility of 93.8% compared with 85.1% for SBIT. 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 -83.5% for BITU and -91.3% for SBIT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.95. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
BITU charges 0.95% per year while SBIT charges 0.95%. On a $10,000 position that is $95 vs $95 annually. On income, BITU currently yields 46.24% against 9.89% for SBIT.
You are not choosing between two funds in isolation.
Whichever of BITU and SBIT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BITU or SBIT?
BITU has an expense ratio of 0.95% while SBIT charges 0.95%. At the precision these are quoted to, they cost the same.
Which performed better, BITU or SBIT?
Over the past year BITU returned -63.17% vs +13.60% for SBIT, so SBIT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BITU or SBIT?
BITU has been the more volatile fund at 93.8% annualized versus 85.1% for SBIT. Worst drawdown: BITU -83.5% vs SBIT -91.3%.
Should I hold both BITU and SBIT?
BITU and SBIT have a monthly-return correlation of -0.95, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, BITU or SBIT?
BITU yields 46.24% while SBIT yields 9.89%, so BITU currently pays the higher dividend yield.
Is SBIT better than BITU?
BITU led over the full window, SBIT over 1Y. The two move opposite each other, correlation -0.95, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.