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BITS vs BITI

Global X Blockchain & Bitcoin Strategy ETF vs ProShares Short Bitcoin ETF

BITS

Global X Blockchain & Bitcoin Strategy ETF

Global X Funds

Annual cost

0.65%

Fund size

$29M

BITI

ProShares Short Bitcoin ETF

ProShares

Annual cost

1.01%

Fund size

$187M

Key differences

  • BITS costs 0.36% less per year.
  • BITI is significantly larger than BITS — larger funds tend to be more liquid and less likely to close.
  • BITS follows a active selection strategy; BITI uses inverse.
  • Over the last 3 years, BITS has delivered higher annualized returns.

Side-by-side comparison

BITSBITI
Annual cost (TER)0.65%1.01%
Fund size (AUM)$29M$187M
Since20212022
Dividend yield22.55%9.25%
Asset classcryptocurrencycryptocurrency
Region
Strategyactive selectioninverse
CAGR 1Y+24.8%+29.3%
CAGR 3Y+53.1%-37.1%
CAGR 5YN/AN/A
Sharpe 3Y0.96-0.76
Volatility 1Y52.75%43.16%
Max drawdown-83.11%-92.16%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BITS and BITI