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PIT vs BITI

VanEck Commodity Strategy ETF vs ProShares Short Bitcoin ETF

PIT

VanEck Commodity Strategy ETF

Annual cost

0.55%

Fund size

$264M

BITI

ProShares Short Bitcoin ETF

Annual cost

1.01%

Fund size

$177M

Key differences

PIT is a commodity ETF, while BITI is a cryptocurrency ETF. PIT charges 0.55% a year and BITI 1.01%.

  • PIT is a commodity fund, while BITI is a cryptocurrency fund. They carry different risk/return profiles.
  • PIT costs 0.46% less per year.
  • Over the last three years, PIT has delivered higher annualized returns.

Side-by-side comparison

PITBITI
Annual cost (TER)0.55%1.01%
Fund size (AUM)$264M$177M
Since20222022
Dividend yield6.52%9.66%
Asset classcommoditycryptocurrency
Region
Strategyinverse
CAGR 1Y+57.0%+55.4%
CAGR 3Y+23.9%-32.6%
CAGR 5YN/AN/A
Sharpe 3Y1.11-0.62
Volatility 1Y21.51%43.82%
Max drawdown-12.27%-92.16%

Similar to PIT and BITI