Screener
PIT vs BITO
VanEck Commodity Strategy ETF vs ProShares Bitcoin ETF
Key differences
PIT is a commodity ETF, while BITO is a cryptocurrency ETF. PIT charges 0.55% a year and BITO 0.95%.
- PIT is a commodity fund, while BITO is a cryptocurrency fund. They carry different risk/return profiles.
- PIT costs 0.40% less per year.
- BITO is much larger than PIT. Larger funds are usually more liquid and less likely to close.
- Over the last three years, PIT has delivered higher annualized returns.
Side-by-side comparison
| PIT | BITO | |
|---|---|---|
| Annual cost (TER) | 0.55% | 0.95% |
| Fund size (AUM) | $264M | $1.7B |
| Since | 2022 | 2021 |
| Dividend yield | 6.52% | 69.88% |
| Asset class | commodity | cryptocurrency |
| Region | — | — |
| Strategy | — | — |
| CAGR 1Y | +57.0% | -44.9% |
| CAGR 3Y | +23.9% | +22.5% |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 1.11 | 0.58 |
| Volatility 1Y | 21.51% | 43.86% |
| Max drawdown | -12.27% | -77.86% |
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