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ULE vs BITI

ProShares Ultra Euro vs ProShares Short Bitcoin ETF

ULE

ProShares Ultra Euro

ProShares

Annual cost

0.98%

Fund size

$6M

BITI

ProShares Short Bitcoin ETF

ProShares

Annual cost

1.01%

Fund size

$187M

Key differences

  • BITI is significantly larger than ULE — larger funds tend to be more liquid and less likely to close.
  • ULE is classified as currency, while BITI is cryptocurrency — different risk/return profiles.
  • ULE follows a leveraged strategy; BITI uses inverse.
  • Over the last 3 years, ULE has delivered higher annualized returns.
  • ULE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ULEBITI
Annual cost (TER)0.98%1.01%
Fund size (AUM)$6M$187M
Since20082022
Dividend yield0.00%9.25%
Asset classcurrencycryptocurrency
Region
Strategyleveragedinverse
CAGR 1Y+2.1%+31.1%
CAGR 3Y+3.9%-37.3%
CAGR 5Y-3.8%N/A
Sharpe 3Y0.09-0.77
Volatility 1Y13.75%43.05%
Max drawdown-51.30%-92.16%

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

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