BETEProshares Bitcoin & Ether Equal Weight ETF

Take a bet2y track recordRanked #636 of 775 in this goal

Seeks investment results that correspond to the performance of an equal weight basket of bitcoin and ether.

By ProShares · Launched 2023

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$8M

#4,830 of 5,562 · small

Return (1Y)Goal

-37.0%

Track Record

2 years

#3,217 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$6,381-36.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Cryptocurrency

What it actually holds

By weight

Concentration

Top 10 holdings = 56.4% of fundmoderately concentrated

Repurchase Agreement

16.8%

Repurchase Agreement

11.7%

Repurchase Agreement

10.2%

Repurchase Agreement

4.1%

Repurchase Agreement

4.1%

Repurchase Agreement

3.1%

Repurchase Agreement

3.1%

Repurchase Agreement

2.0%

Repurchase Agreement

1.0%

N/A

0.4%

Asset allocation

Cash

57.6%

Other

42.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

55.6%High

Year-on-year price swings

Max drawdown

-61.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that correspond to the performance of an equal weight basket of bitcoin and ether.
Strategy: Invests primarily in bitcoin and ether futures contracts to achieve equal weight exposure. Each month, half of the assets are allocated to bitcoin futures and half to ether futures, with positions rolled prior to expiration.
Inception date: October 2, 2023
Fund family: ProShares