BITOProShares Bitcoin ETF

Take a bet4y track recordRanked #52 of 775 in this goal

Seeks investment results corresponding to the price of Bitcoin.

By ProShares · Launched 2021

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$1.7B

#819 of 5,562 · large

Return (1Y)Goal

-42.3%

Track Record

4 years

#2,520 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$5,819-41.8%

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 = 68.1% of fundconcentrated

United States of America

59.3%

N/A

3.6%

Repurchase Agreement

1.6%

Repurchase Agreement

1.1%

Repurchase Agreement

1.0%

Repurchase Agreement

0.4%

Repurchase Agreement

0.4%

Repurchase Agreement

0.3%

Repurchase Agreement

0.3%

Repurchase Agreement

0.2%

Asset allocation

Cash

64.8%

Other

35.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

43.9%High

Year-on-year price swings

Max drawdown

-77.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.64Decent risk-adjusted returns

Sortino (3Y)

0.97Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results corresponding to the price of Bitcoin.
Strategy: Invests primarily in bitcoin futures contracts to achieve its investment objective. The Fund aims to provide managed exposure to Bitcoin through these futures.
Inception date: October 18, 2021
Fund family: ProShares