BITUProshares Ultra Bitcoin ETF

Take a bet2y track recordRanked #106 of 995 in this goal

Seeks daily investment results that correspond to two times (2x) the daily performance of the Bloomberg Bitcoin Index.

By ProShares · Launched 2024

Annual Cost

0.98%

#5,220 of 6,040 · expensive

Fund Size

$514M

#1,644 of 6,040 · large

Return (1Y)

-70.0%

Track Record

2 years

#3,440 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$3,068-69.3%

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

What's inside

How Beacon categorizes this fund

Asset class

Cryptocurrency

Strategy

Leveraged

Index tracked

Bloomberg Bitcoin Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Repurchase Agreement

7.0%

ProShares GENIUS Money Market ETF

5.7%

Repurchase Agreement

3.5%

Repurchase Agreement

3.5%

Repurchase Agreement

2.1%

Repurchase Agreement

2.1%

Repurchase Agreement

1.7%

Repurchase Agreement

1.4%

Repurchase Agreement

1.4%

N/A

0.9%

Asset allocation

Cash

59.9%

Other

40.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

90.1%High

Year-on-year price swings

Max drawdown

-83.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results that correspond to two times (2x) the daily performance of the Bloomberg Bitcoin Index.
Strategy: Invests in financial instruments to achieve daily returns that correspond to two times (2x) the price of bitcoin, primarily through derivatives like swap agreements and bitcoin futures contracts. The Fund aims for leveraged exposure to the Bloomberg Bitcoin Index, which measures bitcoin traded in USD.
Inception date: April 1, 2024
Fund family: ProShares