BAVA vs FPRO

Comparison between Bitwise Avalanche ETF (BAVA, ETF) and FIDELITY REAL ESTATE INVESTMENT ETF (FPRO, ETF).

BAVA vs FPRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BAVA(ETF)	FPRO(ETF)
Net Assets	$16M	$17M
Expense Ratio	0.34%	0.57%
Max Drawdown	40.15%	35.96%
Sharpe Ratio	-1.06	0.76
5Y Beta	1.96	0.46
P/E Ratio	N/A	36.92
Forward P/E	N/A	39.49
PEG Ratio	N/A	0.39
5Y Dividends CAGR	N/A	30.55%
5Y EPS CAGR	N/A	11.76%
Debt to Equity	N/A	65.89%
P/S Ratio	N/A	5.57
P/B Ratio	N/A	3.15

Net Assets

BAVA

$16M

Winner

FPRO

$17M

Expense Ratio

Winner

BAVA

0.34%

FPRO

0.57%

Max Drawdown

BAVA

40.15%

Winner

FPRO

35.96%

Sharpe Ratio

BAVA

-1.06

Winner

FPRO

0.76

5Y Beta

BAVA

1.96

Winner

FPRO

0.46

P/E Ratio

BAVA

N/A

FPRO

36.92

Forward P/E

BAVA

N/A

FPRO

39.49

PEG Ratio

BAVA

N/A

FPRO

0.39

5Y Dividends CAGR

BAVA

N/A

FPRO

30.55%

5Y EPS CAGR

BAVA

N/A

FPRO

11.76%

Debt to Equity

BAVA

N/A

FPRO

65.89%

P/S Ratio

BAVA

N/A

FPRO

5.57

P/B Ratio

BAVA

N/A

FPRO

3.15

BAVA vs FPRO - Historical Returns

Returns include dividend reinvestment.

Period	BAVA	FPRO
1 month	+20.00%	-1.43%
3 months	-17.79%	+3.03%
6 months	N/A	+6.97%
1 year	N/A	+14.45%
5 years(CAGR)	N/A	+3.37%
Max(CAGR)	-46.78%	+7.20%

Winner

BAVA

+20.00%

FPRO

-1.43%

BAVA

-17.79%

Winner

FPRO

+3.03%

BAVA

N/A

FPRO

+6.97%

BAVA

N/A

FPRO

+14.45%

5Y(CAGR)

BAVA

N/A

FPRO

+3.37%

Max(CAGR)

BAVA

-46.78%

Winner

FPRO

+7.20%

BAVA vs FPRO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	BAVA	FPRO
2026	-20.38%	+16.63%
2025	N/A	+3.83%
2024	N/A	+4.77%
2023	N/A	+10.63%
2022	N/A	-24.23%
2021	N/A	+40.16%

BAVA vs FPRO Drawdown Comparison

The maximum drawdown for BAVA was -40.15%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for FPRO was -32.79%, occurring on Oct 27, 2023. Recovery took 1075 trading sessions.

The current BAVA drawdown is -26.22%. The current FPRO drawdown is -1.43%.

Rank	BAVA	FPRO
#1	-40.15% May 11, 2026 - Jun 25, 2026	-32.79% Dec 31, 2021 - Apr 16, 2026
#2	-8.30% Apr 16, 2026 - May 8, 2026	-8.32% Sep 2, 2021 - Nov 24, 2021
#3	N/A	-5.08% Feb 24, 2021 - Mar 12, 2021
#4	N/A	-4.92% Nov 24, 2021 - Dec 8, 2021
#5	N/A	-4.13% Jul 24, 2026 - Aug 11, 2026
#6	N/A	-4.09% Apr 30, 2021 - May 24, 2021
#7	N/A	-3.47% Apr 20, 2026 - Jun 9, 2026
#8	N/A	-3.14% Jun 14, 2021 - Jul 9, 2021
#9	N/A	-2.69% Jun 12, 2026 - Jun 26, 2026
#10	N/A	-2.67% Mar 15, 2021 - Mar 26, 2021
#11	N/A	-2.42% Jun 26, 2026 - Jul 16, 2026
#12	N/A	-1.78% Aug 5, 2021 - Aug 17, 2021
#13	N/A	-1.73% Jul 12, 2021 - Jul 20, 2021
#14	N/A	-1.38% Jul 17, 2026 - Jul 24, 2026
#15	N/A	-1.34% Dec 8, 2021 - Dec 13, 2021

Correlation

Correlation between BAVA and FPRO is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

-101