BITC vs EFZ

Comparison between Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BITC, ETF) and ProShares Short MSCI EAFE -1X Shares (EFZ, ETF).

BITC vs EFZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITC(ETF)	EFZ(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.88%	0.95%
Max Drawdown	53.79%	91.26%
Sharpe Ratio	-0.65	-0.91
5Y Beta	0.79	-0.75
5Y Dividends CAGR	N/A	134.24%

Net Assets

BITC

$16M

EFZ

$16M

Expense Ratio

Winner

BITC

0.88%

EFZ

0.95%

Max Drawdown

Winner

BITC

53.79%

EFZ

91.26%

Sharpe Ratio

Winner

BITC

-0.65

EFZ

-0.91

5Y Beta

BITC

0.79

Winner

EFZ

-0.75

5Y Dividends CAGR

BITC

N/A

EFZ

134.24%

BITC vs EFZ - Historical Returns

Returns include dividend reinvestment.

Period	BITC	EFZ
1 month	-6.22%	-0.08%
3 months	+2.91%	-2.81%
6 months	+2.88%	-6.47%
1 year	-15.02%	-12.27%
5 years(CAGR)	N/A	-5.04%
10 years(CAGR)	N/A	-8.07%
Max(CAGR)	+31.30%	-7.35%

BITC

-6.22%

Winner

EFZ

-0.08%

Winner

BITC

+2.91%

EFZ

-2.81%

Winner

BITC

+2.88%

EFZ

-6.47%

BITC

-15.02%

Winner

EFZ

-12.27%

5Y(CAGR)

BITC

N/A

EFZ

-5.04%

10Y(CAGR)

BITC

N/A

EFZ

-8.07%

Max(CAGR)

Winner

BITC

+31.30%

EFZ

-7.35%

BITC vs EFZ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BITC	EFZ
2026	+7.07%	-4.58%
2025	-20.64%	-21.27%
2024	+89.11%	+1.59%
2023	+42.15%	-9.72%
2022	N/A	+13.70%
2021	N/A	-12.38%
2020	N/A	-15.18%
2019	N/A	-16.68%
2018	N/A	+17.23%
2017	N/A	-19.67%
2016	N/A	-6.34%
2015	N/A	-3.43%
2014	N/A	+1.98%
2013	N/A	-18.85%
2012	N/A	-17.16%
2011	N/A	+3.73%
2010	N/A	-11.79%
2009	N/A	-29.66%
2008	N/A	+37.36%
2007	N/A	+3.65%

BITC vs EFZ Drawdown Comparison

The maximum drawdown for BITC was -38.51%, occurring on Sep 6, 2024. Recovery took 168 trading sessions.

The maximum drawdown for EFZ was -88.09%, occurring on Feb 25, 2026. This drawdown has not yet recovered.

The current BITC drawdown is -26.39%. The current EFZ drawdown is -87.60%.

Rank	BITC	EFZ
#1	-38.51% Mar 13, 2024 - Nov 11, 2024	-88.09% Mar 9, 2009 - Feb 25, 2026
#2	-31.87% Dec 17, 2024 - Jan 23, 2026	-25.68% Oct 27, 2008 - Mar 9, 2009
#3	-23.08% Jul 13, 2023 - Oct 24, 2023	-16.09% Oct 10, 2008 - Oct 27, 2008
#4	-17.33% Apr 13, 2023 - Jun 23, 2023	-12.93% Feb 8, 2008 - Jul 2, 2008
#5	-17.27% Jan 11, 2024 - Feb 12, 2024	-11.25% Sep 17, 2008 - Sep 29, 2008
#6	-8.31% Nov 22, 2024 - Dec 6, 2024	-5.93% Nov 19, 2007 - Dec 17, 2007
#7	-8.10% Dec 8, 2023 - Jan 8, 2024	-5.91% Jan 23, 2008 - Feb 7, 2008
#8	-7.00% Mar 4, 2024 - Mar 6, 2024	-5.26% Jul 15, 2008 - Aug 13, 2008
#9	-5.97% Nov 10, 2023 - Nov 24, 2023	-5.23% Sep 29, 2008 - Oct 6, 2008
#10	-5.69% Mar 21, 2023 - Mar 23, 2023	-3.30% Dec 17, 2007 - Jan 7, 2008
#11	-5.23% Dec 6, 2024 - Dec 13, 2024	-3.14% Oct 25, 2007 - Nov 7, 2007
#12	-5.07% Mar 23, 2023 - Mar 31, 2023	-2.98% Sep 9, 2008 - Sep 15, 2008
#13	-4.74% Nov 24, 2023 - Dec 1, 2023	-2.74% Aug 25, 2008 - Sep 4, 2008
#14	-3.28% Jul 3, 2023 - Jul 13, 2023	-2.24% Nov 12, 2007 - Nov 19, 2007
#15	-2.97% Feb 20, 2024 - Feb 22, 2024	-2.10% Sep 5, 2008 - Sep 9, 2008

Correlation

Correlation between BITC and EFZ is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.61

-101