BITI vs MSSS

Comparison between ProShares Short Bitcoin ETF (BITI, ETF) and MONARCH SELECT SUBSECTOR INDEX ETF (MSSS, ETF).

BITI vs MSSS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITI(ETF)	MSSS(ETF)
Net Assets	$144M	$144M
Expense Ratio	1.01%	1.42%
Max Drawdown	92.63%	19.35%
Sharpe Ratio	1.16	1.31
5Y Beta	-1.30	0.81

Net Assets

Winner

BITI

$144M

MSSS

$144M

Expense Ratio

Winner

BITI

1.01%

MSSS

1.42%

Max Drawdown

BITI

92.63%

Winner

MSSS

19.35%

Sharpe Ratio

BITI

1.16

Winner

MSSS

1.31

5Y Beta

Winner

BITI

-1.30

MSSS

0.81

BITI vs MSSS - Holdings Comparison

BITI and MSSS have 0 common holdings. Overlap is 0.00%

BITI's top 25 holdings weight is 41.73%. MSSS's top 25 holdings weight is 99.79%.

Rank	BITI	MSSS
#1	PROSHARES GENIUS MONEY MARKET ETF (IQMM) - 41.73%	STATE STREET® SPDR® S&P® PHRMCTLSETF (XPH) - 10.35%
#2	N/A	STATE STREET®UTILSELSECTSPDR®ETF (XLU) - 10.28%
#3	N/A	INVESCO FOOD & BEVERAGE ETF (PBJ) - 10.23%
#4	N/A	STATE STREETSPDRS&PSFTWR&SVCSETF (XSW) - 10.16%
#5	N/A	STATE STREET REAL ESTATE SEL SECTSPDRETF (XLRE) - 10.14%
#6	N/A	STATE STREET® SPDR® S&P® RETAIL ETF (XRT) - 10.06%
#7	N/A	STATE STREET® SPDR® S&P® BIOTECH ETF (XBI) - 10.00%
#8	N/A	ISHARES US MEDICAL DEVICES ETF (IHI) - 9.92%
#9	N/A	STT STRT® SPDR® S&P® ARSPC & DFNC ETF (XAR) - 9.41%
#10	N/A	STATE STREET® SPDR® S&P® SMCNDCTR ETF (XSD) - 9.24%
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	10

BITI vs MSSS - Historical Returns

Returns include dividend reinvestment.

Period	BITI	MSSS
1 month	-3.41%	+3.06%
3 months	+10.91%	+10.08%
6 months	+25.26%	+13.30%
1 year	+56.15%	+22.63%
5 years(CAGR)	-37.16%	N/A
Max(CAGR)	-37.16%	+16.10%

BITI

-3.41%

Winner

MSSS

+3.06%

Winner

BITI

+10.91%

MSSS

+10.08%

Winner

BITI

+25.26%

MSSS

+13.30%

Winner

BITI

+56.15%

MSSS

+22.63%

5Y(CAGR)

BITI

-37.16%

MSSS

N/A

Max(CAGR)

BITI

-37.16%

Winner

MSSS

+16.10%

BITI vs MSSS - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	BITI	MSSS
2026	+23.99%	+17.78%
2025	+2.65%	+10.07%
2024	-59.89%	+9.26%
2023	-66.00%	N/A
2022	-0.06%	N/A

BITI vs MSSS Drawdown Comparison

The maximum drawdown for BITI was -92.16%, occurring on Oct 6, 2025. This drawdown has not yet recovered.

The maximum drawdown for MSSS was -19.14%, occurring on Apr 8, 2025. Recovery took 174 trading sessions.

The current BITI drawdown is -86.81%. The current MSSS drawdown is -2.14%.

Rank	BITI	MSSS
#1	-92.16% Nov 9, 2022 - Oct 6, 2025	-19.14% Nov 29, 2024 - Aug 13, 2025
#2	-26.60% Jun 30, 2022 - Nov 9, 2022	-10.18% Feb 26, 2026 - Apr 17, 2026
#3	-5.57% Jun 22, 2022 - Jun 30, 2022	-7.72% Mar 28, 2024 - Jul 11, 2024
#4	N/A	-5.84% Oct 3, 2025 - Jan 9, 2026
#5	N/A	-5.08% Oct 18, 2024 - Nov 25, 2024
#6	N/A	-4.13% Jul 30, 2024 - Aug 19, 2024
#7	N/A	-3.43% Jan 15, 2026 - Feb 17, 2026
#8	N/A	-2.87% Jul 6, 2026 - Jul 20, 2026
#9	N/A	-2.67% Sep 11, 2025 - Oct 3, 2025
#10	N/A	-2.40% Sep 30, 2024 - Oct 16, 2024
#11	N/A	-2.04% Aug 30, 2024 - Sep 13, 2024
#12	N/A	-1.83% Apr 20, 2026 - May 1, 2026
#13	N/A	-1.65% Mar 7, 2024 - Mar 21, 2024
#14	N/A	-1.49% Jun 4, 2026 - Jun 11, 2026
#15	N/A	-1.41% Jul 16, 2024 - Jul 26, 2024

Correlation

Correlation between BITI and MSSS is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101