BITO vs ARKW

Comparison between PROSHARES BITCOIN STRATEGY ETF (BITO, ETF) and ARK NEXT GENERATION INTERNET ETF (ARKW, ETF).

5-Year PerformanceARKW has outperformed BITO, delivering a return of +0.5% compared to -5.4%

BITO vs ARKW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITO(ETF)	ARKW(ETF)
Net Assets	$1.70B	$1.80B
Expense Ratio	0.95%	0.76%
Max Drawdown	81.02%	80.55%
Sharpe Ratio	-1.20	0.29
5Y Beta	1.28	1.77
P/E Ratio	N/A	-44.23
Forward P/E	N/A	46.21
P/S Ratio	N/A	4.07
P/B Ratio	N/A	6.17

Net Assets

BITO

$1.70B

Winner

ARKW

$1.80B

Expense Ratio

BITO

0.95%

Winner

ARKW

0.76%

Max Drawdown

BITO

81.02%

Winner

ARKW

80.55%

Sharpe Ratio

BITO

-1.20

Winner

ARKW

0.29

5Y Beta

Winner

BITO

1.28

ARKW

1.77

P/E Ratio

BITO

N/A

ARKW

-44.23

Forward P/E

BITO

N/A

ARKW

46.21

P/S Ratio

BITO

N/A

ARKW

4.07

P/B Ratio

BITO

N/A

ARKW

6.17

BITO vs ARKW - Historical Returns

Returns include dividend reinvestment.

Period	BITO	ARKW
1 month	-21.54%	-3.01%
3 months	-10.51%	+11.17%
6 months	-30.72%	-7.45%
1 year	-42.58%	+10.46%
5 years(CAGR)	-5.38%	+0.46%
10 years(CAGR)	N/A	+22.36%
Max(CAGR)	-5.38%	+20.19%

BITO

-21.54%

Winner

ARKW

-3.01%

BITO

-10.51%

Winner

ARKW

+11.17%

BITO

-30.72%

Winner

ARKW

-7.45%

BITO

-42.58%

Winner

ARKW

+10.46%

5Y(CAGR)

BITO

-5.38%

Winner

ARKW

+0.46%

10Y(CAGR)

BITO

N/A

ARKW

+22.36%

Max(CAGR)

BITO

-5.38%

Winner

ARKW

+20.19%

BITO vs ARKW - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	BITO	ARKW
2026	-30.22%	-5.26%
2025	-14.44%	+37.47%
2024	+92.27%	+48.08%
2023	+135.98%	+101.17%
2022	-63.97%	-68.05%
2021	-31.09%	-18.52%
2020	N/A	+151.90%
2019	N/A	+35.63%
2018	N/A	+1.03%
2017	N/A	+84.89%
2016	N/A	+11.88%
2015	N/A	+16.62%
2014	N/A	+2.70%

BITO vs ARKW Drawdown Comparison

The maximum drawdown for BITO was -77.86%, occurring on Nov 21, 2022. Recovery took 755 trading sessions.

The maximum drawdown for ARKW was -80.52%, occurring on Dec 28, 2022. This drawdown has not yet recovered.

The current BITO drawdown is -50.39%. The current ARKW drawdown is -23.34%.

Rank	BITO	ARKW
#1	-77.86% Nov 9, 2021 - Nov 11, 2024	-80.52% Feb 12, 2021 - Dec 28, 2022
#2	-52.86% Oct 6, 2025 - Jun 5, 2026	-40.66% Feb 19, 2020 - May 19, 2020
#3	-29.78% Dec 17, 2024 - May 22, 2025	-31.62% Dec 2, 2015 - Jul 18, 2016
#4	-12.26% Aug 13, 2025 - Oct 6, 2025	-25.49% Aug 29, 2018 - Mar 21, 2019
#5	-12.06% Oct 20, 2021 - Nov 9, 2021	-14.72% May 3, 2019 - Jul 15, 2019
#6	-8.65% May 22, 2025 - Jul 10, 2025	-14.03% Sep 1, 2020 - Oct 8, 2020
#7	-8.58% Nov 22, 2024 - Dec 6, 2024	-13.41% Jul 24, 2019 - Nov 22, 2019
#8	-5.82% Jul 14, 2025 - Aug 13, 2025	-13.23% Jun 22, 2015 - Dec 1, 2015
#9	-5.40% Dec 6, 2024 - Dec 16, 2024	-12.00% Mar 12, 2018 - Jun 4, 2018
#10	-2.52% Nov 12, 2024 - Nov 15, 2024	-9.72% Nov 6, 2020 - Nov 20, 2020
#11	N/A	-9.07% Jan 26, 2018 - Feb 15, 2018
#12	N/A	-8.59% Oct 13, 2020 - Nov 5, 2020
#13	N/A	-8.44% Oct 3, 2014 - Oct 31, 2014
#14	N/A	-7.51% Jun 18, 2018 - Aug 27, 2018
#15	N/A	-7.49% Oct 3, 2016 - Nov 17, 2016