BITO vs IAI

Comparison between PROSHARES BITCOIN STRATEGY ETF (BITO, ETF) and ISHARES U.S. BROKER-DEALERS &AMP; SECURITIES EXCHANGES ETF (IAI, ETF).

5-Year PerformanceIAI has outperformed BITO, delivering a return of +13.7% compared to -5.0%

BITO vs IAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITO(ETF)	IAI(ETF)
Net Assets	$1.30B	$1.30B
Expense Ratio	0.95%	0.38%
Max Drawdown	81.58%	75.80%
Sharpe Ratio	-1.24	0.35
5Y Beta	1.20	1.07
P/E Ratio	N/A	21.25
Forward P/E	N/A	19.38
PEG Ratio	N/A	0.48
5Y Dividends CAGR	N/A	12.58%
5Y EPS CAGR	N/A	11.97%
Debt to Equity	N/A	74.98%
P/S Ratio	N/A	3.22
P/B Ratio	N/A	3.71

Net Assets

BITO

$1.30B

IAI

$1.30B

Expense Ratio

BITO

0.95%

Winner

IAI

0.38%

Max Drawdown

BITO

81.58%

Winner

IAI

75.80%

Sharpe Ratio

BITO

-1.24

Winner

IAI

0.35

5Y Beta

BITO

1.20

Winner

IAI

1.07

P/E Ratio

BITO

N/A

IAI

21.25

Forward P/E

BITO

N/A

IAI

19.38

PEG Ratio

BITO

N/A

IAI

0.48

5Y Dividends CAGR

BITO

N/A

IAI

12.58%

5Y EPS CAGR

BITO

N/A

IAI

11.97%

Debt to Equity

BITO

N/A

IAI

74.98%

P/S Ratio

BITO

N/A

IAI

3.22

P/B Ratio

BITO

N/A

IAI

3.71

BITO vs IAI - Historical Returns

Returns include dividend reinvestment.

Period	BITO	IAI
1 month	+0.85%	-1.20%
3 months	-21.64%	+5.07%
6 months	-9.50%	+5.52%
1 year	-46.04%	+9.10%
5 years(CAGR)	-5.04%	+13.71%
10 years(CAGR)	N/A	+18.53%
Max(CAGR)	-5.04%	+8.22%

Winner

BITO

+0.85%

IAI

-1.20%

BITO

-21.64%

Winner

IAI

+5.07%

BITO

-9.50%

Winner

IAI

+5.52%

BITO

-46.04%

Winner

IAI

+9.10%

5Y(CAGR)

BITO

-5.04%

Winner

IAI

+13.71%

10Y(CAGR)

BITO

N/A

IAI

+18.53%

Max(CAGR)

BITO

-5.04%

Winner

IAI

+8.22%

BITO vs IAI - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	BITO	IAI
2026	-29.62%	+3.58%
2025	-14.44%	+25.49%
2024	+92.27%	+35.52%
2023	+135.98%	+14.79%
2022	-63.97%	-11.75%
2021	-31.09%	+41.17%
2020	N/A	+17.15%
2019	N/A	+23.36%
2018	N/A	-9.42%
2017	N/A	+27.80%
2016	N/A	+24.66%
2015	N/A	-0.96%
2014	N/A	+12.35%
2013	N/A	+61.82%
2012	N/A	+13.26%
2011	N/A	-28.09%
2010	N/A	+2.58%
2009	N/A	+39.54%
2008	N/A	-59.22%
2007	N/A	-5.34%
2006	N/A	+5.67%

BITO vs IAI Drawdown Comparison

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

The maximum drawdown for IAI was -75.46%, occurring on Nov 20, 2008. Recovery took 2385 trading sessions.

The current BITO drawdown is -49.96%. The current IAI drawdown is -4.72%.

Rank	BITO	IAI
#1	-77.86% Nov 9, 2021 - Nov 11, 2024	-75.46% Jun 20, 2007 - Dec 7, 2016
#2	-54.24% Oct 6, 2025 - Jun 30, 2026	-40.38% Feb 20, 2020 - Nov 23, 2020
#3	-29.78% Dec 17, 2024 - May 22, 2025	-28.84% Nov 2, 2021 - Mar 4, 2024
#4	-12.26% Aug 13, 2025 - Oct 6, 2025	-23.98% Mar 12, 2018 - Nov 25, 2019
#5	-12.06% Oct 20, 2021 - Nov 9, 2021	-23.14% Feb 18, 2025 - Jun 18, 2025
#6	-8.65% May 22, 2025 - Jul 10, 2025	-19.73% May 9, 2006 - Oct 5, 2006
#7	-8.58% Nov 22, 2024 - Dec 6, 2024	-16.52% Jan 15, 2026 - Jul 6, 2026
#8	-5.82% Jul 14, 2025 - Aug 13, 2025	-12.16% Feb 7, 2007 - Jun 15, 2007
#9	-5.40% Dec 6, 2024 - Dec 16, 2024	-9.18% Jan 12, 2021 - Feb 16, 2021
#10	-2.52% Nov 12, 2024 - Nov 15, 2024	-8.41% Mar 1, 2017 - Jun 28, 2017
#11	N/A	-8.12% Feb 1, 2018 - Mar 6, 2018
#12	N/A	-7.77% Nov 27, 2024 - Jan 21, 2025
#13	N/A	-7.07% Aug 27, 2021 - Oct 15, 2021
#14	N/A	-7.01% Jul 26, 2024 - Aug 16, 2024
#15	N/A	-6.97% Nov 12, 2025 - Dec 9, 2025

Correlation

Correlation between BITO and IAI is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2006 - 2026)

BITO vs IAI dividend yield comparison.

Year	BITO	IAI
2026	0.96%	0.62%
2025	78.29%	0.95%
2024	61.59%	1.05%
2023	15.14%	1.80%
2022	0.00%	2.14%
2021	0.00%	1.31%
2020	0.00%	1.55%
2019	0.00%	1.52%
2018	0.00%	1.58%
2017	0.00%	1.37%
2016	0.00%	1.49%
2015	0.00%	1.31%
2014	0.00%	1.13%
2013	0.00%	1.13%
2012	0.00%	2.97%
2011	0.00%	1.25%
2010	0.00%	1.62%
2009	0.00%	0.57%
2008	0.00%	2.28%
2007	0.00%	0.68%
2006	0.00%	0.20%