BITO vs PWB

Comparison between PROSHARES BITCOIN STRATEGY ETF (BITO, ETF) and INVESCO LARGE CAP GROWTH ETF (PWB, ETF).

5-Year PerformancePWB has outperformed BITO, delivering a return of +18.3% compared to -2.9%

BITO vs PWB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITO(ETF)	PWB(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.95%	0.55%
Max Drawdown	79.69%	52.98%
Sharpe Ratio	-0.86	2.03
5Y Beta	1.27	1.17
P/E Ratio	N/A	42.64
Forward P/E	N/A	28.70
PEG Ratio	N/A	0.44
5Y Dividends CAGR	N/A	-25.19%
5Y EPS CAGR	N/A	27.49%
Debt to Equity	N/A	48.55%
P/S Ratio	N/A	5.25
P/B Ratio	N/A	11.68

Net Assets

BITO

$1.90B

PWB

$1.90B

Expense Ratio

BITO

0.95%

Winner

PWB

0.55%

Max Drawdown

BITO

79.69%

Winner

PWB

52.98%

Sharpe Ratio

BITO

-0.86

Winner

PWB

2.03

5Y Beta

BITO

1.27

Winner

PWB

1.17

P/E Ratio

BITO

N/A

PWB

42.64

Forward P/E

BITO

N/A

PWB

28.70

PEG Ratio

BITO

N/A

PWB

0.44

5Y Dividends CAGR

BITO

N/A

PWB

-25.19%

5Y EPS CAGR

BITO

N/A

PWB

27.49%

Debt to Equity

BITO

N/A

PWB

48.55%

P/S Ratio

BITO

N/A

PWB

5.25

P/B Ratio

BITO

N/A

PWB

11.68

BITO vs PWB - Historical Returns

Returns include dividend reinvestment.

Period	BITO	PWB
1 month	-9.18%	+10.30%
3 months	+2.57%	+20.03%
6 months	-17.67%	+28.74%
1 year	-33.95%	+45.83%
5 years(CAGR)	-2.95%	+18.25%
10 years(CAGR)	N/A	+18.40%
Max(CAGR)	-2.95%	+12.44%

BITO

-9.18%

Winner

PWB

+10.30%

BITO

+2.57%

Winner

PWB

+20.03%

BITO

-17.67%

Winner

PWB

+28.74%

BITO

-33.95%

Winner

PWB

+45.83%

5Y(CAGR)

BITO

-2.95%

Winner

PWB

+18.25%

10Y(CAGR)

BITO

N/A

PWB

+18.40%

Max(CAGR)

BITO

-2.95%

Winner

PWB

+12.44%

BITO vs PWB - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	BITO	PWB
2026	-21.43%	+26.07%
2025	-14.44%	+24.92%
2024	+92.27%	+33.11%
2023	+135.98%	+32.25%
2022	-63.97%	-25.87%
2021	-31.09%	+20.63%
2020	N/A	+31.03%
2019	N/A	+24.71%
2018	N/A	+0.24%
2017	N/A	+29.93%
2016	N/A	+5.00%
2015	N/A	+7.96%
2014	N/A	+14.05%
2013	N/A	+33.83%
2012	N/A	+17.97%
2011	N/A	-0.70%
2010	N/A	+12.60%
2009	N/A	+30.14%
2008	N/A	-41.42%
2007	N/A	+12.42%
2006	N/A	+3.53%
2005	N/A	+6.67%

BITO vs PWB Drawdown Comparison

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

The maximum drawdown for PWB was -52.58%, occurring on Mar 9, 2009. Recovery took 1121 trading sessions.

The current BITO drawdown is -44.14%.

Rank	BITO	PWB
#1	-77.86% Nov 9, 2021 - Nov 11, 2024	-52.58% Oct 12, 2007 - Mar 26, 2012
#2	-49.79% Oct 6, 2025 - Feb 5, 2026	-32.36% Feb 19, 2020 - Jul 2, 2020
#3	-29.78% Dec 17, 2024 - May 22, 2025	-31.41% Dec 27, 2021 - Jan 24, 2024
#4	-12.26% Aug 13, 2025 - Oct 6, 2025	-22.10% Feb 18, 2025 - Jun 2, 2025
#5	-12.06% Oct 20, 2021 - Nov 9, 2021	-20.50% Oct 1, 2018 - Apr 5, 2019
#6	-8.65% May 22, 2025 - Jul 10, 2025	-13.94% Jul 20, 2015 - Jul 8, 2016
#7	-8.58% Nov 22, 2024 - Dec 6, 2024	-13.46% Feb 12, 2021 - Apr 15, 2021
#8	-5.82% Jul 14, 2025 - Aug 13, 2025	-12.18% Apr 6, 2006 - Dec 11, 2006
#9	-5.40% Dec 6, 2024 - Dec 16, 2024	-12.11% Jan 29, 2026 - Apr 13, 2026
#10	-2.52% Nov 12, 2024 - Nov 15, 2024	-10.04% Jul 16, 2024 - Sep 19, 2024
#11	N/A	-9.98% Jan 26, 2018 - May 21, 2018
#12	N/A	-9.63% Sep 2, 2020 - Nov 5, 2020
#13	N/A	-9.53% May 2, 2012 - Sep 6, 2012
#14	N/A	-9.16% Jul 17, 2007 - Sep 21, 2007
#15	N/A	-8.75% Oct 29, 2025 - Jan 6, 2026

Correlation

Correlation between BITO and PWB is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2005 - 2026)

BITO vs PWB dividend yield comparison.

Year	BITO	PWB
2026	0.61%	0.00%
2025	78.29%	0.00%
2024	61.59%	0.08%
2023	15.14%	0.37%
2022	0.00%	0.31%
2021	0.00%	0.04%
2020	0.00%	0.21%
2019	0.00%	0.58%
2018	0.00%	0.97%
2017	0.00%	0.54%
2016	0.00%	0.82%
2015	0.00%	0.67%
2014	0.00%	0.43%
2013	0.00%	0.42%
2012	0.00%	1.12%
2011	0.00%	0.89%
2010	0.00%	0.64%
2009	0.00%	0.60%
2008	0.00%	0.71%
2007	0.00%	0.19%
2006	0.00%	0.12%
2005	0.00%	0.02%