BITO vs PXH

Comparison between PROSHARES BITCOIN STRATEGY ETF (BITO, ETF) and INVESCO RAFI EMERGING MARKETS ETF (PXH, ETF).

5-Year PerformancePXH has outperformed BITO, delivering a return of +10.0% compared to +0.0%

BITO vs PXH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITO(ETF)	PXH(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.95%	0.47%
Max Drawdown	79.69%	64.04%
Sharpe Ratio	-0.45	2.11
5Y Beta	1.28	0.69
5Y Dividends CAGR	N/A	12.94%

Net Assets

BITO

$1.90B

PXH

$1.90B

Expense Ratio

BITO

0.95%

Winner

PXH

0.47%

Max Drawdown

BITO

79.69%

Winner

PXH

64.04%

Sharpe Ratio

BITO

-0.45

Winner

PXH

2.11

5Y Beta

BITO

1.28

Winner

PXH

0.69

5Y Dividends CAGR

BITO

N/A

PXH

12.94%

BITO vs PXH - Historical Returns

Returns include dividend reinvestment.

Period	BITO	PXH
1 month	+11.49%	+5.74%
3 months	+20.35%	+3.52%
6 months	-21.28%	+13.50%
1 year	-22.44%	+36.48%
5 years(CAGR)	+0.00%	+10.02%
10 years(CAGR)	N/A	+10.86%
Max(CAGR)	+0.00%	+3.82%

Winner

BITO

+11.49%

PXH

+5.74%

Winner

BITO

+20.35%

PXH

+3.52%

BITO

-21.28%

Winner

PXH

+13.50%

BITO

-22.44%

Winner

PXH

+36.48%

5Y(CAGR)

BITO

+0.00%

Winner

PXH

+10.02%

10Y(CAGR)

BITO

N/A

PXH

+10.86%

Max(CAGR)

BITO

+0.00%

Winner

PXH

+3.82%

BITO vs PXH - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BITO	PXH
2026	-9.78%	+12.07%
2025	-14.44%	+32.33%
2024	+92.27%	+13.60%
2023	+135.98%	+13.38%
2022	-63.97%	-15.91%
2021	-31.09%	+8.12%
2020	N/A	-4.00%
2019	N/A	+15.53%
2018	N/A	-10.54%
2017	N/A	+24.12%
2016	N/A	+36.69%
2015	N/A	-21.91%
2014	N/A	-3.34%
2013	N/A	-9.11%
2012	N/A	+12.13%
2011	N/A	-20.56%
2010	N/A	+10.08%
2009	N/A	+60.24%
2008	N/A	-44.13%
2007	N/A	+1.04%

BITO vs PXH Drawdown Comparison

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

The maximum drawdown for PXH was -63.64%, occurring on Nov 20, 2008. Recovery took 866 trading sessions.

The current BITO drawdown is -35.86%. The current PXH drawdown is -0.03%.

Rank	BITO	PXH
#1	-77.86% Nov 9, 2021 - Nov 11, 2024	-63.64% Oct 29, 2007 - Apr 6, 2011
#2	-49.79% Oct 6, 2025 - Feb 5, 2026	-49.58% Apr 7, 2011 - Jan 2, 2018
#3	-29.78% Dec 17, 2024 - May 22, 2025	-40.40% Jan 26, 2018 - Feb 11, 2021
#4	-12.26% Aug 13, 2025 - Oct 6, 2025	-29.62% Feb 16, 2022 - May 16, 2024
#5	-12.06% Oct 20, 2021 - Nov 9, 2021	-17.73% Oct 7, 2024 - Jun 9, 2025
#6	-8.65% May 22, 2025 - Jul 10, 2025	-10.24% Feb 25, 2026 - May 5, 2026
#7	-8.58% Nov 22, 2024 - Dec 6, 2024	-9.29% Jun 10, 2021 - Feb 9, 2022
#8	-5.82% Jul 14, 2025 - Aug 13, 2025	-8.97% May 17, 2024 - Sep 24, 2024
#9	-5.40% Dec 6, 2024 - Dec 16, 2024	-6.09% Oct 12, 2007 - Oct 26, 2007
#10	-2.52% Nov 12, 2024 - Nov 15, 2024	-5.49% Feb 17, 2021 - May 7, 2021
#11	N/A	-4.78% Oct 6, 2025 - Oct 20, 2025
#12	N/A	-4.18% May 7, 2021 - May 27, 2021
#13	N/A	-4.06% Nov 12, 2025 - Jan 2, 2026
#14	N/A	-3.69% Jul 23, 2025 - Aug 12, 2025
#15	N/A	-3.46% Jan 29, 2026 - Feb 11, 2026

Correlation

Correlation between BITO and PXH is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2007 - 2026)

BITO vs PXH dividend yield comparison.

Year	BITO	PXH
2026	0.41%	0.32%
2025	78.29%	4.02%
2024	61.59%	4.43%
2023	15.14%	4.84%
2022	0.00%	5.33%
2021	0.00%	4.69%
2020	0.00%	2.79%
2019	0.00%	3.28%
2018	0.00%	3.30%
2017	0.00%	2.74%
2016	0.00%	1.97%
2015	0.00%	3.44%
2014	0.00%	3.19%
2013	0.00%	2.80%
2012	0.00%	2.08%
2011	0.00%	2.46%
2010	0.00%	1.05%
2009	0.00%	0.83%
2008	0.00%	2.79%
2007	0.00%	0.44%