BITO vs SOXS

Comparison between PROSHARES BITCOIN STRATEGY ETF (BITO, ETF) and Direxion Daily Semiconductor Bear 3X Shares (SOXS, ETF).

5-Year PerformanceBITO has outperformed SOXS, delivering a return of -5.8% compared to -80.9%

BITO vs SOXS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITO(ETF)	SOXS(ETF)
Net Assets	$1.70B	$1.80B
Expense Ratio	0.95%	N/A
Max Drawdown	81.02%	100.00%
Sharpe Ratio	-1.10	-2.66
5Y Beta	1.28	0.00

Net Assets

BITO

$1.70B

Winner

SOXS

$1.80B

Expense Ratio

BITO

0.95%

SOXS

N/A

Max Drawdown

Winner

BITO

81.02%

SOXS

100.00%

Sharpe Ratio

Winner

BITO

-1.10

SOXS

-2.66

5Y Beta

BITO

1.28

Winner

SOXS

0.00

BITO vs SOXS - Historical Returns

Returns include dividend reinvestment.

Period	BITO	SOXS
1 month	-18.05%	-47.24%
3 months	-12.55%	-89.51%
6 months	-30.01%	-93.17%
1 year	-41.76%	-97.80%
5 years(CAGR)	-5.77%	-80.93%
10 years(CAGR)	N/A	-79.51%
Max(CAGR)	-5.77%	-71.88%

Winner

BITO

-18.05%

SOXS

-47.24%

Winner

BITO

-12.55%

SOXS

-89.51%

Winner

BITO

-30.01%

SOXS

-93.17%

Winner

BITO

-41.76%

SOXS

-97.80%

5Y(CAGR)

Winner

BITO

-5.77%

SOXS

-80.93%

10Y(CAGR)

BITO

N/A

SOXS

-79.51%

Max(CAGR)

Winner

BITO

-5.77%

SOXS

-71.88%

BITO vs SOXS - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	BITO	SOXS
2026	-31.67%	-92.53%
2025	-14.44%	-85.82%
2024	+92.27%	-64.99%
2023	+135.98%	-85.76%
2022	-63.97%	+22.70%
2021	-31.09%	-81.18%
2020	N/A	-92.44%
2019	N/A	-83.57%
2018	N/A	-12.94%
2017	N/A	-69.30%
2016	N/A	-74.03%
2015	N/A	-25.17%
2014	N/A	-65.79%
2013	N/A	-67.79%
2012	N/A	-39.67%
2011	N/A	-25.57%
2010	N/A	-61.20%

BITO vs SOXS Drawdown Comparison

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

The maximum drawdown for SOXS was -100.00%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The current BITO drawdown is -51.43%. The current SOXS drawdown is -100.00%.

Rank	BITO	SOXS
#1	-77.86% Nov 9, 2021 - Nov 11, 2024	-100.00% Aug 31, 2010 - Jun 22, 2026
#2	-52.86% Oct 6, 2025 - Jun 5, 2026	-37.46% Mar 15, 2010 - Aug 31, 2010
#3	-29.78% Dec 17, 2024 - May 22, 2025	N/A
#4	-12.26% Aug 13, 2025 - Oct 6, 2025	N/A
#5	-12.06% Oct 20, 2021 - Nov 9, 2021	N/A
#6	-8.65% May 22, 2025 - Jul 10, 2025	N/A
#7	-8.58% Nov 22, 2024 - Dec 6, 2024	N/A
#8	-5.82% Jul 14, 2025 - Aug 13, 2025	N/A
#9	-5.40% Dec 6, 2024 - Dec 16, 2024	N/A
#10	-2.52% Nov 12, 2024 - Nov 15, 2024	N/A

Correlation

Correlation between BITO and SOXS is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

-101