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BITO vs TAGG

Comparison between PROSHARES BITCOIN STRATEGY ETF (BITO, ETF) and T. ROWE PRICE QM U.S. BOND ETF (TAGG, ETF).

5-Year PerformanceTAGG has outperformed BITO, delivering a return of +0.2% compared to -6.4%

BITO vs TAGG - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
BITO
$1.90B
TAGG
$1.90B
Expense Ratio
BITO
0.95%
Winner
TAGG
0.08%
Max Drawdown
BITO
81.02%
Winner
TAGG
21.31%
Sharpe Ratio
BITO
-1.21
Winner
TAGG
0.14
5Y Beta
BITO
1.28
Winner
TAGG
0.02

BITO vs TAGG - Historical Returns

Returns include dividend reinvestment.

1M
BITO
-26.37%
Winner
TAGG
-0.21%
3M
BITO
-15.91%
Winner
TAGG
-1.09%
6M
BITO
-33.57%
Winner
TAGG
+0.28%
1Y
BITO
-42.84%
Winner
TAGG
+4.53%
5Y(CAGR)
BITO
-6.44%
Winner
TAGG
+0.18%
Max(CAGR)
BITO
-6.44%
Winner
TAGG
+0.18%

BITO vs TAGG - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

YearBITOTAGG
2026-33.69%-0.08%
2025-14.44%+7.35%
2024+92.27%+2.10%
2023+135.98%+5.30%
2022-63.97%-12.04%
2021-31.09%+0.01%

BITO vs TAGG Drawdown Comparison

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

The maximum drawdown for TAGG was -17.27%, occurring on Oct 20, 2022. Recovery took 987 trading sessions.

The current BITO drawdown is -52.86%. The current TAGG drawdown is -2.26%.

RankBITOTAGG
#1-77.86%
Nov 9, 2021 - Nov 11, 2024
-17.27%
Nov 9, 2021 - Oct 16, 2025
#2-52.86%
Oct 6, 2025 - Jun 5, 2026
-3.19%
Feb 27, 2026 - May 19, 2026
#3-29.78%
Dec 17, 2024 - May 22, 2025
-1.08%
Oct 27, 2025 - Nov 26, 2025
#4-12.26%
Aug 13, 2025 - Oct 6, 2025
-1.01%
Oct 1, 2021 - Nov 5, 2021
#5-12.06%
Oct 20, 2021 - Nov 9, 2021
-0.88%
Nov 26, 2025 - Jan 14, 2026
#6-8.65%
May 22, 2025 - Jul 10, 2025
-0.62%
Jan 14, 2026 - Feb 5, 2026
#7-8.58%
Nov 22, 2024 - Dec 6, 2024
-0.21%
Nov 5, 2021 - Nov 9, 2021
#8-5.82%
Jul 14, 2025 - Aug 13, 2025
-0.19%
Oct 22, 2025 - Oct 27, 2025
#9-5.40%
Dec 6, 2024 - Dec 16, 2024
-0.17%
Feb 10, 2026 - Feb 12, 2026
#10-2.52%
Nov 12, 2024 - Nov 15, 2024
-0.15%
Feb 17, 2026 - Feb 23, 2026
#11N/A-0.14%
Feb 6, 2026 - Feb 10, 2026
#12N/A-0.07%
Feb 23, 2026 - Feb 26, 2026
#13N/A-0.07%
Oct 16, 2025 - Oct 20, 2025

Correlation

Correlation between BITO and TAGG is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68
-101

Dividend Comparison (2021 - 2026)

BITO vs TAGG dividend yield comparison.

YearBITOTAGG
20260.73%1.87%
202578.29%4.36%
202461.59%4.36%
202315.14%3.48%
20220.00%3.67%
20210.00%0.33%

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