BITO vs TIPX

Comparison between PROSHARES BITCOIN STRATEGY ETF (BITO, ETF) and STATE STREET(R) SPDR(R) BLOOMBERG 1-10 YEAR TIPS ETF (TIPX, ETF).

5-Year PerformanceTIPX has outperformed BITO, delivering a return of +2.2% compared to -6.4%

BITO vs TIPX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITO(ETF)	TIPX(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.95%	0.15%
Max Drawdown	81.02%	16.71%
Sharpe Ratio	-1.21	0.23
5Y Beta	1.28	0.01
5Y Dividends CAGR	N/A	14.41%

Net Assets

BITO

$1.90B

TIPX

$1.90B

Expense Ratio

BITO

0.95%

Winner

TIPX

0.15%

Max Drawdown

BITO

81.02%

Winner

TIPX

16.71%

Sharpe Ratio

BITO

-1.21

Winner

TIPX

0.23

5Y Beta

BITO

1.28

Winner

TIPX

0.01

5Y Dividends CAGR

BITO

N/A

TIPX

14.41%

BITO vs TIPX - Historical Returns

Returns include dividend reinvestment.

Period	BITO	TIPX
1 month	-26.37%	-0.46%
3 months	-15.91%	+0.29%
6 months	-33.57%	+1.21%
1 year	-42.84%	+4.60%
5 years(CAGR)	-6.44%	+2.18%
10 years(CAGR)	N/A	+2.90%
Max(CAGR)	-6.44%	+2.27%

BITO

-26.37%

Winner

TIPX

-0.46%

BITO

-15.91%

Winner

TIPX

+0.29%

BITO

-33.57%

Winner

TIPX

+1.21%

BITO

-42.84%

Winner

TIPX

+4.60%

5Y(CAGR)

BITO

-6.44%

Winner

TIPX

+2.18%

10Y(CAGR)

BITO

N/A

TIPX

+2.90%

Max(CAGR)

BITO

-6.44%

Winner

TIPX

+2.27%

BITO vs TIPX - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	BITO	TIPX
2026	-33.69%	+1.29%
2025	-14.44%	+7.03%
2024	+92.27%	+3.25%
2023	+135.98%	+4.32%
2022	-63.97%	-7.43%
2021	-31.09%	+5.29%
2020	N/A	+8.13%
2019	N/A	+6.48%
2018	N/A	-0.21%
2017	N/A	+1.64%
2016	N/A	+2.89%
2015	N/A	-0.07%
2014	N/A	+0.56%
2013	N/A	-3.58%

BITO vs TIPX Drawdown Comparison

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

The maximum drawdown for TIPX was -10.04%, occurring on Sep 30, 2022. Recovery took 634 trading sessions.

The current BITO drawdown is -52.86%. The current TIPX drawdown is -0.72%.

Rank	BITO	TIPX
#1	-77.86% Nov 9, 2021 - Nov 11, 2024	-10.04% Mar 8, 2022 - Sep 16, 2024
#2	-52.86% Oct 6, 2025 - Jun 5, 2026	-7.96% Mar 5, 2020 - May 28, 2020
#3	-29.78% Dec 17, 2024 - May 22, 2025	-5.26% Aug 15, 2014 - Jun 10, 2016
#4	-12.26% Aug 13, 2025 - Oct 6, 2025	-4.95% Jun 5, 2013 - Jun 30, 2014
#5	-12.06% Oct 20, 2021 - Nov 9, 2021	-3.97% Jul 6, 2016 - Mar 8, 2019
#6	-8.65% May 22, 2025 - Jul 10, 2025	-3.49% Nov 17, 2021 - Mar 7, 2022
#7	-8.58% Nov 22, 2024 - Dec 6, 2024	-2.32% Sep 24, 2024 - Feb 24, 2025
#8	-5.82% Jul 14, 2025 - Aug 13, 2025	-2.03% Apr 3, 2025 - Jun 25, 2025
#9	-5.40% Dec 6, 2024 - Dec 16, 2024	-1.78% Feb 11, 2021 - Apr 26, 2021
#10	-2.52% Nov 12, 2024 - Nov 15, 2024	-1.41% Aug 28, 2019 - Jan 2, 2020
#11	N/A	-1.29% Mar 17, 2026 - Apr 14, 2026
#12	N/A	-1.13% Jun 30, 2014 - Aug 14, 2014
#13	N/A	-1.06% Jun 10, 2021 - Jul 2, 2021
#14	N/A	-1.03% Aug 3, 2021 - Sep 9, 2021
#15	N/A	-0.99% Sep 9, 2021 - Oct 25, 2021

Correlation

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

0.76

-101

Dividend Comparison (2013 - 2026)

BITO vs TIPX dividend yield comparison.

Year	BITO	TIPX
2026	0.73%	2.15%
2025	78.29%	3.78%
2024	61.59%	3.57%
2023	15.14%	3.56%
2022	0.00%	6.08%
2021	0.00%	4.26%
2020	0.00%	1.73%
2019	0.00%	2.53%
2018	0.00%	1.90%
2017	0.00%	2.84%
2016	0.00%	1.04%
2015	0.00%	0.06%
2014	0.00%	1.52%
2013	0.00%	0.25%