BITU vs AFOS

Comparison between PROSHARES ULTRA BITCOIN ETF (BITU, ETF) and ARS FOCUSED OPPORTUNITIES STRATEGY ETF (AFOS, ETF).

BITU vs AFOS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITU(ETF)	AFOS(ETF)
Net Assets	$301M	$301M
Expense Ratio	N/A	0.45%
Max Drawdown	87.76%	11.52%
Sharpe Ratio	-1.28	2.29
5Y Beta	2.57	1.46
P/E Ratio	N/A	44.80
Forward P/E	N/A	19.04
PEG Ratio	N/A	0.19
5Y EPS CAGR	N/A	35.53%
Debt to Equity	N/A	78.65%
P/S Ratio	N/A	3.79
P/B Ratio	N/A	7.06

Net Assets

Winner

BITU

$301M

AFOS

$301M

Expense Ratio

BITU

N/A

AFOS

0.45%

Max Drawdown

BITU

87.76%

Winner

AFOS

11.52%

Sharpe Ratio

BITU

-1.28

Winner

AFOS

2.29

5Y Beta

BITU

2.57

Winner

AFOS

1.46

P/E Ratio

BITU

N/A

AFOS

44.80

Forward P/E

BITU

N/A

AFOS

19.04

PEG Ratio

BITU

N/A

AFOS

0.19

5Y EPS CAGR

BITU

N/A

AFOS

35.53%

Debt to Equity

BITU

N/A

AFOS

78.65%

P/S Ratio

BITU

N/A

AFOS

3.79

P/B Ratio

BITU

N/A

AFOS

7.06

BITU vs AFOS - Historical Returns

Returns include dividend reinvestment.

Period	BITU	AFOS
1 month	+4.04%	-4.97%
3 months	-27.06%	+11.07%
6 months	-55.19%	+19.31%
1 year	-77.03%	+69.11%
Max(CAGR)	-32.41%	+70.68%

Winner

BITU

+4.04%

AFOS

-4.97%

BITU

-27.06%

Winner

AFOS

+11.07%

BITU

-55.19%

Winner

AFOS

+19.31%

BITU

-77.03%

Winner

AFOS

+69.11%

Max(CAGR)

BITU

-32.41%

Winner

AFOS

+70.68%

BITU vs AFOS - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	BITU	AFOS
2026	-55.64%	+26.73%
2025	-41.72%	+36.15%
2024	+37.90%	N/A

BITU vs AFOS Drawdown Comparison

The maximum drawdown for BITU was -83.38%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for AFOS was -11.52%, occurring on Mar 30, 2026. Recovery took 32 trading sessions.

The current BITU drawdown is -79.06%. The current AFOS drawdown is -4.97%.

Rank	BITU	AFOS
#1	-83.38% Oct 6, 2025 - Jun 30, 2026	-11.52% Feb 25, 2026 - Apr 13, 2026
#2	-55.31% Dec 17, 2024 - Jul 14, 2025	-7.26% Jun 22, 2026 - Jul 20, 2026
#3	-55.23% Apr 8, 2024 - Nov 11, 2024	-6.99% Jun 2, 2026 - Jun 15, 2026
#4	-23.71% Aug 13, 2025 - Oct 6, 2025	-6.05% Nov 10, 2025 - Nov 28, 2025
#5	-16.60% Nov 22, 2024 - Dec 6, 2024	-5.74% Jan 28, 2026 - Feb 25, 2026
#6	-12.18% Jul 14, 2025 - Aug 13, 2025	-5.32% May 11, 2026 - May 26, 2026
#7	-10.98% Dec 6, 2024 - Dec 16, 2024	-4.71% Dec 11, 2025 - Dec 22, 2025
#8	-5.11% Nov 13, 2024 - Nov 15, 2024	-3.60% Oct 8, 2025 - Oct 23, 2025
#9	-3.43% Apr 4, 2024 - Apr 8, 2024	-2.77% Sep 22, 2025 - Sep 30, 2025
#10	-0.63% Apr 2, 2024 - Apr 4, 2024	-2.31% Nov 3, 2025 - Nov 10, 2025
#11	N/A	-2.23% Apr 24, 2026 - Apr 30, 2026
#12	N/A	-2.23% Jan 6, 2026 - Jan 12, 2026
#13	N/A	-1.95% Aug 12, 2025 - Aug 26, 2025
#14	N/A	-1.78% May 6, 2026 - May 11, 2026
#15	N/A	-1.61% Dec 26, 2025 - Jan 2, 2026

Correlation

Correlation between BITU and AFOS is -0.90 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.90

-101