BITU vs IMF

Comparison between PROSHARES ULTRA BITCOIN ETF (BITU, ETF) and INVESCO MANAGED FUTURES STRATEGY ETF (IMF, ETF).

BITU vs IMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITU(ETF)	IMF(ETF)
Net Assets	$301M	$301M
Expense Ratio	N/A	0.65%
Max Drawdown	87.76%	15.10%
Sharpe Ratio	-1.28	1.46
5Y Beta	2.57	0.28

Net Assets

Winner

BITU

$301M

IMF

$301M

Expense Ratio

BITU

N/A

IMF

0.65%

Max Drawdown

BITU

87.76%

Winner

IMF

15.10%

Sharpe Ratio

BITU

-1.28

Winner

IMF

1.46

5Y Beta

BITU

2.57

Winner

IMF

0.28

BITU vs IMF - Historical Returns

Returns include dividend reinvestment.

Period	BITU	IMF
1 month	+4.04%	+0.66%
3 months	-27.06%	+1.08%
6 months	-55.19%	+9.98%
1 year	-77.03%	+20.43%
Max(CAGR)	-32.41%	+3.03%

Winner

BITU

+4.04%

IMF

+0.66%

BITU

-27.06%

Winner

IMF

+1.08%

BITU

-55.19%

Winner

IMF

+9.98%

BITU

-77.03%

Winner

IMF

+20.43%

Max(CAGR)

BITU

-32.41%

Winner

IMF

+3.03%

BITU vs IMF - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	BITU	IMF
2026	-55.64%	+12.18%
2025	-41.72%	-7.96%
2024	+37.90%	N/A

BITU vs IMF 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 IMF was -15.10%, occurring on Aug 1, 2025. Recovery took 242 trading sessions.

The current BITU drawdown is -79.06%. The current IMF drawdown is -1.68%.

Rank	BITU	IMF
#1	-83.38% Oct 6, 2025 - Jun 30, 2026	-15.10% Mar 19, 2025 - Mar 6, 2026
#2	-55.31% Dec 17, 2024 - Jul 14, 2025	-4.54% May 19, 2026 - Jun 24, 2026
#3	-55.23% Apr 8, 2024 - Nov 11, 2024	-2.97% Mar 12, 2026 - Mar 31, 2026
#4	-23.71% Aug 13, 2025 - Oct 6, 2025	-1.67% Apr 6, 2026 - Apr 22, 2026
#5	-16.60% Nov 22, 2024 - Dec 6, 2024	-0.84% Mar 6, 2026 - Mar 10, 2026
#6	-12.18% Jul 14, 2025 - Aug 13, 2025	-0.75% May 5, 2026 - May 11, 2026
#7	-10.98% Dec 6, 2024 - Dec 16, 2024	-0.66% May 13, 2026 - May 19, 2026
#8	-5.11% Nov 13, 2024 - Nov 15, 2024	-0.28% Apr 23, 2026 - Apr 28, 2026
#9	-3.43% Apr 4, 2024 - Apr 8, 2024	-0.09% Mar 31, 2026 - Apr 2, 2026
#10	-0.63% Apr 2, 2024 - Apr 4, 2024	-0.06% May 1, 2026 - May 5, 2026

Correlation

Correlation between BITU and IMF is -0.92 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.92

-101