FEGE vs BITO

Comparison between FIRST EAGLE GLOBAL EQUITY ETF (FEGE, ETF) and PROSHARES BITCOIN STRATEGY ETF (BITO, ETF).

FEGE vs BITO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEGE(ETF)	BITO(ETF)
Net Assets	$1.80B	$1.90B
Expense Ratio	0.50%	0.95%
Max Drawdown	11.13%	79.69%
Sharpe Ratio	1.97	-0.86
5Y Beta	0.67	1.27
P/E Ratio	20.96	N/A
Forward P/E	16.50	N/A
PEG Ratio	0.42	N/A
P/S Ratio	0.86	N/A
P/B Ratio	3.02	N/A

Net Assets

FEGE

$1.80B

Winner

BITO

$1.90B

Expense Ratio

Winner

FEGE

0.50%

BITO

0.95%

Max Drawdown

Winner

FEGE

11.13%

BITO

79.69%

Sharpe Ratio

Winner

FEGE

1.97

BITO

-0.86

5Y Beta

Winner

FEGE

0.67

BITO

1.27

P/E Ratio

FEGE

20.96

BITO

N/A

Forward P/E

FEGE

16.50

BITO

N/A

PEG Ratio

FEGE

0.42

BITO

N/A

P/S Ratio

FEGE

0.86

BITO

N/A

P/B Ratio

FEGE

3.02

BITO

N/A

FEGE vs BITO - Historical Returns

Returns include dividend reinvestment.

Period	FEGE	BITO
1 month	+2.80%	-9.18%
3 months	-0.63%	+2.57%
6 months	+11.33%	-17.67%
1 year	+30.13%	-33.95%
5 years(CAGR)	N/A	-2.95%
Max(CAGR)	+29.42%	-2.95%

Winner

FEGE

+2.80%

BITO

-9.18%

FEGE

-0.63%

Winner

BITO

+2.57%

Winner

FEGE

+11.33%

BITO

-17.67%

Winner

FEGE

+30.13%

BITO

-33.95%

5Y(CAGR)

FEGE

N/A

BITO

-2.95%

Max(CAGR)

Winner

FEGE

+29.42%

BITO

-2.95%

FEGE vs BITO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FEGE	BITO
2026	+8.25%	-21.43%
2025	+33.15%	-14.44%
2024	-1.12%	+92.27%
2023	N/A	+135.98%
2022	N/A	-63.97%
2021	N/A	-31.09%

FEGE vs BITO Drawdown Comparison

The maximum drawdown for FEGE was -11.13%, occurring on Apr 8, 2025. Recovery took 37 trading sessions.

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

The current FEGE drawdown is -2.16%. The current BITO drawdown is -44.14%.

Rank	FEGE	BITO
#1	-11.13% Mar 19, 2025 - May 12, 2025	-77.86% Nov 9, 2021 - Nov 11, 2024
#2	-10.96% Feb 27, 2026 - Mar 27, 2026	-49.79% Oct 6, 2025 - Feb 5, 2026
#3	-3.86% Nov 12, 2025 - Nov 26, 2025	-29.78% Dec 17, 2024 - May 22, 2025
#4	-3.27% Oct 6, 2025 - Nov 11, 2025	-12.26% Aug 13, 2025 - Oct 6, 2025
#5	-2.92% Mar 7, 2025 - Mar 17, 2025	-12.06% Oct 20, 2021 - Nov 9, 2021
#6	-2.42% Jul 23, 2025 - Aug 7, 2025	-8.65% May 22, 2025 - Jul 10, 2025
#7	-1.93% Dec 26, 2024 - Jan 16, 2025	-8.58% Nov 22, 2024 - Dec 6, 2024
#8	-1.85% Feb 20, 2025 - Mar 7, 2025	-5.82% Jul 14, 2025 - Aug 13, 2025
#9	-1.68% Jun 12, 2025 - Jun 30, 2025	-5.40% Dec 6, 2024 - Dec 16, 2024
#10	-1.65% Jul 3, 2025 - Jul 23, 2025	-2.52% Nov 12, 2024 - Nov 15, 2024
#11	-1.59% Dec 11, 2025 - Dec 22, 2025	N/A
#12	-1.56% Jan 14, 2026 - Jan 22, 2026	N/A
#13	-1.46% May 20, 2025 - Jun 2, 2025	N/A
#14	-1.42% Feb 11, 2026 - Feb 20, 2026	N/A
#15	-1.37% Jan 29, 2026 - Feb 4, 2026	N/A

Correlation

Correlation between FEGE and BITO is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

-101