IMF vs BITU

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

IMF vs BITU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

IMF

$301M

Winner

BITU

$301M

Expense Ratio

IMF

0.65%

BITU

N/A

Max Drawdown

Winner

IMF

15.10%

BITU

87.76%

Sharpe Ratio

Winner

IMF

1.46

BITU

-1.28

5Y Beta

Winner

IMF

0.28

BITU

2.57

IMF vs BITU - Historical Returns

Returns include dividend reinvestment.

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

IMF

+0.66%

Winner

BITU

+4.04%

Winner

IMF

+1.08%

BITU

-27.06%

Winner

IMF

+9.98%

BITU

-55.19%

Winner

IMF

+20.43%

BITU

-77.03%

Max(CAGR)

Winner

IMF

+3.03%

BITU

-32.41%

IMF vs BITU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

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

IMF vs BITU Drawdown Comparison

The maximum drawdown for IMF was -15.10%, occurring on Aug 1, 2025. Recovery took 242 trading sessions.

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

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

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

Correlation

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

-0.92

-101