SBIT vs IBIT
Comparison between ProShares UltraShort Bitcoin ETF (SBIT, ETF) and iShares Bitcoin Trust (IBIT, ETF).
SBIT vs IBIT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SBIT
$183M
Winner
IBIT
$62B
Expense Ratio
SBIT
N/A
IBIT
0.25%
Max Drawdown
SBIT
91.41%
Winner
IBIT
52.11%
Sharpe Ratio
Winner
SBIT
1.13
IBIT
-1.13
5Y Beta
Winner
SBIT
-2.54
IBIT
1.28
SBIT vs IBIT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
SBIT
+77.73%
IBIT
-26.23%
3M
Winner
SBIT
+29.56%
IBIT
-15.47%
6M
Winner
SBIT
+64.63%
IBIT
-32.65%
1Y
Winner
SBIT
+80.24%
IBIT
-41.01%
Max(CAGR)
SBIT
-40.68%
Winner
IBIT
+10.91%
SBIT vs IBIT - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | SBIT | IBIT |
|---|---|---|
| 2026 | +68.40% | -32.98% |
| 2025 | -17.96% | -10.33% |
| 2024 | -73.12% | +99.21% |
SBIT vs IBIT Drawdown Comparison
The maximum drawdown for SBIT was -91.35%, occurring on Oct 6, 2025. This drawdown has not yet recovered.
The maximum drawdown for IBIT was -52.11%, occurring on Jun 5, 2026. This drawdown has not yet recovered.
The current SBIT drawdown is -74.66%. The current IBIT drawdown is -52.11%.
| Rank | SBIT | IBIT |
|---|---|---|
| #1 | -91.35% May 1, 2024 - Oct 6, 2025 | -52.11% Oct 6, 2025 - Jun 5, 2026 |
| #2 | -17.11% Apr 3, 2024 - Apr 15, 2024 | -28.22% Dec 17, 2024 - May 20, 2025 |
| #3 | -16.87% Apr 17, 2024 - Apr 30, 2024 | -27.51% Mar 13, 2024 - Nov 6, 2024 |
| #4 | N/A | -16.18% Jan 11, 2024 - Feb 9, 2024 |
| #5 | N/A | -12.03% Aug 13, 2025 - Oct 6, 2025 |
| #6 | N/A | -8.62% Mar 4, 2024 - Mar 8, 2024 |
| #7 | N/A | -8.48% Nov 22, 2024 - Dec 6, 2024 |
| #8 | N/A | -8.48% May 22, 2025 - Jul 9, 2025 |
| #9 | N/A | -5.81% Jul 14, 2025 - Aug 13, 2025 |
| #10 | N/A | -5.31% Dec 6, 2024 - Dec 13, 2024 |
| #11 | N/A | -2.59% Nov 12, 2024 - Nov 15, 2024 |
| #12 | N/A | -1.99% Feb 20, 2024 - Feb 22, 2024 |
| #13 | N/A | -1.88% Feb 22, 2024 - Feb 26, 2024 |
| #14 | N/A | -1.54% Feb 12, 2024 - Feb 14, 2024 |
| #15 | N/A | -0.95% Mar 11, 2024 - Mar 13, 2024 |
Correlation
Correlation between SBIT and IBIT is -0.73 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.73
-101
Select Stocks to Compare
Popular: SBIT vs SPYIBIT vs SPY
More Comparisons
Compare with similar stocks