SCO vs BITX
Comparison between ProShares UltraShort Bloomberg Crude Oil -2x Shares (SCO, ETF) and 2X BITCOIN STRATEGY ETF (BITX, ETF).
SCO vs BITX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SCO
$1.10B
Winner
BITX
$1.20B
Max Drawdown
SCO
99.80%
Winner
BITX
84.21%
Sharpe Ratio
SCO
-1.70
Winner
BITX
-1.26
5Y Beta
Winner
SCO
-0.36
BITX
2.56
SCO vs BITX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
SCO
+4.25%
BITX
-46.79%
3M
SCO
-42.83%
Winner
BITX
-32.86%
6M
SCO
-63.83%
Winner
BITX
-61.95%
1Y
Winner
SCO
-65.88%
BITX
-75.08%
5Y(CAGR)
SCO
-41.99%
BITX
N/A
10Y(CAGR)
SCO
-38.04%
BITX
N/A
Max(CAGR)
SCO
-26.36%
Winner
BITX
-1.30%
SCO vs BITX - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | SCO | BITX |
|---|---|---|
| 2026 | -66.33% | -61.62% |
| 2025 | +18.99% | -43.53% |
| 2024 | -20.71% | +132.62% |
| 2023 | -17.89% | +47.23% |
| 2022 | -61.75% | N/A |
| 2021 | -73.53% | N/A |
| 2020 | -4.04% | N/A |
| 2019 | -56.87% | N/A |
| 2018 | +20.20% | N/A |
| 2017 | -25.71% | N/A |
| 2016 | -52.70% | N/A |
| 2015 | +67.26% | N/A |
| 2014 | +128.35% | N/A |
| 2013 | -19.71% | N/A |
| 2012 | +13.72% | N/A |
| 2011 | -23.46% | N/A |
| 2010 | -21.59% | N/A |
| 2009 | -49.82% | N/A |
| 2008 | +12.07% | N/A |
SCO vs BITX Drawdown Comparison
The maximum drawdown for SCO was -99.80%, occurring on May 19, 2026. This drawdown has not yet recovered.
The maximum drawdown for BITX was -82.08%, occurring on Jun 5, 2026. This drawdown has not yet recovered.
The current SCO drawdown is -99.78%. The current BITX drawdown is -82.08%.
| Rank | SCO | BITX |
|---|---|---|
| #1 | -99.80% Feb 18, 2009 - May 19, 2026 | -82.08% Aug 13, 2025 - Jun 5, 2026 |
| #2 | -47.72% Dec 24, 2008 - Feb 13, 2009 | -61.27% Mar 13, 2024 - Nov 12, 2024 |
| #3 | -26.24% Dec 5, 2008 - Dec 22, 2008 | -56.41% Dec 17, 2024 - Aug 13, 2025 |
| #4 | -15.36% Nov 25, 2008 - Dec 1, 2008 | -43.00% Jul 13, 2023 - Oct 24, 2023 |
| #5 | N/A | -31.82% Jan 8, 2024 - Feb 12, 2024 |
| #6 | N/A | -17.21% Mar 4, 2024 - Mar 8, 2024 |
| #7 | N/A | -16.65% Dec 8, 2023 - Jan 8, 2024 |
| #8 | N/A | -16.49% Nov 22, 2024 - Dec 6, 2024 |
| #9 | N/A | -12.26% Nov 10, 2023 - Nov 15, 2023 |
| #10 | N/A | -10.82% Dec 6, 2024 - Dec 16, 2024 |
| #11 | N/A | -9.18% Nov 15, 2023 - Nov 24, 2023 |
| #12 | N/A | -6.85% Oct 25, 2023 - Nov 2, 2023 |
| #13 | N/A | -6.82% Nov 24, 2023 - Nov 28, 2023 |
| #14 | N/A | -6.59% Jul 3, 2023 - Jul 13, 2023 |
| #15 | N/A | -5.42% Nov 13, 2024 - Nov 15, 2024 |
Correlation
Correlation between SCO and BITX is 0.18 which considered as a very weak or no correlation - the stocks move independently of each other.
0.18
-101
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