SMOG vs BITI

Comparison between VANECK LOW CARBON ENERGY ETF (SMOG, ETF) and ProShares Short Bitcoin ETF (BITI, ETF).

SMOG vs BITI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMOG(ETF)	BITI(ETF)
Net Assets	$144M	$144M
Expense Ratio	0.64%	1.01%
Max Drawdown	85.12%	92.63%
Sharpe Ratio	0.81	1.16
5Y Beta	0.90	-1.30
5Y Dividends CAGR	108.94%	N/A

Net Assets

SMOG

$144M

Winner

BITI

$144M

Expense Ratio

Winner

SMOG

0.64%

BITI

1.01%

Max Drawdown

Winner

SMOG

85.12%

BITI

92.63%

Sharpe Ratio

SMOG

0.81

Winner

BITI

1.16

5Y Beta

SMOG

0.90

Winner

BITI

-1.30

5Y Dividends CAGR

SMOG

108.94%

BITI

N/A

SMOG vs BITI - Holdings Comparison

SMOG and BITI have 0 common holdings. Overlap is 0.00%

SMOG's top 25 holdings weight is 82.37%. BITI's top 25 holdings weight is 41.73%.

Rank	SMOG	BITI
#1	IBERDROLA SA (n/a) - 8.39%	PROSHARES GENIUS MONEY MARKET ETF (IQMM) - 41.73%
#2	TESLA INC (TSLA) - 8.34%	N/A
#3	NEXTERA ENERGY INC (NEE) - 7.39%	N/A
#4	ENEL SPA (n/a) - 6.85%	N/A
#5	BLOOM ENERGY CORP CLASS A (BE) - 6.18%	N/A
#6	BYD CO LTD CLASS H (n/a) - 5.57%	N/A
#7	VESTAS WIND SYSTEMS AS (n/a) - 4.64%	N/A
#8	SAMSUNG SDI CO LTD (n/a) - 3.74%	N/A
#9	FIRST SOLAR INC (FSLR) - 3.25%	N/A
#10	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 2.98%	N/A
#11	n/a (n/a) - 2.64%	N/A
#12	KINGSPAN GROUP PLC (n/a) - 2.27%	N/A
#13	AXIA ENERGIA ADR (AXIA) - 2.13%	N/A
#14	ORSTED AS (n/a) - 2.04%	N/A
#15	NEXTPOWER INC CLASS A (NXT) - 1.99%	N/A
#16	NIO INC ADR (NIO) - 1.78%	N/A
#17	OWENS-CORNING INC (OC) - 1.74%	N/A
#18	XPENG INC ADR (XPEV) - 1.60%	N/A
#19	LI AUTO INC ADR (LI) - 1.43%	N/A
#20	ENLIGHT RENEWABLE ENERGY LTD (n/a) - 1.36%	N/A
#21	ACCIONA SA (n/a) - 1.36%	N/A
#22	NIBE INDUSTRIER AB CLASS B (n/a) - 1.24%	N/A
#23	LG ENERGY SOLUTION LTD (n/a) - 1.21%	N/A
#24	HORIBA LTD (n/a) - 1.13%	N/A
#25	NORDEX SE AKT. NACH KAPITALHERABSETZUNG (n/a) - 1.12%	N/A
Total Holdings	63	1

SMOG vs BITI - Historical Returns

Returns include dividend reinvestment.

Period	SMOG	BITI
1 month	-6.98%	-3.41%
3 months	-7.49%	+10.91%
6 months	+2.62%	+25.26%
1 year	+21.12%	+56.15%
5 years(CAGR)	-1.30%	-37.16%
10 years(CAGR)	+11.54%	N/A
Max(CAGR)	+1.72%	-37.16%

SMOG

-6.98%

Winner

BITI

-3.41%

SMOG

-7.49%

Winner

BITI

+10.91%

SMOG

+2.62%

Winner

BITI

+25.26%

SMOG

+21.12%

Winner

BITI

+56.15%

5Y(CAGR)

Winner

SMOG

-1.30%

BITI

-37.16%

10Y(CAGR)

SMOG

+11.54%

BITI

N/A

Max(CAGR)

Winner

SMOG

+1.72%

BITI

-37.16%

SMOG vs BITI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SMOG	BITI
2026	+4.80%	+23.99%
2025	+33.36%	+2.65%
2024	-7.01%	-59.89%
2023	+2.30%	-66.00%
2022	-31.09%	-0.06%
2021	-4.97%	N/A
2020	+115.26%	N/A
2019	+38.81%	N/A
2018	-11.11%	N/A
2017	+21.18%	N/A
2016	-4.76%	N/A
2015	+1.41%	N/A
2014	-3.92%	N/A
2013	+65.57%	N/A
2012	+0.16%	N/A
2011	-44.69%	N/A
2010	-21.49%	N/A
2009	+1.88%	N/A
2008	-61.13%	N/A
2007	+49.27%	N/A

SMOG vs BITI Drawdown Comparison

The maximum drawdown for SMOG was -84.40%, occurring on Jul 24, 2012. Recovery took 3276 trading sessions.

The maximum drawdown for BITI was -92.16%, occurring on Oct 6, 2025. This drawdown has not yet recovered.

The current SMOG drawdown is -22.81%. The current BITI drawdown is -86.81%.

Rank	SMOG	BITI
#1	-84.40% Dec 26, 2007 - Dec 30, 2020	-92.16% Nov 9, 2022 - Oct 6, 2025
#2	-51.09% Jan 22, 2021 - Apr 8, 2025	-26.60% Jun 30, 2022 - Nov 9, 2022
#3	-16.51% Nov 8, 2007 - Dec 24, 2007	-5.57% Jun 22, 2022 - Jun 30, 2022
#4	-15.59% Jul 13, 2007 - Sep 24, 2007	N/A
#5	-5.99% Jun 5, 2007 - Jun 28, 2007	N/A
#6	-5.84% Jan 8, 2021 - Jan 22, 2021	N/A
#7	-3.75% Oct 31, 2007 - Nov 6, 2007	N/A
#8	-2.37% Oct 2, 2007 - Oct 5, 2007	N/A
#9	-2.26% Oct 18, 2007 - Oct 23, 2007	N/A
#10	-1.89% Oct 5, 2007 - Oct 9, 2007	N/A
#11	-1.73% May 11, 2007 - May 22, 2007	N/A
#12	-1.40% Oct 15, 2007 - Oct 17, 2007	N/A
#13	-1.05% May 9, 2007 - May 11, 2007	N/A
#14	-1.01% Jul 9, 2007 - Jul 12, 2007	N/A
#15	-0.97% Oct 29, 2007 - Oct 31, 2007	N/A

Correlation

Correlation between SMOG and BITI is -0.07 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.07

-101

Dividend Comparison (2008 - 2026)

SMOG vs BITI dividend yield comparison.

Year	SMOG	BITI
2026	0.00%	15.39%
2025	1.57%	1.60%
2024	1.64%	3.91%
2023	1.58%	3.33%
2022	1.32%	0.06%
2021	0.44%	0.00%
2020	0.06%	0.00%
2018	0.62%	0.00%
2017	1.25%	0.00%
2016	2.12%	0.00%
2015	0.56%	0.00%
2014	0.21%	0.00%
2013	0.99%	0.00%
2012	1.88%	0.00%
2011	3.19%	0.00%
2010	0.95%	0.00%
2009	0.05%	0.00%
2008	0.60%	0.00%