Performance analysis of SBIT (ProShares UltraShort Bitcoin ETF)
Annual Return
Since Apr 2, 2024, SBIT has had an average annual return of -44.74%, underperforming the benchmark SPY, which returned +20.13% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +37.16% | -25.11% | -73.12% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.27% | +41.48% | -10.64% | -22.62% | +6.99% | +24.48% | +37.16% | ||||||
| 2025 | -19.16% | +40.87% | -2.58% | -28.54% | -20.51% | -6.91% | -16.04% | +13.60% | -11.77% | +4.82% | +39.54% | +3.71% | -25.11% |
| 2024 | +18.61% | -28.28% | +23.42% | -22.17% | +8.40% | -18.04% | -21.04% | -54.26% | +2.52% | -73.12% |
Drawdown analysis of SBIT (ProShares UltraShort Bitcoin ETF)
The maximum drawdown for the SBIT was -91.35%, occurring on Oct 6, 2025. This drawdown has not yet recovered.
The current SBIT drawdown is -78.23%.
Since Apr 2, 2024 SBIT has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -91.35% | May 1, 2024 | 358 | Oct 6, 2025 | Ongoing | Ongoing | Ongoing |
| -17.10% | Apr 3, 2024 | 3 | Apr 8, 2024 | 5 | Apr 15, 2024 | 8 |
| -16.87% | Apr 17, 2024 | 3 | Apr 22, 2024 | 6 | Apr 30, 2024 | 9 |