BTCL vs UPRO
T-Rex 2X Long Bitcoin Daily Target ETF vs ProShares UltraPro S&P 500
Which is better, BTCL or UPRO?
UPRO has been ahead.
UPRO has a lower expense ratio. UPRO led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BTCL | UPRO |
|---|---|---|
| Expense Ratio | 0.95% | 0.88%Best |
| AUM | $39M | $5.7B |
| Dividend Yield | 2.45% | 0.77% |
| Holdings | 4 | 520 |
| YTD Return | -37.84% | +29.25%Best |
| 1Y Return | -64.80% | +38.25%Best |
| 3Y Return (annualized) | - | +51.43% |
| 5Y Return (annualized) | - | +19.36% |
| Volatility (annualized) | 95.7% | 37.8%Best |
| Max Drawdown | -84.3% | -49.1%Best |
| $10,000 over 2.3 years | $7,983 | $18,097Best |
| Fund Family | REX Shares | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 10, 2024 | Jun 23, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 10, 2024 to Oct 14, 2026 (2.3 years).
BTCL vs UPRO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
BTCL vs UPRO Performance
T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) is an ETF from REX Shares and ProShares UltraPro S&P 500 (UPRO) is an ETF from ProShares. Over the past year BTCL returned -64.80% while UPRO returned +38.25%. Year to date, BTCL is down 37.84% versus a gain of 29.25% for UPRO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BTCL has been the more volatile fund, with annualized monthly volatility of 95.7% compared with 37.8% for UPRO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -84.3% for BTCL and -49.1% for UPRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BTCL charges 0.95% per year while UPRO charges 0.88%. On a $10,000 position that is $95 vs $88 annually, a gap of $7 per year that compounds over a long holding period. On income, BTCL currently yields 2.45% against 0.77% for UPRO.
Holdings Overlap
We hold position weights for 1 holding in BTCL and 502 in UPRO, totalling 9.7% and 72.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in BTCL and 502 in UPRO, against full books of 4 and 520.
You are not choosing between two funds in isolation.
Whichever of BTCL and UPRO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BTCL or UPRO?
BTCL has an expense ratio of 0.95% while UPRO charges 0.88%. UPRO is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, BTCL or UPRO?
Over the past year BTCL returned -64.80% vs +38.25% for UPRO, so UPRO leads on 1-year performance. Over the longest common window we track (2 years), BTCL annualized -9.33% vs +29.42% for UPRO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BTCL or UPRO?
BTCL has been the more volatile fund at 95.7% annualized versus 37.8% for UPRO. Worst drawdown: BTCL -84.3% vs UPRO -49.1%.
Should I hold both BTCL and UPRO?
BTCL and UPRO have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BTCL or UPRO?
BTCL yields 2.45% while UPRO yields 0.77%, so BTCL currently pays the higher dividend yield.
Is UPRO better than BTCL?
UPRO has a lower expense ratio. UPRO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.