Which returned more over the last year, BITO or GOVT?

In the year to Sep 13, 2026, with distributions reinvested, BITO returned −34.8% and GOVT returned −1.0%, so GOVT returned more. One year is one year; the longer windows are in the table.

Which is cheaper, BITO or GOVT?

BITO charges 0.95% a year and GOVT charges 0.05%, so GOVT is cheaper. Fees come from each fund's prospectus.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BITO vs GOVT: how they differ

BITO and GOVT hold 0% of their weight in the same names, and GOVT returned more over the year.

ProShares Bitcoin ETF and iShares U.S. Treasury Bond ETF.

What they hold in common

By the books each fund has filed, BITO and GOVT hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in BITO	Only in GOVT
CME BITCOIN FUT DIGITAL ASSETS 25/SEP/20 81.49%	US TREASURY N/B 0.60%
COINBASE BIT FUT DIGITAL ASSETS 25/SEP/2 14.27%	TREASURY NOTE (OTR) 0.55%
S&P CME BITCOIN FUTURES DAILY ROLL INDEX 4.24%	TREASURY BOND (OLD) 0.42%
	TREASURY NOTE (2OLD) 0.25%
	TREASURY BOND (OTR) 0.16%
	BLK CSH FND TREASURY SL AGENCY 0.11%
	TREASURY NOTE (OLD) 0.11%
	TREASURY BOND (2OLD) 0.08%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026 and Sep 11, 2026.

BITO and GOVT on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	BITO ProShares Bitcoin ETF	GOVT iShares U.S. Treasury Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	ProShares	iShares
What it is	Bitcoin	U.S. Treasury Bond
Total return, 1 year	−34.8%	−1.0%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−52.3 pts	−18.5 pts
Expense ratio	0.95%	0.05%
Holdings	3	216

BITO in plain words

BITO is a digital asset fund tracking the Bitcoin. Over the year to Sep 11, 2026 it returned −34.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.95% a year. It sat 40.3% below its high of Oct 6, 2025 on Sep 11, 2026.

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, BITO or GOVT?: In the year to Sep 13, 2026, with distributions reinvested, BITO returned −34.8% and GOVT returned −1.0%, so GOVT returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BITO or GOVT?: BITO charges 0.95% a year and GOVT charges 0.05%, so GOVT is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BITO against GOVT, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BITO against GOVT, data as of Sep 13, 2026. https://etfiq.com/compare/any/bito-vs-govt Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources