Data as of Oct 28, 2026.
BITO vs IWM: Differences, Returns & Fees
Over the year to Oct 28, 2026, BITO returned −30.5% to IWM's +14.1%, and IWM charges 0.19% to BITO's 0.95%.
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Net assets: $1.6bn on Oct 28, 2026 for ProShares Bitcoin ETF, and $75.5bn on Oct 27, 2026 for iShares Russell 2000 ETF.
Pair scorecard
IWM costs 0.76 points a year less; their one-year returns differ by 44.6 points; IWM is far larger, $75.5bn against $1.6bn.
| Measure | BITO | IWM |
|---|---|---|
| Return | ||
| Total return, 1 year | −30.5% | +14.1% |
| Drawdown | ||
| Below its high | 7.6%, high on Aug 14, 2026 | |
| Benchmark | ||
| What it tracks | Bitcoin futures and swaps on Bitcoin | Russell 2000 Index |
| Cost and size | ||
| Expense ratio | 0.95% | 0.19% |
| Net assets, as of Oct 27, 2026 | $1.6bn | $75.5bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 3.3% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, BITO and IWM hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
BITO and IWM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BITO and IWM do different jobs. What does each one do in a portfolio?
- What each follows. BITO follows Bitcoin futures and swaps on Bitcoin and IWM follows Russell 2000 Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 BITO returned −30.5% and IWM +14.1% with distributions reinvested, a gap of 44.6 points.
Data as of Oct 28, 2026.
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BITO is a registered fund that reaches Bitcoin through what its N-PORT for Aug 31, 2026 lists: Bitcoin futures and swaps on Bitcoin. Over the year to Oct 28, 2026, Bitcoin moved −28.3% and BITO returned −30.5%. That leaves it 2.2 percentage points behind. BITO is a registered investment company: it files a monthly N-PORT rather than a 10-K. Its N-PORT for Aug 31, 2026 puts 67.9% of its net assets in ProShares GENIUS Money Market ETF.
A holder gets exposure to Bitcoin without the fund holding the coin itself. That difference is the fee, the cost of rolling the futures from one month to the next, what the futures traded at against Bitcoin, and what the market paid for the shares, all of it together. It is the only number on this page the sponsor does not publish itself.
IWM
IWM tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +14.3% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.19% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,977 positions, with the top ten at 3.3%. It sat 7.6% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Are BITO and IWM in the same category?
- BITO is a crypto futures ETF and IWM is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, BITO or IWM?
- In the year to Oct 28, 2026, with distributions reinvested, BITO returned −30.5% and IWM +14.1%.
- Which is cheaper, BITO or IWM?
- IWM is cheaper, by 0.76 percentage points a year. That is about $76 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, BITO against IWM, data as of Oct 28, 2026. https://etfiq.com/compare/any/bito-vs-iwm
ETFIQ. (Oct 28, 2026). BITO against IWM. Retrieved from https://etfiq.com/compare/any/bito-vs-iwm
[BITO against IWM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bito-vs-iwm)
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