Data as of Oct 28, 2026.

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Across categories

BITO vs PULS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BITO returned −30.5% to PULS's +4.0%, and PULS charges 0.15% to BITO's 0.95%.

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Net assets: $1.6bn on Oct 28, 2026 for ProShares Bitcoin ETF, and $19.8bn on Oct 27, 2026 for PGIM Ultra Short Bond ETF.

At a glance
−30.5%
BITO total return, 1 year
+4.0%
PULS total return, 1 year
0.95%
BITO expense ratio
0.15%
PULS expense ratio

Pair scorecard

PULS costs 0.80 points a year less; their one-year returns differ by 34.5 points; PULS is 12.4 times larger.

BITO vs PULS: Differences, Returns & Fees
MeasureBITOPULS
Return
Total return, 1 year−30.5%+4.0%
Benchmark
What it tracksBitcoin futures and swaps on BitcoinNo index, actively managed
Cost and size
Expense ratio0.95%0.15%
Net assets, as of Oct 27, 2026$1.6bn$19.8bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated May 29, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, BITO and PULS hold 0% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BITO PULS
Only in one fund ↓
Only in BITO
CME BITCOIN FUT DIGITAL ASSETS 27/NOV/2026 BTCX6 CURNCY 45.87%
CME BITCOIN FUT DIGITAL ASSETS 30/OCT/2026 BTCV6 CURNCY 34.05%
COINBASE BIT FUT DIGITAL ASSETS 30/OCT/2026 BTIV6 CURNCY 15.54%
S&P CME BITCOIN FUTURES DAILY ROLL INDEX SWAP SOCIETE GENERALE 4.59%
Only in PULS
PGIM ETF Trust 1.81%
GLENCORE FUNDING LLC 0.74%
Alexandria Real Estate Equities, Inc. 0.66%
ABN AMRO BANK NV 0.57%
BX TRUST 2022-LBA6 0.51%
FEDERATION DES CAISSES DESJARDINS DU QUEBEC 0.51%
BX TRUST 2018-BILT 0.43%
BROADCOM INC 0.43%
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Side by side

BITO ProShares Bitcoin ETF PULS PGIM Ultra Short Bond ETF
Where it sits Crypto futures ETF Bond ETF
What it is Holds Bitcoin futures and swaps on Bitcoin Actively managed
Total return, 1 year −30.5% +4.0%
Expense ratio 0.95% 0.15%
Holdings not read by ETFIQ 553
Net assets, BITO as of Oct 28, 2026 and PULS as of Oct 27, 2026 $1.6bn $19.8bn

BITO and PULS on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief

No client brief for this pair: the two funds' holdings are dated 151 days apart.

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About each fund
BITO

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.

PULS

PULS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.0% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Are BITO and PULS in the same category?
BITO is a crypto futures ETF and PULS is a bond 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 PULS?
In the year to Oct 28, 2026, with distributions reinvested, BITO returned −30.5% and PULS +4.0%.
Which is cheaper, BITO or PULS?
PULS is cheaper, by 0.80 percentage points a year. That is about $80 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BITO against PULS, data as of Oct 28, 2026. https://etfiq.com/compare/any/bito-vs-puls

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