Data as of Oct 28, 2026.
BITO vs SPHQ: Differences, Returns & Fees
Over the year to Oct 28, 2026, BITO returned −30.5% to SPHQ's +14.1%, and SPHQ 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 $18.7bn on Oct 27, 2026 for Invesco S&P 500 Quality ETF.
Pair scorecard
SPHQ costs 0.80 points a year less; their one-year returns differ by 44.6 points; SPHQ is 11.7 times larger.
| Measure | BITO | SPHQ |
|---|---|---|
| Return | ||
| Total return, 1 year | −30.5% | +14.1% |
| Drawdown | ||
| Below its high | 6.4%, high on Jun 30, 2026 | |
| Benchmark | ||
| What it tracks | Bitcoin futures and swaps on Bitcoin | S&P 500 Quality Index |
| Cost and size | ||
| Expense ratio | 0.95% | 0.15% |
| Net assets, as of Oct 27, 2026 | $1.6bn | $18.7bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 43.3% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, BITO and SPHQ 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 SPHQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BITO and SPHQ do different jobs. What does each one do in a portfolio?
- What each follows. BITO follows Bitcoin futures and swaps on Bitcoin and SPHQ follows S&P 500 Quality 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 SPHQ +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.
SPHQ
SPHQ tracks the S&P 500 Quality. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 43.3%. It sat 6.4% below its high of Jun 30, 2026 on Oct 28, 2026.
Questions people ask
- Are BITO and SPHQ in the same category?
- BITO is a crypto futures ETF and SPHQ 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 SPHQ?
- In the year to Oct 28, 2026, with distributions reinvested, BITO returned −30.5% and SPHQ +14.1%.
- Which is cheaper, BITO or SPHQ?
- SPHQ 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.
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 SPHQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/bito-vs-sphq
ETFIQ. (Oct 28, 2026). BITO against SPHQ. Retrieved from https://etfiq.com/compare/any/bito-vs-sphq
[BITO against SPHQ (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bito-vs-sphq)
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