Skip to content
etf.net

BITU vs TXXD

ProShares Ultra Bitcoin ETF

BITUANYSE Arca

21Shares 2x Long Dogecoin ETF

TXXDFNasdaq

Overlap

Expense ratio

BITU −2.41pt a year

BITU0.95%TXXD3.36%

Avg volume · 30D

BITU 63.2×the volume

BITU4.37MTXXD69.1K

BITU vs TXXD Performance

Dec 31, 2025 – Oct 30, 2026

−42.7%BITU−78.0%TXXD

Dec 31, 2025 to Oct 30, 2026. BITU −42.7%. TXXD −78.0%. Use the arrow keys to read each point.−25%0%25%50%Dec 2025Jun 2026Oct 2026
Expense ratio
BITU 0.95%, better
TXXD 3.36%
Fund size
BITU $478M
TXXD $4M
1Y total return
BITU −65.6%
TXXD No data
Yield (12M)
BITU 53.60%
TXXD No data
Holdings
BITU 1
TXXD 3
Avg volume (30D)
BITU 4.37M sh, better
TXXD 69.1K sh
NAV per share
BITU $12.52
TXXD $31.66
52W range

ETF.net Grade

BITU: Cost 91, Risk 65, Mission not scored, Tradability 84, Holdings not scored, Durability 78. TXXD: Cost 8, Risk 21, Mission not scored, Tradability 28, Holdings not scored, Durability 23.
Pillar letters and Scores for BITU, TXXD, with each pillar’s weight
PillarBITUTXXD
Cost30% weightA91HigherF8
Mission25% weightNot scoredNot scored
Risk15% weightB65HigherF21
Tradability15% weightA84HigherD28
Holdings10% weightNot scoredNot scored
Durability5% weightA78HigherF23

Rank among 2x Long Crypto funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BITU and TXXD are both graded against the same 14 2x Long Crypto funds, so their Grades compare head to head.

2x Long Crypto⁠

Category · 14 funds
See all 14 ›

BITU ranks 1st and TXXD 13th of 14 funds in the 2x Long Crypto Category.

  1. Rank 1ABITUProShares Ultra Bitcoin ETFScore 82
  2. Rank 2AETHTProShares Ultra Ether ETFScore 76
  3. Rank 12DSOLT2x Solana ETFScore 38
  4. Rank 13FTXXD21Shares 2x Long Dogecoin ETFScore 16
  5. Rank 14FTXXS21Shares 2x Long Sui ETFScore 12

Our read on each fund

ETF.net Research

BITUAProShares Ultra Bitcoin ETF

TXXDF21Shares 2x Long Dogecoin ETF

In short

BITU ProShares' double-speed bitcoin trade. BITU targets 2x the daily move of the Bloomberg Bitcoin Index using swaps and futures, never the coin itself, for 0.95% inside an ordinary brokerage account.

TXXD Leverage aimed at the internet's dog coin. TXXD uses DOGE swaps and futures to chase twice Dogecoin's daily move, NAV to NAV, resetting every day. The 3.36% expense ratio sits above the leveraged-crypto norm.

Stated mandate

BITU BITU seeks daily investment results corresponding to two times the daily performance of the Bloomberg Bitcoin Index, before fees and expenses.

TXXD The fund seeks daily, before-fee-and-expense returns equal to twice Dogecoin's daily price performance, measured from one NAV calculation to the next. It is not designed to achieve that objective over periods longer than one day.

Why people hold it

  • BITU 0.95%, with gross and net the same, so no expiring waiver is propping up the price. BITX charges 2.75% for the same 2x bitcoin idea. Below the median fee in the leveraged crypto category.
  • A 1940 Act registered fund bought like any stock: no wallet, no exchange account, no private keys to lose.proshares.com
  • The reference point is the Bloomberg Bitcoin Index, Bloomberg's measure of a single bitcoin priced in USD, not a basket or a miner proxy.proshares.com
  • Among the leveraged crypto funds we grade, it stands near the top of the group on cost and day-to-day tradability.
  • TXXD Targets twice Dogecoin's daily price move using DOGE swaps and futures, so the exposure arrives in a brokerage account rather than a crypto wallet.21shares.com
  • The mandate is blunt about its own limits: daily results before fees, measured one NAV calculation to the next, and not designed for any longer period.21shares.com
  • Dogecoin is a rare leverage target. The category's best-known funds point at bitcoin, ether and XRP (BITU, ETHT, UXRP). This one aims its 2x at DOGE.

Worth knowing

  • BITU The 2x target applies to a single day and resets. Hold longer and volatility compounding takes over, so multi-day results can land meaningfully above or below 2x the index.proshares.com
  • Double the move of one of the most volatile assets traded. That cuts both ways: drawdowns arrive twice as fast.
  • No coins here. Exposure comes from swaps and futures per the prospectus, and the fund's own history only starts in 2024.proshares.com
  • TXXD Cost sits at the top of the group: 3.36% a year, above the category median, against 0.95% for BITU and 2.75% for BITX.
  • Daily reset means compounding. Held through a choppy stretch, results can drift far from twice DOGE's move over that span, in either direction.21shares.com
  • Launched in November 2025, so the record is short and the asset base still modest for a fund stacking leverage on a famously jumpy coin.

Full BITU profile⁠

Full TXXD profile⁠

BITU vs TXXD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BITU vs TXXD Cost

Overpaying TXXD vs BITU

$29,024

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BITU 0.95%

    $17,869

  • TXXD 3.36%

    $46,893

$10,000
30 years

Cost over time

  • BITU 0.95%
  • TXXD 3.36%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530TXXD $46,893BITU $17,869

Year by year

YearBITUTXXDOverpaying
10$1,678$5,374$3,696
20$6,322$18,254$11,932
30$17,869$46,893$29,024

Expense ratio

  • 0.95%BITU, cheaper
  • 3.36%TXXD
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

BITU cheapest of 14 funds

TXXD 13th cheapest of 14 funds

BITU vs TXXD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BITU 53.60%
TXXD No data
Payout (12M)
BITU $6.71
TXXD No data
Last payment
BITU $0.0088
TXXD $0.03
Ex-dividend
BITU Oct 1, 2026
TXXD Feb 25, 2026
Paid on
BITU Oct 7, 2026
TXXD Feb 26, 2026
Frequency
BITU Monthly
TXXD Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

BITUMonthly · 24 paymentsAll BITU payments⁠
One bar per payment. 24 payments from 2024 to 2026 YTD. May 1, 2024 $0.02; Jun 3, 2024 $0.02; Jul 1, 2024 $0.02; Aug 1, 2024 $0.0082; Dec 23, 2024 $0.0045; Feb 3, 2025 $1.21; Mar 3, 2025 $0.79; Jun 2, 2025 $0.58; Jul 1, 2025 $0.18; Aug 1, 2025 $0.97; Sep 2, 2025 $0.49; Oct 1, 2025 $0.33; Nov 3, 2025 $0.40; Dec 1, 2025 $0.43; Dec 24, 2025 $5.73; Feb 2, 2026 $0.03; Mar 2, 2026 $0.02; Apr 1, 2026 $0.01; May 1, 2026 $0.01; Jun 1, 2026 $0.01; Jul 1, 2026 $0.01; Aug 3, 2026 $0.02; Sep 1, 2026 $0.01; Oct 1, 2026 $0.0088. Use the arrow keys to read each point.$0$52026YTD
TXXDIrregular · 1 paymentAll TXXD payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Feb 25, 2026 $0.03. Use the arrow keys to read each point.$0$52026YTD

BITU vs TXXD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BITU 94.2%since May 2024TXXD No data
Return per unit of riskSharpe ratio, 3 years
BITU 0.20since May 2024TXXD No data
Worst fallMax drawdown, 5 years
BITU −83.4%since Apr 2024TXXD No data
Market sensitivityBeta, 5 years
BITU 3.42TXXD 3.56

BITU and TXXD in the news

All news⁠

Popular comparisons

  • BITUAvsETHTA

    ProShares Ultra Bitcoin ETF · ProShares Ultra Ether ETF

    Expense ratio
    0.95% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TXXDFvsETHTA

    21Shares 2x Long Dogecoin ETF · ProShares Ultra Ether ETF

    Expense ratio
    3.36% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BITUAvsBTCLB

    ProShares Ultra Bitcoin ETF · T-Rex 2X Long Bitcoin Daily Target ETF

    Expense ratio
    0.95% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TXXDFvsBTCLB

    21Shares 2x Long Dogecoin ETF · T-Rex 2X Long Bitcoin Daily Target ETF

    Expense ratio
    3.36% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BITUAvsBITXB

    ProShares Ultra Bitcoin ETF · 2x Bitcoin Strategy ETF

    Expense ratio
    0.95% · 2.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TXXDFvsBITXB

    21Shares 2x Long Dogecoin ETF · 2x Bitcoin Strategy ETF

    Expense ratio
    3.36% · 2.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.