BITO vs SPBC
ProShares Bitcoin ETF compared with Simplify US Equity PLUS Bitcoin Strategy ETF on yield, payout growth, payment schedule, cost and risk.
BITO
ProShares Bitcoin ETF
TTM yield · Monthly
SPBC
Simplify US Equity PLUS Bitcoin Strategy ETF
TTM yield · Quarterly
Quick take
- BITO yields more today: 1.35% vs 0.80% (forward).
- SPBC has grown its payout faster: 11.1%/yr vs -69.7%/yr over the last 1 year.
- BITO pays every month; SPBC pays every quarter.
- Over the last year SPBC delivered the higher total return: +17.6% vs -29.4% (price change plus payouts).
- SPBC is cheaper to own: 0.54% vs 0.95% expense ratio.
- SPBC has the steadier distribution: consistency 92/100 vs 0/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BITO | SPBC |
|---|---|---|
| Share price | $10.59 | $50.27 |
| TTM yield | 30.29% | 0.80% |
| Forward yield | 1.35% | 0.80% |
| Annual payout per share | $0.1425 | $0.40 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 24, 2026 (est.) |
| Expense ratio | 0.95% | 0.54% |
| 1-year payout growth | -69.7% | +11.1% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 0/100 | 92/100 |
| 1-year total return | -29.4% | +17.6% |
| 1-year price return | -45.8% | +16.7% |
| Size (market cap / AUM) | 1.7B | 40.0M |
| Years paying | 3.6 | 5.2 |
| Sector / category | Digital Assets | Digital Assets |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| BITO | SPBC | |
|---|---|---|
| Shares | 944.3 | 198.9 |
| Income per year | $135 | $80 |
| Income per month (avg) | $11 | $7 |
At forward yields, before taxes. Model BITO · Model SPBC
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BITO Oct 1, 2026 | Oct 15, 2026 | $0.0119 | Est. |
| BITO Oct 31, 2026 | Nov 14, 2026 | $0.0119 | Est. |
| BITO Nov 30, 2026 | Dec 14, 2026 | $0.0119 | Est. |
| SPBC Sep 24, 2026 | Sep 29, 2026 | $0.10 | Est. |
| SPBC Dec 24, 2026 | Dec 29, 2026 | $0.10 | Est. |
| SPBC Mar 25, 2027 | Mar 30, 2027 | $0.10 | Est. |
Annual payouts per share
BITOSPBC
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, BITO or SPBC?
BITO currently has the higher trailing yield: BITO yields 30.29% and SPBC yields 0.80%. Yield changes daily with price, so check the live figures above.
How often do BITO and SPBC pay?
BITO pays every month and SPBC pays every quarter. BITO's next ex-date is Oct 1, 2026 and SPBC's is Sep 24, 2026.
Which has grown its dividend faster, BITO or SPBC?
SPBC has grown its payout faster: 11.1%/yr vs -69.7%/yr over the last 1 year.
Is BITO or SPBC better for income?
It depends on what you are optimising for. BITO and SPBC differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.