ProShares Bitcoin ETF vs Devon Energy Corp — how do they compare? ProShares Bitcoin ETF trades at $8.66, while Devon Energy Corp trades at $45.35 (market cap $49.94B). The key difference: Devon Energy Corp pays a 2.82% dividend while ProShares Bitcoin ETF pays none, and Devon Energy Corp is trading nearer its 52-week high, ProShares Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITO | DVN | |
|---|---|---|
Sector | Crypto-linked | Energy |
52-Week High | $22.27 | $52.07 |
52-Week Low | $7.98 | $31.74 |
Market Cap | — | $49.94B |
Enterprise Value | — | $60.68B |
Dividend Yield | — | 2.82% |
Trailing returns across standard periods
Latest headlines on both assets
BITO offers exposure to Bitcoin returns primarily through Bitcoin futures contracts. It provides a regulated way for investors to trade Bitcoin performance within a traditional brokerage account without direct ownership.
Read more on BITO →Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2021, Devon's proved reserves totaled 1.6 billion barrels of oil equivalent, and net production that year was 572 thousand boe/d, of which oil and natural gas liquids made up 74% of production, with natural gas accounting for the remainder.
Read more on DVN →