ProShares Bitcoin ETF vs J M Smucker Co — how do they compare? ProShares Bitcoin ETF trades at $8.65, while J M Smucker Co trades at $117.04 (market cap $12.54B). The key difference: J M Smucker Co pays a 3.82% dividend while ProShares Bitcoin ETF pays none, and J M Smucker Co is trading nearer its 52-week high, ProShares Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITO | SJM | |
|---|---|---|
Sector | Crypto-linked | Consumer Staples |
52-Week High | $22.27 | $126.35 |
52-Week Low | $7.98 | $89.53 |
Market Cap | — | $12.54B |
Enterprise Value | — | $19.57B |
Dividend Yield | — | 3.82% |
Trailing returns across standard periods
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 →J.M. Smucker is a packaged food company that primarily operates in the U.S. retail channel (87% of fiscal 2022 revenue), but also in U.S. food-service (7%), and international (6%). Its largest segment is pet food and treats (36% of 2022 revenue), with popular brands such as Milk-Bone, Meow Mix, 9Lives, Kibbles 'n Bits, Nature's Recipe, and Rachael Ray Nutrish. Its second-largest category is coffee (35% across channels) with the number-two brand Folgers and number-six Dunkin'. Other large categories are peanut butter (10%), with number-one Jif, fruit spreads (5%) with number-one Smucker's, and frozen hand-held foods (6%) with number-one Uncrustables.
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