ProShares Ultra Bitcoin ETF vs Devon Energy Corp — how do they compare? ProShares Ultra Bitcoin ETF trades at $9.36, while Devon Energy Corp trades at $45.3 (market cap $49.94B). The key difference: Devon Energy Corp pays a 2.82% dividend while ProShares Ultra Bitcoin ETF pays none, and Devon Energy Corp is trading nearer its 52-week high, ProShares Ultra Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITU | DVN | |
|---|---|---|
Sector | Leveraged / Inverse | Energy |
52-Week High | $64.41 | $52.07 |
52-Week Low | $8.12 | $31.74 |
Market Cap | — | $49.94B |
Enterprise Value | — | $60.68B |
Dividend Yield | — | 2.82% |
Trailing returns across standard periods
Latest headlines on both assets
BITU is a leveraged ETF that seeks to provide two times (2x) the daily performance of Bitcoin. It is designed for sophisticated investors looking for magnified exposure to Bitcoin’s daily price movements.
Read more on BITU →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 →