ProShares Ultra Bitcoin ETF vs J M Smucker Co — how do they compare? ProShares Ultra Bitcoin ETF trades at $9.35, while J M Smucker Co trades at $117.5 (market cap $12.54B). The key difference: J M Smucker Co pays a 3.82% dividend while ProShares Ultra Bitcoin ETF pays none, and J M Smucker Co is trading nearer its 52-week high, ProShares Ultra Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITU | SJM | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Staples |
52-Week High | $64.41 | $126.35 |
52-Week Low | $8.12 | $89.53 |
Market Cap | — | $12.54B |
Enterprise Value | — | $19.57B |
Dividend Yield | — | 3.82% |
Trailing returns across standard periods
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 →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.
Read more on SJM →