ABAT vs. GSIB
ABAT (American Battery Technology Company Common Stock) is a stock, while GSIB (Themes Global Systemically Important Banks ETF) is Financials Equities fund actively managed by Themes. Over the past year, ABAT returned -5.00% vs 49.09% for GSIB. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
ABAT vs. GSIB - Performance Comparison
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Returns By Period
In the year-to-date period, ABAT achieves a -37.43% return, which is significantly lower than GSIB's 22.66% return.
ABAT
- 1D
- 2.45%
- 1M
- -25.62%
- 6M
- -48.27%
- YTD
- -37.43%
- 1Y
- -5.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -45.42%
GSIB
- 1D
- -0.11%
- 1M
- 6.55%
- 6M
- 18.14%
- YTD
- 22.66%
- 1Y
- 49.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.01M | $8.06M | $19.57M | |
| $2.37M | $1.31M | $753.15K |
ABAT vs. GSIB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ABAT American Battery Technology Company Common Stock | -37.43% | 35.77% | -47.55% | 0.64% |
GSIB Themes Global Systemically Important Banks ETF | 22.66% | 61.67% | 32.86% | 1.75% |
Correlation
The correlation between ABAT and GSIB is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2023 | 0.24 |
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Return for Risk
ABAT vs. GSIB — Risk / Return Rank
ABAT
GSIB
ABAT vs. GSIB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Battery Technology Company Common Stock (ABAT) and Themes Global Systemically Important Banks ETF (GSIB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABAT | GSIB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.66 | ||
| Sortino ratioReturn per unit of downside risk | -2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.43 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 3.38 | -3.43 |
| Martin ratioReturn relative to average drawdown | -0.06 | 11.87 | -11.93 |
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Drawdowns
ABAT vs. GSIB - Drawdown Comparison
The maximum ABAT drawdown since its inception was -93.56%, which is greater than GSIB's maximum drawdown of -17.71%. Use the drawdown chart below to compare losses from any high point for ABAT and GSIB.
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Drawdown Indicators
| ABAT | GSIB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.56% | -17.71% | -75.85% |
Max Drawdown (1Y)Largest decline over 1 year | -81.99% | -13.90% | -68.09% |
Current DrawdownCurrent decline from peak | -82.29% | -0.11% | -82.18% |
Average DrawdownAverage peak-to-trough decline | -77.67% | -1.99% | -75.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 60.96% | 3.95% | +57.01% |
Volatility
ABAT vs. GSIB - Volatility Comparison
American Battery Technology Company Common Stock (ABAT) has a higher volatility of 18.32% compared to Themes Global Systemically Important Banks ETF (GSIB) at 5.74%. This indicates that ABAT's price experiences larger fluctuations and is considered to be riskier than GSIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABAT | GSIB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.32% | 5.74% | +12.58% |
Volatility (6M)Calculated over the trailing 6-month period | 63.31% | 14.93% | +48.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 126.50% | 17.90% | +108.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 120.53% | 18.46% | +102.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 120.53% | 18.46% | +102.07% |
Dividends
ABAT vs. GSIB - Dividend Comparison
ABAT has not paid dividends to shareholders, while GSIB's dividend yield for the trailing twelve months is around 1.55%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ABAT American Battery Technology Company Common Stock | 0.00% | 0.00% | 0.00% |
GSIB Themes Global Systemically Important Banks ETF | 1.55% | 1.91% | 1.67% |
Frequently Asked Questions
ABAT and GSIB have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABAT has higher volatility (18.32%) compared to GSIB (5.74%). In terms of maximum drawdown, ABAT dropped -93.56% vs GSIB's -17.71%.
GSIB currently has the higher Sharpe Ratio (2.63 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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