ALRM vs. IBIT
Compare and contrast key facts about Alarm.com Holdings, Inc. (ALRM) and iShares Bitcoin Trust (IBIT).
IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALRM or IBIT.
Correlation
The correlation between ALRM and IBIT is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALRM vs. IBIT - Performance Comparison
Key characteristics
ALRM:
-0.62
IBIT:
1.21
ALRM:
-0.84
IBIT:
1.83
ALRM:
0.90
IBIT:
1.22
ALRM:
-0.36
IBIT:
2.24
ALRM:
-1.16
IBIT:
4.90
ALRM:
17.04%
IBIT:
12.90%
ALRM:
29.86%
IBIT:
53.96%
ALRM:
-57.92%
IBIT:
-28.22%
ALRM:
-47.96%
IBIT:
-3.41%
Returns By Period
In the year-to-date period, ALRM achieves a -7.83% return, which is significantly lower than IBIT's 10.57% return.
ALRM
-7.83%
5.54%
-11.76%
-18.53%
2.29%
N/A
IBIT
10.57%
25.26%
34.26%
64.87%
N/A
N/A
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Risk-Adjusted Performance
ALRM vs. IBIT — Risk-Adjusted Performance Rank
ALRM
IBIT
ALRM vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alarm.com Holdings, Inc. (ALRM) and iShares Bitcoin Trust (IBIT). 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.
Dividends
ALRM vs. IBIT - Dividend Comparison
Neither ALRM nor IBIT has paid dividends to shareholders.
Drawdowns
ALRM vs. IBIT - Drawdown Comparison
The maximum ALRM drawdown since its inception was -57.92%, which is greater than IBIT's maximum drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for ALRM and IBIT. For additional features, visit the drawdowns tool.
Volatility
ALRM vs. IBIT - Volatility Comparison
The current volatility for Alarm.com Holdings, Inc. (ALRM) is 7.96%, while iShares Bitcoin Trust (IBIT) has a volatility of 10.78%. This indicates that ALRM experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.