AMZN vs. FBTC
AMZN (Amazon.com, Inc) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, AMZN returned 11.87% vs -40.63% for FBTC. At a 0.29 correlation, their price movements are largely independent.
Performance
AMZN vs. FBTC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMZN achieves a 3.35% return, which is significantly higher than FBTC's -27.39% return.
AMZN
- 1D
- -1.23%
- 1M
- -11.69%
- YTD
- 3.35%
- 6M
- 5.46%
- 1Y
- 11.87%
- 3Y*
- 23.49%
- 5Y*
- 7.35%
- 10Y*
- 20.83%
FBTC
- 1D
- 0.11%
- 1M
- -20.13%
- YTD
- -27.39%
- 6M
- -29.64%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMZN vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMZN Amazon.com, Inc | 3.35% | 5.21% | 42.71% |
FBTC Fidelity Wise Origin Bitcoin Fund | -27.39% | -6.56% | 94.28% |
Correlation
The correlation between AMZN and FBTC is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMZN vs. FBTC — Risk / Return Rank
AMZN
FBTC
AMZN vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) and Fidelity Wise Origin Bitcoin Fund (FBTC). 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.
| AMZN | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.85 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | -0.78 | +1.33 |
| Martin ratioReturn relative to average drawdown | 1.29 | -1.37 | +2.67 |
Loading charts...
Drawdowns
AMZN vs. FBTC - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than FBTC's maximum drawdown of -52.07%. Use the drawdown chart below to compare losses from any high point for AMZN and FBTC.
Loading charts...
Drawdown Indicators
| AMZN | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -52.07% | -42.33% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -52.07% | +30.33% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | — | — |
Current DrawdownCurrent decline from peak | -13.25% | -49.42% | +36.17% |
Average DrawdownAverage peak-to-trough decline | -28.19% | -16.46% | -11.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 29.61% | -20.40% |
Volatility
AMZN vs. FBTC - Volatility Comparison
The current volatility for Amazon.com, Inc (AMZN) is 7.92%, while Fidelity Wise Origin Bitcoin Fund (FBTC) has a volatility of 11.97%. This indicates that AMZN experiences smaller price fluctuations and is considered to be less risky than FBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMZN | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 11.97% | -4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 20.73% | 34.39% | -13.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 43.98% | -13.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 50.13% | -14.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 50.13% | -17.65% |
Dividends
AMZN vs. FBTC - Dividend Comparison
Neither AMZN nor FBTC has paid dividends to shareholders.
Frequently Asked Questions
AMZN and FBTC 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.
FBTC has higher volatility (11.97%) compared to AMZN (7.92%). In terms of maximum drawdown, AMZN dropped -94.40% vs FBTC's -52.07%.
AMZN currently has the higher Sharpe Ratio (0.40 vs -0.93), 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.
Find the right allocation for AMZN and FBTC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer