ARBK vs. BITW
Compare and contrast key facts about Argo Blockchain plc (ARBK) and Bitwise 10 Crypto Index Fund (BITW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARBK or BITW.
Key characteristics
| ARBK | BITW | |
|---|---|---|
| YTD Return | -62.83% | 26.48% |
| 1Y Return | -1.42% | 184.55% |
| Sharpe Ratio | -0.02 | 2.62 |
| Daily Std Dev | 141.82% | 65.78% |
| Max Drawdown | -98.14% | -96.46% |
| Current Drawdown | -93.24% | -78.94% |
Fundamentals
| ARBK | BITW | |
|---|---|---|
| Revenue (TTM) | $44.46M | $0.00 |
| Gross Profit (TTM) | $9.18M | $0.00 |
Correlation
The correlation between ARBK and BITW is 0.46, 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
ARBK vs. BITW - Performance Comparison
In the year-to-date period, ARBK achieves a -62.83% return, which is significantly lower than BITW's 26.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ARBK vs. BITW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Argo Blockchain plc (ARBK) and Bitwise 10 Crypto Index Fund (BITW). 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
ARBK vs. BITW - Dividend Comparison
Neither ARBK nor BITW has paid dividends to shareholders.
Drawdowns
ARBK vs. BITW - Drawdown Comparison
The maximum ARBK drawdown since its inception was -98.14%, roughly equal to the maximum BITW drawdown of -96.46%. Use the drawdown chart below to compare losses from any high point for ARBK and BITW. For additional features, visit the drawdowns tool.
Volatility
ARBK vs. BITW - Volatility Comparison
Argo Blockchain plc (ARBK) has a higher volatility of 19.30% compared to Bitwise 10 Crypto Index Fund (BITW) at 17.30%. This indicates that ARBK's price experiences larger fluctuations and is considered to be riskier than BITW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ARBK vs. BITW - Financials Comparison
This section allows you to compare key financial metrics between Argo Blockchain plc and Bitwise 10 Crypto Index Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities