BB vs. BFEB
BB (BlackBerry Limited) is a stock, while BFEB (Innovator S&P 500 Buffer ETF - February) is Options Trading fund tracking the Cboe S&P 500 Buffer Protect Index February Series. Over the past 5 years, BB returned 0.09%/yr vs 11.40%/yr for BFEB. At a 0.49 correlation, their price movements are largely independent.
Performance
BB vs. BFEB - Performance Comparison
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Returns By Period
In the year-to-date period, BB achieves a 182.59% return, which is significantly higher than BFEB's 8.46% return.
BB
- 1D
- -2.37%
- 1M
- 16.54%
- 6M
- 167.75%
- YTD
- 182.59%
- 1Y
- 165.76%
- 3Y*
- 30.04%
- 5Y*
- 0.09%
- 10Y*
- 4.88%
BFEB
- 1D
- -0.47%
- 1M
- 1.02%
- 6M
- 7.15%
- YTD
- 8.46%
- 1Y
- 17.33%
- 3Y*
- 15.24%
- 5Y*
- 11.40%
- 10Y*
- —
BB vs. BFEB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BB BlackBerry Limited | 182.59% | 0.26% | 6.78% | 8.59% | -65.13% | 41.03% | 8.69% |
BFEB Innovator S&P 500 Buffer ETF - February | 8.46% | 12.99% | 17.58% | 22.35% | -6.76% | 18.05% | 6.01% |
Correlation
The correlation between BB and BFEB is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2020 | 0.49 |
The correlation between BB and BFEB shifts across timeframes, from 0.40 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BB vs. BFEB — Risk / Return Rank
BB
BFEB
BB vs. BFEB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackBerry Limited (BB) and Innovator S&P 500 Buffer ETF - February (BFEB). 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.
| BB | BFEB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.40 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.51 | 2.72 | +1.79 |
| Martin ratioReturn relative to average drawdown | 9.40 | 13.44 | -4.04 |
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Drawdowns
BB vs. BFEB - Drawdown Comparison
The maximum BB drawdown since its inception was -98.57%, which is greater than BFEB's maximum drawdown of -27.20%. Use the drawdown chart below to compare losses from any high point for BB and BFEB.
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Drawdown Indicators
| BB | BFEB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.57% | -27.20% | -71.37% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -6.41% | -30.59% |
Max Drawdown (3Y)Largest decline over 3 years | -62.32% | -13.82% | -48.50% |
Max Drawdown (5Y)Largest decline over 5 years | -82.01% | -14.84% | -67.17% |
Max Drawdown (10Y)Largest decline over 10 years | -91.59% | — | — |
Current DrawdownCurrent decline from peak | -92.74% | -0.47% | -92.27% |
Average DrawdownAverage peak-to-trough decline | -72.15% | -2.75% | -69.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.72% | 1.29% | +16.43% |
Volatility
BB vs. BFEB - Volatility Comparison
BlackBerry Limited (BB) has a higher volatility of 27.96% compared to Innovator S&P 500 Buffer ETF - February (BFEB) at 2.49%. This indicates that BB's price experiences larger fluctuations and is considered to be riskier than BFEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BB | BFEB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.96% | 2.49% | +25.47% |
Volatility (6M)Calculated over the trailing 6-month period | 46.62% | 6.86% | +39.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.34% | 8.35% | +48.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.26% | 11.45% | +46.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.36% | 14.20% | +46.16% |
Dividends
BB vs. BFEB - Dividend Comparison
Neither BB nor BFEB has paid dividends to shareholders.
Frequently Asked Questions
BB and BFEB have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BB has higher volatility (27.96%) compared to BFEB (2.49%). In terms of maximum drawdown, BB dropped -98.57% vs BFEB's -27.20%.
BB currently has the higher Sharpe Ratio (2.91 vs 2.09), 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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