BBAI vs. BTC-USD

Last updated Apr 1, 2026

Compare and contrast key facts about BigBear.ai Holdings, Inc. (BBAI) and Bitcoin (BTC-USD).

Performance

BBAI vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BigBear.ai Holdings, Inc. (BBAI) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

BBAI vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BBAI BigBear.ai Holdings, Inc.	-34.81%	21.35%	107.94%	217.65%	-88.10%	-35.09%
BTC-USD Bitcoin	-21.95%	-6.27%	120.76%	155.82%	-64.23%	0.10%

Returns By Period

In the year-to-date period, BBAI achieves a -34.81% return, which is significantly lower than BTC-USD's -21.95% return.

BBAI

• 1D: 15.79%
• 1M: -11.11%
• YTD: -34.81%
• 6M: -46.01%
• 1Y: 23.08%
• 3Y*: 12.99%
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: 2.33%
• 1M: 3.83%
• YTD: -21.95%
• 6M: -40.13%
• 1Y: -17.26%
• 3Y*: 33.86%
• 5Y*: 3.06%
• 10Y*: 66.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BBAI vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBAI

BBAI Risk / Return Rank: 53
BBAI Sharpe Ratio Rank: 50
BBAI Sortino Ratio Rank: 63
BBAI Omega Ratio Rank: 55
BBAI Calmar Ratio Rank: 48
BBAI Martin Ratio Rank: 49

BTC-USD

BTC-USD Risk / Return Rank: 45
BTC-USD Sharpe Ratio Rank: 69
BTC-USD Sortino Ratio Rank: 62
BTC-USD Omega Ratio Rank: 62
BTC-USD Calmar Ratio Rank: 34
BTC-USD Martin Ratio Rank: 0

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBAI vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BigBear.ai Holdings, Inc. (BBAI) and Bitcoin (BTC-USD). 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.

	BBAI	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	0.22	-0.39	+0.61
Sortino ratio Return per unit of downside risk	1.24	-0.29	+1.53
Omega ratio Gain probability vs. loss probability	1.13	0.97	+0.16
Calmar ratio Return relative to maximum drawdown	0.24	-1.12	+1.36
Martin ratio Return relative to average drawdown	0.51	-2.03	+2.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBAI vs. BTC-USD - Sharpe Ratio Comparison

The current BBAI Sharpe Ratio is 0.22, which is higher than the BTC-USD Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of BBAI and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BBAI	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	-0.39	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.05	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	1.20	-1.30

Correlation

The correlation between BBAI and BTC-USD is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

BBAI vs. BTC-USD - Drawdown Comparison

The maximum BBAI drawdown since its inception was -95.01%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BBAI and BTC-USD.

Drawdown Indicators

	BBAI	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-95.01%	-85.30%	-9.71%
Max Drawdown (1Y) Largest decline over 1 year	-65.88%	-49.65%	-16.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-72.26%	-45.25%	-27.01%
Average Drawdown Average peak-to-trough decline	-71.00%	-41.98%	-29.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.07%	27.45%	+3.62%

Volatility

BBAI vs. BTC-USD - Volatility Comparison

BigBear.ai Holdings, Inc. (BBAI) has a higher volatility of 22.77% compared to Bitcoin (BTC-USD) at 14.34%. This indicates that BBAI's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBAI	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.77%	14.34%	+8.43%
Volatility (6M) Calculated over the trailing 6-month period	66.27%	36.23%	+30.04%
Volatility (1Y) Calculated over the trailing 1-year period	104.87%	36.76%	+68.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	178.01%	46.91%	+131.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	178.01%	56.70%	+121.31%