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BITF.TO vs. MARA
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

BITF.TO vs. MARA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Bitfarms Ltd (BITF.TO) and Marathon Digital Holdings, Inc. (MARA). The values are adjusted to include any dividend payments, if applicable.

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BITF.TO vs. MARA - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
BITF.TO
Bitfarms Ltd
-15.48%51.64%-44.68%587.50%-91.22%155.20%400.00%-75.00%
MARA
Marathon Digital Holdings, Inc.
-7.90%-48.91%-22.47%571.71%-88.85%211.91%1,064.46%-60.81%
Different Trading Currencies

BITF.TO is traded in CAD, while MARA is traded in USD. To make them comparable, the MARA values have been converted to CAD using the latest available exchange rates.

Fundamentals

EPS

BITF.TO:

-CA$0.23

MARA:

-$4.32

PS Ratio

BITF.TO:

5.62

MARA:

2.73

Total Revenue (TTM)

BITF.TO:

CA$270.06M

MARA:

$907.09M

Gross Profit (TTM)

BITF.TO:

-CA$7.52M

MARA:

$576.49M

EBITDA (TTM)

BITF.TO:

CA$19.14M

MARA:

-$559.37M

Returns By Period

In the year-to-date period, BITF.TO achieves a -15.48% return, which is significantly lower than MARA's -11.94% return.


BITF.TO

1D
6.64%
1M
-9.00%
YTD
-15.48%
6M
-30.53%
1Y
141.59%
3Y*
28.39%
5Y*
-15.32%
10Y*

MARA

1D
0.00%
1M
-11.01%
YTD
-11.94%
6M
-57.31%
1Y
-34.42%
3Y*
-2.72%
5Y*
-29.27%
10Y*
-12.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

BITF.TO vs. MARA — Risk / Return Rank

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

BITF.TO
BITF.TO Risk / Return Rank: 7878
Overall Rank
BITF.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
BITF.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
BITF.TO Omega Ratio Rank: 7979
Omega Ratio Rank
BITF.TO Calmar Ratio Rank: 7575
Calmar Ratio Rank
BITF.TO Martin Ratio Rank: 6868
Martin Ratio Rank

MARA
MARA Risk / Return Rank: 2828
Overall Rank
MARA Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
MARA Sortino Ratio Rank: 3030
Sortino Ratio Rank
MARA Omega Ratio Rank: 3030
Omega Ratio Rank
MARA Calmar Ratio Rank: 2727
Calmar Ratio Rank
MARA Martin Ratio Rank: 2626
Martin Ratio Rank
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.

BITF.TO vs. MARA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitfarms Ltd (BITF.TO) and Marathon Digital Holdings, Inc. (MARA). 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.


BITF.TOMARADifference

Sharpe ratio

Return per unit of total volatility

1.29

-0.43

+1.71

Sortino ratio

Return per unit of downside risk

2.36

-0.18

+2.54

Omega ratio

Gain probability vs. loss probability

1.28

0.98

+0.30

Calmar ratio

Return relative to maximum drawdown

1.71

-0.55

+2.26

Martin ratio

Return relative to average drawdown

3.12

-1.05

+4.17

BITF.TO vs. MARA - Sharpe Ratio Comparison

The current BITF.TO Sharpe Ratio is 1.29, which is higher than the MARA Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of BITF.TO and MARA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BITF.TOMARADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.29

-0.43

+1.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.15

-0.28

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.04

-0.10

+0.14

Correlation

The correlation between BITF.TO and MARA is 0.64, 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.


Dividends

BITF.TO vs. MARA - Dividend Comparison

Neither BITF.TO nor MARA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BITF.TO vs. MARA - Drawdown Comparison

The maximum BITF.TO drawdown since its inception was -95.19%, roughly equal to the maximum MARA drawdown of -99.68%. Use the drawdown chart below to compare losses from any high point for BITF.TO and MARA.


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Drawdown Indicators


BITF.TOMARADifference

Max Drawdown

Largest peak-to-trough decline

-95.19%

-99.74%

+4.55%

Max Drawdown (1Y)

Largest decline over 1 year

-74.40%

-70.53%

-3.87%

Max Drawdown (5Y)

Largest decline over 5 years

-95.19%

-95.87%

+0.68%

Max Drawdown (10Y)

Largest decline over 10 years

-99.20%

Current Drawdown

Current decline from peak

-75.25%

-94.73%

+19.48%

Average Drawdown

Average peak-to-trough decline

-70.05%

-77.82%

+7.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

40.87%

36.95%

+3.92%

Volatility

BITF.TO vs. MARA - Volatility Comparison

Bitfarms Ltd (BITF.TO) and Marathon Digital Holdings, Inc. (MARA) have volatilities of 25.59% and 25.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BITF.TOMARADifference

Volatility (1M)

Calculated over the trailing 1-month period

25.59%

25.14%

+0.45%

Volatility (6M)

Calculated over the trailing 6-month period

82.25%

61.18%

+21.07%

Volatility (1Y)

Calculated over the trailing 1-year period

110.81%

81.22%

+29.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

104.05%

105.87%

-1.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

121.24%

143.03%

-21.79%

Financials

BITF.TO vs. MARA - Financials Comparison

This section allows you to compare key financial metrics between Bitfarms Ltd and Marathon Digital Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00M200.00M250.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
69.25M
202.31M
(BITF.TO) Total Revenue
(MARA) Total Revenue
Please note, different currencies. BITF.TO values in CAD, MARA values in USD