BITX vs. BBAI
Compare and contrast key facts about Volatility Shares 2x Bitcoin Strategy ETF (BITX) and BigBear.ai Holdings, Inc. (BBAI).
BITX is an actively managed fund by Volatility Shares. It was launched on Jun 27, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITX or BBAI.
Correlation
The correlation between BITX and BBAI is 0.26, 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.
Performance
BITX vs. BBAI - Performance Comparison
Key characteristics
BITX:
0.84
BBAI:
1.75
BITX:
1.82
BBAI:
2.95
BITX:
1.21
BBAI:
1.33
BITX:
1.56
BBAI:
2.65
BITX:
2.89
BBAI:
4.39
BITX:
32.99%
BBAI:
54.67%
BITX:
113.34%
BBAI:
137.25%
BITX:
-61.28%
BBAI:
-95.01%
BITX:
-22.47%
BBAI:
-40.82%
Returns By Period
In the year-to-date period, BITX achieves a 5.69% return, which is significantly lower than BBAI's 68.76% return.
BITX
5.69%
-16.55%
110.20%
103.48%
N/A
N/A
BBAI
68.76%
70.29%
363.58%
289.12%
N/A
N/A
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Risk-Adjusted Performance
BITX vs. BBAI — Risk-Adjusted Performance Rank
BITX
BBAI
BITX vs. BBAI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x Bitcoin Strategy ETF (BITX) and BigBear.ai Holdings, Inc. (BBAI). 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
BITX vs. BBAI - Dividend Comparison
BITX's dividend yield for the trailing twelve months is around 10.31%, while BBAI has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
BITX Volatility Shares 2x Bitcoin Strategy ETF | 10.31% | 10.71% |
BBAI BigBear.ai Holdings, Inc. | 0.00% | 0.00% |
Drawdowns
BITX vs. BBAI - Drawdown Comparison
The maximum BITX drawdown since its inception was -61.28%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for BITX and BBAI. For additional features, visit the drawdowns tool.
Volatility
BITX vs. BBAI - Volatility Comparison
The current volatility for Volatility Shares 2x Bitcoin Strategy ETF (BITX) is 18.94%, while BigBear.ai Holdings, Inc. (BBAI) has a volatility of 56.33%. This indicates that BITX experiences smaller price fluctuations and is considered to be less risky than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.