BMNR vs. VFV.TO

Last updated Jun 9, 2026

BMNR (BitMine Immersion Technologies, Inc.) is a stock, while VFV.TO (Vanguard S&P 500 Index ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past year, BMNR returned 123.39% vs 24.44% for VFV.TO. At a 0.35 correlation, their price movements are largely independent.

Performance

BMNR vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BitMine Immersion Technologies, Inc. (BMNR) and Vanguard S&P 500 Index ETF (VFV.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BMNR achieves a -37.94% return, which is significantly lower than VFV.TO's 8.51% return.

BMNR

• 1D: 5.97%
• 1M: -24.00%
• YTD: -37.94%
• 6M: -52.99%
• 1Y: 123.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VFV.TO

• 1D: 0.11%
• 1M: 0.25%
• YTD: 8.51%
• 6M: 8.63%
• 1Y: 24.44%
• 3Y*: 21.24%
• 5Y*: 13.20%
• 10Y*: 14.98%

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

BMNR vs. VFV.TO - Yearly Performance Comparison

	2026 (YTD)	2025
BMNR BitMine Immersion Technologies, Inc.	-37.94%	250.43%
VFV.TO Vanguard S&P 500 Index ETF	8.45%	16.34%

Correlation

The correlation between BMNR and VFV.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	0.35

Return for Risk

BMNR vs. VFV.TO — Risk / Return Rank

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

BMNR

BMNR Risk / Return Rank: 75
BMNR Sharpe Ratio Rank: 48
BMNR Sortino Ratio Rank: 99
BMNR Omega Ratio Rank: 98
BMNR Calmar Ratio Rank: 68
BMNR Martin Ratio Rank: 60

VFV.TO

VFV.TO Risk / Return Rank: 76
VFV.TO Sharpe Ratio Rank: 80
VFV.TO Sortino Ratio Rank: 78
VFV.TO Omega Ratio Rank: 81
VFV.TO Calmar Ratio Rank: 69
VFV.TO Martin Ratio Rank: 70

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.

BMNR vs. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BitMine Immersion Technologies, Inc. (BMNR) and Vanguard S&P 500 Index ETF (VFV.TO). 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.

	BMNR	VFV.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.17	1.95	-1.78
Sortino ratio: Return per unit of downside risk	7.84	2.65	+5.18
Omega ratio: Gain probability vs. loss probability	1.92	1.36	+0.55
Calmar ratio: Return relative to maximum drawdown	1.41	2.71	-1.31
Martin ratio: Return relative to average drawdown	1.70	12.01	-10.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BMNR vs. VFV.TO - Sharpe Ratio Comparison

The current BMNR Sharpe Ratio is 0.17, which is lower than the VFV.TO Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of BMNR and VFV.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BMNR	VFV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	1.95	-1.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.87	-0.71

Drawdowns

BMNR vs. VFV.TO - Drawdown Comparison

The maximum BMNR drawdown since its inception was -88.22%, which is greater than VFV.TO's maximum drawdown of -33.56%. Use the drawdown chart below to compare losses from any high point for BMNR and VFV.TO.

Drawdown Indicators

	BMNR	VFV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-88.22%	-33.56%	-54.66%
Max Drawdown (1Y) Largest decline over 1 year	-88.22%	-9.04%	-79.18%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.33%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.56%	—
Current Drawdown Current decline from peak	-87.51%	-2.69%	-84.82%
Average Drawdown Average peak-to-trough decline	-70.84%	-3.86%	-66.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	72.93%	2.04%	+70.89%

Volatility

BMNR vs. VFV.TO - Volatility Comparison

BitMine Immersion Technologies, Inc. (BMNR) has a higher volatility of 22.68% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 3.80%. This indicates that BMNR's price experiences larger fluctuations and is considered to be riskier than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BMNR	VFV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.68%	3.80%	+18.88%
Volatility (6M) Calculated over the trailing 6-month period	61.92%	9.46%	+52.46%
Volatility (1Y) Calculated over the trailing 1-year period	719.09%	12.59%	+706.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	717.68%	16.07%	+701.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	717.68%	17.73%	+699.95%

Dividends

BMNR vs. VFV.TO - Dividend Comparison

BMNR's dividend yield for the trailing twelve months is around 0.06%, less than VFV.TO's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BMNR BitMine Immersion Technologies, Inc.	0.06%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VFV.TO Vanguard S&P 500 Index ETF	0.85%	0.92%	0.99%	1.20%	1.31%	1.06%	1.33%	1.55%	1.69%	1.51%	1.65%	1.63%

Frequently Asked Questions

Can I hold both BMNR and VFV.TO in my portfolio?

BMNR and VFV.TO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.