BTC-USD vs. FBTC

The year-to-date returns for both stocks are quite close, with BTC-USD having a 16.70% return and FBTC slightly lower at 16.43%.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Fidelity Wise Origin Bitcoin Trust (FBTC). 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.

The current BTC-USD Sharpe Ratio is 1.15, which is comparable to the FBTC Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of BTC-USD and FBTC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum BTC-USD drawdown since its inception was -93.18%, which is greater than FBTC's maximum drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for BTC-USD and FBTC.

Bitcoin (BTC-USD) has a higher volatility of 9.97% compared to Fidelity Wise Origin Bitcoin Trust (FBTC) at 8.70%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than FBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.