BTC-USD vs. FTEC
BTC-USD (Bitcoin) is a cryptocurrency, while FTEC (Fidelity MSCI Information Technology Index ETF) is Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Over the past 10 years, BTC-USD returned 59.68%/yr vs 24.92%/yr for FTEC. At a 0.14 correlation, their price movements are largely independent.
Performance
BTC-USD vs. FTEC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTC-USD achieves a -28.54% return, which is significantly lower than FTEC's 24.80% return. Over the past 10 years, BTC-USD has outperformed FTEC with an annualized return of 59.68%, while FTEC has yielded a comparatively lower 24.92% annualized return.
BTC-USD
- 1D
- -1.22%
- 1M
- -22.47%
- YTD
- -28.54%
- 6M
- -31.02%
- 1Y
- -40.89%
- 3Y*
- 33.16%
- 5Y*
- 10.82%
- 10Y*
- 59.68%
FTEC
- 1D
- 1.73%
- 1M
- 4.37%
- YTD
- 24.80%
- 6M
- 21.50%
- 1Y
- 50.91%
- 3Y*
- 31.72%
- 5Y*
- 21.10%
- 10Y*
- 24.92%
BTC-USD vs. FTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTC-USD Bitcoin | -28.54% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
FTEC Fidelity MSCI Information Technology Index ETF | 24.80% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 45.83% | 48.93% | -0.39% | 36.83% |
Correlation
The correlation between BTC-USD and FTEC is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013 | 0.14 |
Over the past year, BTC-USD and FTEC have become more correlated (0.36) than their long-term average of 0.14, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BTC-USD vs. FTEC — Risk / Return Rank
BTC-USD
FTEC
BTC-USD vs. FTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
| BTC-USD | FTEC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.32 | ||
| Sortino ratioReturn per unit of downside risk | -4.26 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.39 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 3.15 | -3.94 |
| Martin ratioReturn relative to average drawdown | -1.42 | 10.02 | -11.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BTC-USD | FTEC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.95 | 2.37 | -3.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.84 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 1.01 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 0.96 | +0.17 |
Drawdowns
BTC-USD vs. FTEC - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for BTC-USD and FTEC.
Loading charts...
Drawdown Indicators
| BTC-USD | FTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -34.95% | -50.35% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -16.26% | -34.95% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -27.30% | -23.91% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -34.95% | -41.72% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | -34.95% | -48.85% |
Current DrawdownCurrent decline from peak | -49.86% | -6.80% | -43.06% |
Average DrawdownAverage peak-to-trough decline | -42.32% | -5.56% | -36.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.46% | 5.09% | +29.37% |
Volatility
BTC-USD vs. FTEC - Volatility Comparison
Bitcoin (BTC-USD) has a higher volatility of 11.59% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 9.45%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTC-USD | FTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.59% | 9.45% | +2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 34.53% | 17.51% | +17.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.67% | 21.65% | +14.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.95% | 25.38% | +19.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.71% | 24.79% | +31.92% |
Frequently Asked Questions
BTC-USD and FTEC have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (11.59%) compared to FTEC (9.45%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs FTEC's -34.95%.
FTEC currently has the higher Sharpe Ratio (2.37 vs -0.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BTC-USD and FTEC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer