BTCY vs. FBTC
Compare and contrast key facts about Biotricity, Inc. (BTCY) and Fidelity Wise Origin Bitcoin Trust (FBTC).
FBTC is a passively managed fund by Fidelity that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCY or FBTC.
Correlation
The correlation between BTCY and FBTC is 0.37, 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
BTCY vs. FBTC - Performance Comparison
Key characteristics
BTCY:
-0.33
FBTC:
1.01
BTCY:
0.57
FBTC:
1.66
BTCY:
1.06
FBTC:
1.20
BTCY:
-0.59
FBTC:
1.93
BTCY:
-0.95
FBTC:
4.23
BTCY:
61.34%
FBTC:
12.87%
BTCY:
179.29%
FBTC:
53.71%
BTCY:
-99.67%
FBTC:
-28.21%
BTCY:
-99.14%
FBTC:
-10.04%
Returns By Period
In the year-to-date period, BTCY achieves a 79.37% return, which is significantly higher than FBTC's 2.92% return.
BTCY
79.37%
69.04%
44.47%
-56.68%
-40.61%
N/A
FBTC
2.92%
23.22%
25.88%
52.21%
N/A
N/A
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Risk-Adjusted Performance
BTCY vs. FBTC — Risk-Adjusted Performance Rank
BTCY
FBTC
BTCY vs. FBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Biotricity, Inc. (BTCY) 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.
Dividends
BTCY vs. FBTC - Dividend Comparison
Neither BTCY nor FBTC has paid dividends to shareholders.
Drawdowns
BTCY vs. FBTC - Drawdown Comparison
The maximum BTCY drawdown since its inception was -99.67%, which is greater than FBTC's maximum drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for BTCY and FBTC. For additional features, visit the drawdowns tool.
Volatility
BTCY vs. FBTC - Volatility Comparison
Biotricity, Inc. (BTCY) has a higher volatility of 47.47% compared to Fidelity Wise Origin Bitcoin Trust (FBTC) at 11.86%. This indicates that BTCY'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.