BTDR vs. BW
BTDR (Bitdeer Technologies Group Class A Ordinary Shares) and BW (Babcock & Wilcox Enterprises, Inc.) are both stocks. BTDR operates in Software - Application (Technology), while BW operates in Specialty Industrial Machinery (Industrials). Over the past 3 years, BTDR returned 16.26%/yr vs 40.20%/yr for BW. At a 0.31 correlation, their price movements are largely independent.
Performance
BTDR vs. BW - Performance Comparison
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Returns By Period
In the year-to-date period, BTDR achieves a 59.95% return, which is significantly lower than BW's 181.24% return.
BTDR
- 1D
- 0.06%
- 1M
- 20.17%
- YTD
- 59.95%
- 6M
- 62.85%
- 1Y
- 58.95%
- 3Y*
- 16.26%
- 5Y*
- —
- 10Y*
- —
BW
- 1D
- 1.28%
- 1M
- -13.19%
- YTD
- 181.24%
- 6M
- 263.89%
- 1Y
- 1,734.03%
- 3Y*
- 40.20%
- 5Y*
- 18.91%
- 10Y*
- -21.69%
BTDR vs. BW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 59.95% | -48.27% | 119.78% | 20.10% |
BW Babcock & Wilcox Enterprises, Inc. | 181.24% | 286.59% | 12.33% | -75.13% |
Correlation
The correlation between BTDR and BW is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2023 | 0.31 |
Fundamentals
BTDR:
$4.18B
BW:
$2.32B
BTDR:
-$2.23
BW:
-$0.83
BTDR:
5.48
BW:
2.97
BTDR:
$739.06M
BW:
$668.48M
BTDR:
$25.18M
BW:
$121.68M
BTDR:
$59.65M
BW:
-$41.40M
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Return for Risk
BTDR vs. BW — Risk / Return Rank
BTDR
BW
BTDR vs. BW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and Babcock & Wilcox Enterprises, Inc. (BW). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BTDR | BW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -13.85 | ||
| Sortino ratioReturn per unit of downside risk | -4.34 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.71 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 53.79 | -53.06 |
| Martin ratioReturn relative to average drawdown | 1.22 | 143.36 | -142.15 |
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Drawdowns
BTDR vs. BW - Drawdown Comparison
The maximum BTDR drawdown since its inception was -79.52%, smaller than the maximum BW drawdown of -99.89%. Use the drawdown chart below to compare losses from any high point for BTDR and BW.
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Drawdown Indicators
| BTDR | BW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.52% | -99.89% | +20.37% |
Max Drawdown (1Y)Largest decline over 1 year | -71.89% | -33.71% | -38.18% |
Max Drawdown (3Y)Largest decline over 3 years | -79.52% | -95.93% | +16.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -97.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.87% | — |
Current DrawdownCurrent decline from peak | -31.30% | -92.46% | +61.16% |
Average DrawdownAverage peak-to-trough decline | -43.55% | -82.81% | +39.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.91% | 12.62% | +30.29% |
Volatility
BTDR vs. BW - Volatility Comparison
Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a higher volatility of 29.73% compared to Babcock & Wilcox Enterprises, Inc. (BW) at 24.70%. This indicates that BTDR's price experiences larger fluctuations and is considered to be riskier than BW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTDR | BW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.73% | 24.70% | +5.03% |
Volatility (6M)Calculated over the trailing 6-month period | 68.17% | 88.58% | -20.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.35% | 126.28% | -25.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 123.01% | 110.21% | +12.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 123.01% | 108.24% | +14.77% |
Dividends
BTDR vs. BW - Dividend Comparison
BTDR has not paid dividends to shareholders, while BW's dividend yield for the trailing twelve months is around 2.34%.
| Position | TTM |
|---|---|
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 0.00% |
BW Babcock & Wilcox Enterprises, Inc. | 2.34% |
Financials
BTDR vs. BW - Financials Comparison
This section allows you to compare key financial metrics between Bitdeer Technologies Group Class A Ordinary Shares and Babcock & Wilcox Enterprises, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BTDR vs. BW - Profitability Comparison
BTDR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported a gross profit of -39.04M and revenue of 188.93M. Therefore, the gross margin over that period was -20.7%.
BW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Babcock & Wilcox Enterprises, Inc. reported a gross profit of 0.00 and revenue of 214.41M. Therefore, the gross margin over that period was 0.0%.
BTDR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported an operating income of -86.73M and revenue of 188.93M, resulting in an operating margin of -45.9%.
BW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Babcock & Wilcox Enterprises, Inc. reported an operating income of -79.62M and revenue of 214.41M, resulting in an operating margin of -37.1%.
BTDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported a net income of -159.53M and revenue of 188.93M, resulting in a net margin of -84.4%.
BW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Babcock & Wilcox Enterprises, Inc. reported a net income of -80.66M and revenue of 214.41M, resulting in a net margin of -37.6%.
Frequently Asked Questions
BTDR and BW have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTDR has higher volatility (29.73%) compared to BW (24.70%). In terms of maximum drawdown, BTDR dropped -79.52% vs BW's -99.89%.
BW currently has the higher Sharpe Ratio (14.37 vs 0.52), 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.
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