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BTDR vs. IBIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BTDR and IBIT is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

BTDR vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and iShares Bitcoin Trust (IBIT). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
184.98%
105.82%
BTDR
IBIT

Key characteristics

Daily Std Dev

BTDR:

123.82%

IBIT:

57.34%

Max Drawdown

BTDR:

-79.52%

IBIT:

-27.51%

Current Drawdown

BTDR:

-11.45%

IBIT:

-9.75%

Returns By Period


BTDR

YTD

107.81%

1M

72.33%

6M

115.46%

1Y

142.49%

5Y*

N/A

10Y*

N/A

IBIT

YTD

N/A

1M

2.03%

6M

49.84%

1Y

N/A

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

BTDR vs. IBIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and iShares Bitcoin Trust (IBIT). 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.


Sharpe ratio
The chart of Sharpe ratio for BTDR, currently valued at 1.22, compared to the broader market-4.00-2.000.002.001.22
The chart of Sortino ratio for BTDR, currently valued at 2.24, compared to the broader market-4.00-2.000.002.004.002.24
The chart of Omega ratio for BTDR, currently valued at 1.25, compared to the broader market0.501.001.502.001.25
The chart of Calmar ratio for BTDR, currently valued at 2.41, compared to the broader market0.002.004.006.002.41
The chart of Martin ratio for BTDR, currently valued at 3.50, compared to the broader market-5.000.005.0010.0015.0020.0025.003.50
BTDR
IBIT


Chart placeholderNot enough data

Dividends

BTDR vs. IBIT - Dividend Comparison

Neither BTDR nor IBIT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BTDR vs. IBIT - Drawdown Comparison

The maximum BTDR drawdown since its inception was -79.52%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for BTDR and IBIT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.45%
-9.75%
BTDR
IBIT

Volatility

BTDR vs. IBIT - Volatility Comparison

Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a higher volatility of 40.85% compared to iShares Bitcoin Trust (IBIT) at 16.10%. This indicates that BTDR's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
40.85%
16.10%
BTDR
IBIT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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