BTDR vs. LBRT
BTDR (Bitdeer Technologies Group Class A Ordinary Shares) and LBRT (Liberty Oilfield Services Inc.) are both stocks. BTDR operates in Software - Application (Technology), while LBRT operates in Oil & Gas Equipment & Services (Energy). Over the past 3 years, BTDR returned 16.95%/yr vs 27.96%/yr for LBRT. At a 0.10 correlation, their price movements are largely independent.
Performance
BTDR vs. LBRT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTDR achieves a 62.80% return, which is significantly higher than LBRT's 49.07% return.
BTDR
- 1D
- -0.38%
- 1M
- 36.70%
- YTD
- 62.80%
- 6M
- 82.32%
- 1Y
- 34.59%
- 3Y*
- 16.95%
- 5Y*
- —
- 10Y*
- —
LBRT
- 1D
- -2.57%
- 1M
- -16.75%
- YTD
- 49.07%
- 6M
- 53.14%
- 1Y
- 108.08%
- 3Y*
- 27.96%
- 5Y*
- 15.12%
- 10Y*
- —
BTDR vs. LBRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 62.80% | -48.27% | 119.78% | 20.10% |
LBRT Liberty Oilfield Services Inc. | 49.07% | -4.91% | 11.23% | 39.07% |
Correlation
The correlation between BTDR and LBRT is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2023 | 0.10 |
Fundamentals
BTDR:
$4.26B
LBRT:
$4.55B
BTDR:
-$2.23
LBRT:
$0.91
BTDR:
5.58
LBRT:
1.12
BTDR:
5.83
LBRT:
2.33
BTDR:
$739.06M
LBRT:
$4.05B
BTDR:
$25.18M
LBRT:
$433.12M
BTDR:
$59.65M
LBRT:
$688.45M
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
BTDR vs. LBRT — Risk / Return Rank
BTDR
LBRT
BTDR vs. LBRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and Liberty Oilfield Services Inc. (LBRT). 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 | LBRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.33 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 4.30 | -3.82 |
| Martin ratioReturn relative to average drawdown | 0.81 | 10.25 | -9.45 |
Loading charts...
Drawdowns
BTDR vs. LBRT - Drawdown Comparison
The maximum BTDR drawdown since its inception was -79.52%, smaller than the maximum LBRT drawdown of -90.02%. Use the drawdown chart below to compare losses from any high point for BTDR and LBRT.
Loading charts...
Drawdown Indicators
| BTDR | LBRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.52% | -90.02% | +10.50% |
Max Drawdown (1Y)Largest decline over 1 year | -71.89% | -25.26% | -46.63% |
Max Drawdown (3Y)Largest decline over 3 years | -79.52% | -58.84% | -20.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -58.84% | — |
Current DrawdownCurrent decline from peak | -30.08% | -19.16% | -10.92% |
Average DrawdownAverage peak-to-trough decline | -43.58% | -35.56% | -8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.94% | 10.58% | +32.36% |
Volatility
BTDR vs. LBRT - Volatility Comparison
Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a higher volatility of 29.93% compared to Liberty Oilfield Services Inc. (LBRT) at 15.38%. This indicates that BTDR's price experiences larger fluctuations and is considered to be riskier than LBRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTDR | LBRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.93% | 15.38% | +14.55% |
Volatility (6M)Calculated over the trailing 6-month period | 68.65% | 37.55% | +31.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.77% | 62.29% | +38.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 123.16% | 54.95% | +68.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 123.16% | 64.75% | +58.41% |
Dividends
BTDR vs. LBRT - Dividend Comparison
BTDR has not paid dividends to shareholders, while LBRT's dividend yield for the trailing twelve months is around 1.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LBRT Liberty Oilfield Services Inc. | 1.28% | 1.79% | 1.46% | 1.21% | 0.31% | 0.00% | 0.48% | 1.80% | 0.77% |
Financials
BTDR vs. LBRT - Financials Comparison
This section allows you to compare key financial metrics between Bitdeer Technologies Group Class A Ordinary Shares and Liberty Oilfield Services 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. LBRT - 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%.
LBRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a gross profit of 63.31M and revenue of 1.02B. Therefore, the gross margin over that period was 6.2%.
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%.
LBRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported an operating income of 3.77M and revenue of 1.02B, resulting in an operating margin of 0.4%.
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%.
LBRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a net income of 22.56M and revenue of 1.02B, resulting in a net margin of 2.2%.
Frequently Asked Questions
BTDR and LBRT have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTDR has higher volatility (29.93%) compared to LBRT (15.38%). In terms of maximum drawdown, BTDR dropped -79.52% vs LBRT's -90.02%.
LBRT currently has the higher Sharpe Ratio (1.75 vs 0.35), 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 BTDR and LBRT
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