BULL vs. COIN
BULL (Webull Corp) and COIN (Coinbase Global, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past year, BULL returned -46.12% vs -36.96% for COIN. At a 0.48 correlation, their price movements are largely independent.
Performance
BULL vs. COIN - Performance Comparison
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Returns By Period
In the year-to-date period, BULL achieves a -24.07% return, which is significantly higher than COIN's -27.82% return.
BULL
- 1D
- -4.99%
- 1M
- -17.71%
- YTD
- -24.07%
- 6M
- -36.29%
- 1Y
- -46.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIN
- 1D
- -6.19%
- 1M
- -19.59%
- YTD
- -27.82%
- 6M
- -41.06%
- 1Y
- -36.96%
- 3Y*
- 36.24%
- 5Y*
- -6.53%
- 10Y*
- —
BULL vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BULL Webull Corp | -24.07% | -35.36% |
COIN Coinbase Global, Inc. | -27.82% | 33.32% |
Correlation
The correlation between BULL and COIN is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2025 | 0.49 |
The correlation between BULL and COIN has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.
Fundamentals
BULL:
$3.10B
COIN:
$43.22B
BULL:
-$0.02
COIN:
$2.90
BULL:
4.78
COIN:
7.75
BULL:
3.05
COIN:
3.21
BULL:
$613.56M
COIN:
$5.81B
BULL:
$469.66M
COIN:
$4.65B
BULL:
$16.01M
COIN:
$1.68B
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Return for Risk
BULL vs. COIN — Risk / Return Rank
BULL
COIN
BULL vs. COIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Webull Corp (BULL) and Coinbase Global, Inc. (COIN). 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.
| BULL | COIN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.67 | -0.53 | -0.14 |
Sortino ratioReturn per unit of downside risk | -0.81 | -0.46 | -0.35 |
Omega ratioGain probability vs. loss probability | 0.91 | 0.95 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | -0.63 | -0.56 | -0.07 |
Martin ratioReturn relative to average drawdown | -0.97 | -0.93 | -0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BULL | COIN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.67 | -0.53 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.15 | +0.02 |
Drawdowns
BULL vs. COIN - Drawdown Comparison
The maximum BULL drawdown since its inception was -92.64%, roughly equal to the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for BULL and COIN.
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Drawdown Indicators
| BULL | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.64% | -90.90% | -1.74% |
Max Drawdown (1Y)Largest decline over 1 year | -73.90% | -66.39% | -7.51% |
Max Drawdown (3Y)Largest decline over 3 years | — | -66.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.90% | — |
Current DrawdownCurrent decline from peak | -90.62% | -61.12% | -29.50% |
Average DrawdownAverage peak-to-trough decline | -82.71% | -49.83% | -32.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.70% | 39.68% | +8.02% |
Volatility
BULL vs. COIN - Volatility Comparison
The current volatility for Webull Corp (BULL) is 13.51%, while Coinbase Global, Inc. (COIN) has a volatility of 19.13%. This indicates that BULL experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BULL | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.51% | 19.13% | -5.62% |
Volatility (6M)Calculated over the trailing 6-month period | 40.73% | 50.99% | -10.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.75% | 70.20% | -1.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 362.35% | 85.85% | +276.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 362.35% | 85.39% | +276.96% |
Dividends
BULL vs. COIN - Dividend Comparison
Neither BULL nor COIN has paid dividends to shareholders.
Financials
BULL vs. COIN - Financials Comparison
This section allows you to compare key financial metrics between Webull Corp and Coinbase Global, 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
BULL vs. COIN - Profitability Comparison
BULL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Webull Corp reported a gross profit of 121.53M and revenue of 159.93M. Therefore, the gross margin over that period was 76.0%.
COIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a gross profit of 1.22B and revenue of 1.41B. Therefore, the gross margin over that period was 86.1%.
BULL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Webull Corp reported an operating income of -2.38M and revenue of 159.93M, resulting in an operating margin of -1.5%.
COIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported an operating income of 35.15M and revenue of 1.41B, resulting in an operating margin of 2.5%.
BULL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Webull Corp reported a net income of -21.72M and revenue of 159.93M, resulting in a net margin of -13.6%.
COIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a net income of -394.12M and revenue of 1.41B, resulting in a net margin of -27.9%.
Frequently Asked Questions
BULL and COIN have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (19.13%) compared to BULL (13.51%). In terms of maximum drawdown, BULL dropped -92.64% vs COIN's -90.90%.
COIN currently has the higher Sharpe Ratio (-0.53 vs -0.67), 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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