BW vs. BTDR
BW (Babcock & Wilcox Enterprises, Inc.) and BTDR (Bitdeer Technologies Group Class A Ordinary Shares) are both stocks. BW operates in Specialty Industrial Machinery (Industrials), while BTDR operates in Software - Application (Technology). Over the past 3 years, BW returned 25.20%/yr vs 0.27%/yr for BTDR. At a 0.31 correlation, their price movements are largely independent.
Performance
BW vs. BTDR - Performance Comparison
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Returns By Period
In the year-to-date period, BW achieves a 67.16% return, which is significantly higher than BTDR's 1.43% return.
BW
- 1D
- 4.45%
- 1M
- -40.56%
- 6M
- 25.86%
- YTD
- 67.16%
- 1Y
- 919.01%
- 3Y*
- 25.20%
- 5Y*
- 7.95%
- 10Y*
- -23.31%
- ALL TIME*
- -23.16%
BTDR
- 1D
- 5.87%
- 1M
- -36.59%
- 6M
- -28.22%
- YTD
- 1.43%
- 1Y
- -17.01%
- 3Y*
- 0.27%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.47%
BW vs. BTDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BW Babcock & Wilcox Enterprises, Inc. | 67.16% | 286.59% | 12.33% | -75.13% |
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 1.43% | -48.27% | 119.78% | 20.10% |
Correlation
The correlation between BW and BTDR is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2023 | 0.31 |
Fundamentals
BW:
$1.18B
BTDR:
$2.65B
BW:
-$0.79
BTDR:
-$2.13
BW:
1.85
BTDR:
3.64
BW:
$668.48M
BTDR:
$739.06M
BW:
$121.68M
BTDR:
$25.18M
BW:
-$41.40M
BTDR:
$59.65M
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Return for Risk
BW vs. BTDR — Risk / Return Rank
BW
BTDR
BW vs. BTDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Babcock & Wilcox Enterprises, Inc. (BW) and Bitdeer Technologies Group Class A Ordinary Shares (BTDR). 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.
| BW | BTDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.42 | ||
| Sortino ratioReturn per unit of downside risk | +4.11 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.06 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 17.33 | -0.24 | +17.57 |
| Martin ratioReturn relative to average drawdown | 53.25 | -0.38 | +53.63 |
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Drawdowns
BW vs. BTDR - Drawdown Comparison
The maximum BW drawdown since its inception was -99.89%, which is greater than BTDR's maximum drawdown of -79.52%. Use the drawdown chart below to compare losses from any high point for BW and BTDR.
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Drawdown Indicators
| BW | BTDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.89% | -79.52% | -20.37% |
Max Drawdown (1Y)Largest decline over 1 year | -53.56% | -71.89% | +18.33% |
Max Drawdown (3Y)Largest decline over 3 years | -95.33% | -79.52% | -15.81% |
Max Drawdown (5Y)Largest decline over 5 years | -97.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.85% | — | — |
Current DrawdownCurrent decline from peak | -95.52% | -56.44% | -39.08% |
Average DrawdownAverage peak-to-trough decline | -82.89% | -43.60% | -39.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.40% | 44.79% | -27.39% |
Volatility
BW vs. BTDR - Volatility Comparison
The current volatility for Babcock & Wilcox Enterprises, Inc. (BW) is 23.41%, while Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a volatility of 28.65%. This indicates that BW experiences smaller price fluctuations and is considered to be less risky than BTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BW | BTDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.41% | 28.65% | -5.24% |
Volatility (6M)Calculated over the trailing 6-month period | 85.90% | 70.62% | +15.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 128.22% | 102.16% | +26.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.57% | 122.62% | -12.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 108.34% | 122.62% | -14.28% |
Dividends
BW vs. BTDR - Dividend Comparison
BW's dividend yield for the trailing twelve months is around 3.93%, while BTDR has not paid dividends to shareholders.
| Position | TTM |
|---|---|
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 0.00% |
BW Babcock & Wilcox Enterprises, Inc. | 3.93% |
Financials
BW vs. BTDR - Financials Comparison
This section allows you to compare key financial metrics between Babcock & Wilcox Enterprises, Inc. and Bitdeer Technologies Group Class A Ordinary Shares. 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
BW vs. BTDR - Profitability Comparison
BW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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 - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
BTDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
Frequently Asked Questions
BW and BTDR have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTDR has higher volatility (28.65%) compared to BW (23.41%). In terms of maximum drawdown, BW dropped -99.89% vs BTDR's -79.52%.
BW currently has the higher Sharpe Ratio (7.26 vs -0.17), 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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