CORZZ vs. BITO

In the year-to-date period, CORZZ achieves a -33.81% return, which is significantly lower than BITO's 8.21% return.

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This table presents a comparison of risk-adjusted performance metrics for Core Scientific Inc. Tranche 2 Warrants (CORZZ) and ProShares Bitcoin Strategy ETF (BITO). 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.

The current CORZZ Sharpe Ratio is 2.56, which is higher than the BITO Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of CORZZ and BITO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CORZZ has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 58.21%.

The maximum CORZZ drawdown since its inception was -65.20%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for CORZZ and BITO. For additional features, visit the drawdowns tool.

Core Scientific Inc. Tranche 2 Warrants (CORZZ) has a higher volatility of 23.26% compared to ProShares Bitcoin Strategy ETF (BITO) at 10.70%. This indicates that CORZZ's price experiences larger fluctuations and is considered to be riskier than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.