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CORZZ vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CORZZ and BITO is 0.45, 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.


-0.50.00.51.00.4

Performance

CORZZ vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Core Scientific Inc. Tranche 2 Warrants (CORZZ) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%AugustSeptemberOctoberNovemberDecember2025
45.69%
58.43%
CORZZ
BITO

Key characteristics

Daily Std Dev

CORZZ:

115.52%

BITO:

57.54%

Max Drawdown

CORZZ:

-59.61%

BITO:

-77.86%

Current Drawdown

CORZZ:

-21.99%

BITO:

-12.78%

Returns By Period

In the year-to-date period, CORZZ achieves a 1.21% return, which is significantly higher than BITO's 0.26% return.


CORZZ

YTD

1.21%

1M

-10.25%

6M

45.69%

1Y

N/A

5Y*

N/A

10Y*

N/A

BITO

YTD

0.26%

1M

-3.60%

6M

58.43%

1Y

89.24%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CORZZ vs. BITO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CORZZ

BITO
The Risk-Adjusted Performance Rank of BITO is 6464
Overall Rank
The Sharpe Ratio Rank of BITO is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of BITO is 6868
Sortino Ratio Rank
The Omega Ratio Rank of BITO is 6363
Omega Ratio Rank
The Calmar Ratio Rank of BITO is 6464
Calmar Ratio Rank
The Martin Ratio Rank of BITO is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CORZZ vs. BITO - Risk-Adjusted Performance Comparison

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.


Sharpe ratio
No data
CORZZ
BITO


Chart placeholderNot enough data

Dividends

CORZZ vs. BITO - Dividend Comparison

CORZZ has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 61.42%.


TTM20242023
CORZZ
Core Scientific Inc. Tranche 2 Warrants
0.00%0.00%0.00%
BITO
ProShares Bitcoin Strategy ETF
61.42%61.58%15.14%

Drawdowns

CORZZ vs. BITO - Drawdown Comparison

The maximum CORZZ drawdown since its inception was -59.61%, 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.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-21.99%
-12.78%
CORZZ
BITO

Volatility

CORZZ vs. BITO - Volatility Comparison

Core Scientific Inc. Tranche 2 Warrants (CORZZ) has a higher volatility of 19.13% compared to ProShares Bitcoin Strategy ETF (BITO) at 17.17%. 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.


10.00%15.00%20.00%25.00%30.00%35.00%AugustSeptemberOctoberNovemberDecember2025
19.13%
17.17%
CORZZ
BITO
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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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