EXEL vs. BMNR

Last updated Jun 24, 2026

EXEL (Exelixis, Inc.) and BMNR (BitMine Immersion Technologies, Inc.) are both stocks. EXEL operates in Biotechnology (Healthcare), while BMNR operates in Capital Markets (Financial Services). Over the past year, EXEL returned 18.38% vs 243.96% for BMNR. At a 0.19 correlation, their price movements are largely independent.

Performance

EXEL vs. BMNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Exelixis, Inc. (EXEL) and BitMine Immersion Technologies, Inc. (BMNR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXEL achieves a 17.13% return, which is significantly higher than BMNR's -44.27% return.

EXEL

• 1D: -0.02%
• 1M: 2.37%
• YTD: 17.13%
• 6M: 10.15%
• 1Y: 18.38%
• 3Y*: 37.24%
• 5Y*: 17.56%
• 10Y*: 20.91%

BMNR

• 1D: -4.60%
• 1M: -19.86%
• YTD: -44.27%
• 6M: -49.19%
• 1Y: 243.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EXEL vs. BMNR - Yearly Performance Comparison

	2026 (YTD)	2025
EXEL Exelixis, Inc.	17.13%	3.81%
BMNR BitMine Immersion Technologies, Inc.	-44.27%	274.59%

Correlation

The correlation between EXEL and BMNR is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.19

Fundamentals

Market Cap EXEL : $13.72B BMNR : $6.88T
EPS EXEL : $3.00 BMNR : -$0.06
PS Ratio EXEL : 6.01 BMNR : 137.37K
PB Ratio EXEL : 7.09 BMNR : 697.74
Total Revenue (TTM) EXEL : $2.38B BMNR : $16.71M
Gross Profit (TTM) EXEL : $1.70B BMNR : $1.15M
EBITDA (TTM) EXEL : $991.79M BMNR : -$3.62B

Return for Risk

EXEL vs. BMNR — Risk / Return Rank

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

EXEL

EXEL Risk / Return Rank: 57
EXEL Sharpe Ratio Rank: 58
EXEL Sortino Ratio Rank: 52
EXEL Omega Ratio Rank: 55
EXEL Calmar Ratio Rank: 58
EXEL Martin Ratio Rank: 61

BMNR

BMNR Risk / Return Rank: 81
BMNR Sharpe Ratio Rank: 55
BMNR Sortino Ratio Rank: 99
BMNR Omega Ratio Rank: 99
BMNR Calmar Ratio Rank: 82
BMNR Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXEL vs. BMNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Exelixis, Inc. (EXEL) and BitMine Immersion Technologies, Inc. (BMNR). 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.

	EXEL	BMNR	Difference
Sharpe ratio: Return per unit of total volatility	0.47	0.34	+0.12
Sortino ratio: Return per unit of downside risk	0.86	8.49	-7.63
Omega ratio: Gain probability vs. loss probability	1.13	2.01	-0.88
Calmar ratio: Return relative to maximum drawdown	0.73	2.77	-2.03
Martin ratio: Return relative to average drawdown	1.77	3.29	-1.52

EXEL vs. BMNR - Sharpe Ratio Comparison

The current EXEL Sharpe Ratio is 0.47, which is higher than the BMNR Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of EXEL and BMNR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EXEL vs. BMNR - Drawdown Comparison

The maximum EXEL drawdown since its inception was -97.38%, which is greater than BMNR's maximum drawdown of -88.79%. Use the drawdown chart below to compare losses from any high point for EXEL and BMNR.

Drawdown Indicators

	EXEL	BMNR	Difference
Max Drawdown Largest peak-to-trough decline	-97.38%	-88.79%	-8.59%
Max Drawdown (1Y) Largest decline over 1 year	-25.16%	-88.79%	+63.63%
Max Drawdown (3Y) Largest decline over 3 years	-25.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.20%	—	—
Current Drawdown Current decline from peak	-4.04%	-88.79%	+84.75%
Average Drawdown Average peak-to-trough decline	-70.96%	-71.23%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.42%	74.57%	-64.15%

Volatility

EXEL vs. BMNR - Volatility Comparison

The current volatility for Exelixis, Inc. (EXEL) is 9.38%, while BitMine Immersion Technologies, Inc. (BMNR) has a volatility of 21.43%. This indicates that EXEL experiences smaller price fluctuations and is considered to be less risky than BMNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXEL	BMNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.38%	21.43%	-12.05%
Volatility (6M) Calculated over the trailing 6-month period	25.53%	59.53%	-34.00%
Volatility (1Y) Calculated over the trailing 1-year period	40.28%	717.35%	-677.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.17%	702.67%	-665.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.48%	702.67%	-658.19%

Dividends

EXEL vs. BMNR - Dividend Comparison

EXEL has not paid dividends to shareholders, while BMNR's dividend yield for the trailing twelve months is around 0.07%.

Position	TTM	2025
BMNR BitMine Immersion Technologies, Inc.	0.07%	0.04%
EXEL Exelixis, Inc.	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both EXEL and BMNR in my portfolio?

EXEL and BMNR have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EXEL or BMNR?

BMNR has higher volatility (21.43%) compared to EXEL (9.38%). In terms of maximum drawdown, EXEL dropped -97.38% vs BMNR's -88.79%.

Which has better risk-adjusted returns?

EXEL currently has the higher Sharpe Ratio (0.47 vs 0.34), 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.