FATE vs. BFLY
FATE (Fate Therapeutics, Inc.) and BFLY (Butterfly Network, Inc.) are both stocks. Both are in the Healthcare sector — FATE in Biotechnology, BFLY in Medical Devices. Over the past 5 years, FATE returned -50.24%/yr vs -19.84%/yr for BFLY. At a 0.43 correlation, their price movements are largely independent.
Performance
FATE vs. BFLY - Performance Comparison
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Returns By Period
In the year-to-date period, FATE achieves a 125.93% return, which is significantly higher than BFLY's 15.53% return.
FATE
- 1D
- -13.62%
- 1M
- 23.33%
- YTD
- 125.93%
- 6M
- 105.56%
- 1Y
- 63.24%
- 3Y*
- -24.94%
- 5Y*
- -50.24%
- 10Y*
- 3.20%
BFLY
- 1D
- -4.15%
- 1M
- -9.48%
- YTD
- 15.53%
- 6M
- 47.81%
- 1Y
- 86.02%
- 3Y*
- 22.30%
- 5Y*
- -19.84%
- 10Y*
- —
FATE vs. BFLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FATE Fate Therapeutics, Inc. | 125.93% | -40.45% | -55.88% | -62.93% | -82.76% | -35.65% | 173.80% |
BFLY Butterfly Network, Inc. | 15.53% | 21.79% | 188.89% | -56.10% | -63.23% | -66.20% | 99.90% |
Correlation
The correlation between FATE and BFLY is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2020 | 0.43 |
Fundamentals
FATE:
$266.47M
BFLY:
$1.13B
FATE:
-$1.09
BFLY:
-$0.30
FATE:
41.86
BFLY:
10.70
FATE:
1.48
BFLY:
5.89
FATE:
$6.32M
BFLY:
$102.92M
FATE:
-$7.88M
BFLY:
$50.64M
FATE:
-$135.03M
BFLY:
-$70.00M
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Return for Risk
FATE vs. BFLY — Risk / Return Rank
FATE
BFLY
FATE vs. BFLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fate Therapeutics, Inc. (FATE) and Butterfly Network, Inc. (BFLY). 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.
| FATE | BFLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.24 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.76 | -0.35 |
| Martin ratioReturn relative to average drawdown | 2.15 | 3.56 | -1.40 |
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
| FATE | BFLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.81 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | -0.20 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | -0.14 | +0.04 |
Drawdowns
FATE vs. BFLY - Drawdown Comparison
The maximum FATE drawdown since its inception was -99.42%, roughly equal to the maximum BFLY drawdown of -97.40%. Use the drawdown chart below to compare losses from any high point for FATE and BFLY.
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Drawdown Indicators
| FATE | BFLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.42% | -97.40% | -2.02% |
Max Drawdown (1Y)Largest decline over 1 year | -44.83% | -49.04% | +4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -91.86% | -73.20% | -18.66% |
Max Drawdown (5Y)Largest decline over 5 years | -99.29% | -95.23% | -4.06% |
Max Drawdown (10Y)Largest decline over 10 years | -99.42% | — | — |
Current DrawdownCurrent decline from peak | -98.11% | -83.82% | -14.29% |
Average DrawdownAverage peak-to-trough decline | -58.49% | -75.95% | +17.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.47% | 24.27% | +5.20% |
Volatility
FATE vs. BFLY - Volatility Comparison
Fate Therapeutics, Inc. (FATE) has a higher volatility of 45.15% compared to Butterfly Network, Inc. (BFLY) at 18.18%. This indicates that FATE's price experiences larger fluctuations and is considered to be riskier than BFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FATE | BFLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 45.15% | 18.18% | +26.97% |
Volatility (6M)Calculated over the trailing 6-month period | 68.08% | 68.93% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.27% | 106.48% | -9.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.40% | 97.56% | -4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.51% | 94.70% | -8.19% |
Dividends
FATE vs. BFLY - Dividend Comparison
Neither FATE nor BFLY has paid dividends to shareholders.
Financials
FATE vs. BFLY - Financials Comparison
This section allows you to compare key financial metrics between Fate Therapeutics, Inc. and Butterfly Network, 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
Frequently Asked Questions
FATE and BFLY have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FATE has higher volatility (45.15%) compared to BFLY (18.18%). In terms of maximum drawdown, FATE dropped -99.42% vs BFLY's -97.40%.
BFLY currently has the higher Sharpe Ratio (0.81 vs 0.65), 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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