FBTC vs. GE
FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate, while GE (General Electric Company) is a stock. Over the past year, FBTC returned -44.68% vs 30.30% for GE. At a 0.24 correlation, their price movements are largely independent.
Performance
FBTC vs. GE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FBTC achieves a -25.63% return, which is significantly lower than GE's 11.10% return.
FBTC
- 1D
- 1.56%
- 1M
- 3.51%
- 6M
- -31.89%
- YTD
- -25.63%
- 1Y
- -44.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.64%
GE
- 1D
- -2.16%
- 1M
- -4.45%
- 6M
- 5.26%
- YTD
- 11.10%
- 1Y
- 30.30%
- 3Y*
- 57.94%
- 5Y*
- 39.92%
- 10Y*
- 9.52%
- ALL TIME*
- 8.81%
FBTC vs. GE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FBTC Fidelity Wise Origin Bitcoin Fund | -25.63% | -6.56% | 94.28% |
GE General Electric Company | 11.10% | 85.73% | 62.19% |
Correlation
The correlation between FBTC and GE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FBTC vs. GE — Risk / Return Rank
FBTC
GE
FBTC vs. GE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Wise Origin Bitcoin Fund (FBTC) and General Electric Company (GE). 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.
| FBTC | GE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.97 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.18 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 1.46 | -2.30 |
| Martin ratioReturn relative to average drawdown | -1.34 | 3.90 | -5.24 |
Loading charts...
Drawdowns
FBTC vs. GE - Drawdown Comparison
The maximum FBTC drawdown since its inception was -53.35%, smaller than the maximum GE drawdown of -85.53%. Use the drawdown chart below to compare losses from any high point for FBTC and GE.
Loading charts...
Drawdown Indicators
| FBTC | GE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.35% | -85.53% | +32.18% |
Max Drawdown (1Y)Largest decline over 1 year | -53.35% | -20.85% | -32.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.94% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.94% | — |
Current DrawdownCurrent decline from peak | -48.20% | -9.87% | -38.33% |
Average DrawdownAverage peak-to-trough decline | -17.73% | -25.75% | +8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.39% | 7.79% | +25.60% |
Volatility
FBTC vs. GE - Volatility Comparison
Fidelity Wise Origin Bitcoin Fund (FBTC) has a higher volatility of 10.58% compared to General Electric Company (GE) at 7.95%. This indicates that FBTC's price experiences larger fluctuations and is considered to be riskier than GE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FBTC | GE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 7.95% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 34.53% | 27.08% | +7.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.30% | 31.96% | +12.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.71% | 30.98% | +18.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.71% | 36.43% | +13.28% |
Dividends
FBTC vs. GE - Dividend Comparison
FBTC has not paid dividends to shareholders, while GE's dividend yield for the trailing twelve months is around 0.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBTC Fidelity Wise Origin Bitcoin Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GE General Electric Company | 0.49% | 0.47% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 4.12% | 4.89% | 4.81% | 2.94% | 2.95% |
Frequently Asked Questions
FBTC and GE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBTC has higher volatility (10.58%) compared to GE (7.95%). In terms of maximum drawdown, FBTC dropped -53.35% vs GE's -85.53%.
GE currently has the higher Sharpe Ratio (0.95 vs -1.01), 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.
Find the right allocation for FBTC and GE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer