HBT vs. BITC
HBT (HBT Financial, Inc.) is a stock, while BITC (Bitwise Bitcoin Strategy Optimum Roll ETF) is Cryptocurrency fund actively managed by Bitwise. Over the past 3 years, HBT returned 18.26%/yr vs 36.35%/yr for BITC. At a 0.16 correlation, their price movements are largely independent.
Performance
HBT vs. BITC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HBT achieves a 13.82% return, which is significantly higher than BITC's 7.07% return.
HBT
- 1D
- 1.05%
- 1M
- 3.85%
- YTD
- 13.82%
- 6M
- 19.85%
- 1Y
- 29.13%
- 3Y*
- 18.26%
- 5Y*
- 14.07%
- 10Y*
- —
BITC
- 1D
- 0.12%
- 1M
- -5.76%
- YTD
- 7.07%
- 6M
- 2.87%
- 1Y
- -15.03%
- 3Y*
- 36.35%
- 5Y*
- —
- 10Y*
- —
HBT vs. BITC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HBT HBT Financial, Inc. | 13.82% | 22.23% | 7.74% | 6.36% |
BITC Bitwise Bitcoin Strategy Optimum Roll ETF | 7.07% | -20.46% | 97.86% | 42.29% |
Correlation
The correlation between HBT and BITC is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023 | 0.16 |
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
HBT vs. BITC — Risk / Return Rank
HBT
BITC
HBT vs. BITC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HBT Financial, Inc. (HBT) and Bitwise Bitcoin Strategy Optimum Roll ETF (BITC). 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.
| HBT | BITC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.90 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | -0.57 | +2.75 |
| Martin ratioReturn relative to average drawdown | 4.87 | -0.82 | +5.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HBT | BITC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | -0.59 | +1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.68 | -0.28 |
Drawdowns
HBT vs. BITC - Drawdown Comparison
The maximum HBT drawdown since its inception was -53.95%, which is greater than BITC's maximum drawdown of -38.51%. Use the drawdown chart below to compare losses from any high point for HBT and BITC.
Loading charts...
Drawdown Indicators
| HBT | BITC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.95% | -38.51% | -15.44% |
Max Drawdown (1Y)Largest decline over 1 year | -13.42% | -26.51% | +13.09% |
Max Drawdown (3Y)Largest decline over 3 years | -18.67% | -38.51% | +19.84% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | — | — |
Current DrawdownCurrent decline from peak | -0.40% | -26.41% | +26.01% |
Average DrawdownAverage peak-to-trough decline | -12.28% | -16.40% | +4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 18.46% | -12.47% |
Volatility
HBT vs. BITC - Volatility Comparison
HBT Financial, Inc. (HBT) has a higher volatility of 6.88% compared to Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) at 5.93%. This indicates that HBT's price experiences larger fluctuations and is considered to be riskier than BITC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HBT | BITC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 5.93% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 18.31% | 19.98% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.89% | 25.54% | +1.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.97% | 46.60% | -17.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.37% | 46.60% | -11.23% |
Dividends
HBT vs. BITC - Dividend Comparison
HBT's dividend yield for the trailing twelve months is around 3.04%, less than BITC's 3.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BITC Bitwise Bitcoin Strategy Optimum Roll ETF | 3.14% | 3.36% | 42.68% | 5.82% | 0.00% | 0.00% | 0.00% |
HBT HBT Financial, Inc. | 3.04% | 3.25% | 3.47% | 3.22% | 3.27% | 3.20% | 3.96% |
Frequently Asked Questions
HBT and BITC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBT has higher volatility (6.88%) compared to BITC (5.93%). In terms of maximum drawdown, HBT dropped -53.95% vs BITC's -38.51%.
HBT currently has the higher Sharpe Ratio (1.09 vs -0.59), 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 HBT and BITC
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