HHH vs. IBIT
Compare and contrast key facts about Howard Hughes Corporation (HHH) and iShares Bitcoin Trust (IBIT).
IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HHH or IBIT.
Correlation
The correlation between HHH and IBIT is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HHH vs. IBIT - Performance Comparison
Key characteristics
HHH:
0.53
IBIT:
0.64
HHH:
1.00
IBIT:
1.26
HHH:
1.13
IBIT:
1.14
HHH:
0.26
IBIT:
1.24
HHH:
1.85
IBIT:
2.75
HHH:
8.96%
IBIT:
12.74%
HHH:
31.43%
IBIT:
54.56%
HHH:
-76.60%
IBIT:
-28.22%
HHH:
-56.48%
IBIT:
-20.53%
Returns By Period
In the year-to-date period, HHH achieves a -13.74% return, which is significantly lower than IBIT's -9.03% return.
HHH
-13.74%
-11.08%
-14.97%
14.78%
6.03%
-7.53%
IBIT
-9.03%
-0.72%
23.52%
33.28%
N/A
N/A
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Risk-Adjusted Performance
HHH vs. IBIT — Risk-Adjusted Performance Rank
HHH
IBIT
HHH vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Howard Hughes Corporation (HHH) and iShares Bitcoin Trust (IBIT). 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.
Dividends
HHH vs. IBIT - Dividend Comparison
Neither HHH nor IBIT has paid dividends to shareholders.
Drawdowns
HHH vs. IBIT - Drawdown Comparison
The maximum HHH drawdown since its inception was -76.60%, which is greater than IBIT's maximum drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for HHH and IBIT. For additional features, visit the drawdowns tool.
Volatility
HHH vs. IBIT - Volatility Comparison
The current volatility for Howard Hughes Corporation (HHH) is 12.29%, while iShares Bitcoin Trust (IBIT) has a volatility of 16.56%. This indicates that HHH experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.