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HODL vs. FTEC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HODLFTEC
Daily Std Dev56.50%21.21%
Max Drawdown-27.51%-34.95%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.3

The correlation between HODL and FTEC is 0.30, 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

HODL vs. FTEC - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
26.35%
21.48%
HODL
FTEC

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HODL vs. FTEC - Expense Ratio Comparison

HODL has a 0.25% expense ratio, which is higher than FTEC's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


HODL
VanEck Bitcoin Trust
Expense ratio chart for HODL: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for FTEC: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

HODL vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Bitcoin Trust (HODL) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.


HODL
Sharpe ratio
No data
FTEC
Sharpe ratio
The chart of Sharpe ratio for FTEC, currently valued at 2.11, compared to the broader market-2.000.002.004.006.002.11
Sortino ratio
The chart of Sortino ratio for FTEC, currently valued at 2.70, compared to the broader market-2.000.002.004.006.008.0010.0012.002.70
Omega ratio
The chart of Omega ratio for FTEC, currently valued at 1.37, compared to the broader market1.001.502.002.503.001.37
Calmar ratio
The chart of Calmar ratio for FTEC, currently valued at 2.94, compared to the broader market0.005.0010.0015.002.94
Martin ratio
The chart of Martin ratio for FTEC, currently valued at 10.57, compared to the broader market0.0020.0040.0060.0080.00100.0010.57

HODL vs. FTEC - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

HODL vs. FTEC - Dividend Comparison

HODL has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.61%.


TTM20232022202120202019201820172016201520142013
HODL
VanEck Bitcoin Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FTEC
Fidelity MSCI Information Technology Index ETF
0.61%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%0.18%

Drawdowns

HODL vs. FTEC - Drawdown Comparison

The maximum HODL drawdown since its inception was -27.51%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for HODL and FTEC. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
HODL
FTEC

Volatility

HODL vs. FTEC - Volatility Comparison

VanEck Bitcoin Trust (HODL) has a higher volatility of 15.04% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 6.34%. This indicates that HODL's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
15.04%
6.34%
HODL
FTEC