IMMR vs. FBTC
IMMR (Immersion Corporation) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, IMMR returned -10.21% vs -39.41% for FBTC. At a 0.32 correlation, their price movements are largely independent.
Performance
IMMR vs. FBTC - Performance Comparison
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Returns By Period
In the year-to-date period, IMMR achieves a 0.39% return, which is significantly higher than FBTC's -27.63% return.
IMMR
- 1D
- 4.71%
- 1M
- -0.15%
- YTD
- 0.39%
- 6M
- -3.03%
- 1Y
- -10.21%
- 3Y*
- -2.01%
- 5Y*
- -3.62%
- 10Y*
- 1.41%
FBTC
- 1D
- 5.17%
- 1M
- -20.97%
- YTD
- -27.63%
- 6M
- -30.29%
- 1Y
- -39.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IMMR vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IMMR Immersion Corporation | 0.39% | -18.30% | 31.80% |
FBTC Fidelity Wise Origin Bitcoin Fund | -27.63% | -6.56% | 99.56% |
Correlation
The correlation between IMMR and FBTC is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.32 |
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Return for Risk
IMMR vs. FBTC — Risk / Return Rank
IMMR
FBTC
IMMR vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Immersion Corporation (IMMR) and Fidelity Wise Origin Bitcoin Fund (FBTC). 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.
| IMMR | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.86 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | -0.76 | +0.43 |
| Martin ratioReturn relative to average drawdown | -0.61 | -1.36 | +0.75 |
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
| IMMR | FBTC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | -0.90 | +0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 0.27 | -0.31 |
Drawdowns
IMMR vs. FBTC - Drawdown Comparison
The maximum IMMR drawdown since its inception was -98.66%, which is greater than FBTC's maximum drawdown of -52.07%. Use the drawdown chart below to compare losses from any high point for IMMR and FBTC.
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Drawdown Indicators
| IMMR | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.66% | -52.07% | -46.59% |
Max Drawdown (1Y)Largest decline over 1 year | -30.86% | -52.07% | +21.21% |
Max Drawdown (3Y)Largest decline over 3 years | -56.90% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -56.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -74.29% | — | — |
Current DrawdownCurrent decline from peak | -89.65% | -49.59% | -40.06% |
Average DrawdownAverage peak-to-trough decline | -88.21% | -16.18% | -72.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.77% | 28.93% | -12.16% |
Volatility
IMMR vs. FBTC - Volatility Comparison
Immersion Corporation (IMMR) has a higher volatility of 12.61% compared to Fidelity Wise Origin Bitcoin Fund (FBTC) at 11.77%. This indicates that IMMR's price experiences larger fluctuations and is considered to be riskier than FBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IMMR | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.61% | 11.77% | +0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 27.21% | 34.55% | -7.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.79% | 44.17% | -4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.83% | 50.26% | -4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.32% | 50.26% | +1.06% |
Dividends
IMMR vs. FBTC - Dividend Comparison
IMMR's dividend yield for the trailing twelve months is around 3.60%, while FBTC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FBTC Fidelity Wise Origin Bitcoin Fund | 0.00% | 0.00% | 0.00% | 0.00% |
IMMR Immersion Corporation | 3.60% | 5.59% | 2.06% | 3.12% |
Frequently Asked Questions
IMMR and FBTC have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMMR has higher volatility (12.61%) compared to FBTC (11.77%). In terms of maximum drawdown, IMMR dropped -98.66% vs FBTC's -52.07%.
IMMR currently has the higher Sharpe Ratio (-0.26 vs -0.90), 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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