IRON vs. BITW
Compare and contrast key facts about Disc Medicine Inc. (IRON) and Bitwise 10 Crypto Index Fund (BITW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IRON or BITW.
Correlation
The correlation between IRON and BITW is 0.09, 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
IRON vs. BITW - Performance Comparison
Key characteristics
IRON:
0.18
BITW:
2.47
IRON:
0.78
BITW:
2.75
IRON:
1.13
BITW:
1.36
IRON:
0.14
BITW:
1.83
IRON:
0.36
BITW:
12.06
IRON:
36.19%
BITW:
13.46%
IRON:
73.68%
BITW:
65.76%
IRON:
-96.68%
BITW:
-96.46%
IRON:
-88.06%
BITW:
-56.59%
Fundamentals
Returns By Period
In the year-to-date period, IRON achieves a 11.67% return, which is significantly lower than BITW's 160.69% return.
IRON
11.67%
3.12%
45.99%
10.67%
N/A
N/A
BITW
160.69%
4.96%
75.51%
157.91%
N/A
N/A
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Risk-Adjusted Performance
IRON vs. BITW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Disc Medicine Inc. (IRON) and Bitwise 10 Crypto Index Fund (BITW). 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
IRON vs. BITW - Dividend Comparison
Neither IRON nor BITW has paid dividends to shareholders.
Drawdowns
IRON vs. BITW - Drawdown Comparison
The maximum IRON drawdown since its inception was -96.68%, roughly equal to the maximum BITW drawdown of -96.46%. Use the drawdown chart below to compare losses from any high point for IRON and BITW. For additional features, visit the drawdowns tool.
Volatility
IRON vs. BITW - Volatility Comparison
The current volatility for Disc Medicine Inc. (IRON) is 10.61%, while Bitwise 10 Crypto Index Fund (BITW) has a volatility of 19.67%. This indicates that IRON experiences smaller price fluctuations and is considered to be less risky than BITW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IRON vs. BITW - Financials Comparison
This section allows you to compare key financial metrics between Disc Medicine Inc. and Bitwise 10 Crypto Index Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities