JNJ vs. FBTC
JNJ (Johnson & Johnson) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, JNJ returned 57.60% vs -40.63% for FBTC. At a correlation of -0.06, they often move in opposite directions.
Performance
JNJ vs. FBTC - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 17.68% return, which is significantly higher than FBTC's -27.39% return.
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
FBTC
- 1D
- 0.11%
- 1M
- -20.13%
- YTD
- -27.39%
- 6M
- -29.64%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JNJ vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JNJ Johnson & Johnson | 17.68% | 47.48% | -7.83% |
FBTC Fidelity Wise Origin Bitcoin Fund | -27.39% | -6.56% | 94.28% |
Correlation
The correlation between JNJ and FBTC is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | -0.06 |
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Return for Risk
JNJ vs. FBTC — Risk / Return Rank
JNJ
FBTC
JNJ vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JNJ | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.35 | ||
| Sortino ratioReturn per unit of downside risk | +6.25 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 0.85 | +0.76 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | -0.78 | +6.06 |
| Martin ratioReturn relative to average drawdown | 15.52 | -1.37 | +16.90 |
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Drawdowns
JNJ vs. FBTC - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, roughly equal to the maximum FBTC drawdown of -52.07%. Use the drawdown chart below to compare losses from any high point for JNJ and FBTC.
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Drawdown Indicators
| JNJ | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -52.07% | +1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -52.07% | +41.11% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | — | — |
Current DrawdownCurrent decline from peak | -2.54% | -49.42% | +46.88% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -16.46% | +4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 29.61% | -25.89% |
Volatility
JNJ vs. FBTC - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 5.47%, while Fidelity Wise Origin Bitcoin Fund (FBTC) has a volatility of 11.97%. This indicates that JNJ experiences smaller price fluctuations and is considered to be less risky 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
| JNJ | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 11.97% | -6.50% |
Volatility (6M)Calculated over the trailing 6-month period | 12.16% | 34.39% | -22.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 43.98% | -27.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 50.13% | -33.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 50.13% | -31.65% |
Dividends
JNJ vs. FBTC - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.18%, while FBTC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBTC Fidelity Wise Origin Bitcoin Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Frequently Asked Questions
JNJ and FBTC have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBTC has higher volatility (11.97%) compared to JNJ (5.47%). In terms of maximum drawdown, JNJ dropped -50.67% vs FBTC's -52.07%.
JNJ currently has the higher Sharpe Ratio (3.42 vs -0.93), 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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