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 55.80% vs -44.68% 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 21.57% return, which is significantly higher than FBTC's -25.63% return.
JNJ
- 1D
- -1.67%
- 1M
- 8.95%
- 6M
- 15.06%
- YTD
- 21.57%
- 1Y
- 55.80%
- 3Y*
- 16.86%
- 5Y*
- 11.06%
- 10Y*
- 10.10%
- ALL TIME*
- 12.23%
FBTC
- 1D
- 1.56%
- 1M
- 3.51%
- 6M
- -31.89%
- YTD
- -25.63%
- 1Y
- -44.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.64%
JNJ vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JNJ Johnson & Johnson | 21.57% | 47.48% | -7.83% |
FBTC Fidelity Wise Origin Bitcoin Fund | -25.63% | -6.56% | 94.28% |
Correlation
The correlation between JNJ and FBTC is -0.14, 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 | -0.14 |
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 | +4.12 | ||
| Sortino ratioReturn per unit of downside risk | +5.79 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 0.83 | +0.70 |
| Calmar ratioReturn relative to maximum drawdown | 5.12 | -0.84 | +5.96 |
| Martin ratioReturn relative to average drawdown | 14.40 | -1.34 | +15.74 |
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Drawdowns
JNJ vs. FBTC - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum FBTC drawdown of -53.35%. 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% | -53.35% | +2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -53.35% | +42.39% |
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 | -6.89% | -48.20% | +41.31% |
Average DrawdownAverage peak-to-trough decline | -11.88% | -17.73% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.89% | 33.39% | -29.50% |
Volatility
JNJ vs. FBTC - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 9.47%, while Fidelity Wise Origin Bitcoin Fund (FBTC) has a volatility of 10.58%. 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 | 9.47% | 10.58% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 14.38% | 34.53% | -20.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.08% | 44.30% | -26.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 49.71% | -32.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.70% | 49.71% | -31.01% |
Dividends
JNJ vs. FBTC - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.11%, 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 | 2.11% | 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 -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBTC has higher volatility (10.58%) compared to JNJ (9.47%). In terms of maximum drawdown, JNJ dropped -50.67% vs FBTC's -53.35%.
JNJ currently has the higher Sharpe Ratio (3.11 vs -1.01), 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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