JWEL.TO vs. FBTC
JWEL.TO (Jamieson Wellness Inc.) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, JWEL.TO returned -0.33% vs -36.91% for FBTC. At a 0.10 correlation, their price movements are largely independent.
Performance
JWEL.TO vs. FBTC - Performance Comparison
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Different Trading Currencies
JWEL.TO is traded in CAD, while FBTC is traded in USD. To make them comparable, the FBTC values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, JWEL.TO achieves a 6.05% return, which is significantly higher than FBTC's -24.39% return.
JWEL.TO
- 1D
- 2.03%
- 1M
- 5.38%
- YTD
- 6.05%
- 6M
- 4.74%
- 1Y
- -0.33%
- 3Y*
- 7.62%
- 5Y*
- 1.65%
- 10Y*
- —
FBTC
- 1D
- 0.00%
- 1M
- -18.31%
- YTD
- -24.39%
- 6M
- -29.76%
- 1Y
- -36.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JWEL.TO vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JWEL.TO Jamieson Wellness Inc. | 6.05% | -5.89% | 21.11% |
FBTC Fidelity Wise Origin Bitcoin Fund | -26.50% | -10.84% | 114.27% |
Correlation
The correlation between JWEL.TO and FBTC is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.10 |
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Return for Risk
JWEL.TO vs. FBTC — Risk / Return Rank
JWEL.TO
FBTC
JWEL.TO vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jamieson Wellness Inc. (JWEL.TO) 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.
| JWEL.TO | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.87 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.74 | +0.72 |
| Martin ratioReturn relative to average drawdown | -0.04 | -1.27 | +1.23 |
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
| JWEL.TO | FBTC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | -0.86 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.34 | -0.34 |
Drawdowns
JWEL.TO vs. FBTC - Drawdown Comparison
The maximum JWEL.TO drawdown since its inception was -45.81%, smaller than the maximum FBTC drawdown of -50.18%. Use the drawdown chart below to compare losses from any high point for JWEL.TO and FBTC.
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Drawdown Indicators
| JWEL.TO | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.81% | -50.18% | +4.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.62% | -50.18% | +35.56% |
Max Drawdown (3Y)Largest decline over 3 years | -27.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.47% | — | — |
Current DrawdownCurrent decline from peak | -8.62% | -48.17% | +39.55% |
Average DrawdownAverage peak-to-trough decline | -14.86% | -15.99% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.13% | 29.11% | -20.98% |
Volatility
JWEL.TO vs. FBTC - Volatility Comparison
The current volatility for Jamieson Wellness Inc. (JWEL.TO) is 6.24%, while Fidelity Wise Origin Bitcoin Fund (FBTC) has a volatility of 8.60%. This indicates that JWEL.TO 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
| JWEL.TO | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 8.60% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 14.07% | 33.45% | -19.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.03% | 42.86% | -22.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.48% | 49.43% | -23.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 122,393.68% | 49.43% | +122,344.25% |
Dividends
JWEL.TO vs. FBTC - Dividend Comparison
JWEL.TO's dividend yield for the trailing twelve months is around 2.61%, while FBTC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
JWEL.TO Jamieson Wellness Inc. | 2.61% | 2.62% | 2.18% | 2.27% | 1.82% | 1.37% | 1.30% | 1.48% | 1.59% | 0.72% |
Frequently Asked Questions
JWEL.TO and FBTC have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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