KULR vs. FBTC
Compare and contrast key facts about KULR Technology Group, Inc. (KULR) and Fidelity Wise Origin Bitcoin Trust (FBTC).
FBTC is a passively managed fund by Fidelity that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KULR or FBTC.
Correlation
The correlation between KULR and FBTC is 0.18, 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
KULR vs. FBTC - Performance Comparison
Key characteristics
KULR:
0.40
FBTC:
0.50
KULR:
2.17
FBTC:
1.09
KULR:
1.25
FBTC:
1.12
KULR:
0.73
FBTC:
1.00
KULR:
1.24
FBTC:
2.16
KULR:
56.15%
FBTC:
12.71%
KULR:
173.93%
FBTC:
54.45%
KULR:
-97.23%
FBTC:
-27.42%
KULR:
-75.00%
FBTC:
-21.37%
Returns By Period
In the year-to-date period, KULR achieves a -66.20% return, which is significantly lower than FBTC's -10.04% return.
KULR
-66.20%
-6.98%
300.00%
72.59%
-0.82%
N/A
FBTC
-10.04%
-7.14%
34.51%
22.46%
N/A
N/A
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Risk-Adjusted Performance
KULR vs. FBTC — Risk-Adjusted Performance Rank
KULR
FBTC
KULR vs. FBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KULR Technology Group, Inc. (KULR) and Fidelity Wise Origin Bitcoin Trust (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.
Dividends
KULR vs. FBTC - Dividend Comparison
Neither KULR nor FBTC has paid dividends to shareholders.
Drawdowns
KULR vs. FBTC - Drawdown Comparison
The maximum KULR drawdown since its inception was -97.23%, which is greater than FBTC's maximum drawdown of -27.42%. Use the drawdown chart below to compare losses from any high point for KULR and FBTC. For additional features, visit the drawdowns tool.
Volatility
KULR vs. FBTC - Volatility Comparison
KULR Technology Group, Inc. (KULR) has a higher volatility of 36.01% compared to Fidelity Wise Origin Bitcoin Trust (FBTC) at 17.43%. This indicates that KULR'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.