KULR vs. FBTC

Last updated Apr 1, 2026

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.

Performance

KULR vs. FBTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KULR Technology Group, Inc. (KULR) and Fidelity Wise Origin Bitcoin Trust (FBTC). The values are adjusted to include any dividend payments, if applicable.

KULR vs. FBTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KULR KULR Technology Group, Inc.	-19.93%	-89.58%	1,839.89%
FBTC Fidelity Wise Origin Bitcoin Trust	-22.56%	-6.56%	99.56%

Returns By Period

In the year-to-date period, KULR achieves a -19.93% return, which is significantly higher than FBTC's -22.56% return.

KULR

• 1D: 9.22%
• 1M: -15.66%
• YTD: -19.93%
• 6M: -43.03%
• 1Y: -77.56%
• 3Y*: -30.36%
• 5Y*: -34.93%
• 10Y*: —

FBTC

• 1D: 1.97%
• 1M: 3.29%
• YTD: -22.56%
• 6M: -40.86%
• 1Y: -17.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

KULR vs. FBTC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KULR

KULR Risk / Return Rank: 9
KULR Sharpe Ratio Rank: 9
KULR Sortino Ratio Rank: 6
KULR Omega Ratio Rank: 8
KULR Calmar Ratio Rank: 5
KULR Martin Ratio Rank: 16

FBTC

FBTC Risk / Return Rank: 6
FBTC Sharpe Ratio Rank: 5
FBTC Sortino Ratio Rank: 6
FBTC Omega Ratio Rank: 6
FBTC Calmar Ratio Rank: 6
FBTC Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KULR vs. FBTC - Risk-Adjusted Trends 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.

	KULR	FBTC	Difference
Sharpe ratio Return per unit of total volatility	-0.81	-0.40	-0.41
Sortino ratio Return per unit of downside risk	-1.49	-0.29	-1.20
Omega ratio Gain probability vs. loss probability	0.83	0.97	-0.13
Calmar ratio Return relative to maximum drawdown	-0.96	-0.39	-0.57
Martin ratio Return relative to average drawdown	-1.30	-0.84	-0.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KULR vs. FBTC - Sharpe Ratio Comparison

The current KULR Sharpe Ratio is -0.81, which is lower than the FBTC Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of KULR and FBTC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KULR	FBTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	-0.40	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	0.35	-0.51

Correlation

The correlation between KULR and FBTC is 0.31, 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.

Dividends

KULR vs. FBTC - Dividend Comparison

Neither KULR nor FBTC has paid dividends to shareholders.

Tickers have no history of dividend payments

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 -49.33%. Use the drawdown chart below to compare losses from any high point for KULR and FBTC.

Drawdown Indicators

	KULR	FBTC	Difference
Max Drawdown Largest peak-to-trough decline	-97.23%	-49.33%	-47.90%
Max Drawdown (1Y) Largest decline over 1 year	-83.15%	-49.33%	-33.82%
Max Drawdown (5Y) Largest decline over 5 years	-96.86%	—	—
Current Drawdown Current decline from peak	-93.83%	-46.06%	-47.77%
Average Drawdown Average peak-to-trough decline	-65.61%	-14.12%	-51.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	61.26%	23.05%	+38.21%

Volatility

KULR vs. FBTC - Volatility Comparison

KULR Technology Group, Inc. (KULR) has a higher volatility of 17.82% compared to Fidelity Wise Origin Bitcoin Trust (FBTC) at 12.97%. 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.

Volatility by Period

	KULR	FBTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.82%	12.97%	+4.85%
Volatility (6M) Calculated over the trailing 6-month period	69.85%	36.77%	+33.08%
Volatility (1Y) Calculated over the trailing 1-year period	96.84%	45.30%	+51.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.57%	51.21%	+73.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.43%	51.21%	+75.22%