KULR vs. FBTC
KULR (KULR Technology Group, Inc.) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, KULR returned -52.33% vs -47.53% for FBTC. At a 0.31 correlation, their price movements are largely independent.
Performance
KULR vs. FBTC - Performance Comparison
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Returns By Period
KULR
- 1D
- -8.07%
- 1M
- -21.90%
- 6M
- -13.95%
- YTD
- 0.00%
- 1Y
- -52.33%
- 3Y*
- -23.02%
- 5Y*
- -29.54%
- 10Y*
- —
FBTC
- 1D
- -2.67%
- 1M
- -2.20%
- 6M
- -32.07%
- YTD
- -28.99%
- 1Y
- -47.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KULR vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KULR KULR Technology Group, Inc. | 0.00% | -89.58% | 1,897.75% |
FBTC Fidelity Wise Origin Bitcoin Fund | -28.99% | -6.56% | 94.28% |
Correlation
The correlation between KULR and FBTC is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.31 |
Over the past year, KULR and FBTC have become more correlated (0.51) than their long-term average of 0.31, meaning their price movements have been converging.
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Return for Risk
KULR vs. FBTC — Risk / Return Rank
KULR
FBTC
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 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.
| KULR | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.82 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.89 | +0.15 |
| Martin ratioReturn relative to average drawdown | -1.08 | -1.46 | +0.37 |
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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 -53.35%. Use the drawdown chart below to compare losses from any high point for KULR and FBTC.
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Drawdown Indicators
| KULR | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.23% | -53.35% | -43.88% |
Max Drawdown (1Y)Largest decline over 1 year | -71.06% | -53.35% | -17.71% |
Max Drawdown (3Y)Largest decline over 3 years | -94.74% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -96.86% | — | — |
Current DrawdownCurrent decline from peak | -92.29% | -50.54% | -41.75% |
Average DrawdownAverage peak-to-trough decline | -66.48% | -17.49% | -48.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.33% | 32.68% | +15.65% |
Volatility
KULR vs. FBTC - Volatility Comparison
KULR Technology Group, Inc. (KULR) has a higher volatility of 29.75% compared to Fidelity Wise Origin Bitcoin Fund (FBTC) at 11.38%. 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.
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Volatility by Period
| KULR | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.75% | 11.38% | +18.37% |
Volatility (6M)Calculated over the trailing 6-month period | 76.23% | 34.71% | +41.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 98.59% | 44.27% | +54.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 126.48% | 49.84% | +76.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 126.85% | 49.84% | +77.01% |
Dividends
KULR vs. FBTC - Dividend Comparison
Neither KULR nor FBTC has paid dividends to shareholders.
Frequently Asked Questions
KULR and FBTC have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KULR has higher volatility (29.75%) compared to FBTC (11.38%). In terms of maximum drawdown, KULR dropped -97.23% vs FBTC's -53.35%.
KULR currently has the higher Sharpe Ratio (-0.53 vs -1.08), 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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