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 0.36, 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:
0.95
FBTC:
0.79
KULR:
2.82
FBTC:
1.42
KULR:
1.32
FBTC:
1.17
KULR:
1.68
FBTC:
1.53
KULR:
3.56
FBTC:
3.37
KULR:
44.94%
FBTC:
12.79%
KULR:
168.33%
FBTC:
54.50%
KULR:
-97.23%
FBTC:
-28.21%
KULR:
-71.87%
FBTC:
-10.75%
Returns By Period
In the year-to-date period, KULR achieves a -61.97% return, which is significantly lower than FBTC's 2.11% return.
KULR
-61.97%
-7.53%
380.43%
190.14%
-2.09%
N/A
FBTC
2.11%
9.66%
42.66%
49.42%
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 -28.21%. 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 27.34% compared to Fidelity Wise Origin Bitcoin Trust (FBTC) at 16.49%. 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.