LBRT vs. BTDR
LBRT (Liberty Oilfield Services Inc.) and BTDR (Bitdeer Technologies Group Class A Ordinary Shares) are both stocks. LBRT operates in Oil & Gas Equipment & Services (Energy), while BTDR operates in Software - Application (Technology). Over the past 3 years, LBRT returned 27.96%/yr vs 16.95%/yr for BTDR. At a 0.10 correlation, their price movements are largely independent.
Performance
LBRT vs. BTDR - Performance Comparison
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Returns By Period
In the year-to-date period, LBRT achieves a 49.07% return, which is significantly lower than BTDR's 62.80% return.
LBRT
- 1D
- -2.57%
- 1M
- -16.75%
- YTD
- 49.07%
- 6M
- 53.14%
- 1Y
- 108.08%
- 3Y*
- 27.96%
- 5Y*
- 15.12%
- 10Y*
- —
BTDR
- 1D
- -0.38%
- 1M
- 36.70%
- YTD
- 62.80%
- 6M
- 82.32%
- 1Y
- 34.59%
- 3Y*
- 16.95%
- 5Y*
- —
- 10Y*
- —
LBRT vs. BTDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LBRT Liberty Oilfield Services Inc. | 49.07% | -4.91% | 11.23% | 39.07% |
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 62.80% | -48.27% | 119.78% | 20.10% |
Correlation
The correlation between LBRT and BTDR is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2023 | 0.10 |
Fundamentals
LBRT:
$4.55B
BTDR:
$4.26B
LBRT:
$0.91
BTDR:
-$2.23
LBRT:
1.12
BTDR:
5.58
LBRT:
2.33
BTDR:
5.83
LBRT:
$4.05B
BTDR:
$739.06M
LBRT:
$433.12M
BTDR:
$25.18M
LBRT:
$688.45M
BTDR:
$59.65M
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Return for Risk
LBRT vs. BTDR — Risk / Return Rank
LBRT
BTDR
LBRT vs. BTDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty Oilfield Services Inc. (LBRT) and Bitdeer Technologies Group Class A Ordinary Shares (BTDR). 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.
| LBRT | BTDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.14 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.30 | 0.48 | +3.82 |
| Martin ratioReturn relative to average drawdown | 10.25 | 0.81 | +9.45 |
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Drawdowns
LBRT vs. BTDR - Drawdown Comparison
The maximum LBRT drawdown since its inception was -90.02%, which is greater than BTDR's maximum drawdown of -79.52%. Use the drawdown chart below to compare losses from any high point for LBRT and BTDR.
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Drawdown Indicators
| LBRT | BTDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.02% | -79.52% | -10.50% |
Max Drawdown (1Y)Largest decline over 1 year | -25.26% | -71.89% | +46.63% |
Max Drawdown (3Y)Largest decline over 3 years | -58.84% | -79.52% | +20.68% |
Max Drawdown (5Y)Largest decline over 5 years | -58.84% | — | — |
Current DrawdownCurrent decline from peak | -19.16% | -30.08% | +10.92% |
Average DrawdownAverage peak-to-trough decline | -35.56% | -43.58% | +8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.58% | 42.94% | -32.36% |
Volatility
LBRT vs. BTDR - Volatility Comparison
The current volatility for Liberty Oilfield Services Inc. (LBRT) is 15.38%, while Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a volatility of 29.93%. This indicates that LBRT experiences smaller price fluctuations and is considered to be less risky than BTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LBRT | BTDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.38% | 29.93% | -14.55% |
Volatility (6M)Calculated over the trailing 6-month period | 37.55% | 68.65% | -31.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.29% | 100.77% | -38.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.95% | 123.16% | -68.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.75% | 123.16% | -58.41% |
Dividends
LBRT vs. BTDR - Dividend Comparison
LBRT's dividend yield for the trailing twelve months is around 1.28%, while BTDR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LBRT Liberty Oilfield Services Inc. | 1.28% | 1.79% | 1.46% | 1.21% | 0.31% | 0.00% | 0.48% | 1.80% | 0.77% |
Financials
LBRT vs. BTDR - Financials Comparison
This section allows you to compare key financial metrics between Liberty Oilfield Services Inc. and Bitdeer Technologies Group Class A Ordinary Shares. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LBRT vs. BTDR - Profitability Comparison
LBRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a gross profit of 63.31M and revenue of 1.02B. Therefore, the gross margin over that period was 6.2%.
BTDR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported a gross profit of -39.04M and revenue of 188.93M. Therefore, the gross margin over that period was -20.7%.
LBRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported an operating income of 3.77M and revenue of 1.02B, resulting in an operating margin of 0.4%.
BTDR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported an operating income of -86.73M and revenue of 188.93M, resulting in an operating margin of -45.9%.
LBRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a net income of 22.56M and revenue of 1.02B, resulting in a net margin of 2.2%.
BTDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bitdeer Technologies Group Class A Ordinary Shares reported a net income of -159.53M and revenue of 188.93M, resulting in a net margin of -84.4%.
Frequently Asked Questions
LBRT and BTDR have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTDR has higher volatility (29.93%) compared to LBRT (15.38%). In terms of maximum drawdown, LBRT dropped -90.02% vs BTDR's -79.52%.
LBRT currently has the higher Sharpe Ratio (1.75 vs 0.35), 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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