META vs. FBTC
META (Meta Platforms, Inc.) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, META returned -8.00% vs -44.68% for FBTC. At a 0.24 correlation, their price movements are largely independent.
Performance
META vs. FBTC - Performance Comparison
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Returns By Period
In the year-to-date period, META achieves a -1.98% return, which is significantly higher than FBTC's -25.63% return.
META
- 1D
- -0.02%
- 1M
- 11.89%
- 6M
- 4.31%
- YTD
- -1.98%
- 1Y
- -8.00%
- 3Y*
- 30.34%
- 5Y*
- 13.48%
- 10Y*
- 18.34%
- ALL TIME*
- 21.33%
FBTC
- 1D
- 1.56%
- 1M
- 3.51%
- 6M
- -31.89%
- YTD
- -25.63%
- 1Y
- -44.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.64%
META vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
META Meta Platforms, Inc. | -1.98% | 13.09% | 58.65% |
FBTC Fidelity Wise Origin Bitcoin Fund | -25.63% | -6.56% | 94.28% |
Correlation
The correlation between META and FBTC is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.24 |
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Return for Risk
META vs. FBTC — Risk / Return Rank
META
FBTC
META vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meta Platforms, Inc. (META) 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.
| META | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.83 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.24 | -0.84 | +0.60 |
| Martin ratioReturn relative to average drawdown | -0.45 | -1.34 | +0.89 |
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Drawdowns
META vs. FBTC - Drawdown Comparison
The maximum META drawdown since its inception was -76.74%, which is greater than FBTC's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for META and FBTC.
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Drawdown Indicators
| META | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.74% | -53.35% | -23.39% |
Max Drawdown (1Y)Largest decline over 1 year | -33.30% | -53.35% | +20.05% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -76.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -76.74% | — | — |
Current DrawdownCurrent decline from peak | -17.98% | -48.20% | +30.22% |
Average DrawdownAverage peak-to-trough decline | -15.88% | -17.73% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.63% | 33.39% | -15.76% |
Volatility
META vs. FBTC - Volatility Comparison
Meta Platforms, Inc. (META) has a higher volatility of 14.95% compared to Fidelity Wise Origin Bitcoin Fund (FBTC) at 10.58%. This indicates that META'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
| META | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.95% | 10.58% | +4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 31.08% | 34.53% | -3.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.77% | 44.30% | -5.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.59% | 49.71% | -5.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.00% | 49.71% | -10.71% |
Dividends
META vs. FBTC - Dividend Comparison
META's dividend yield for the trailing twelve months is around 0.33%, while FBTC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FBTC Fidelity Wise Origin Bitcoin Fund | 0.00% | 0.00% | 0.00% |
META Meta Platforms, Inc. | 0.33% | 0.32% | 0.34% |
Frequently Asked Questions
META and FBTC have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
META has higher volatility (14.95%) compared to FBTC (10.58%). In terms of maximum drawdown, META dropped -76.74% vs FBTC's -53.35%.
META currently has the higher Sharpe Ratio (-0.21 vs -1.01), 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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