OHI vs. BITB
OHI (Omega Healthcare Investors, Inc.) is a stock, while BITB (Bitwise Bitcoin ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, OHI returned 31.58% vs -39.67% for BITB. At a correlation of -0.01, they often move in opposite directions.
Performance
OHI vs. BITB - Performance Comparison
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Returns By Period
In the year-to-date period, OHI achieves a 6.29% return, which is significantly higher than BITB's -27.42% return.
OHI
- 1D
- 1.08%
- 1M
- -3.30%
- YTD
- 6.29%
- 6M
- 7.19%
- 1Y
- 31.58%
- 3Y*
- 22.48%
- 5Y*
- 12.56%
- 10Y*
- 11.91%
BITB
- 1D
- 0.03%
- 1M
- -19.63%
- YTD
- -27.42%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OHI vs. BITB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
OHI Omega Healthcare Investors, Inc. | 6.29% | 25.52% | 34.36% |
BITB Bitwise Bitcoin ETF | -27.42% | -6.47% | 89.74% |
Correlation
The correlation between OHI and BITB is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | -0.01 |
The correlation between OHI and BITB shifts across timeframes, from -0.14 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OHI vs. BITB — Risk / Return Rank
OHI
BITB
OHI vs. BITB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Omega Healthcare Investors, Inc. (OHI) and Bitwise Bitcoin ETF (BITB). 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.
| OHI | BITB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.52 | ||
| Sortino ratioReturn per unit of downside risk | +3.71 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.85 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | -0.78 | +3.70 |
| Martin ratioReturn relative to average drawdown | 7.97 | -1.37 | +9.34 |
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Drawdowns
OHI vs. BITB - Drawdown Comparison
The maximum OHI drawdown since its inception was -94.85%, which is greater than BITB's maximum drawdown of -52.04%. Use the drawdown chart below to compare losses from any high point for OHI and BITB.
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Drawdown Indicators
| OHI | BITB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.85% | -52.04% | -42.81% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -52.04% | +41.18% |
Max Drawdown (3Y)Largest decline over 3 years | -15.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.92% | — | — |
Current DrawdownCurrent decline from peak | -6.57% | -49.44% | +42.87% |
Average DrawdownAverage peak-to-trough decline | -24.04% | -16.54% | -7.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 29.62% | -25.65% |
Volatility
OHI vs. BITB - Volatility Comparison
The current volatility for Omega Healthcare Investors, Inc. (OHI) is 7.52%, while Bitwise Bitcoin ETF (BITB) has a volatility of 11.94%. This indicates that OHI experiences smaller price fluctuations and is considered to be less risky than BITB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OHI | BITB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.52% | 11.94% | -4.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.17% | 34.40% | -19.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.86% | 43.98% | -24.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.26% | 50.04% | -25.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.27% | 50.04% | -15.77% |
Dividends
OHI vs. BITB - Dividend Comparison
OHI's dividend yield for the trailing twelve months is around 5.86%, while BITB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITB Bitwise Bitcoin ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OHI Omega Healthcare Investors, Inc. | 5.86% | 6.04% | 7.08% | 8.74% | 9.59% | 9.06% | 7.38% | 6.26% | 7.51% | 9.22% | 7.55% | 6.23% |
Frequently Asked Questions
OHI and BITB have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITB has higher volatility (11.94%) compared to OHI (7.52%). In terms of maximum drawdown, OHI dropped -94.85% vs BITB's -52.04%.
OHI currently has the higher Sharpe Ratio (1.60 vs -0.93), 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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