OKLO vs. IBIT
OKLO (Oklo Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, OKLO returned -10.84% vs -40.63% for IBIT. At a 0.31 correlation, their price movements are largely independent.
Performance
OKLO vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, OKLO achieves a -19.89% return, which is significantly higher than IBIT's -27.41% return.
OKLO
- 1D
- -0.64%
- 1M
- -17.47%
- YTD
- -19.89%
- 6M
- -34.24%
- 1Y
- -10.84%
- 3Y*
- 75.64%
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OKLO vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
OKLO Oklo Inc. | -19.89% | 238.01% | 99.91% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between OKLO and IBIT is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.31 |
The correlation between OKLO and IBIT shifts across timeframes, from 0.31 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
OKLO vs. IBIT — Risk / Return Rank
OKLO
IBIT
OKLO vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oklo Inc. (OKLO) and iShares Bitcoin Trust ETF (IBIT). 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.
| OKLO | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.85 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | -0.78 | +0.63 |
| Martin ratioReturn relative to average drawdown | -0.24 | -1.37 | +1.13 |
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Drawdowns
OKLO vs. IBIT - Drawdown Comparison
The maximum OKLO drawdown since its inception was -73.83%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for OKLO and IBIT.
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Drawdown Indicators
| OKLO | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.83% | -52.11% | -21.72% |
Max Drawdown (1Y)Largest decline over 1 year | -73.83% | -52.11% | -21.72% |
Max Drawdown (3Y)Largest decline over 3 years | -73.83% | — | — |
Current DrawdownCurrent decline from peak | -66.99% | -49.45% | -17.54% |
Average DrawdownAverage peak-to-trough decline | -18.13% | -16.53% | -1.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.70% | 29.64% | +16.06% |
Volatility
OKLO vs. IBIT - Volatility Comparison
Oklo Inc. (OKLO) has a higher volatility of 27.86% compared to iShares Bitcoin Trust ETF (IBIT) at 12.07%. This indicates that OKLO's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKLO | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.86% | 12.07% | +15.79% |
Volatility (6M)Calculated over the trailing 6-month period | 69.66% | 34.45% | +35.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 101.88% | 44.10% | +57.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.88% | 50.26% | +35.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.88% | 50.26% | +35.62% |
Dividends
OKLO vs. IBIT - Dividend Comparison
Neither OKLO nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
OKLO and IBIT have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKLO has higher volatility (27.86%) compared to IBIT (12.07%). In terms of maximum drawdown, OKLO dropped -73.83% vs IBIT's -52.11%.
OKLO currently has the higher Sharpe Ratio (-0.11 vs -0.92), 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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