ONEQ vs. BTC-USD

In the year-to-date period, ONEQ achieves a -7.15% return, which is significantly lower than BTC-USD's 3.86% return. Over the past 10 years, ONEQ has underperformed BTC-USD with an annualized return of 14.79%, while BTC-USD has yielded a comparatively higher 82.12% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) and Bitcoin (BTC-USD). 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.

The current ONEQ Sharpe Ratio is 0.42, which is lower than the BTC-USD Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of ONEQ and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum ONEQ drawdown since its inception was -55.09%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for ONEQ and BTC-USD. For additional features, visit the drawdowns tool.

Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) has a higher volatility of 14.23% compared to Bitcoin (BTC-USD) at 12.87%. This indicates that ONEQ's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.