POAHY vs. FBTC
POAHY (Porsche Automobile Holding SE) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, POAHY returned -11.48% vs -39.80% for FBTC. At a 0.22 correlation, their price movements are largely independent.
Performance
POAHY vs. FBTC - Performance Comparison
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Returns By Period
In the year-to-date period, POAHY achieves a -27.07% return, which is significantly higher than FBTC's -28.83% return.
POAHY
- 1D
- -0.74%
- 1M
- -9.57%
- YTD
- -27.07%
- 6M
- -27.52%
- 1Y
- -11.48%
- 3Y*
- -12.43%
- 5Y*
- -18.36%
- 10Y*
- -0.22%
FBTC
- 1D
- -3.16%
- 1M
- -17.78%
- YTD
- -28.83%
- 6M
- -28.94%
- 1Y
- -39.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
POAHY vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
POAHY Porsche Automobile Holding SE | -27.07% | 31.31% | -22.51% |
FBTC Fidelity Wise Origin Bitcoin Fund | -28.83% | -6.56% | 94.28% |
Correlation
The correlation between POAHY and FBTC is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.22 |
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Return for Risk
POAHY vs. FBTC — Risk / Return Rank
POAHY
FBTC
POAHY vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Porsche Automobile Holding SE (POAHY) 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.
| POAHY | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.86 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | -0.77 | +0.38 |
| Martin ratioReturn relative to average drawdown | -0.79 | -1.30 | +0.52 |
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Drawdowns
POAHY vs. FBTC - Drawdown Comparison
The maximum POAHY drawdown since its inception was -67.86%, which is greater than FBTC's maximum drawdown of -52.07%. Use the drawdown chart below to compare losses from any high point for POAHY and FBTC.
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Drawdown Indicators
| POAHY | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.86% | -52.07% | -15.79% |
Max Drawdown (1Y)Largest decline over 1 year | -29.81% | -52.07% | +22.26% |
Max Drawdown (3Y)Largest decline over 3 years | -41.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -65.21% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -67.86% | — | — |
Current DrawdownCurrent decline from peak | -66.04% | -50.43% | -15.61% |
Average DrawdownAverage peak-to-trough decline | -35.10% | -16.77% | -18.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.63% | 30.54% | -15.91% |
Volatility
POAHY vs. FBTC - Volatility Comparison
The current volatility for Porsche Automobile Holding SE (POAHY) is 6.85%, while Fidelity Wise Origin Bitcoin Fund (FBTC) has a volatility of 13.04%. This indicates that POAHY experiences smaller price fluctuations and is considered to be less risky 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
| POAHY | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.85% | 13.04% | -6.19% |
Volatility (6M)Calculated over the trailing 6-month period | 17.10% | 34.56% | -17.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.08% | 44.18% | -19.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.37% | 50.08% | -18.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.71% | 50.08% | -16.37% |
Dividends
POAHY vs. FBTC - Dividend Comparison
Neither POAHY nor FBTC has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBTC Fidelity Wise Origin Bitcoin Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
POAHY Porsche Automobile Holding SE | 0.00% | 4.69% | 7.39% | 5.50% | 5.21% | 2.81% | 3.67% | 2.17% | 2.42% | 2.32% | 5.61% | 3.95% |
Frequently Asked Questions
POAHY and FBTC have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBTC has higher volatility (13.04%) compared to POAHY (6.85%). In terms of maximum drawdown, POAHY dropped -67.86% vs FBTC's -52.07%.
POAHY currently has the higher Sharpe Ratio (-0.46 vs -0.90), 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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