PUBM vs. FBTC
Compare and contrast key facts about PubMatic, Inc. (PUBM) and Fidelity Wise Origin Bitcoin Trust (FBTC).
FBTC is a passively managed fund by Fidelity that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PUBM or FBTC.
Correlation
The correlation between PUBM and FBTC is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PUBM vs. FBTC - Performance Comparison
Key characteristics
PUBM:
-0.07
FBTC:
2.23
PUBM:
0.31
FBTC:
2.80
PUBM:
1.05
FBTC:
1.33
PUBM:
-0.05
FBTC:
4.63
PUBM:
-0.15
FBTC:
10.58
PUBM:
25.25%
FBTC:
11.99%
PUBM:
55.48%
FBTC:
56.82%
PUBM:
-84.04%
FBTC:
-27.42%
PUBM:
-79.41%
FBTC:
-6.77%
Returns By Period
In the year-to-date period, PUBM achieves a -1.97% return, which is significantly lower than FBTC's 6.66% return.
PUBM
-1.97%
-12.78%
-32.74%
1.34%
N/A
N/A
FBTC
6.66%
-5.89%
53.89%
128.37%
N/A
N/A
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Risk-Adjusted Performance
PUBM vs. FBTC — Risk-Adjusted Performance Rank
PUBM
FBTC
PUBM vs. FBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PubMatic, Inc. (PUBM) and Fidelity Wise Origin Bitcoin Trust (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.
Dividends
PUBM vs. FBTC - Dividend Comparison
Neither PUBM nor FBTC has paid dividends to shareholders.
Drawdowns
PUBM vs. FBTC - Drawdown Comparison
The maximum PUBM drawdown since its inception was -84.04%, which is greater than FBTC's maximum drawdown of -27.42%. Use the drawdown chart below to compare losses from any high point for PUBM and FBTC. For additional features, visit the drawdowns tool.
Volatility
PUBM vs. FBTC - Volatility Comparison
The current volatility for PubMatic, Inc. (PUBM) is 9.19%, while Fidelity Wise Origin Bitcoin Trust (FBTC) has a volatility of 15.80%. This indicates that PUBM 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.