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 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PUBM vs. FBTC - Performance Comparison
Key characteristics
PUBM:
-0.93
FBTC:
0.79
PUBM:
-1.25
FBTC:
1.42
PUBM:
0.81
FBTC:
1.17
PUBM:
-0.63
FBTC:
1.53
PUBM:
-1.51
FBTC:
3.37
PUBM:
36.92%
FBTC:
12.79%
PUBM:
59.83%
FBTC:
54.50%
PUBM:
-88.89%
FBTC:
-28.21%
PUBM:
-85.91%
FBTC:
-10.75%
Returns By Period
In the year-to-date period, PUBM achieves a -32.95% return, which is significantly lower than FBTC's 2.11% return.
PUBM
-32.95%
-5.74%
-33.63%
-57.80%
N/A
N/A
FBTC
2.11%
10.24%
42.66%
47.15%
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 -88.89%, which is greater than FBTC's maximum drawdown of -28.21%. 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
PubMatic, Inc. (PUBM) has a higher volatility of 26.22% compared to Fidelity Wise Origin Bitcoin Trust (FBTC) at 16.49%. This indicates that PUBM's price experiences larger fluctuations and is considered to be riskier than FBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.