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 0.35, 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:
55.54%
FBTC:
57.49%
PUBM:
-84.04%
FBTC:
-27.42%
PUBM:
-77.97%
FBTC:
-9.86%
Returns By Period
PUBM
-5.58%
-0.58%
-20.99%
-9.20%
N/A
N/A
FBTC
N/A
3.93%
47.88%
N/A
N/A
N/A
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Risk-Adjusted Performance
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.
Not enough dataDividends
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 12.64%, while Fidelity Wise Origin Bitcoin Trust (FBTC) has a volatility of 16.25%. 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.