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:
-1.16
FBTC:
0.50
PUBM:
-1.79
FBTC:
1.09
PUBM:
0.72
FBTC:
1.12
PUBM:
-0.74
FBTC:
1.00
PUBM:
-1.91
FBTC:
2.16
PUBM:
34.01%
FBTC:
12.71%
PUBM:
55.79%
FBTC:
54.45%
PUBM:
-88.20%
FBTC:
-27.42%
PUBM:
-88.20%
FBTC:
-21.37%
Returns By Period
In the year-to-date period, PUBM achieves a -43.84% return, which is significantly lower than FBTC's -10.04% return.
PUBM
-43.84%
-22.97%
-44.14%
-64.77%
N/A
N/A
FBTC
-10.04%
-7.14%
34.51%
22.46%
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 -88.20%, 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
PubMatic, Inc. (PUBM) has a higher volatility of 19.16% compared to Fidelity Wise Origin Bitcoin Trust (FBTC) at 17.43%. 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.