QCOM vs. FBTC
QCOM (QUALCOMM Incorporated) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, QCOM returned 12.34% vs -44.68% for FBTC. At a 0.25 correlation, their price movements are largely independent.
Performance
QCOM vs. FBTC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QCOM achieves a 0.58% return, which is significantly higher than FBTC's -25.63% return.
QCOM
- 1D
- -0.85%
- 1M
- -24.67%
- 6M
- 7.92%
- YTD
- 0.58%
- 1Y
- 12.34%
- 3Y*
- 13.38%
- 5Y*
- 5.94%
- 10Y*
- 13.85%
- ALL TIME*
- 19.89%
FBTC
- 1D
- 1.56%
- 1M
- 3.51%
- 6M
- -31.89%
- YTD
- -25.63%
- 1Y
- -44.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.64%
QCOM vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QCOM QUALCOMM Incorporated | 0.58% | 13.84% | 12.45% |
FBTC Fidelity Wise Origin Bitcoin Fund | -25.63% | -6.56% | 94.28% |
Correlation
The correlation between QCOM and FBTC is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QCOM vs. FBTC — Risk / Return Rank
QCOM
FBTC
QCOM vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QUALCOMM Incorporated (QCOM) 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.
| QCOM | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.83 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | -0.84 | +1.21 |
| Martin ratioReturn relative to average drawdown | 0.75 | -1.34 | +2.08 |
Loading charts...
Drawdowns
QCOM vs. FBTC - Drawdown Comparison
The maximum QCOM drawdown since its inception was -86.75%, which is greater than FBTC's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for QCOM and FBTC.
Loading charts...
Drawdown Indicators
| QCOM | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.75% | -53.35% | -33.40% |
Max Drawdown (1Y)Largest decline over 1 year | -33.13% | -53.35% | +20.22% |
Max Drawdown (3Y)Largest decline over 3 years | -44.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.29% | — | — |
Current DrawdownCurrent decline from peak | -31.90% | -48.20% | +16.30% |
Average DrawdownAverage peak-to-trough decline | -32.84% | -17.73% | -15.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.61% | 33.39% | -16.78% |
Volatility
QCOM vs. FBTC - Volatility Comparison
QUALCOMM Incorporated (QCOM) has a higher volatility of 16.92% compared to Fidelity Wise Origin Bitcoin Fund (FBTC) at 10.58%. This indicates that QCOM'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.
Loading charts...
Volatility by Period
| QCOM | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.92% | 10.58% | +6.34% |
Volatility (6M)Calculated over the trailing 6-month period | 45.09% | 34.53% | +10.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.47% | 44.30% | +7.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.88% | 49.71% | -7.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.54% | 49.71% | -10.17% |
Dividends
QCOM vs. FBTC - Dividend Comparison
QCOM's dividend yield for the trailing twelve months is around 2.11%, while FBTC has not 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% |
QCOM QUALCOMM Incorporated | 2.11% | 2.06% | 2.18% | 2.18% | 2.67% | 1.47% | 1.69% | 2.81% | 4.27% | 3.50% | 3.17% | 3.72% |
Frequently Asked Questions
QCOM and FBTC have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QCOM has higher volatility (16.92%) compared to FBTC (10.58%). In terms of maximum drawdown, QCOM dropped -86.75% vs FBTC's -53.35%.
QCOM currently has the higher Sharpe Ratio (0.24 vs -1.01), 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.
Find the right allocation for QCOM and FBTC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer