RUM vs. IBIT
Compare and contrast key facts about Rumble Inc. (RUM) and iShares Bitcoin Trust (IBIT).
IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RUM or IBIT.
Correlation
The correlation between RUM and IBIT is 0.24, 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
RUM vs. IBIT - Performance Comparison
Key characteristics
RUM:
0.43
IBIT:
1.45
RUM:
1.96
IBIT:
2.15
RUM:
1.22
IBIT:
1.25
RUM:
0.70
IBIT:
2.97
RUM:
1.83
IBIT:
6.72
RUM:
26.75%
IBIT:
12.17%
RUM:
114.88%
IBIT:
56.40%
RUM:
-79.83%
IBIT:
-27.51%
RUM:
-37.54%
IBIT:
-11.21%
Returns By Period
In the year-to-date period, RUM achieves a -19.29% return, which is significantly lower than IBIT's 1.64% return.
RUM
-19.29%
-16.73%
77.07%
46.04%
N/A
N/A
IBIT
1.64%
-9.20%
48.62%
81.43%
N/A
N/A
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Risk-Adjusted Performance
RUM vs. IBIT — Risk-Adjusted Performance Rank
RUM
IBIT
RUM vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rumble Inc. (RUM) and iShares Bitcoin Trust (IBIT). 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
RUM vs. IBIT - Dividend Comparison
Neither RUM nor IBIT has paid dividends to shareholders.
Drawdowns
RUM vs. IBIT - Drawdown Comparison
The maximum RUM drawdown since its inception was -79.83%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for RUM and IBIT. For additional features, visit the drawdowns tool.
Volatility
RUM vs. IBIT - Volatility Comparison
Rumble Inc. (RUM) has a higher volatility of 19.06% compared to iShares Bitcoin Trust (IBIT) at 9.86%. This indicates that RUM's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.