RYCEY vs. FBTC
RYCEY (Rolls-Royce Holdings plc) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, RYCEY returned 33.75% vs -44.68% for FBTC. At a 0.28 correlation, their price movements are largely independent.
Performance
RYCEY vs. FBTC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RYCEY achieves a 15.83% return, which is significantly higher than FBTC's -25.63% return.
RYCEY
- 1D
- -1.25%
- 1M
- -3.36%
- 6M
- 4.11%
- YTD
- 15.83%
- 1Y
- 33.75%
- 3Y*
- 111.25%
- 5Y*
- 68.92%
- 10Y*
- 7.64%
- ALL TIME*
- -11.47%
FBTC
- 1D
- 1.56%
- 1M
- 3.51%
- 6M
- -31.89%
- YTD
- -25.63%
- 1Y
- -44.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.64%
RYCEY vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RYCEY Rolls-Royce Holdings plc | 15.83% | 123.64% | 82.89% |
FBTC Fidelity Wise Origin Bitcoin Fund | -25.63% | -6.56% | 94.28% |
Correlation
The correlation between RYCEY and FBTC is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.28 |
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
RYCEY vs. FBTC — Risk / Return Rank
RYCEY
FBTC
RYCEY vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rolls-Royce Holdings plc (RYCEY) 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.
| RYCEY | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.83 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | -0.84 | +2.40 |
| Martin ratioReturn relative to average drawdown | 4.32 | -1.34 | +5.66 |
Loading charts...
Drawdowns
RYCEY vs. FBTC - Drawdown Comparison
The maximum RYCEY drawdown since its inception was -99.07%, which is greater than FBTC's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for RYCEY and FBTC.
Loading charts...
Drawdown Indicators
| RYCEY | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -53.35% | -45.72% |
Max Drawdown (1Y)Largest decline over 1 year | -21.75% | -53.35% | +31.60% |
Max Drawdown (3Y)Largest decline over 3 years | -23.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -62.01% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -94.64% | — | — |
Current DrawdownCurrent decline from peak | -77.01% | -48.20% | -28.81% |
Average DrawdownAverage peak-to-trough decline | -84.09% | -17.73% | -66.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.83% | 33.39% | -25.56% |
Volatility
RYCEY vs. FBTC - Volatility Comparison
The current volatility for Rolls-Royce Holdings plc (RYCEY) is 8.23%, while Fidelity Wise Origin Bitcoin Fund (FBTC) has a volatility of 10.58%. This indicates that RYCEY 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.
Loading charts...
Volatility by Period
| RYCEY | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 10.58% | -2.35% |
Volatility (6M)Calculated over the trailing 6-month period | 33.05% | 34.53% | -1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.40% | 44.30% | -5.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.23% | 49.71% | -6.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.27% | 49.71% | -0.44% |
Dividends
RYCEY vs. FBTC - Dividend Comparison
RYCEY's dividend yield for the trailing twelve months is around 0.70%, 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% |
RYCEY Rolls-Royce Holdings plc | 0.70% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 5.51% | 1.56% | 1.32% | 1.55% | 4.19% | 14.44% |
Frequently Asked Questions
RYCEY and FBTC have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBTC has higher volatility (10.58%) compared to RYCEY (8.23%). In terms of maximum drawdown, RYCEY dropped -99.07% vs FBTC's -53.35%.
RYCEY currently has the higher Sharpe Ratio (0.88 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 RYCEY 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