SOFI vs. FBTC
SOFI (SoFi Technologies, Inc.) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, SOFI returned 11.28% vs -40.63% for FBTC. At a 0.39 correlation, their price movements are largely independent.
Performance
SOFI vs. FBTC - Performance Comparison
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Returns By Period
In the year-to-date period, SOFI achieves a -36.67% return, which is significantly lower than FBTC's -27.39% return.
SOFI
- 1D
- -0.54%
- 1M
- 8.30%
- YTD
- -36.67%
- 6M
- -39.22%
- 1Y
- 11.28%
- 3Y*
- 20.23%
- 5Y*
- -5.84%
- 10Y*
- —
FBTC
- 1D
- 0.11%
- 1M
- -20.13%
- YTD
- -27.39%
- 6M
- -29.64%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOFI vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SOFI SoFi Technologies, Inc. | -36.67% | 70.00% | 81.60% |
FBTC Fidelity Wise Origin Bitcoin Fund | -27.39% | -6.56% | 94.28% |
Correlation
The correlation between SOFI and FBTC is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.39 |
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Return for Risk
SOFI vs. FBTC — Risk / Return Rank
SOFI
FBTC
SOFI vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SoFi Technologies, Inc. (SOFI) 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.
| SOFI | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.85 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | -0.78 | +1.00 |
| Martin ratioReturn relative to average drawdown | 0.39 | -1.37 | +1.77 |
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Drawdowns
SOFI vs. FBTC - Drawdown Comparison
The maximum SOFI drawdown since its inception was -83.32%, which is greater than FBTC's maximum drawdown of -52.07%. Use the drawdown chart below to compare losses from any high point for SOFI and FBTC.
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Drawdown Indicators
| SOFI | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.32% | -52.07% | -31.25% |
Max Drawdown (1Y)Largest decline over 1 year | -52.96% | -52.07% | -0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -52.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -81.54% | — | — |
Current DrawdownCurrent decline from peak | -48.53% | -49.42% | +0.89% |
Average DrawdownAverage peak-to-trough decline | -51.20% | -16.46% | -34.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.88% | 29.61% | -0.73% |
Volatility
SOFI vs. FBTC - Volatility Comparison
SoFi Technologies, Inc. (SOFI) has a higher volatility of 17.35% compared to Fidelity Wise Origin Bitcoin Fund (FBTC) at 11.97%. This indicates that SOFI'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.
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Volatility by Period
| SOFI | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.35% | 11.97% | +5.38% |
Volatility (6M)Calculated over the trailing 6-month period | 38.57% | 34.39% | +4.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.54% | 43.98% | +12.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.69% | 50.13% | +16.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.92% | 50.13% | +21.79% |
Dividends
SOFI vs. FBTC - Dividend Comparison
Neither SOFI nor FBTC has paid dividends to shareholders.
Frequently Asked Questions
SOFI and FBTC have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOFI has higher volatility (17.35%) compared to FBTC (11.97%). In terms of maximum drawdown, SOFI dropped -83.32% vs FBTC's -52.07%.
SOFI currently has the higher Sharpe Ratio (0.20 vs -0.93), 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.
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