URBN vs. IBIT
Compare and contrast key facts about Urban Outfitters, Inc. (URBN) 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: URBN or IBIT.
Correlation
The correlation between URBN and IBIT is 0.29, 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
URBN vs. IBIT - Performance Comparison
Key characteristics
URBN:
0.59
IBIT:
0.64
URBN:
1.20
IBIT:
1.26
URBN:
1.16
IBIT:
1.14
URBN:
1.02
IBIT:
1.24
URBN:
2.09
IBIT:
2.75
URBN:
14.44%
IBIT:
12.74%
URBN:
50.86%
IBIT:
54.56%
URBN:
-77.07%
IBIT:
-28.22%
URBN:
-18.13%
IBIT:
-20.53%
Returns By Period
In the year-to-date period, URBN achieves a -9.84% return, which is significantly lower than IBIT's -9.03% return.
URBN
-9.84%
0.92%
31.74%
33.48%
21.62%
1.56%
IBIT
-9.03%
3.10%
26.83%
38.84%
N/A
N/A
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Risk-Adjusted Performance
URBN vs. IBIT — Risk-Adjusted Performance Rank
URBN
IBIT
URBN vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Urban Outfitters, Inc. (URBN) 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
URBN vs. IBIT - Dividend Comparison
Neither URBN nor IBIT has paid dividends to shareholders.
Drawdowns
URBN vs. IBIT - Drawdown Comparison
The maximum URBN drawdown since its inception was -77.07%, which is greater than IBIT's maximum drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for URBN and IBIT. For additional features, visit the drawdowns tool.
Volatility
URBN vs. IBIT - Volatility Comparison
Urban Outfitters, Inc. (URBN) has a higher volatility of 30.02% compared to iShares Bitcoin Trust (IBIT) at 16.56%. This indicates that URBN'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.