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YBIT vs. FBTC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YBIT and FBTC is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

YBIT vs. FBTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Bitcoin Option Income Strategy ETF (YBIT) and Fidelity Wise Origin Bitcoin Trust (FBTC). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
1.67%
44.70%
YBIT
FBTC

Key characteristics

Daily Std Dev

YBIT:

43.16%

FBTC:

57.37%

Max Drawdown

YBIT:

-29.01%

FBTC:

-27.42%

Current Drawdown

YBIT:

-8.65%

FBTC:

-9.78%

Returns By Period


YBIT

YTD

N/A

1M

-7.32%

6M

9.07%

1Y

N/A

5Y*

N/A

10Y*

N/A

FBTC

YTD

N/A

1M

2.01%

6M

49.98%

1Y

N/A

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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YBIT vs. FBTC - Expense Ratio Comparison

YBIT has a 0.99% expense ratio, which is higher than FBTC's 0.25% expense ratio.


YBIT
YieldMax Bitcoin Option Income Strategy ETF
Expense ratio chart for YBIT: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for FBTC: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

YBIT vs. FBTC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) and Fidelity Wise Origin Bitcoin Trust (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.


Sharpe ratio
No data
YBIT
FBTC


Chart placeholderNot enough data

Dividends

YBIT vs. FBTC - Dividend Comparison

YBIT's dividend yield for the trailing twelve months is around 50.48%, while FBTC has not paid dividends to shareholders.


TTM
YBIT
YieldMax Bitcoin Option Income Strategy ETF
50.48%
FBTC
Fidelity Wise Origin Bitcoin Trust
0.00%

Drawdowns

YBIT vs. FBTC - Drawdown Comparison

The maximum YBIT drawdown since its inception was -29.01%, which is greater than FBTC's maximum drawdown of -27.42%. Use the drawdown chart below to compare losses from any high point for YBIT and FBTC. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.65%
-9.78%
YBIT
FBTC

Volatility

YBIT vs. FBTC - Volatility Comparison

The current volatility for YieldMax Bitcoin Option Income Strategy ETF (YBIT) is 12.13%, while Fidelity Wise Origin Bitcoin Trust (FBTC) has a volatility of 16.14%. This indicates that YBIT 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.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
12.13%
16.14%
YBIT
FBTC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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