BKKT vs TFSA

Comparison between Bakkt Holdings Inc - Class A (BKKT, Company) and Terra Income Fund 6, LLC 7.00% Notes due 2026 (TFSA, Company).

5-Year PerformanceTFSA has outperformed BKKT, delivering a return of -3.2% compared to -48.9%

BKKT vs TFSA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BKKT(COMPANY)	TFSA(COMPANY)
Market Cap	$124M	$124M
Max Drawdown	99.41%	55.49%
Sharpe Ratio	0.53	-0.65
5Y Beta	3.32	N/A
Industry	Software - Infrastructure	N/A
P/E Ratio	-3.70	30.15
Dividend Yield	N/A	5.28%
Debt to Equity	0.00%	N/A
Free Cash Flow Yield	-89.62%	-0.36%
P/S Ratio	0.07	N/A
P/B Ratio	18.64	N/A

Market Cap

BKKT

$124M

Winner

TFSA

$124M

Max Drawdown

BKKT

99.41%

Winner

TFSA

55.49%

Sharpe Ratio

Winner

BKKT

0.53

TFSA

-0.65

5Y Beta

BKKT

3.32

TFSA

N/A

Industry

BKKT

Software - Infrastructure

TFSA

N/A

P/E Ratio

Winner

BKKT

-3.70

TFSA

30.15

Dividend Yield

BKKT

N/A

TFSA

5.28%

Debt to Equity

BKKT

0.00%

TFSA

N/A

Free Cash Flow Yield

BKKT

-89.62%

Winner

TFSA

-0.36%

P/S Ratio

BKKT

0.07

TFSA

N/A

P/B Ratio

BKKT

18.64

TFSA

N/A

BKKT vs TFSA - Historical Returns

Returns include dividend reinvestment.

Period	BKKT	TFSA
1 month	-0.45%	-36.40%
3 months	-6.99%	-36.95%
6 months	-39.20%	-35.97%
1 year	-33.13%	-33.35%
5 years(CAGR)	-48.86%	-3.20%
Max(CAGR)	-46.17%	-2.59%

Winner

BKKT

-0.45%

TFSA

-36.40%

Winner

BKKT

-6.99%

TFSA

-36.95%

BKKT

-39.20%

Winner

TFSA

-35.97%

Winner

BKKT

-33.13%

TFSA

-33.35%

5Y(CAGR)

BKKT

-48.86%

Winner

TFSA

-3.20%

Max(CAGR)

BKKT

-46.17%

Winner

TFSA

-2.59%

BKKT vs TFSA - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	BKKT	TFSA
2026	-20.71%	-36.81%
2025	-60.53%	+9.45%
2024	-53.26%	+10.86%
2023	+92.24%	+10.51%
2022	-85.75%	-3.49%
2021	-16.98%	+7.02%
2020	-8.36%	N/A

BKKT vs TFSA Drawdown Comparison

The maximum drawdown for BKKT was -99.41%, occurring on May 2, 2024. This drawdown has not yet recovered.

The maximum drawdown for TFSA was -51.94%, occurring on Mar 16, 2026. This drawdown has not yet recovered.

The current BKKT drawdown is -99.16%. The current TFSA drawdown is -37.63%.

Rank	BKKT	TFSA
#1	-99.41% Oct 29, 2021 - May 2, 2024	-51.94% Jan 22, 2026 - Mar 16, 2026
#2	-59.01% Feb 9, 2021 - Oct 25, 2021	-20.89% Sep 8, 2022 - Apr 3, 2023
#3	-22.29% Oct 25, 2021 - Oct 29, 2021	-10.33% Oct 2, 2023 - Jan 31, 2024
#4	-22.20% Jan 12, 2021 - Feb 8, 2021	-9.60% Mar 27, 2024 - Sep 16, 2024
#5	-12.73% Nov 19, 2020 - Jan 8, 2021	-9.28% Apr 3, 2023 - Jun 5, 2023
#6	-8.98% Jan 8, 2021 - Jan 12, 2021	-7.42% Jan 31, 2024 - Feb 29, 2024
#7	N/A	-6.67% Jun 14, 2023 - Oct 2, 2023
#8	N/A	-6.44% May 30, 2025 - Jul 30, 2025
#9	N/A	-6.07% Mar 18, 2022 - Aug 16, 2022
#10	N/A	-5.71% Mar 21, 2025 - May 30, 2025
#11	N/A	-4.23% Feb 29, 2024 - Mar 19, 2024
#12	N/A	-3.97% Aug 16, 2022 - Sep 8, 2022
#13	N/A	-3.84% Feb 3, 2025 - Mar 19, 2025
#14	N/A	-3.84% Sep 16, 2024 - Dec 30, 2024
#15	N/A	-3.71% Aug 17, 2021 - Dec 14, 2021

Correlation

Correlation between BKKT and TFSA is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

-101