PAAA vs FBTC
Comparison between PGIM AAA CLO ETF (PAAA, ETF) and Fidelity Wise Origin Bitcoin Fund (FBTC, ETF).
PAAA vs FBTC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PAAA
$10B
FBTC
$10B
Expense Ratio
Winner
PAAA
0.19%
FBTC
0.25%
Max Drawdown
Winner
PAAA
1.81%
FBTC
53.35%
Sharpe Ratio
Winner
PAAA
2.38
FBTC
-1.21
5Y Beta
Winner
PAAA
0.03
FBTC
1.28
PAAA vs FBTC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PAAA
+0.38%
FBTC
-2.10%
3M
Winner
PAAA
+1.23%
FBTC
-14.78%
6M
Winner
PAAA
+2.19%
FBTC
-32.80%
1Y
Winner
PAAA
+5.02%
FBTC
-46.29%
Max(CAGR)
PAAA
+6.49%
Winner
FBTC
+13.30%
PAAA vs FBTC - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | PAAA | FBTC |
|---|---|---|
| 2026 | +2.48% | -28.47% |
| 2025 | +5.35% | -10.40% |
| 2024 | +7.42% | +99.56% |
| 2023 | +3.82% | N/A |
PAAA vs FBTC Drawdown Comparison
The maximum drawdown for PAAA was -1.04%, occurring on Apr 10, 2025. Recovery took 17 trading sessions.
The maximum drawdown for FBTC was -53.35%, occurring on Jun 30, 2026. This drawdown has not yet recovered.
The current FBTC drawdown is -48.89%.
| Rank | PAAA | FBTC |
|---|---|---|
| #1 | -1.04% Apr 1, 2025 - Apr 25, 2025 | -53.35% Oct 6, 2025 - Jun 30, 2026 |
| #2 | -0.27% Feb 7, 2024 - Feb 22, 2024 | -28.21% Dec 17, 2024 - May 20, 2025 |
| #3 | -0.25% Mar 3, 2025 - Mar 27, 2025 | -27.42% Mar 13, 2024 - Nov 6, 2024 |
| #4 | -0.17% Feb 26, 2026 - Mar 17, 2026 | -16.00% Jan 11, 2024 - Feb 9, 2024 |
| #5 | -0.17% Nov 24, 2023 - Nov 29, 2023 | -12.01% Aug 13, 2025 - Oct 6, 2025 |
| #6 | -0.16% Mar 27, 2025 - Apr 1, 2025 | -8.59% Mar 4, 2024 - Mar 8, 2024 |
| #7 | -0.12% Oct 14, 2025 - Oct 20, 2025 | -8.39% Nov 22, 2024 - Dec 6, 2024 |
| #8 | -0.09% Mar 5, 2024 - Mar 13, 2024 | -8.35% May 22, 2025 - Jul 9, 2025 |
| #9 | -0.08% Aug 9, 2024 - Aug 14, 2024 | -5.79% Jul 14, 2025 - Aug 13, 2025 |
| #10 | -0.08% Feb 20, 2025 - Feb 26, 2025 | -5.51% Dec 6, 2024 - Dec 13, 2024 |
| #11 | -0.06% May 2, 2025 - May 8, 2025 | -2.65% Nov 13, 2024 - Nov 15, 2024 |
| #12 | -0.06% May 8, 2025 - May 12, 2025 | -1.98% Feb 20, 2024 - Feb 22, 2024 |
| #13 | -0.06% Nov 12, 2024 - Nov 15, 2024 | -1.78% Feb 22, 2024 - Feb 26, 2024 |
| #14 | -0.06% Nov 15, 2024 - Nov 21, 2024 | -1.66% Feb 12, 2024 - Feb 14, 2024 |
| #15 | -0.05% Jan 23, 2024 - Jan 29, 2024 | -0.94% Mar 11, 2024 - Mar 13, 2024 |
Correlation
Correlation between PAAA and FBTC is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.35
-101
Select Stocks to Compare
Popular: PAAA vs SPYFBTC vs SPY
More Comparisons
Compare with similar stocks