TFSA vs BKKT

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

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

TFSA vs BKKT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

TFSA

$124M

BKKT

$124M

Max Drawdown

Winner

TFSA

55.49%

BKKT

99.41%

Sharpe Ratio

TFSA

-0.65

Winner

BKKT

0.53

5Y Beta

TFSA

N/A

BKKT

3.32

Industry

TFSA

N/A

BKKT

Software - Infrastructure

P/E Ratio

TFSA

30.15

Winner

BKKT

-3.70

Dividend Yield

TFSA

5.28%

BKKT

N/A

Debt to Equity

TFSA

N/A

BKKT

0.00%

Free Cash Flow Yield

Winner

TFSA

-0.36%

BKKT

-89.62%

P/S Ratio

TFSA

N/A

BKKT

0.07

P/B Ratio

TFSA

N/A

BKKT

18.64

TFSA vs BKKT - Historical Returns

Returns include dividend reinvestment.

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

TFSA

-36.40%

Winner

BKKT

-0.45%

TFSA

-36.95%

Winner

BKKT

-6.99%

Winner

TFSA

-35.97%

BKKT

-39.20%

TFSA

-33.35%

Winner

BKKT

-33.13%

5Y(CAGR)

Winner

TFSA

-3.20%

BKKT

-48.86%

Max(CAGR)

Winner

TFSA

-2.59%

BKKT

-46.17%

TFSA vs BKKT - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

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

TFSA vs BKKT Drawdown Comparison

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

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

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

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

Correlation

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

-0.41

-101