PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios

Bitcoin (BTC-USD)

Cryptocurrency · Currency in USD · Last updated Sep 28, 2023

Bitcoin is a digital currency that uses cryptography and is decentralized, meaning it is not controlled by any government or financial institution. Transactions are recorded on a public ledger called the blockchain and can be made using a digital wallet on a personal device. Bitcoin is often used as a means of exchange and has gained popularity as a store of value, but it is considered a volatile and risky investment.

Summary

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of $10,000 in Bitcoin, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
-7.46%
4.02%
BTC-USD (Bitcoin)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with BTC-USD

Bitcoin

Popular comparisons: BTC-USD vs. MSTR, BTC-USD vs. BITO, BTC-USD vs. ETH-USD, BTC-USD vs. AAPL, BTC-USD vs. GBTC, BTC-USD vs. AMZN, BTC-USD vs. MCD, BTC-USD vs. SWPPX, BTC-USD vs. GSP, BTC-USD vs. ONEQ

Return

Bitcoin had a return of 59.26% year-to-date (YTD) and 37.90% in the last 12 months. Over the past 10 years, Bitcoin had an annualized return of 43.75%, outperforming the S&P 500 benchmark which had an annualized return of 6.61%.


PeriodReturnBenchmark
1 month0.94%-3.58%
6 months-7.04%6.12%
Year-To-Date59.26%11.33%
1 year37.90%17.20%
5 years (annualized)20.93%5.43%
10 years (annualized)43.75%6.61%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.03%23.03%2.78%-7.00%11.97%-4.09%-11.29%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and S&P 500 (^GSPC). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BTC-USD
Bitcoin
0.75
^GSPC
S&P 500
0.98

Sharpe Ratio

The current Bitcoin Sharpe ratio is 0.75. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00AprilMayJuneJulyAugustSeptember
0.75
0.80
BTC-USD (Bitcoin)
Benchmark (^GSPC)

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AprilMayJuneJulyAugustSeptember
-61.01%
-10.88%
BTC-USD (Bitcoin)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Bitcoin. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Bitcoin is 93.07%, recorded on Nov 19, 2011. It took 460 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.07%Jun 10, 2011163Nov 19, 2011460Feb 21, 2013623
-84.53%Dec 5, 2013406Jan 14, 2015721Jan 4, 20171127
-83.39%Dec 17, 2017364Dec 15, 2018716Nov 30, 20201080
-76.64%Nov 9, 2021378Nov 21, 2022
-70.28%Apr 11, 20137Apr 17, 2013202Nov 5, 2013209

Volatility Chart

The current Bitcoin volatility is 5.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
5.69%
3.03%
BTC-USD (Bitcoin)
Benchmark (^GSPC)

Portfolios with Bitcoin


Portfolio NameYTD Return10Y ReturnDiv. Yield10Y VolatilityMax. DrawdownExpense RatioSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
Crypto Portfolio22.91%48.65%1.56%36.33%-54.86%0.02%0.500.71.10.84.9%