BTCN.AS's Sortino Ratio of -0.83 indicates that for each unit of downside volatility, it generates -0.83 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
BTCN.AS Sortino Ratio Rank
BTCN.AS ranks above 3.7% of all investments in our database based on Sortino Ratio over the past 12 months, indicating weak returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Weak downside-adjusted returns relative to category peers
- Evaluate whether this holding aligns with your risk-return objectives
- Consider reducing exposure or implementing downside hedges
- Review higher-ranked alternatives in the same category
BTCN.AS Sortino Ratio Market Positioning
The chart shows BTCN.AS's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.26 or lower
- Yellow zone (middle 50%): 1.26 to 3.12
- Green zone (top 25%): 3.12 or higher
- Top 1%: 12.71+
- Median: 2.25 — half of all investments score higher
How it compares to other similar ETFs
The table compares BTCN.AS's Sortino Ratio with other similar investments across multiple time periods.
Data shows available time periods plus all-time averages, as of Jun 5, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| SEMI.AS | iShares MSCI Global Semiconductors UCITS ETF USD Acc | 5.97 | |||
| AINF.AS | iShares AI Infrastructure UCITS ETF USD (Acc) | 5.45 | |||
| VAPX.AS | Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF | 4.53 | |||
| INRA.AS | iShares Global Clean Energy Transition UCITS ETF USD Accumulating | 4.06 | |||
| TDIV.AS | VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.99 | |||
| DIA.AS | SPDR Dow Jones Industrial Average ETF Trust | 3.96 | |||
| ESPX.AS | iShares S&P 500 Scored and Screened UCITS ETF USD Acc | 3.96 | |||
| VHYL.AS | Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing | 3.81 | |||
| WQDA.AS | iShares MSCI World Quality Dividend Advanced UCITS ETF USD Acc | 3.75 | |||
| WINC.AS | iShares World Equity High Income UCITS ETF USD Inc | 3.49 | |||
| BTCN.AS | iShares Bitcoin ETP | -0.83 |
Historical Sortino Ratio
The chart shows BTCN.AS's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when BTCN.AS consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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