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WisdomTree Physical Bitcoin (WBTC.PA) Sharpe Ratio: -0.53

ETF · Currency in EUR · Last updated Jul 21, 2026

WisdomTree Physical Bitcoin is an exchange-traded product that provides investors with exposure to the price of Bitcoin by holding actual Bitcoin, aiming to offer a secure and efficient way to invest in the cryptocurrency market.

WBTC.PA's Sharpe Ratio of -0.53 indicates that for each unit of volatility, it generates -0.53 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 21, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

WBTC.PA Sharpe Ratio Rank

WBTC.PA Sharpe Ratio Rank: 5.25
Concerning

WBTC.PA ranks above 5.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

WBTC.PA Sharpe Ratio Market Positioning

The chart shows WBTC.PA's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.66 or lower
  • Yellow zone (middle 50%): 0.66 to 1.82
  • Green zone (top 25%): 1.82 or higher
  • Top 1%: 6.33+
  • Median: 1.32 — half of all investments score higher

How it compares to other similar ETFs

The table compares WBTC.PA's Sharpe Ratio with other similar investments across multiple time periods.

Data shows available time periods plus all-time averages, as of Jul 21, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CSH.PAAmundi EUR Overnight Return UCITS ETF Acc2.84
S500.PAAmundi S&P 500 ESG UCITS ETF Acc EUR2.15
PE500.PAAmundi ETF PEA S&P 500 UCITS ETF EUR2.09
WPEA.PAiShares MSCI World Swap PEA UCITS ETF2.02
DCAM.PAAmundi PEA Monde (MSCI World) UCITS ETF Acc1.98
EWLD.PAAmundi MSCI World Swap UCITS ETF EUR Distributing1.96
PSP5.PAAmundi PEA S&P 500 UCITS ETF Acc1.95
ESE.PABNP Paribas Easy S&P 500 UCITS ETF1.93
SP5.PAAmundi S&P 500 UCITS ETF - Dist EUR1.90
DBMFE.PAiMGP DBi Managed Futures Fund R EUR UCITS ETF Acc1.88
WBTC.PAWisdomTree Physical Bitcoin-0.53

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows WBTC.PA's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when WBTC.PA consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does WBTC.PA fit in your portfolio?

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