^SP100 vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about S&P 100 Index (^SP100) and Bitcoin (BTC-USD).

Performance

^SP100 vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 100 Index (^SP100) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

^SP100 vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SP100 S&P 100 Index	-6.49%	18.76%	29.25%	30.83%	-22.12%	27.55%	19.30%	29.47%	-5.86%	19.34%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Returns By Period

In the year-to-date period, ^SP100 achieves a -6.49% return, which is significantly higher than BTC-USD's -21.63% return. Over the past 10 years, ^SP100 has underperformed BTC-USD with an annualized return of 13.32%, while BTC-USD has yielded a comparatively higher 66.45% annualized return.

^SP100

• 1D: 0.73%
• 1M: -4.22%
• YTD: -6.49%
• 6M: -4.06%
• 1Y: 17.96%
• 3Y*: 19.64%
• 5Y*: 11.98%
• 10Y*: 13.32%

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^SP100 vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^SP100

^SP100 Risk / Return Rank: 66
^SP100 Sharpe Ratio Rank: 63
^SP100 Sortino Ratio Rank: 65
^SP100 Omega Ratio Rank: 69
^SP100 Calmar Ratio Rank: 65
^SP100 Martin Ratio Rank: 69

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^SP100 vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 100 Index (^SP100) and Bitcoin (BTC-USD). 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.

	^SP100	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	0.93	-0.44	+1.37
Sortino ratio Return per unit of downside risk	1.46	-0.38	+1.83
Omega ratio Gain probability vs. loss probability	1.22	0.96	+0.26
Calmar ratio Return relative to maximum drawdown	1.53	-1.11	+2.63
Martin ratio Return relative to average drawdown	5.98	-1.99	+7.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SP100 vs. BTC-USD - Sharpe Ratio Comparison

The current ^SP100 Sharpe Ratio is 0.93, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of ^SP100 and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^SP100	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	-0.44	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.05	+0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.97	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	1.19	-0.66

Correlation

The correlation between ^SP100 and BTC-USD is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

^SP100 vs. BTC-USD - Drawdown Comparison

The maximum ^SP100 drawdown since its inception was -61.31%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for ^SP100 and BTC-USD.

Drawdown Indicators

	^SP100	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-61.31%	-85.30%	+23.99%
Max Drawdown (1Y) Largest decline over 1 year	-12.08%	-49.65%	+37.57%
Max Drawdown (5Y) Largest decline over 5 years	-27.23%	-76.67%	+49.44%
Max Drawdown (10Y) Largest decline over 10 years	-31.53%	-83.80%	+52.27%
Current Drawdown Current decline from peak	-7.80%	-45.02%	+37.22%
Average Drawdown Average peak-to-trough decline	-12.71%	-41.99%	+29.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	27.60%	-24.51%

Volatility

^SP100 vs. BTC-USD - Volatility Comparison

The current volatility for S&P 100 Index (^SP100) is 5.63%, while Bitcoin (BTC-USD) has a volatility of 13.58%. This indicates that ^SP100 experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SP100	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	13.58%	-7.95%
Volatility (6M) Calculated over the trailing 6-month period	10.07%	35.98%	-25.91%
Volatility (1Y) Calculated over the trailing 1-year period	19.34%	36.76%	-17.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.74%	46.90%	-29.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.44%	56.70%	-38.26%