1QZ.DE vs. BTC-USD
Compare and contrast key facts about Coinbase Global Inc (1QZ.DE) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1QZ.DE or BTC-USD.
Correlation
The correlation between 1QZ.DE and BTC-USD is 0.33, 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.
Performance
1QZ.DE vs. BTC-USD - Performance Comparison
Key characteristics
1QZ.DE:
0.80
BTC-USD:
1.41
1QZ.DE:
1.61
BTC-USD:
2.14
1QZ.DE:
1.19
BTC-USD:
1.21
1QZ.DE:
1.37
BTC-USD:
1.22
1QZ.DE:
2.72
BTC-USD:
6.70
1QZ.DE:
23.23%
BTC-USD:
10.77%
1QZ.DE:
78.66%
BTC-USD:
44.31%
1QZ.DE:
-67.90%
BTC-USD:
-93.07%
1QZ.DE:
-15.03%
BTC-USD:
-7.90%
Returns By Period
In the year-to-date period, 1QZ.DE achieves a 58.66% return, which is significantly lower than BTC-USD's 131.29% return.
1QZ.DE
58.66%
-10.39%
27.78%
77.80%
N/A
N/A
BTC-USD
131.29%
3.62%
52.51%
122.84%
67.06%
76.43%
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Risk-Adjusted Performance
1QZ.DE vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coinbase Global Inc (1QZ.DE) 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.
Drawdowns
1QZ.DE vs. BTC-USD - Drawdown Comparison
The maximum 1QZ.DE drawdown since its inception was -67.90%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for 1QZ.DE and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
1QZ.DE vs. BTC-USD - Volatility Comparison
Coinbase Global Inc (1QZ.DE) has a higher volatility of 15.07% compared to Bitcoin (BTC-USD) at 14.07%. This indicates that 1QZ.DE's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.