1QZ.DE vs. BTC-USD
1QZ.DE (Coinbase Global Inc) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, 1QZ.DE returned -6.79%/yr vs 16.07%/yr for BTC-USD. At a 0.38 correlation, their price movements are largely independent.
Performance
1QZ.DE vs. BTC-USD - Performance Comparison
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Different Trading Currencies
1QZ.DE is traded in EUR, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 1QZ.DE achieves a -29.81% return, which is significantly lower than BTC-USD's -22.96% return.
1QZ.DE
- 1D
- 3.21%
- 1M
- -1.66%
- 6M
- -30.13%
- YTD
- -29.81%
- 1Y
- -61.92%
- 3Y*
- 15.19%
- 5Y*
- -6.79%
- 10Y*
- —
- ALL TIME*
- -13.79%
BTC-USD
- 1D
- 1.52%
- 1M
- 3.67%
- 6M
- -27.80%
- YTD
- -22.96%
- 1Y
- -43.13%
- 3Y*
- 28.76%
- 5Y*
- 16.07%
- 10Y*
- 57.88%
- ALL TIME*
- 90.41%
1QZ.DE vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
1QZ.DE Coinbase Global Inc | -29.81% | -20.08% | 47.81% | 425.46% | -85.64% | -26.80% |
BTC-USD Bitcoin | -22.96% | -17.40% | 136.59% | 145.80% | -61.85% | -22.67% |
Correlation
The correlation between 1QZ.DE and BTC-USD is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.38 |
The correlation between 1QZ.DE and BTC-USD shifts across timeframes, from 0.37 (5 years) to 0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
1QZ.DE vs. BTC-USD — Risk / Return Rank
1QZ.DE
BTC-USD
1QZ.DE vs. BTC-USD - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 1QZ.DE | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.84 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.83 | -0.08 |
| Martin ratioReturn relative to average drawdown | -1.32 | -1.31 | -0.01 |
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Drawdowns
1QZ.DE vs. BTC-USD - Drawdown Comparison
The maximum 1QZ.DE drawdown since its inception was -90.23%, which is greater than BTC-USD's maximum drawdown of -83.05%. Use the drawdown chart below to compare losses from any high point for 1QZ.DE and BTC-USD.
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Drawdown Indicators
| 1QZ.DE | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.23% | -83.05% | -7.18% |
Max Drawdown (1Y)Largest decline over 1 year | -68.09% | -51.88% | -16.21% |
Max Drawdown (3Y)Largest decline over 3 years | -68.09% | -51.88% | -16.21% |
Max Drawdown (5Y)Largest decline over 5 years | -90.23% | -73.60% | -16.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.51% | — |
Current DrawdownCurrent decline from peak | -62.35% | -46.10% | -16.25% |
Average DrawdownAverage peak-to-trough decline | -49.32% | -40.28% | -9.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.75% | 28.15% | +15.60% |
Volatility
1QZ.DE vs. BTC-USD - Volatility Comparison
Coinbase Global Inc (1QZ.DE) has a higher volatility of 16.64% compared to Bitcoin (BTC-USD) at 9.00%. 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.
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Volatility by Period
| 1QZ.DE | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.64% | 9.00% | +7.64% |
Volatility (6M)Calculated over the trailing 6-month period | 50.06% | 34.83% | +15.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.71% | 35.37% | +32.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.03% | 44.04% | +38.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.11% | 55.49% | +26.62% |
Frequently Asked Questions
1QZ.DE and BTC-USD have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for 1QZ.DE and BTC-USD
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