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 -5.75%/yr vs 12.64%/yr for BTC-USD. At a 0.37 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 -29.17% return, which is significantly lower than BTC-USD's -26.25% return.
1QZ.DE
- 1D
- -0.99%
- 1M
- -14.44%
- YTD
- -29.17%
- 6M
- -38.73%
- 1Y
- -37.83%
- 3Y*
- 36.59%
- 5Y*
- -5.75%
- 10Y*
- —
BTC-USD
- 1D
- 0.00%
- 1M
- -20.75%
- YTD
- -26.25%
- 6M
- -28.42%
- 1Y
- -38.10%
- 3Y*
- 29.19%
- 5Y*
- 12.64%
- 10Y*
- 59.66%
1QZ.DE vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
1QZ.DE Coinbase Global Inc | -29.17% | -20.08% | 47.81% | 425.54% | -85.64% | -19.57% |
BTC-USD Bitcoin | -28.60% | -17.40% | 136.59% | 145.80% | -61.85% | -23.07% |
Correlation
The correlation between 1QZ.DE and BTC-USD is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2021 | 0.37 |
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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.
| 1QZ.DE | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.87 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | -0.76 | +0.22 |
| Martin ratioReturn relative to average drawdown | -0.89 | -1.35 | +0.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 1QZ.DE | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.55 | -0.90 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.23 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | 1.14 | -1.28 |
Drawdowns
1QZ.DE vs. BTC-USD - Drawdown Comparison
The maximum 1QZ.DE drawdown since its inception was -90.24%, 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 | -90.24% | -83.05% | -7.19% |
Max Drawdown (1Y)Largest decline over 1 year | -68.09% | -49.93% | -18.16% |
Max Drawdown (3Y)Largest decline over 3 years | -68.09% | -49.93% | -18.16% |
Max Drawdown (5Y)Largest decline over 5 years | -90.24% | -73.60% | -16.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.51% | — |
Current DrawdownCurrent decline from peak | -62.01% | -48.40% | -13.61% |
Average DrawdownAverage peak-to-trough decline | -48.57% | -39.96% | -8.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.35% | 33.81% | +7.54% |
Volatility
1QZ.DE vs. BTC-USD - Volatility Comparison
Coinbase Global Inc (1QZ.DE) has a higher volatility of 18.66% compared to Bitcoin (BTC-USD) at 10.12%. 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 | 18.66% | 10.12% | +8.54% |
Volatility (6M)Calculated over the trailing 6-month period | 48.57% | 34.33% | +14.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.15% | 35.37% | +31.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.78% | 45.05% | +37.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.47% | 55.99% | +26.48% |
Frequently Asked Questions
1QZ.DE and BTC-USD have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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