1QZ.DE vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Coinbase Global Inc (1QZ.DE) and Bitcoin (BTC-USD).

Performance

1QZ.DE vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Coinbase Global Inc (1QZ.DE) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

1QZ.DE vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
1QZ.DE Coinbase Global Inc	-24.45%	-20.08%	47.81%	425.54%	-85.64%	-19.57%
BTC-USD Bitcoin	-20.96%	-17.40%	136.59%	145.80%	-61.85%	-23.07%

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 -24.45% return, which is significantly lower than BTC-USD's -20.96% return.

1QZ.DE

• 1D: 4.34%
• 1M: -3.52%
• YTD: -24.45%
• 6M: -49.08%
• 1Y: -6.08%
• 3Y*: 33.75%
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: 0.00%
• 1M: 0.05%
• YTD: -20.96%
• 6M: -42.79%
• 1Y: -22.71%
• 3Y*: 32.15%
• 5Y*: 3.26%
• 10Y*: 66.10%

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

Return for Risk

1QZ.DE vs. BTC-USD — Risk / Return Rank

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

1QZ.DE

1QZ.DE Risk / Return Rank: 36
1QZ.DE Sharpe Ratio Rank: 36
1QZ.DE Sortino Ratio Rank: 38
1QZ.DE Omega Ratio Rank: 37
1QZ.DE Calmar Ratio Rank: 36
1QZ.DE Martin Ratio Rank: 36

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

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.

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 ratio Return per unit of total volatility	-0.09	-0.51	+0.42
Sortino ratio Return per unit of downside risk	0.38	-0.49	+0.86
Omega ratio Gain probability vs. loss probability	1.04	0.94	+0.10
Calmar ratio Return relative to maximum drawdown	-0.14	-1.08	+0.94
Martin ratio Return relative to average drawdown	-0.28	-1.96	+1.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1QZ.DE vs. BTC-USD - Sharpe Ratio Comparison

The current 1QZ.DE Sharpe Ratio is -0.09, which is higher than the BTC-USD Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of 1QZ.DE 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

	1QZ.DE	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	-0.51	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.06	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	1.19	-1.33

Correlation

The correlation between 1QZ.DE and BTC-USD is 0.37, 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

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.

Drawdown Indicators

	1QZ.DE	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-90.24%	-85.30%	-4.94%
Max Drawdown (1Y) Largest decline over 1 year	-68.09%	-49.65%	-18.44%
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-59.48%	-46.47%	-13.01%
Average Drawdown Average peak-to-trough decline	-48.30%	-42.00%	-6.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.20%	27.75%	+6.45%

Volatility

1QZ.DE vs. BTC-USD - Volatility Comparison

Coinbase Global Inc (1QZ.DE) has a higher volatility of 21.18% compared to Bitcoin (BTC-USD) at 13.23%. 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.

Volatility by Period

	1QZ.DE	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.18%	13.23%	+7.95%
Volatility (6M) Calculated over the trailing 6-month period	50.17%	35.96%	+14.21%
Volatility (1Y) Calculated over the trailing 1-year period	68.18%	37.05%	+31.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.00%	46.68%	+36.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.00%	56.03%	+26.97%