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.
Key characteristics
| 1QZ.DE | BTC-USD | |
|---|---|---|
| YTD Return | 12.70% | 54.34% |
| 1Y Return | 248.39% | 138.08% |
| Sharpe Ratio | 3.15 | 5.30 |
| Daily Std Dev | 78.28% | 39.69% |
| Max Drawdown | -67.90% | -93.07% |
| Current Drawdown | -25.96% | -10.74% |
Correlation
The correlation between 1QZ.DE and BTC-USD is 0.30, 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
In the year-to-date period, 1QZ.DE achieves a 12.70% return, which is significantly lower than BTC-USD's 54.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 18.16% compared to Bitcoin (BTC-USD) at 15.70%. 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.