1QZ.DE vs. BTCE.DE
Compare and contrast key facts about Coinbase Global Inc (1QZ.DE) and ETC Group Physical Bitcoin (BTCE.DE).
BTCE.DE is an actively managed fund by ETC Issuance. It was launched on Jun 8, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1QZ.DE or BTCE.DE.
Key characteristics
| 1QZ.DE | BTCE.DE | |
|---|---|---|
| YTD Return | 12.70% | 54.83% |
| 1Y Return | 248.39% | 139.88% |
| Sharpe Ratio | 3.15 | 3.05 |
| Daily Std Dev | 78.28% | 45.23% |
| Max Drawdown | -67.90% | -74.62% |
| Current Drawdown | -25.96% | -9.19% |
Correlation
The correlation between 1QZ.DE and BTCE.DE is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
1QZ.DE vs. BTCE.DE - Performance Comparison
In the year-to-date period, 1QZ.DE achieves a 12.70% return, which is significantly lower than BTCE.DE's 54.83% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
1QZ.DE vs. BTCE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coinbase Global Inc (1QZ.DE) and ETC Group Physical Bitcoin (BTCE.DE). 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.
Dividends
1QZ.DE vs. BTCE.DE - Dividend Comparison
Neither 1QZ.DE nor BTCE.DE has paid dividends to shareholders.
Drawdowns
1QZ.DE vs. BTCE.DE - Drawdown Comparison
The maximum 1QZ.DE drawdown since its inception was -67.90%, smaller than the maximum BTCE.DE drawdown of -74.62%. Use the drawdown chart below to compare losses from any high point for 1QZ.DE and BTCE.DE. For additional features, visit the drawdowns tool.
Volatility
1QZ.DE vs. BTCE.DE - Volatility Comparison
Coinbase Global Inc (1QZ.DE) has a higher volatility of 18.29% compared to ETC Group Physical Bitcoin (BTCE.DE) at 11.79%. This indicates that 1QZ.DE's price experiences larger fluctuations and is considered to be riskier than BTCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.