ABDN.L vs. BTC-USD
ABDN.L (Abrdn plc) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, ABDN.L returned 4.37%/yr vs 60.90%/yr for BTC-USD. At a 0.04 correlation, their price movements are largely independent.
Performance
ABDN.L vs. BTC-USD - Performance Comparison
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Different Trading Currencies
ABDN.L is traded in GBp, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ABDN.L achieves a 21.50% return, which is significantly higher than BTC-USD's -27.31% return. Over the past 10 years, ABDN.L has underperformed BTC-USD with an annualized return of 4.37%, while BTC-USD has yielded a comparatively higher 60.90% annualized return.
ABDN.L
- 1D
- 0.75%
- 1M
- 15.92%
- YTD
- 21.50%
- 6M
- 25.03%
- 1Y
- 48.34%
- 3Y*
- 14.10%
- 5Y*
- 5.30%
- 10Y*
- 4.37%
BTC-USD
- 1D
- -1.08%
- 1M
- -20.99%
- YTD
- -27.31%
- 6M
- -31.69%
- 1Y
- -38.94%
- 3Y*
- 31.62%
- 5Y*
- 12.64%
- 10Y*
- 60.90%
ABDN.L vs. BTC-USD - Yearly Performance Comparison
Correlation
The correlation between ABDN.L and BTC-USD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2012 | 0.04 |
The correlation between ABDN.L and BTC-USD shifts across timeframes, from 0.04 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ABDN.L vs. BTC-USD — Risk / Return Rank
ABDN.L
BTC-USD
ABDN.L vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn plc (ABDN.L) 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.
| ABDN.L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.61 | ||
| Sortino ratioReturn per unit of downside risk | +3.52 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.86 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | -0.78 | +4.04 |
| Martin ratioReturn relative to average drawdown | 9.59 | -1.39 | +10.97 |
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
| ABDN.L | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | -0.93 | +2.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.23 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.90 | -0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 1.14 | -0.97 |
Drawdowns
ABDN.L vs. BTC-USD - Drawdown Comparison
The maximum ABDN.L drawdown since its inception was -59.88%, smaller than the maximum BTC-USD drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for ABDN.L and BTC-USD.
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Drawdown Indicators
| ABDN.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.88% | -84.19% | +24.31% |
Max Drawdown (1Y)Largest decline over 1 year | -14.76% | -49.84% | +35.08% |
Max Drawdown (3Y)Largest decline over 3 years | -37.10% | -49.84% | +12.74% |
Max Drawdown (5Y)Largest decline over 5 years | -50.49% | -73.24% | +22.75% |
Max Drawdown (10Y)Largest decline over 10 years | -56.34% | -82.15% | +25.81% |
Current DrawdownCurrent decline from peak | -2.90% | -48.98% | +46.08% |
Average DrawdownAverage peak-to-trough decline | -22.99% | -40.26% | +17.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.03% | 33.59% | -28.56% |
Volatility
ABDN.L vs. BTC-USD - Volatility Comparison
The current volatility for Abrdn plc (ABDN.L) is 8.25%, while Bitcoin (BTC-USD) has a volatility of 10.38%. This indicates that ABDN.L experiences smaller price fluctuations and is considered to be less risky 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
| ABDN.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.25% | 10.38% | -2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 23.92% | 33.67% | -9.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.88% | 34.71% | -5.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.43% | 44.81% | -12.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.09% | 56.04% | -21.95% |
Frequently Asked Questions
ABDN.L and BTC-USD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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