AIE.L vs. BTC-USD
AIE.L (Ashoka India Equity Investment Trust plc) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, AIE.L returned 9.42%/yr vs 14.59%/yr for BTC-USD. At a 0.03 correlation, their price movements are largely independent.
Performance
AIE.L vs. BTC-USD - Performance Comparison
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Different Trading Currencies
AIE.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, AIE.L achieves a -7.17% return, which is significantly higher than BTC-USD's -27.95% return.
AIE.L
- 1D
- -0.79%
- 1M
- 4.99%
- 6M
- -4.90%
- YTD
- -7.17%
- 1Y
- -11.09%
- 3Y*
- 7.02%
- 5Y*
- 9.42%
- 10Y*
- —
BTC-USD
- 1D
- -1.79%
- 1M
- -1.29%
- 6M
- -30.91%
- YTD
- -27.95%
- 1Y
- -47.05%
- 3Y*
- 26.40%
- 5Y*
- 14.59%
- 10Y*
- 57.24%
AIE.L vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AIE.L Ashoka India Equity Investment Trust plc | -7.17% | -9.33% | 23.46% | 26.56% | -6.34% | 49.64% | 26.27% | 18.90% | -12.18% |
BTC-USD Bitcoin | -27.95% | -12.95% | 125.81% | 140.73% | -59.81% | 60.91% | 292.68% | 86.71% | -41.43% |
Correlation
The correlation between AIE.L and BTC-USD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2018 | 0.03 |
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Return for Risk
AIE.L vs. BTC-USD — Risk / Return Rank
AIE.L
BTC-USD
AIE.L vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashoka India Equity Investment Trust plc (AIE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIE.L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.82 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | -0.90 | +0.45 |
| Martin ratioReturn relative to average drawdown | -0.88 | -1.45 | +0.57 |
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Drawdowns
AIE.L vs. BTC-USD - Drawdown Comparison
The maximum AIE.L drawdown since its inception was -41.42%, smaller than the maximum BTC-USD drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for AIE.L and BTC-USD.
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Drawdown Indicators
| AIE.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.42% | -84.19% | +42.77% |
Max Drawdown (1Y)Largest decline over 1 year | -24.78% | -52.30% | +27.52% |
Max Drawdown (3Y)Largest decline over 3 years | -29.77% | -52.30% | +22.53% |
Max Drawdown (5Y)Largest decline over 5 years | -29.77% | -73.24% | +43.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.15% | — |
Current DrawdownCurrent decline from peak | -18.28% | -49.43% | +31.15% |
Average DrawdownAverage peak-to-trough decline | -8.50% | -40.53% | +32.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.54% | 30.11% | -17.57% |
Volatility
AIE.L vs. BTC-USD - Volatility Comparison
The current volatility for Ashoka India Equity Investment Trust plc (AIE.L) is 6.51%, while Bitcoin (BTC-USD) has a volatility of 8.39%. This indicates that AIE.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
| AIE.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 8.39% | -1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 16.96% | 34.21% | -17.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.31% | 34.50% | -14.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.89% | 43.78% | -21.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.35% | 55.36% | -31.01% |
Frequently Asked Questions
AIE.L and BTC-USD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AIE.L and BTC-USD
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