AIE.L vs. BTC-USD
Compare and contrast key facts about Ashoka India Equity Investment Trust plc (AIE.L) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIE.L or BTC-USD.
Correlation
The correlation between AIE.L and BTC-USD is 0.12, 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
AIE.L vs. BTC-USD - Performance Comparison
Key characteristics
AIE.L:
1.22
BTC-USD:
1.74
AIE.L:
1.70
BTC-USD:
2.47
AIE.L:
1.24
BTC-USD:
1.24
AIE.L:
2.44
BTC-USD:
1.59
AIE.L:
7.04
BTC-USD:
8.14
AIE.L:
3.19%
BTC-USD:
10.81%
AIE.L:
18.45%
BTC-USD:
44.45%
AIE.L:
-41.42%
BTC-USD:
-93.07%
AIE.L:
-0.33%
BTC-USD:
-7.03%
Returns By Period
In the year-to-date period, AIE.L achieves a 23.46% return, which is significantly lower than BTC-USD's 133.47% return.
AIE.L
23.46%
2.04%
7.91%
23.97%
22.63%
N/A
BTC-USD
133.47%
0.68%
59.66%
126.25%
68.62%
77.61%
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Risk-Adjusted Performance
AIE.L vs. BTC-USD - Risk-Adjusted Performance 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.
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 -93.07%. Use the drawdown chart below to compare losses from any high point for AIE.L and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
AIE.L vs. BTC-USD - Volatility Comparison
The current volatility for Ashoka India Equity Investment Trust plc (AIE.L) is 4.72%, while Bitcoin (BTC-USD) has a volatility of 14.16%. 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.