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.
Key characteristics
| AIE.L | BTC-USD | |
|---|---|---|
| YTD Return | 19.34% | 45.86% |
| 1Y Return | 27.19% | 126.56% |
| 3Y Return (Ann) | 14.64% | 9.26% |
| 5Y Return (Ann) | 21.73% | 43.36% |
| Sharpe Ratio | 1.54 | 0.90 |
| Daily Std Dev | 17.56% | 43.29% |
| Max Drawdown | -41.42% | -93.07% |
| Current Drawdown | -0.34% | -15.64% |
Correlation
The correlation between AIE.L and BTC-USD is 0.11, 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
In the year-to-date period, AIE.L achieves a 19.34% return, which is significantly lower than BTC-USD's 45.86% 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
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 3.20%, while Bitcoin (BTC-USD) has a volatility of 14.41%. 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.