AMZN vs. BTC-USD
Compare and contrast key facts about Amazon.com, Inc. (AMZN) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZN or BTC-USD.
Key characteristics
AMZN | BTC-USD | |
---|---|---|
YTD Return | 18.72% | 67.38% |
1Y Return | 79.93% | 149.55% |
3Y Return (Ann) | 5.47% | 4.80% |
5Y Return (Ann) | 15.19% | 48.09% |
10Y Return (Ann) | 26.82% | 41.64% |
Sharpe Ratio | 2.86 | 3.44 |
Daily Std Dev | 29.90% | 37.76% |
Max Drawdown | -94.40% | -93.07% |
Current Drawdown | -3.32% | -3.20% |
Correlation
The correlation between AMZN and BTC-USD is 0.07, 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
AMZN vs. BTC-USD - Performance Comparison
In the year-to-date period, AMZN achieves a 18.72% return, which is significantly lower than BTC-USD's 67.38% return. Over the past 10 years, AMZN has underperformed BTC-USD with an annualized return of 26.82%, while BTC-USD has yielded a comparatively higher 41.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
AMZN vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc. (AMZN) 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Amazon.com, Inc. | 1.59 | ||||
Bitcoin | 3.44 |
Drawdowns
AMZN vs. BTC-USD - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, roughly equal to the maximum BTC-USD drawdown of -93.07%. The drawdown chart below compares losses from any high point along the way for AMZN and BTC-USD
Volatility
AMZN vs. BTC-USD - Volatility Comparison
The current volatility for Amazon.com, Inc. (AMZN) is 4.62%, while Bitcoin (BTC-USD) has a volatility of 18.51%. This indicates that AMZN 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.