AMZN vs. BTCO
AMZN (Amazon.com, Inc) is a stock, while BTCO (Invesco Galaxy Bitcoin ETF) is Cryptocurrency fund tracking the Lukka Prime Reference Bitcoin Rate. Over the past year, AMZN returned 14.82% vs -39.40% for BTCO. At a 0.30 correlation, their price movements are largely independent.
Performance
AMZN vs. BTCO - Performance Comparison
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Returns By Period
In the year-to-date period, AMZN achieves a 6.24% return, which is significantly higher than BTCO's -27.65% return.
AMZN
- 1D
- -0.33%
- 1M
- -10.07%
- YTD
- 6.24%
- 6M
- 8.08%
- 1Y
- 14.82%
- 3Y*
- 25.71%
- 5Y*
- 8.37%
- 10Y*
- 21.19%
BTCO
- 1D
- 5.10%
- 1M
- -20.91%
- YTD
- -27.65%
- 6M
- -30.32%
- 1Y
- -39.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMZN vs. BTCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMZN Amazon.com, Inc | 6.24% | 5.21% | 41.38% |
BTCO Invesco Galaxy Bitcoin ETF | -27.65% | -6.58% | 100.54% |
Correlation
The correlation between AMZN and BTCO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.30 |
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Return for Risk
AMZN vs. BTCO — Risk / Return Rank
AMZN
BTCO
AMZN vs. BTCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) and Invesco Galaxy Bitcoin ETF (BTCO). 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.
| AMZN | BTCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.86 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | -0.76 | +1.44 |
| Martin ratioReturn relative to average drawdown | 1.64 | -1.36 | +3.00 |
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
| AMZN | BTCO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | -0.90 | +1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.27 | +0.29 |
Drawdowns
AMZN vs. BTCO - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than BTCO's maximum drawdown of -52.05%. Use the drawdown chart below to compare losses from any high point for AMZN and BTCO.
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Drawdown Indicators
| AMZN | BTCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -52.05% | -42.35% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -52.05% | +30.31% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | — | — |
Current DrawdownCurrent decline from peak | -10.83% | -49.60% | +38.77% |
Average DrawdownAverage peak-to-trough decline | -28.12% | -16.12% | -12.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.08% | 28.93% | -19.85% |
Volatility
AMZN vs. BTCO - Volatility Comparison
The current volatility for Amazon.com, Inc (AMZN) is 7.80%, while Invesco Galaxy Bitcoin ETF (BTCO) has a volatility of 11.78%. This indicates that AMZN experiences smaller price fluctuations and is considered to be less risky than BTCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZN | BTCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 11.78% | -3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 20.58% | 34.52% | -13.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 44.10% | -13.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 49.90% | -14.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 49.90% | -17.42% |
Dividends
AMZN vs. BTCO - Dividend Comparison
Neither AMZN nor BTCO has paid dividends to shareholders.
Frequently Asked Questions
AMZN and BTCO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTCO has higher volatility (11.78%) compared to AMZN (7.80%). In terms of maximum drawdown, AMZN dropped -94.40% vs BTCO's -52.05%.
AMZN currently has the higher Sharpe Ratio (0.49 vs -0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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