ASR3.DE vs. BTC-USD
ASR3.DE (BNP Paribas Easy EUR Corporate Bond SRI PAB 1-3Y UCITS ETF) is European Corporate Bonds fund tracking the Bloomberg MSCI 1-3Y Euro Corporate SRI Sustainable Select Ex Fossil Fuel PAB, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, ASR3.DE returned 1.37%/yr vs 15.19%/yr for BTC-USD. At a 0.04 correlation, their price movements are largely independent.
Performance
ASR3.DE vs. BTC-USD - Performance Comparison
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Different Trading Currencies
ASR3.DE is traded in EUR, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ASR3.DE achieves a 0.73% return, which is significantly higher than BTC-USD's -27.93% return.
ASR3.DE
- 1D
- 0.00%
- 1M
- 0.42%
- YTD
- 0.73%
- 6M
- 0.94%
- 1Y
- 1.88%
- 3Y*
- 4.00%
- 5Y*
- 1.37%
- 10Y*
- —
BTC-USD
- 1D
- 0.00%
- 1M
- -17.66%
- YTD
- -27.93%
- 6M
- -27.44%
- 1Y
- -41.74%
- 3Y*
- 24.59%
- 5Y*
- 15.19%
- 10Y*
- 56.82%
ASR3.DE vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ASR3.DE BNP Paribas Easy EUR Corporate Bond SRI PAB 1-3Y UCITS ETF | 0.73% | 2.92% | 4.48% | 4.74% | -5.39% | -0.20% | 0.40% | 0.10% |
BTC-USD Bitcoin | -29.63% | -17.40% | 136.59% | 145.80% | -61.85% | 71.33% | 271.22% | -14.91% |
Correlation
The correlation between ASR3.DE and BTC-USD is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2019 | 0.04 |
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Return for Risk
ASR3.DE vs. BTC-USD — Risk / Return Rank
ASR3.DE
BTC-USD
ASR3.DE vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy EUR Corporate Bond SRI PAB 1-3Y UCITS ETF (ASR3.DE) 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.
| ASR3.DE | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.77 | ||
| Sortino ratioReturn per unit of downside risk | +2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.85 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | -0.83 | +1.80 |
| Martin ratioReturn relative to average drawdown | 2.67 | -1.37 | +4.04 |
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Drawdowns
ASR3.DE vs. BTC-USD - Drawdown Comparison
The maximum ASR3.DE drawdown since its inception was -6.87%, smaller than the maximum BTC-USD drawdown of -83.05%. Use the drawdown chart below to compare losses from any high point for ASR3.DE and BTC-USD.
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Drawdown Indicators
| ASR3.DE | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.87% | -83.05% | +76.18% |
Max Drawdown (1Y)Largest decline over 1 year | -1.93% | -50.24% | +48.31% |
Max Drawdown (3Y)Largest decline over 3 years | -1.93% | -50.24% | +48.31% |
Max Drawdown (5Y)Largest decline over 5 years | -6.87% | -73.60% | +66.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.51% | — |
Current DrawdownCurrent decline from peak | -0.39% | -49.58% | +49.19% |
Average DrawdownAverage peak-to-trough decline | -1.54% | -40.09% | +38.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 31.74% | -31.04% |
Volatility
ASR3.DE vs. BTC-USD - Volatility Comparison
The current volatility for BNP Paribas Easy EUR Corporate Bond SRI PAB 1-3Y UCITS ETF (ASR3.DE) is 0.51%, while Bitcoin (BTC-USD) has a volatility of 11.63%. This indicates that ASR3.DE 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
| ASR3.DE | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.51% | 11.63% | -11.12% |
Volatility (6M)Calculated over the trailing 6-month period | 2.17% | 34.69% | -32.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.38% | 35.26% | -32.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.29% | 44.21% | -41.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.40% | 55.51% | -53.11% |
Frequently Asked Questions
ASR3.DE and BTC-USD have a correlation of -0.03, 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 ASR3.DE and BTC-USD
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