AU vs. BTC-USD

Last updated Apr 3, 2026

Compare and contrast key facts about AngloGold Ashanti Limited (AU) and Bitcoin (BTC-USD).

Performance

AU vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AngloGold Ashanti Limited (AU) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

AU vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AU AngloGold Ashanti Limited	20.69%	288.18%	25.43%	-2.68%	-5.09%	-4.87%	1.90%	78.89%	23.96%	-2.23%
BTC-USD Bitcoin	-23.70%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Returns By Period

In the year-to-date period, AU achieves a 20.69% return, which is significantly higher than BTC-USD's -23.70% return. Over the past 10 years, AU has underperformed BTC-USD with an annualized return of 24.63%, while BTC-USD has yielded a comparatively higher 66.03% annualized return.

AU

• 1D: -2.22%
• 1M: -10.44%
• YTD: 20.69%
• 6M: 43.51%
• 1Y: 181.45%
• 3Y*: 65.04%
• 5Y*: 37.83%
• 10Y*: 24.63%

BTC-USD

• 1D: -1.99%
• 1M: -2.31%
• YTD: -23.70%
• 6M: -44.66%
• 1Y: -19.07%
• 3Y*: 33.89%
• 5Y*: 3.18%
• 10Y*: 66.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AU vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AU

AU Risk / Return Rank: 93
AU Sharpe Ratio Rank: 96
AU Sortino Ratio Rank: 91
AU Omega Ratio Rank: 90
AU Calmar Ratio Rank: 93
AU Martin Ratio Rank: 96

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AU vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AngloGold Ashanti Limited (AU) 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.

	AU	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	3.08	-0.43	+3.52
Sortino ratio Return per unit of downside risk	3.03	-0.36	+3.40
Omega ratio Gain probability vs. loss probability	1.41	0.96	+0.45
Calmar ratio Return relative to maximum drawdown	4.98	-1.14	+6.12
Martin ratio Return relative to average drawdown	18.56	-2.03	+20.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AU vs. BTC-USD - Sharpe Ratio Comparison

The current AU Sharpe Ratio is 3.08, which is higher than the BTC-USD Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of AU and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AU	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.08	-0.43	+3.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.06	+0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.97	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	1.18	-1.02

Correlation

The correlation between AU 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.

Drawdowns

AU vs. BTC-USD - Drawdown Comparison

The maximum AU drawdown since its inception was -90.12%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for AU and BTC-USD.

Drawdown Indicators

	AU	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-90.12%	-85.30%	-4.82%
Max Drawdown (1Y) Largest decline over 1 year	-36.59%	-49.65%	+13.06%
Max Drawdown (5Y) Largest decline over 5 years	-51.75%	-76.67%	+24.92%
Max Drawdown (10Y) Largest decline over 10 years	-67.91%	-83.80%	+15.89%
Current Drawdown Current decline from peak	-19.76%	-46.47%	+26.71%
Average Drawdown Average peak-to-trough decline	-46.24%	-42.00%	-4.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.82%	27.75%	-17.93%

Volatility

AU vs. BTC-USD - Volatility Comparison

AngloGold Ashanti Limited (AU) has a higher volatility of 20.95% compared to Bitcoin (BTC-USD) at 13.70%. This indicates that AU's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AU	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.95%	13.70%	+7.25%
Volatility (6M) Calculated over the trailing 6-month period	45.89%	35.96%	+9.93%
Volatility (1Y) Calculated over the trailing 1-year period	59.24%	36.69%	+22.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.13%	46.91%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.92%	56.71%	-6.79%