AU vs. BTC-USD

Last updated Apr 2, 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	23.43%	288.18%	25.43%	-2.68%	-5.09%	-4.87%	1.90%	78.89%	23.96%	-2.23%
BTC-USD Bitcoin	-21.63%	-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 23.43% return, which is significantly higher than BTC-USD's -21.63% return. Over the past 10 years, AU has underperformed BTC-USD with an annualized return of 24.47%, while BTC-USD has yielded a comparatively higher 66.45% annualized return.

AU

• 1D: 6.33%
• 1M: -17.93%
• YTD: 23.43%
• 6M: 48.39%
• 1Y: 188.77%
• 3Y*: 66.95%
• 5Y*: 38.45%
• 10Y*: 24.47%

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

*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: 94
AU Sharpe Ratio Rank: 97
AU Sortino Ratio Rank: 92
AU Omega Ratio Rank: 91
AU Calmar Ratio Rank: 94
AU Martin Ratio Rank: 96

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

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	3.21	-0.44	+3.65
Sortino ratio Return per unit of downside risk	3.10	-0.38	+3.48
Omega ratio Gain probability vs. loss probability	1.42	0.96	+0.46
Calmar ratio Return relative to maximum drawdown	5.24	-1.11	+6.34
Martin ratio Return relative to average drawdown	19.66	-1.99	+21.65
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 3.21, which is higher than the BTC-USD Sharpe Ratio of -0.44. 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	3.21	-0.44	+3.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.05	+0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.97	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	1.19	-1.03

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	-17.93%	-45.02%	+27.09%
Average Drawdown Average peak-to-trough decline	-46.24%	-41.99%	-4.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.74%	27.60%	-17.86%

Volatility

AU vs. BTC-USD - Volatility Comparison

AngloGold Ashanti Limited (AU) has a higher volatility of 20.90% compared to Bitcoin (BTC-USD) at 13.58%. 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	20.90%	13.58%	+7.32%
Volatility (6M) Calculated over the trailing 6-month period	45.84%	35.98%	+9.86%
Volatility (1Y) Calculated over the trailing 1-year period	59.18%	36.76%	+22.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.13%	46.90%	+1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.93%	56.70%	-6.77%