AUD=X vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about USD/AUD (AUD=X) and Bitcoin (BTC-USD).

Performance

AUD=X vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in USD/AUD (AUD=X) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

AUD=X vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AUD=X USD/AUD	-3.06%	-7.26%	10.06%	0.08%	6.61%	5.86%	-8.78%	0.47%	10.72%	-7.62%
BTC-USD Bitcoin	-24.54%	-13.08%	144.27%	153.58%	-61.70%	68.75%	269.04%	95.00%	-71.94%	1,300.44%

Different Trading Currencies

AUD=X is traded in AUD, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AUD=X achieves a -3.06% return, which is significantly higher than BTC-USD's -24.54% return. Over the past 10 years, AUD=X has underperformed BTC-USD with an annualized return of 1.10%, while BTC-USD has yielded a comparatively higher 68.03% annualized return.

AUD=X

• 1D: 0.23%
• 1M: 3.06%
• YTD: -3.06%
• 6M: -3.93%
• 1Y: -8.84%
• 3Y*: -0.97%
• 5Y*: 2.02%
• 10Y*: 1.10%

BTC-USD

• 1D: 0.00%
• 1M: 1.85%
• YTD: -24.54%
• 6M: -45.91%
• 1Y: -24.91%
• 3Y*: 34.14%
• 5Y*: 5.00%
• 10Y*: 68.03%

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

Return for Risk

AUD=X vs. BTC-USD — Risk / Return Rank

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

AUD=X

AUD=X Risk / Return Rank: 17
AUD=X Sharpe Ratio Rank: 18
AUD=X Sortino Ratio Rank: 16
AUD=X Omega Ratio Rank: 17
AUD=X Calmar Ratio Rank: 20
AUD=X Martin Ratio Rank: 14

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.

AUD=X vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) 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.

	AUD=X	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.78	-0.59	-0.19
Sortino ratio Return per unit of downside risk	-1.10	-0.64	-0.46
Omega ratio Gain probability vs. loss probability	0.87	0.93	-0.06
Calmar ratio Return relative to maximum drawdown	-0.54	-1.11	+0.57
Martin ratio Return relative to average drawdown	-1.18	-1.99	+0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AUD=X vs. BTC-USD - Sharpe Ratio Comparison

The current AUD=X Sharpe Ratio is -0.78, which is lower than the BTC-USD Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of AUD=X 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

	AUD=X	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.78	-0.59	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.09	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	1.02	-0.91
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	1.26	-1.18

Correlation

The correlation between AUD=X and BTC-USD is 0.06, 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

AUD=X vs. BTC-USD - Drawdown Comparison

The maximum AUD=X drawdown since its inception was -45.40%, smaller than the maximum BTC-USD drawdown of -83.70%. Use the drawdown chart below to compare losses from any high point for AUD=X and BTC-USD.

Drawdown Indicators

	AUD=X	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-45.40%	-85.30%	+39.90%
Max Drawdown (1Y) Largest decline over 1 year	-16.78%	-49.65%	+32.87%
Max Drawdown (5Y) Largest decline over 5 years	-16.78%	-76.67%	+59.89%
Max Drawdown (10Y) Largest decline over 10 years	-28.03%	-83.80%	+55.77%
Current Drawdown Current decline from peak	-16.70%	-46.47%	+29.77%
Average Drawdown Average peak-to-trough decline	-21.99%	-42.00%	+20.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.69%	27.75%	-23.06%

Volatility

AUD=X vs. BTC-USD - Volatility Comparison

The current volatility for USD/AUD (AUD=X) is 3.35%, while Bitcoin (BTC-USD) has a volatility of 12.66%. This indicates that AUD=X 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.

Volatility by Period

	AUD=X	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	12.66%	-9.31%
Volatility (6M) Calculated over the trailing 6-month period	5.74%	33.90%	-28.16%
Volatility (1Y) Calculated over the trailing 1-year period	9.21%	34.96%	-25.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.05%	45.84%	-35.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.72%	55.61%	-45.89%