AUD=X vs. BTC-USD
AUD=X (USD/AUD) is a currency, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, AUD=X returned 0.73%/yr vs 58.79%/yr for BTC-USD. At a 0.06 correlation, their price movements are largely independent.
Performance
AUD=X vs. BTC-USD - Performance Comparison
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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 -4.43% return, which is significantly higher than BTC-USD's -30.23% return. Over the past 10 years, AUD=X has underperformed BTC-USD with an annualized return of 0.73%, while BTC-USD has yielded a comparatively higher 58.79% annualized return.
AUD=X
- 1D
- 0.20%
- 1M
- 0.48%
- 6M
- -4.28%
- YTD
- -4.43%
- 1Y
- -7.10%
- 3Y*
- -0.82%
- 5Y*
- 1.17%
- 10Y*
- 0.73%
BTC-USD
- 1D
- 0.35%
- 1M
- -0.42%
- 6M
- -35.98%
- YTD
- -30.23%
- 1Y
- -50.25%
- 3Y*
- 27.79%
- 5Y*
- 16.61%
- 10Y*
- 58.79%
AUD=X vs. BTC-USD - Yearly Performance Comparison
Correlation
The correlation between AUD=X and BTC-USD is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2012 | 0.06 |
The correlation between AUD=X and BTC-USD shifts across timeframes, from -0.19 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AUD=X vs. BTC-USD — Risk / Return Rank
AUD=X
BTC-USD
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.
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.
| AUD=X | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.79 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | -0.91 | +0.41 |
| Martin ratioReturn relative to average drawdown | -0.88 | -1.43 | +0.55 |
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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.
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Drawdown Indicators
| AUD=X | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.40% | -83.70% | +38.30% |
Max Drawdown (1Y)Largest decline over 1 year | -11.57% | -55.15% | +43.58% |
Max Drawdown (3Y)Largest decline over 3 years | -18.03% | -55.15% | +37.12% |
Max Drawdown (5Y)Largest decline over 5 years | -18.03% | -73.77% | +55.74% |
Max Drawdown (10Y)Largest decline over 10 years | -28.03% | -82.07% | +54.04% |
Current DrawdownCurrent decline from peak | -17.87% | -51.49% | +33.62% |
Average DrawdownAverage peak-to-trough decline | -22.26% | -39.58% | +17.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.97% | 33.36% | -26.39% |
Volatility
AUD=X vs. BTC-USD - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 1.49%, while Bitcoin (BTC-USD) has a volatility of 8.94%. 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.
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Volatility by Period
| AUD=X | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 8.94% | -7.45% |
Volatility (6M)Calculated over the trailing 6-month period | 5.97% | 33.39% | -27.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.44% | 33.70% | -26.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.98% | 43.24% | -33.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.54% | 55.03% | -45.49% |
Frequently Asked Questions
AUD=X and BTC-USD have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (8.94%) compared to AUD=X (1.49%). In terms of maximum drawdown, AUD=X dropped -45.40% vs BTC-USD's -83.70%.
AUD=X currently has the higher Sharpe Ratio (-0.78 vs -1.24), 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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