BCH-USD vs. SPY
Compare and contrast key facts about Bitcoin Cash (BCH-USD) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCH-USD or SPY.
Key characteristics
| BCH-USD | SPY | |
|---|---|---|
| YTD Return | 45.58% | 27.04% |
| 1Y Return | 57.42% | 39.75% |
| 3Y Return (Ann) | -19.23% | 10.21% |
| 5Y Return (Ann) | 5.16% | 15.93% |
| Sharpe Ratio | 0.27 | 3.15 |
| Sortino Ratio | 1.39 | 4.19 |
| Omega Ratio | 1.13 | 1.59 |
| Calmar Ratio | 0.10 | 4.60 |
| Martin Ratio | 0.71 | 20.85 |
| Ulcer Index | 41.34% | 1.85% |
| Daily Std Dev | 81.26% | 12.29% |
| Max Drawdown | -98.03% | -55.19% |
| Current Drawdown | -90.38% | 0.00% |
Correlation
The correlation between BCH-USD and SPY is 0.18, 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.
Performance
BCH-USD vs. SPY - Performance Comparison
In the year-to-date period, BCH-USD achieves a 45.58% return, which is significantly higher than SPY's 27.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BCH-USD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin Cash (BCH-USD) and SPDR S&P 500 ETF (SPY). 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.
Drawdowns
BCH-USD vs. SPY - Drawdown Comparison
The maximum BCH-USD drawdown since its inception was -98.03%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BCH-USD and SPY. For additional features, visit the drawdowns tool.
Volatility
BCH-USD vs. SPY - Volatility Comparison
Bitcoin Cash (BCH-USD) has a higher volatility of 22.85% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that BCH-USD's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.