BCHG vs. AMZN
BCHG (Grayscale Bitcoin Cash Trust) and AMZN (Amazon.com, Inc) are both stocks. BCHG operates in Asset Management (Financial Services), while AMZN operates in Internet Retail (Consumer Cyclical). Over the past 5 years, BCHG returned -38.75%/yr vs 9.30%/yr for AMZN. At a 0.24 correlation, their price movements are largely independent.
Performance
BCHG vs. AMZN - Performance Comparison
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Returns By Period
In the year-to-date period, BCHG achieves a -58.88% return, which is significantly lower than AMZN's 8.32% return.
BCHG
- 1D
- -11.79%
- 1M
- -42.88%
- YTD
- -58.88%
- 6M
- -61.63%
- 1Y
- -42.88%
- 3Y*
- 27.85%
- 5Y*
- -38.75%
- 10Y*
- —
AMZN
- 1D
- -2.53%
- 1M
- -8.10%
- YTD
- 8.32%
- 6M
- 7.59%
- 1Y
- 21.54%
- 3Y*
- 26.25%
- 5Y*
- 9.30%
- 10Y*
- 21.29%
BCHG vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BCHG Grayscale Bitcoin Cash Trust | -58.88% | -17.71% | 24.56% | 1,039.19% | -87.55% | -87.96% | 80.81% |
AMZN Amazon.com, Inc | 8.32% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | -1.68% |
Correlation
The correlation between BCHG and AMZN is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020 | 0.24 |
Fundamentals
BCHG:
-$61.34M
AMZN:
$742.78B
BCHG:
-$60.00M
AMZN:
$348.59B
BCHG:
-$60.00M
AMZN:
$152.71B
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Return for Risk
BCHG vs. AMZN — Risk / Return Rank
BCHG
AMZN
BCHG vs. AMZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Bitcoin Cash Trust (BCHG) and Amazon.com, Inc (AMZN). 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.
| BCHG | AMZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.15 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 1.00 | -1.67 |
| Martin ratioReturn relative to average drawdown | -1.77 | 2.39 | -4.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BCHG | AMZN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.62 | 0.72 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.26 | -0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.66 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | 0.57 | -0.79 |
Drawdowns
BCHG vs. AMZN - Drawdown Comparison
The maximum BCHG drawdown since its inception was -99.36%, which is greater than AMZN's maximum drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for BCHG and AMZN.
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Drawdown Indicators
| BCHG | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -94.40% | -4.96% |
Max Drawdown (1Y)Largest decline over 1 year | -64.18% | -21.74% | -42.44% |
Max Drawdown (3Y)Largest decline over 3 years | -91.79% | -30.88% | -60.91% |
Max Drawdown (5Y)Largest decline over 5 years | -98.25% | -56.15% | -42.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.15% | — |
Current DrawdownCurrent decline from peak | -96.84% | -9.08% | -87.76% |
Average DrawdownAverage peak-to-trough decline | -86.50% | -28.12% | -58.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.21% | 9.02% | +15.19% |
Volatility
BCHG vs. AMZN - Volatility Comparison
Grayscale Bitcoin Cash Trust (BCHG) has a higher volatility of 21.32% compared to Amazon.com, Inc (AMZN) at 7.24%. This indicates that BCHG's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BCHG | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.32% | 7.24% | +14.08% |
Volatility (6M)Calculated over the trailing 6-month period | 49.29% | 20.35% | +28.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.91% | 30.00% | +39.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 108.72% | 35.50% | +73.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 132.16% | 32.46% | +99.70% |
Dividends
BCHG vs. AMZN - Dividend Comparison
Neither BCHG nor AMZN has paid dividends to shareholders.
Financials
BCHG vs. AMZN - Financials Comparison
This section allows you to compare key financial metrics between Grayscale Bitcoin Cash Trust and Amazon.com, Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BCHG and AMZN have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BCHG has higher volatility (21.32%) compared to AMZN (7.24%). In terms of maximum drawdown, BCHG dropped -99.36% vs AMZN's -94.40%.
AMZN currently has the higher Sharpe Ratio (0.72 vs -0.62), 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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