BCHS.L vs. BTC-USD
Compare and contrast key facts about Invesco CoinShares Global Blockchain UCITS ETF Acc (BCHS.L) and Bitcoin (BTC-USD).
BCHS.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 8, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCHS.L or BTC-USD.
Correlation
The correlation between BCHS.L and BTC-USD is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BCHS.L vs. BTC-USD - Performance Comparison
Key characteristics
BCHS.L:
0.30
BTC-USD:
1.10
BCHS.L:
0.64
BTC-USD:
2.71
BCHS.L:
1.08
BTC-USD:
1.28
BCHS.L:
0.28
BTC-USD:
1.88
BCHS.L:
0.73
BTC-USD:
9.39
BCHS.L:
14.55%
BTC-USD:
11.23%
BCHS.L:
39.96%
BTC-USD:
42.12%
BCHS.L:
-55.89%
BTC-USD:
-93.07%
BCHS.L:
-22.26%
BTC-USD:
-8.59%
Returns By Period
In the year-to-date period, BCHS.L achieves a -7.38% return, which is significantly lower than BTC-USD's 3.86% return.
BCHS.L
-7.38%
19.30%
-5.11%
11.85%
15.52%
N/A
BTC-USD
3.86%
27.22%
27.83%
58.58%
58.89%
82.12%
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Risk-Adjusted Performance
BCHS.L vs. BTC-USD — Risk-Adjusted Performance Rank
BCHS.L
BTC-USD
BCHS.L vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco CoinShares Global Blockchain UCITS ETF Acc (BCHS.L) 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.
Drawdowns
BCHS.L vs. BTC-USD - Drawdown Comparison
The maximum BCHS.L drawdown since its inception was -55.89%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BCHS.L and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BCHS.L vs. BTC-USD - Volatility Comparison
The current volatility for Invesco CoinShares Global Blockchain UCITS ETF Acc (BCHS.L) is 9.72%, while Bitcoin (BTC-USD) has a volatility of 12.87%. This indicates that BCHS.L 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.