BITEX vs. BTC-USD
Compare and contrast key facts about Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX) and Bitcoin (BTC-USD).
BITEX is managed by Brown Advisory Funds. It was launched on Dec 1, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITEX or BTC-USD.
Correlation
The correlation between BITEX and BTC-USD is 0.04, 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
BITEX vs. BTC-USD - Performance Comparison
Key characteristics
BITEX:
1.24
BTC-USD:
1.20
BITEX:
1.76
BTC-USD:
1.91
BITEX:
1.27
BTC-USD:
1.19
BITEX:
0.53
BTC-USD:
0.93
BITEX:
4.15
BTC-USD:
6.70
BITEX:
0.88%
BTC-USD:
8.82%
BITEX:
2.97%
BTC-USD:
43.77%
BITEX:
-13.23%
BTC-USD:
-93.07%
BITEX:
-2.71%
BTC-USD:
-9.77%
Returns By Period
In the year-to-date period, BITEX achieves a 0.51% return, which is significantly lower than BTC-USD's 2.51% return.
BITEX
0.51%
0.84%
1.15%
3.55%
0.00%
N/A
BTC-USD
2.51%
-8.27%
60.98%
83.75%
58.30%
81.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BITEX vs. BTC-USD — Risk-Adjusted Performance Rank
BITEX
BTC-USD
BITEX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX) 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
BITEX vs. BTC-USD - Drawdown Comparison
The maximum BITEX drawdown since its inception was -13.23%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BITEX and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BITEX vs. BTC-USD - Volatility Comparison
The current volatility for Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX) is 0.86%, while Bitcoin (BTC-USD) has a volatility of 10.21%. This indicates that BITEX 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.