BITW vs. BTC-USD
Compare and contrast key facts about Bitwise 10 Crypto Index Fund (BITW) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITW or BTC-USD.
Correlation
The correlation between BITW and BTC-USD is 0.34, 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
BITW vs. BTC-USD - Performance Comparison
Key characteristics
BITW:
1.10
BTC-USD:
2.03
BITW:
1.79
BTC-USD:
2.63
BITW:
1.21
BTC-USD:
1.27
BITW:
0.78
BTC-USD:
1.83
BITW:
3.69
BTC-USD:
9.11
BITW:
17.19%
BTC-USD:
11.34%
BITW:
57.43%
BTC-USD:
42.81%
BITW:
-96.46%
BTC-USD:
-93.07%
BITW:
-59.93%
BTC-USD:
-11.50%
Returns By Period
In the year-to-date period, BITW achieves a -7.71% return, which is significantly lower than BTC-USD's 0.55% return.
BITW
-7.71%
5.50%
54.51%
65.82%
N/A
N/A
BTC-USD
0.55%
8.10%
40.97%
45.69%
65.05%
82.80%
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Risk-Adjusted Performance
BITW vs. BTC-USD — Risk-Adjusted Performance Rank
BITW
BTC-USD
BITW vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise 10 Crypto Index Fund (BITW) 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
BITW vs. BTC-USD - Drawdown Comparison
The maximum BITW drawdown since its inception was -96.46%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BITW and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BITW vs. BTC-USD - Volatility Comparison
Bitwise 10 Crypto Index Fund (BITW) has a higher volatility of 18.70% compared to Bitcoin (BTC-USD) at 16.24%. This indicates that BITW's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.