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BNB-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


BNB-USDBTC-USD
YTD Return83.88%64.33%
1Y Return83.40%154.71%
3Y Return (Ann)19.06%5.19%
5Y Return (Ann)63.25%47.79%
Sharpe Ratio3.063.31
Daily Std Dev42.88%37.74%
Max Drawdown-80.10%-93.07%
Current Drawdown-14.97%-4.96%

Correlation

0.66
-1.001.00

The correlation between BNB-USD and BTC-USD is 0.66, 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

BNB-USD vs. BTC-USD - Performance Comparison

In the year-to-date period, BNB-USD achieves a 83.88% return, which is significantly higher than BTC-USD's 64.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5,000.00%10,000.00%15,000.00%20,000.00%25,000.00%30,000.00%35,000.00%OctoberNovemberDecember2024FebruaryMarch
28,758.76%
872.28%
BNB-USD
BTC-USD

Compare stocks, funds, or ETFs


Binance Coin

Bitcoin

Risk-Adjusted Performance

BNB-USD vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Binance Coin (BNB-USD) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BNB-USD
Binance Coin
3.06
BTC-USD
Bitcoin
3.31

BNB-USD vs. BTC-USD - Sharpe Ratio Comparison

The current BNB-USD Sharpe Ratio is 3.06, which roughly equals the BTC-USD Sharpe Ratio of 3.31. The chart below compares the 12-month rolling Sharpe Ratio of BNB-USD and BTC-USD.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00OctoberNovemberDecember2024FebruaryMarch
3.06
3.31
BNB-USD
BTC-USD

Drawdowns

BNB-USD vs. BTC-USD - Drawdown Comparison

The maximum BNB-USD drawdown since its inception was -80.10%, smaller than the maximum BTC-USD drawdown of -93.07%. The drawdown chart below compares losses from any high point along the way for BNB-USD and BTC-USD


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-14.97%
-4.96%
BNB-USD
BTC-USD

Volatility

BNB-USD vs. BTC-USD - Volatility Comparison

Binance Coin (BNB-USD) has a higher volatility of 27.57% compared to Bitcoin (BTC-USD) at 18.47%. This indicates that BNB-USD'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.


5.00%10.00%15.00%20.00%25.00%30.00%OctoberNovemberDecember2024FebruaryMarch
27.57%
18.47%
BNB-USD
BTC-USD