BNB-USD vs. BTC-USD
Compare and contrast key facts about Binance Coin (BNB-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNB-USD or BTC-USD.
Key characteristics
BNB-USD | BTC-USD | |
---|---|---|
YTD Return | 83.88% | 64.33% |
1Y Return | 83.40% | 154.71% |
3Y Return (Ann) | 19.06% | 5.19% |
5Y Return (Ann) | 63.25% | 47.79% |
Sharpe Ratio | 3.06 | 3.31 |
Daily Std Dev | 42.88% | 37.74% |
Max Drawdown | -80.10% | -93.07% |
Current Drawdown | -14.97% | -4.96% |
Correlation
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Binance Coin | 3.06 | ||||
Bitcoin | 3.31 |
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
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.