BNXG.DE vs. BTC-USD

In the year-to-date period, BNXG.DE achieves a -1.65% return, which is significantly lower than BTC-USD's 11.31% return.

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This table presents a comparison of risk-adjusted performance metrics for Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) 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.

The current BNXG.DE Sharpe Ratio is 0.45, which is lower than the BTC-USD Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of BNXG.DE and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum BNXG.DE drawdown since its inception was -57.23%, smaller than the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for BNXG.DE and BTC-USD.

Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) has a higher volatility of 14.83% compared to Bitcoin (BTC-USD) at 10.39%. This indicates that BNXG.DE'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.