BTBT vs. BTC-USD
Compare and contrast key facts about Bit Digital, Inc. (BTBT) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTBT or BTC-USD.
Correlation
The correlation between BTBT 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
BTBT vs. BTC-USD - Performance Comparison
Key characteristics
BTBT:
-0.08
BTC-USD:
1.91
BTBT:
0.71
BTC-USD:
2.53
BTBT:
1.08
BTC-USD:
1.26
BTBT:
-0.10
BTC-USD:
1.68
BTBT:
-0.26
BTC-USD:
8.48
BTBT:
34.39%
BTC-USD:
11.42%
BTBT:
108.90%
BTC-USD:
42.73%
BTBT:
-98.16%
BTC-USD:
-93.07%
BTBT:
-93.06%
BTC-USD:
-10.52%
Returns By Period
In the year-to-date period, BTBT achieves a -30.72% return, which is significantly lower than BTC-USD's 1.66% return.
BTBT
-30.72%
-3.33%
-54.18%
-5.58%
6.55%
N/A
BTC-USD
1.66%
15.36%
30.61%
48.77%
61.49%
82.28%
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
BTBT vs. BTC-USD — Risk-Adjusted Performance Rank
BTBT
BTC-USD
BTBT vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bit Digital, Inc. (BTBT) 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
BTBT vs. BTC-USD - Drawdown Comparison
The maximum BTBT drawdown since its inception was -98.16%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BTBT and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BTBT vs. BTC-USD - Volatility Comparison
Bit Digital, Inc. (BTBT) has a higher volatility of 22.62% compared to Bitcoin (BTC-USD) at 15.69%. This indicates that BTBT'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.