BTC-USD vs. AOR
BTC-USD (Bitcoin) is a cryptocurrency, while AOR (iShares Core 60/40 Balanced Allocation ETF) is Diversified Portfolio fund tracking the S&P Target Risk Growth Index. Over the past 10 years, BTC-USD returned 58.69%/yr vs 8.14%/yr for AOR. At a 0.13 correlation, their price movements are largely independent.
Performance
BTC-USD vs. AOR - Performance Comparison
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Returns By Period
In the year-to-date period, BTC-USD achieves a -23.90% return, which is significantly lower than AOR's 6.86% return. Over the past 10 years, BTC-USD has outperformed AOR with an annualized return of 58.69%, while AOR has yielded a comparatively lower 8.14% annualized return.
BTC-USD
- 1D
- 2.10%
- 1M
- 5.29%
- 6M
- -24.60%
- YTD
- -23.90%
- 1Y
- -43.30%
- 3Y*
- 30.74%
- 5Y*
- 15.58%
- 10Y*
- 58.69%
- ALL TIME*
- 89.03%
AOR
- 1D
- 0.63%
- 1M
- -0.89%
- 6M
- 6.37%
- YTD
- 6.86%
- 1Y
- 14.64%
- 3Y*
- 12.82%
- 5Y*
- 6.68%
- 10Y*
- 8.14%
- ALL TIME*
- 8.69%
BTC-USD vs. AOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTC-USD Bitcoin | -23.90% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
AOR iShares Core 60/40 Balanced Allocation ETF | 6.86% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 18.91% | -5.82% | 15.80% |
Correlation
The correlation between BTC-USD and AOR is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2012 | 0.13 |
Over the past year, BTC-USD and AOR have become more correlated (0.38) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
BTC-USD vs. AOR — Risk / Return Rank
BTC-USD
AOR
BTC-USD vs. AOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and iShares Core 60/40 Balanced Allocation ETF (AOR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BTC-USD | AOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.63 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.30 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 2.21 | -3.03 |
| Martin ratioReturn relative to average drawdown | -1.30 | 9.38 | -10.67 |
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Drawdowns
BTC-USD vs. AOR - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than AOR's maximum drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for BTC-USD and AOR.
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Drawdown Indicators
| BTC-USD | AOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -24.44% | -60.86% |
Max Drawdown (1Y)Largest decline over 1 year | -53.08% | -6.64% | -46.44% |
Max Drawdown (3Y)Largest decline over 3 years | -53.08% | -9.77% | -43.31% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -21.72% | -54.95% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | -22.95% | -60.85% |
Current DrawdownCurrent decline from peak | -46.61% | -1.01% | -45.60% |
Average DrawdownAverage peak-to-trough decline | -42.62% | -3.46% | -39.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.11% | 1.57% | +25.54% |
Volatility
BTC-USD vs. AOR - Volatility Comparison
Bitcoin (BTC-USD) has a higher volatility of 9.38% compared to iShares Core 60/40 Balanced Allocation ETF (AOR) at 2.49%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than AOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTC-USD | AOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.38% | 2.49% | +6.89% |
Volatility (6M)Calculated over the trailing 6-month period | 34.69% | 7.69% | +27.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.80% | 9.03% | +26.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.84% | 10.65% | +33.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.33% | 10.65% | +45.68% |
Frequently Asked Questions
BTC-USD and AOR have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (9.38%) compared to AOR (2.49%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs AOR's -24.44%.
AOR currently has the higher Sharpe Ratio (1.63 vs -1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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