BTC-USD vs. BRNT.L
BTC-USD (Bitcoin) is a cryptocurrency, while BRNT.L (WisdomTree Brent Crude Oil) is Oil & Gas fund tracking the Bloomberg Brent Crude Subindex. Over the past 10 years, BTC-USD returned 57.23%/yr vs 12.92%/yr for BRNT.L. At a 0.01 correlation, their price movements are largely independent.
Performance
BTC-USD vs. BRNT.L - Performance Comparison
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Returns By Period
In the year-to-date period, BTC-USD achieves a -26.27% return, which is significantly lower than BRNT.L's 67.54% return. Over the past 10 years, BTC-USD has outperformed BRNT.L with an annualized return of 57.23%, while BRNT.L has yielded a comparatively lower 12.92% annualized return.
BTC-USD
- 1D
- 1.71%
- 1M
- -20.43%
- YTD
- -26.27%
- 6M
- -28.52%
- 1Y
- -39.20%
- 3Y*
- 36.94%
- 5Y*
- 9.74%
- 10Y*
- 57.23%
BRNT.L
- 1D
- -6.20%
- 1M
- -11.06%
- YTD
- 67.54%
- 6M
- 70.28%
- 1Y
- 52.42%
- 3Y*
- 23.07%
- 5Y*
- 21.42%
- 10Y*
- 12.92%
BTC-USD vs. BRNT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTC-USD Bitcoin | -26.27% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
BRNT.L WisdomTree Brent Crude Oil | 67.54% | -6.34% | 7.45% | 1.08% | 35.10% | 66.26% | -33.22% | 32.37% | -13.97% | 12.40% |
Correlation
The correlation between BTC-USD and BRNT.L is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2012 | 0.01 |
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Return for Risk
BTC-USD vs. BRNT.L — Risk / Return Rank
BTC-USD
BRNT.L
BTC-USD vs. BRNT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and WisdomTree Brent Crude Oil (BRNT.L). 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 | BRNT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.32 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.27 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 3.20 | -3.97 |
| Martin ratioReturn relative to average drawdown | -1.33 | 5.88 | -7.21 |
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Drawdowns
BTC-USD vs. BRNT.L - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, roughly equal to the maximum BRNT.L drawdown of -86.06%. Use the drawdown chart below to compare losses from any high point for BTC-USD and BRNT.L.
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Drawdown Indicators
| BTC-USD | BRNT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -86.06% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -18.66% | -32.55% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -24.88% | -26.33% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -31.44% | -45.23% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | -71.92% | -11.88% |
Current DrawdownCurrent decline from peak | -48.27% | -15.93% | -32.34% |
Average DrawdownAverage peak-to-trough decline | -42.36% | -43.87% | +1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.16% | 10.19% | +24.97% |
Volatility
BTC-USD vs. BRNT.L - Volatility Comparison
The current volatility for Bitcoin (BTC-USD) is 11.97%, while WisdomTree Brent Crude Oil (BRNT.L) has a volatility of 13.34%. This indicates that BTC-USD experiences smaller price fluctuations and is considered to be less risky than BRNT.L 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 | BRNT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.97% | 13.34% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 34.64% | 37.75% | -3.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.59% | 42.73% | -7.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.57% | 34.88% | +9.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.61% | 35.25% | +21.36% |
Frequently Asked Questions
BTC-USD and BRNT.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BTC-USD and BRNT.L
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