BTC-USD vs. GBTC

In the year-to-date period, BTC-USD achieves a 9.19% return, which is significantly lower than GBTC's 12.20% return.

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This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Grayscale Bitcoin Trust (BTC) (GBTC). 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 BTC-USD Sharpe Ratio is 2.02, which is comparable to the GBTC Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of BTC-USD and GBTC, 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 BTC-USD drawdown since its inception was -93.07%, roughly equal to the maximum GBTC drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for BTC-USD and GBTC. For additional features, visit the drawdowns tool.

Bitcoin (BTC-USD) and Grayscale Bitcoin Trust (BTC) (GBTC) have volatilities of 13.04% and 13.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.