BTC-USD vs. HBAR-USD
BTC-USD (Bitcoin) and HBAR-USD (HederaHashgraph) are both cryptocurrencies. Over the past 5 years, BTC-USD returned 10.27%/yr vs -16.90%/yr for HBAR-USD. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
BTC-USD vs. HBAR-USD - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with BTC-USD having a -27.32% return and HBAR-USD slightly higher at -26.59%.
BTC-USD
- 1D
- 0.05%
- 1M
- -19.79%
- YTD
- -27.32%
- 6M
- -29.56%
- 1Y
- -39.85%
- 3Y*
- 34.86%
- 5Y*
- 10.27%
- 10Y*
- 57.32%
HBAR-USD
- 1D
- -1.54%
- 1M
- -16.53%
- YTD
- -26.59%
- 6M
- -37.13%
- 1Y
- -52.17%
- 3Y*
- 18.50%
- 5Y*
- -16.90%
- 10Y*
- —
BTC-USD vs. HBAR-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | -30.18% |
HBAR-USD HederaHashgraph | -26.59% | -60.44% | 212.23% | 135.51% | -87.44% | 812.76% | 211.49% | -97.54% |
Correlation
The correlation between BTC-USD and HBAR-USD is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2019 | 0.63 |
The correlation between BTC-USD and HBAR-USD shifts across timeframes, from 0.63 (all time) to 0.76 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BTC-USD vs. HBAR-USD — Risk / Return Rank
BTC-USD
HBAR-USD
BTC-USD vs. HBAR-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and HederaHashgraph (HBAR-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.
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 | HBAR-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.92 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.71 | -0.07 |
| Martin ratioReturn relative to average drawdown | -1.36 | -1.01 | -0.35 |
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Drawdowns
BTC-USD vs. HBAR-USD - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, smaller than the maximum HBAR-USD drawdown of -97.58%. Use the drawdown chart below to compare losses from any high point for BTC-USD and HBAR-USD.
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Drawdown Indicators
| BTC-USD | HBAR-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -97.58% | +12.28% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -73.39% | +22.18% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -79.29% | +28.08% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -92.79% | +16.12% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | — | — |
Current DrawdownCurrent decline from peak | -49.01% | -84.59% | +35.58% |
Average DrawdownAverage peak-to-trough decline | -42.35% | -74.50% | +32.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.02% | 51.63% | -16.61% |
Volatility
BTC-USD vs. HBAR-USD - Volatility Comparison
The current volatility for Bitcoin (BTC-USD) is 12.11%, while HederaHashgraph (HBAR-USD) has a volatility of 16.49%. This indicates that BTC-USD experiences smaller price fluctuations and is considered to be less risky than HBAR-USD 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 | HBAR-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.11% | 16.49% | -4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 34.59% | 43.31% | -8.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.62% | 65.23% | -29.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.71% | 85.18% | -40.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.62% | 108.59% | -51.97% |
Frequently Asked Questions
BTC-USD and HBAR-USD have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBAR-USD has higher volatility (16.49%) compared to BTC-USD (12.11%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs HBAR-USD's -97.58%.
HBAR-USD currently has the higher Sharpe Ratio (-0.67 vs -0.93), 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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