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BTC-USD vs. IAUM
Performance
Return for Risk
Drawdowns
Volatility

Performance

BTC-USD vs. IAUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin (BTC-USD) and iShares Gold Trust Micro (IAUM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BTC-USD achieves a -29.97% return, which is significantly lower than IAUM's 0.07% return.


BTC-USD

1D
-3.97%
1M
-24.76%
YTD
-29.97%
6M
-31.42%
1Y
-39.67%
3Y*
31.02%
5Y*
11.35%
10Y*
59.37%

IAUM

1D
-3.63%
1M
-8.02%
YTD
0.07%
6M
2.72%
1Y
28.61%
3Y*
29.97%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTC-USD vs. IAUM - Yearly Performance Comparison


2026 (YTD)20252024202320222021
BTC-USD
Bitcoin
-29.97%-6.27%120.76%155.82%-64.23%28.71%
IAUM
iShares Gold Trust Micro
0.07%64.27%27.04%13.12%-0.49%3.87%

Correlation

The correlation between BTC-USD and IAUM is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2021

0.11

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Return for Risk

BTC-USD vs. IAUM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTC-USD
BTC-USD Risk / Return Rank: 3030
Overall Rank
BTC-USD Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4848
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 2222
Martin Ratio Rank

IAUM
IAUM Risk / Return Rank: 3030
Overall Rank
IAUM Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
IAUM Sortino Ratio Rank: 2828
Sortino Ratio Rank
IAUM Omega Ratio Rank: 3333
Omega Ratio Rank
IAUM Calmar Ratio Rank: 3030
Calmar Ratio Rank
IAUM Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTC-USD vs. IAUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and iShares Gold Trust Micro (IAUM). 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.


BTC-USDIAUMDifference
Sharpe ratioReturn per unit of total volatility

-2.01

Sortino ratioReturn per unit of downside risk

-2.76

Omega ratioGain probability vs. loss probability

0.87

1.22

-0.35

Calmar ratioReturn relative to maximum drawdown

-0.78

1.44

-2.22

Martin ratioReturn relative to average drawdown

-1.39

3.64

-5.03

BTC-USD vs. IAUM - Sharpe Ratio Comparison

The current BTC-USD Sharpe Ratio is -0.93, which is lower than the IAUM Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of BTC-USD and IAUM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


BTC-USDIAUMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.93

1.08

-2.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.87

Sharpe Ratio (All Time)

Calculated using the full available price history

1.13

1.11

+0.02

Drawdowns

BTC-USD vs. IAUM - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for BTC-USD and IAUM.


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Drawdown Indicators


BTC-USDIAUMDifference

Max Drawdown

Largest peak-to-trough decline

-85.30%

-20.87%

-64.43%

Max Drawdown (1Y)

Largest decline over 1 year

-50.87%

-20.02%

-30.85%

Max Drawdown (3Y)

Largest decline over 3 years

-50.87%

-20.02%

-30.85%

Max Drawdown (5Y)

Largest decline over 5 years

-76.67%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-50.87%

-20.02%

-30.85%

Average Drawdown

Average peak-to-trough decline

-42.29%

-5.32%

-36.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.02%

7.88%

+26.14%

Volatility

BTC-USD vs. IAUM - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 10.54% compared to iShares Gold Trust Micro (IAUM) at 5.63%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTC-USDIAUMDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.54%

5.63%

+4.91%

Volatility (6M)

Calculated over the trailing 6-month period

34.26%

23.20%

+11.06%

Volatility (1Y)

Calculated over the trailing 1-year period

35.65%

26.56%

+9.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.98%

17.93%

+27.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.70%

17.93%

+38.77%

Frequently Asked Questions


BTC-USD and IAUM have a correlation of 0.16, 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 (10.54%) compared to IAUM (5.63%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs IAUM's -20.87%.

IAUM currently has the higher Sharpe Ratio (1.08 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.

Portfolio Optimizer

Find the right allocation for BTC-USD and IAUM

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