BTC-USD vs. PEP
BTC-USD (Bitcoin) is a cryptocurrency, while PEP (PepsiCo, Inc.) is a stock. Over the past 10 years, BTC-USD returned 57.23%/yr vs 6.62%/yr for PEP. At a 0.01 correlation, their price movements are largely independent.
Performance
BTC-USD vs. PEP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTC-USD achieves a -26.27% return, which is significantly lower than PEP's 2.49% return. Over the past 10 years, BTC-USD has outperformed PEP with an annualized return of 57.23%, while PEP has yielded a comparatively lower 6.62% 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%
PEP
- 1D
- 0.38%
- 1M
- -1.94%
- YTD
- 2.49%
- 6M
- -2.36%
- 1Y
- 14.62%
- 3Y*
- -4.09%
- 5Y*
- 2.73%
- 10Y*
- 6.62%
BTC-USD vs. PEP - 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% |
PEP PepsiCo, Inc. | 2.49% | -1.85% | -7.60% | -3.29% | 6.78% | 20.56% | 11.67% | 27.38% | -4.81% | 17.82% |
Correlation
The correlation between BTC-USD and PEP is -0.07, 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 | -0.07 |
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 | 0.03 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2012 | 0.01 |
The correlation between BTC-USD and PEP shifts across timeframes, from -0.07 (1 year) to 0.03 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BTC-USD vs. PEP — Risk / Return Rank
BTC-USD
PEP
BTC-USD vs. PEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and PepsiCo, Inc. (PEP). 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 | PEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -2.38 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.12 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 0.83 | -1.59 |
| Martin ratioReturn relative to average drawdown | -1.33 | 2.11 | -3.44 |
Loading charts...
Drawdowns
BTC-USD vs. PEP - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than PEP's maximum drawdown of -73.92%. Use the drawdown chart below to compare losses from any high point for BTC-USD and PEP.
Loading charts...
Drawdown Indicators
| BTC-USD | PEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -73.92% | -11.38% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -16.25% | -34.96% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -29.17% | -22.04% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -30.32% | -46.35% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | -30.32% | -53.48% |
Current DrawdownCurrent decline from peak | -48.27% | -17.75% | -30.52% |
Average DrawdownAverage peak-to-trough decline | -42.36% | -13.65% | -28.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.16% | 6.37% | +28.79% |
Volatility
BTC-USD vs. PEP - Volatility Comparison
Bitcoin (BTC-USD) has a higher volatility of 11.97% compared to PepsiCo, Inc. (PEP) at 5.39%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than PEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTC-USD | PEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.97% | 5.39% | +6.58% |
Volatility (6M)Calculated over the trailing 6-month period | 34.64% | 14.62% | +20.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.59% | 21.71% | +13.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.57% | 18.39% | +26.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.61% | 19.67% | +36.94% |
Frequently Asked Questions
BTC-USD and PEP have a correlation of -0.07, 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 (11.97%) compared to PEP (5.39%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs PEP's -73.92%.
PEP currently has the higher Sharpe Ratio (0.62 vs -0.92), 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.
Find the right allocation for BTC-USD and PEP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer