BTC-USD vs. QDSNX
BTC-USD (Bitcoin) is a cryptocurrency, while QDSNX (AQR Diversifying Strategies Fund Class N) is Tactical Allocation fund actively managed by AQR Funds. Over the past 5 years, BTC-USD returned 10.27%/yr vs 10.72%/yr for QDSNX. At a 0.04 correlation, their price movements are largely independent.
Performance
BTC-USD vs. QDSNX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTC-USD achieves a -27.32% return, which is significantly lower than QDSNX's 4.87% return.
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%
QDSNX
- 1D
- 0.34%
- 1M
- -0.41%
- YTD
- 4.87%
- 6M
- 6.21%
- 1Y
- 13.30%
- 3Y*
- 12.84%
- 5Y*
- 10.72%
- 10Y*
- —
BTC-USD vs. QDSNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 196.44% |
QDSNX AQR Diversifying Strategies Fund Class N | 4.87% | 16.14% | 9.56% | 8.62% | 14.48% | 10.35% | 5.40% |
Correlation
The correlation between BTC-USD and QDSNX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2020 | 0.04 |
The correlation between BTC-USD and QDSNX shifts across timeframes, from 0.01 (5 years) to 0.14 (1 year), 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. QDSNX — Risk / Return Rank
BTC-USD
QDSNX
BTC-USD vs. QDSNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and AQR Diversifying Strategies Fund Class N (QDSNX). 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 | QDSNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.64 | ||
| Sortino ratioReturn per unit of downside risk | -5.33 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.52 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 6.97 | -7.75 |
| Martin ratioReturn relative to average drawdown | -1.36 | 19.53 | -20.89 |
Loading charts...
Drawdowns
BTC-USD vs. QDSNX - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than QDSNX's maximum drawdown of -7.15%. Use the drawdown chart below to compare losses from any high point for BTC-USD and QDSNX.
Loading charts...
Drawdown Indicators
| BTC-USD | QDSNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -7.15% | -78.15% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -1.97% | -49.24% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -6.93% | -44.28% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -7.15% | -69.52% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | — | — |
Current DrawdownCurrent decline from peak | -49.01% | -1.41% | -47.60% |
Average DrawdownAverage peak-to-trough decline | -42.35% | -1.45% | -40.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.02% | 0.70% | +34.32% |
Volatility
BTC-USD vs. QDSNX - Volatility Comparison
Bitcoin (BTC-USD) has a higher volatility of 12.11% compared to AQR Diversifying Strategies Fund Class N (QDSNX) at 1.72%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than QDSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTC-USD | QDSNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.11% | 1.72% | +10.39% |
Volatility (6M)Calculated over the trailing 6-month period | 34.59% | 3.68% | +30.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.62% | 5.06% | +30.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.71% | 7.64% | +37.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.62% | 7.30% | +49.32% |
Frequently Asked Questions
BTC-USD and QDSNX have a correlation of 0.14, 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 (12.11%) compared to QDSNX (1.72%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs QDSNX's -7.15%.
QDSNX currently has the higher Sharpe Ratio (2.71 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.
Find the right allocation for BTC-USD and QDSNX
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