BTC-USD vs. QDVO

Last updated Jul 21, 2026

BTC-USD (Bitcoin) is a cryptocurrency, while QDVO (Amplify CWP Growth & Income ETF) is Derivative Income fund actively managed by Amplify. Over the past year, BTC-USD returned -44.16% vs 16.90% for QDVO. At a 0.34 correlation, their price movements are largely independent.

Performance

BTC-USD vs. QDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin (BTC-USD) and Amplify CWP Growth & Income ETF (QDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTC-USD achieves a -25.13% return, which is significantly lower than QDVO's 7.18% return.

BTC-USD

• 1D: 1.28%
• 1M: 2.00%
• 6M: -29.23%
• YTD: -25.13%
• 1Y: -44.16%
• 3Y*: 29.87%
• 5Y*: 15.31%
• 10Y*: 58.50%
• ALL TIME*: 89.00%

QDVO

• 1D: 0.00%
• 1M: -0.60%
• 6M: 6.85%
• YTD: 7.18%
• 1Y: 16.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTC-USD vs. QDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BTC-USD Bitcoin	-25.13%	-6.27%	52.63%
QDVO Amplify CWP Growth & Income ETF	7.18%	20.16%	9.76%

Correlation

The correlation between BTC-USD and QDVO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.34

Return for Risk

BTC-USD vs. QDVO — 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: 40
BTC-USD Sharpe Ratio Rank: 17
BTC-USD Sortino Ratio Rank: 45
BTC-USD Omega Ratio Rank: 45
BTC-USD Calmar Ratio Rank: 61
BTC-USD Martin Ratio Rank: 30

QDVO

QDVO Risk / Return Rank: 48
QDVO Sharpe Ratio Rank: 50
QDVO Sortino Ratio Rank: 49
QDVO Omega Ratio Rank: 48
QDVO Calmar Ratio Rank: 43
QDVO Martin Ratio Rank: 49

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. QDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Amplify CWP Growth & Income ETF (QDVO). 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	QDVO	Difference
Sharpe ratio: Return per unit of total volatility	-1.03	1.32	-2.34
Sortino ratio: Return per unit of downside risk	-1.51	1.88	-3.39
Omega ratio: Gain probability vs. loss probability	0.85	1.23	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.83	1.66	-2.49
Martin ratio: Return relative to average drawdown	-1.32	6.16	-7.48

BTC-USD vs. QDVO - Sharpe Ratio Comparison

The current BTC-USD Sharpe Ratio is -1.03, which is lower than the QDVO Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of BTC-USD and QDVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BTC-USD vs. QDVO - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than QDVO's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for BTC-USD and QDVO.

Drawdown Indicators

	BTC-USD	QDVO	Difference
Max Drawdown Largest peak-to-trough decline	-85.30%	-17.75%	-67.55%
Max Drawdown (1Y) Largest decline over 1 year	-53.08%	-10.21%	-42.87%
Max Drawdown (3Y) Largest decline over 3 years	-53.08%	—	—
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	-47.48%	-3.31%	-44.17%
Average Drawdown Average peak-to-trough decline	-42.61%	-2.43%	-40.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.88%	2.75%	+25.13%

Volatility

BTC-USD vs. QDVO - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 9.37% compared to Amplify CWP Growth & Income ETF (QDVO) at 4.04%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than QDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTC-USD	QDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.37%	4.04%	+5.33%
Volatility (6M) Calculated over the trailing 6-month period	34.93%	10.01%	+24.92%
Volatility (1Y) Calculated over the trailing 1-year period	35.76%	12.92%	+22.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.93%	17.39%	+26.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.33%	17.39%	+38.94%

Frequently Asked Questions

Can I hold both BTC-USD and QDVO in my portfolio?

BTC-USD and QDVO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BTC-USD or QDVO?

BTC-USD has higher volatility (9.37%) compared to QDVO (4.04%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs QDVO's -17.75%.

Which has better risk-adjusted returns?

QDVO currently has the higher Sharpe Ratio (1.32 vs -1.03), 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.