BTC-USD vs. SNPS
BTC-USD (Bitcoin) is a cryptocurrency, while SNPS (Synopsys, Inc.) is a stock. Over the past 10 years, BTC-USD returned 57.32%/yr vs 24.15%/yr for SNPS. At a 0.12 correlation, their price movements are largely independent.
Performance
BTC-USD vs. SNPS - Performance Comparison
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Returns By Period
In the year-to-date period, BTC-USD achieves a -27.32% return, which is significantly lower than SNPS's -3.37% return. Over the past 10 years, BTC-USD has outperformed SNPS with an annualized return of 57.32%, while SNPS has yielded a comparatively lower 24.15% annualized 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%
SNPS
- 1D
- -0.53%
- 1M
- -10.88%
- YTD
- -3.37%
- 6M
- 0.21%
- 1Y
- -8.30%
- 3Y*
- 0.29%
- 5Y*
- 11.53%
- 10Y*
- 24.15%
BTC-USD vs. SNPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
SNPS Synopsys, Inc. | -3.37% | -3.22% | -5.74% | 61.27% | -13.35% | 42.15% | 86.24% | 65.24% | -1.17% | 44.82% |
Correlation
The correlation between BTC-USD and SNPS is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2012 | 0.12 |
The correlation between BTC-USD and SNPS shifts across timeframes, from 0.12 (all time) to 0.26 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BTC-USD vs. SNPS — Risk / Return Rank
BTC-USD
SNPS
BTC-USD vs. SNPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Synopsys, Inc. (SNPS). 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 | SNPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.04 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.20 | -0.58 |
| Martin ratioReturn relative to average drawdown | -1.36 | -0.32 | -1.04 |
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Drawdowns
BTC-USD vs. SNPS - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for BTC-USD and SNPS.
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Drawdown Indicators
| BTC-USD | SNPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -60.95% | -24.35% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -41.04% | -10.17% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -41.04% | -10.17% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -41.04% | -35.63% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | -41.04% | -42.76% |
Current DrawdownCurrent decline from peak | -49.01% | -29.67% | -19.34% |
Average DrawdownAverage peak-to-trough decline | -42.35% | -20.29% | -22.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.02% | 26.17% | +8.85% |
Volatility
BTC-USD vs. SNPS - Volatility Comparison
The current volatility for Bitcoin (BTC-USD) is 12.11%, while Synopsys, Inc. (SNPS) has a volatility of 13.66%. This indicates that BTC-USD experiences smaller price fluctuations and is considered to be less risky than SNPS 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 | SNPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.11% | 13.66% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 34.59% | 30.93% | +3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.62% | 56.65% | -21.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.71% | 40.80% | +3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.62% | 35.08% | +21.54% |
Frequently Asked Questions
BTC-USD and SNPS have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNPS has higher volatility (13.66%) compared to BTC-USD (12.11%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs SNPS's -60.95%.
SNPS currently has the higher Sharpe Ratio (-0.15 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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