BTC-USD vs. THETA-USD
BTC-USD (Bitcoin) and THETA-USD (THETA) are both cryptocurrencies. Over the past 5 years, BTC-USD returned 10.27%/yr vs -55.29%/yr for THETA-USD. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
BTC-USD vs. THETA-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTC-USD achieves a -27.32% return, which is significantly higher than THETA-USD's -40.53% 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%
THETA-USD
- 1D
- 4.86%
- 1M
- -29.74%
- YTD
- -40.53%
- 6M
- -54.31%
- 1Y
- -78.88%
- 3Y*
- -37.48%
- 5Y*
- -55.29%
- 10Y*
- —
BTC-USD vs. THETA-USD - Yearly Performance Comparison
Correlation
The correlation between BTC-USD and THETA-USD is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018 | 0.58 |
The correlation between BTC-USD and THETA-USD shifts across timeframes, from 0.57 (1 year) to 0.67 (5 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. THETA-USD — Risk / Return Rank
BTC-USD
THETA-USD
BTC-USD vs. THETA-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and THETA (THETA-USD). 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 | THETA-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.82 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.92 | +0.15 |
| Martin ratioReturn relative to average drawdown | -1.36 | -1.31 | -0.06 |
Loading charts...
Drawdowns
BTC-USD vs. THETA-USD - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, smaller than the maximum THETA-USD drawdown of -99.00%. Use the drawdown chart below to compare losses from any high point for BTC-USD and THETA-USD.
Loading charts...
Drawdown Indicators
| BTC-USD | THETA-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -99.00% | +13.70% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -85.35% | +34.14% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -95.85% | +44.64% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -98.49% | +21.82% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | — | — |
Current DrawdownCurrent decline from peak | -49.01% | -98.90% | +49.89% |
Average DrawdownAverage peak-to-trough decline | -42.35% | -71.58% | +29.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.02% | 63.67% | -28.65% |
Volatility
BTC-USD vs. THETA-USD - Volatility Comparison
The current volatility for Bitcoin (BTC-USD) is 12.11%, while THETA (THETA-USD) has a volatility of 20.06%. This indicates that BTC-USD experiences smaller price fluctuations and is considered to be less risky than THETA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTC-USD | THETA-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.11% | 20.06% | -7.95% |
Volatility (6M)Calculated over the trailing 6-month period | 34.59% | 56.96% | -22.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.62% | 74.43% | -38.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.71% | 83.36% | -38.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.62% | 104.31% | -47.69% |
Frequently Asked Questions
BTC-USD and THETA-USD have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THETA-USD has higher volatility (20.06%) compared to BTC-USD (12.11%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs THETA-USD's -99.00%.
THETA-USD currently has the higher Sharpe Ratio (-0.88 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 THETA-USD
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