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BTC-USD vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

BTC-USD vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin (BTC-USD) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


BTC-USD

1D
-1.22%
1M
-22.47%
YTD
-28.54%
6M
-31.02%
1Y
-40.89%
3Y*
33.16%
5Y*
10.82%
10Y*
59.68%

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTC-USD vs. USD=X - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BTC-USD
Bitcoin
-28.54%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

BTC-USD vs. USD=X — 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: 2828
Overall Rank
BTC-USD Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4646
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 1616
Martin Ratio Rank

USD=X
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. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and USD Cash (USD=X). 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.


BTC-USDUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.86

Calmar ratioReturn relative to maximum drawdown

-0.80

Martin ratioReturn relative to average drawdown

-1.42

BTC-USD vs. USD=X - Sharpe Ratio Comparison


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Sharpe Ratios by Period


BTC-USDUSD=XDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.95

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.87

Sharpe Ratio (All Time)

Calculated using the full available price history

1.13

Drawdowns

BTC-USD vs. USD=X - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BTC-USD and USD=X.


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Drawdown Indicators


BTC-USDUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-85.30%

0.00%

-85.30%

Max Drawdown (1Y)

Largest decline over 1 year

-51.21%

0.00%

-51.21%

Max Drawdown (3Y)

Largest decline over 3 years

-51.21%

0.00%

-51.21%

Max Drawdown (5Y)

Largest decline over 5 years

-76.67%

0.00%

-76.67%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

0.00%

-83.80%

Current Drawdown

Current decline from peak

-49.86%

0.00%

-49.86%

Average Drawdown

Average peak-to-trough decline

-42.32%

0.00%

-42.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.46%

0.00%

+34.46%

Volatility

BTC-USD vs. USD=X - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 11.59% compared to USD Cash (USD=X) at 0.00%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTC-USDUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.59%

0.00%

+11.59%

Volatility (6M)

Calculated over the trailing 6-month period

34.53%

0.00%

+34.53%

Volatility (1Y)

Calculated over the trailing 1-year period

35.67%

0.00%

+35.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.95%

0.00%

+44.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.71%

0.00%

+56.71%

Frequently Asked Questions


BTC-USD has higher volatility (11.59%) compared to USD=X (0.00%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs USD=X's 0.00%.

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