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BTC-USD vs. VBTIX
Performance
Return for Risk
Drawdowns
Volatility

Performance

BTC-USD vs. VBTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin (BTC-USD) and Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BTC-USD achieves a -28.54% return, which is significantly lower than VBTIX's -0.09% return. Over the past 10 years, BTC-USD has outperformed VBTIX with an annualized return of 59.68%, while VBTIX has yielded a comparatively lower 1.53% annualized return.


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%

VBTIX

1D
-0.41%
1M
-0.49%
YTD
-0.09%
6M
0.35%
1Y
4.92%
3Y*
3.84%
5Y*
0.05%
10Y*
1.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTC-USD vs. VBTIX - 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%
VBTIX
Vanguard Total Bond Market Index Fund Institutional Shares
-0.09%7.18%1.27%5.75%-13.15%-1.95%7.75%8.74%-0.24%3.56%

Correlation

The correlation between BTC-USD and VBTIX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.03

Correlation (5Y)
Calculated over the trailing 5-year period

0.03

Correlation (10Y)
Calculated over the trailing 10-year period

0.01

Correlation (All Time)
Calculated using the full available price history since Sep 24, 2012

0.01

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Return for Risk

BTC-USD vs. VBTIX — 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

VBTIX
VBTIX Risk / Return Rank: 1818
Overall Rank
VBTIX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
VBTIX Sortino Ratio Rank: 1717
Sortino Ratio Rank
VBTIX Omega Ratio Rank: 1616
Omega Ratio Rank
VBTIX Calmar Ratio Rank: 2020
Calmar Ratio Rank
VBTIX Martin Ratio Rank: 1818
Martin Ratio Rank
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. VBTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX). 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-USDVBTIXDifference
Sharpe ratioReturn per unit of total volatility

-2.07

Sortino ratioReturn per unit of downside risk

-3.02

Omega ratioGain probability vs. loss probability

0.86

1.20

-0.34

Calmar ratioReturn relative to maximum drawdown

-0.80

1.52

-2.32

Martin ratioReturn relative to average drawdown

-1.42

4.51

-5.93

BTC-USD vs. VBTIX - Sharpe Ratio Comparison

The current BTC-USD Sharpe Ratio is -0.95, which is lower than the VBTIX Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of BTC-USD and VBTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


BTC-USDVBTIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.95

1.12

-2.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

0.01

+0.19

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.87

0.31

+0.57

Sharpe Ratio (All Time)

Calculated using the full available price history

1.13

0.94

+0.19

Drawdowns

BTC-USD vs. VBTIX - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than VBTIX's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for BTC-USD and VBTIX.


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Drawdown Indicators


BTC-USDVBTIXDifference

Max Drawdown

Largest peak-to-trough decline

-85.30%

-18.90%

-66.40%

Max Drawdown (1Y)

Largest decline over 1 year

-51.21%

-2.89%

-48.32%

Max Drawdown (3Y)

Largest decline over 3 years

-51.21%

-5.99%

-45.22%

Max Drawdown (5Y)

Largest decline over 5 years

-76.67%

-18.13%

-58.54%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

-18.90%

-64.90%

Current Drawdown

Current decline from peak

-49.86%

-2.76%

-47.10%

Average Drawdown

Average peak-to-trough decline

-42.32%

-2.32%

-40.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.46%

0.97%

+33.49%

Volatility

BTC-USD vs. VBTIX - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 11.59% compared to Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) at 1.31%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than VBTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTC-USDVBTIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.59%

1.31%

+10.28%

Volatility (6M)

Calculated over the trailing 6-month period

34.53%

2.81%

+31.72%

Volatility (1Y)

Calculated over the trailing 1-year period

35.67%

3.94%

+31.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.95%

6.02%

+38.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.71%

4.98%

+51.73%

Frequently Asked Questions


BTC-USD and VBTIX have a correlation of 0.09, 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 (11.59%) compared to VBTIX (1.31%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs VBTIX's -18.90%.

VBTIX currently has the higher Sharpe Ratio (1.12 vs -0.95), 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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