BTC-USD vs. VTWAX

Last updated Jun 9, 2026

BTC-USD (Bitcoin) is a cryptocurrency, while VTWAX (Vanguard Total World Stock Index Fund Admiral Shares) is Global Equities fund tracking the FTSE Global All Cap Index. Over the past 5 years, BTC-USD returned 10.82%/yr vs 10.37%/yr for VTWAX. At a 0.26 correlation, their price movements are largely independent.

Performance

BTC-USD vs. VTWAX - Performance Comparison

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

Returns By Period

In the year-to-date period, BTC-USD achieves a -28.54% return, which is significantly lower than VTWAX's 9.24% 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%

VTWAX

• 1D: -3.03%
• 1M: -0.80%
• YTD: 9.24%
• 6M: 10.08%
• 1Y: 24.85%
• 3Y*: 19.75%
• 5Y*: 10.37%
• 10Y*: —

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

BTC-USD vs. VTWAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BTC-USD Bitcoin	-28.54%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	112.80%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	9.24%	22.43%	16.43%	21.85%	-18.02%	18.17%	16.67%	17.53%

Correlation

The correlation between BTC-USD and VTWAX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019	0.26

The correlation between BTC-USD and VTWAX shifts across timeframes, from 0.26 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

BTC-USD vs. VTWAX — 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: 28
BTC-USD Sharpe Ratio Rank: 12
BTC-USD Sortino Ratio Rank: 33
BTC-USD Omega Ratio Rank: 33
BTC-USD Calmar Ratio Rank: 46
BTC-USD Martin Ratio Rank: 16

VTWAX

VTWAX Risk / Return Rank: 52
VTWAX Sharpe Ratio Rank: 51
VTWAX Sortino Ratio Rank: 46
VTWAX Omega Ratio Rank: 49
VTWAX Calmar Ratio Rank: 53
VTWAX Martin Ratio Rank: 63

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. VTWAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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-USD	VTWAX	Difference
Sharpe ratio: Return per unit of total volatility	-0.95	2.03	-2.98
Sortino ratio: Return per unit of downside risk	-1.35	2.75	-4.11
Omega ratio: Gain probability vs. loss probability	0.86	1.37	-0.51
Calmar ratio: Return relative to maximum drawdown	-0.80	2.69	-3.49
Martin ratio: Return relative to average drawdown	-1.42	11.96	-13.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTC-USD vs. VTWAX - Sharpe Ratio Comparison

The current BTC-USD Sharpe Ratio is -0.95, which is lower than the VTWAX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of BTC-USD and VTWAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BTC-USD	VTWAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.95	2.03	-2.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.66	-0.46
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	0.74	+0.39

Drawdowns

BTC-USD vs. VTWAX - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than VTWAX's maximum drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for BTC-USD and VTWAX.

Drawdown Indicators

	BTC-USD	VTWAX	Difference
Max Drawdown Largest peak-to-trough decline	-85.30%	-34.20%	-51.10%
Max Drawdown (1Y) Largest decline over 1 year	-51.21%	-9.64%	-41.57%
Max Drawdown (3Y) Largest decline over 3 years	-51.21%	-16.43%	-34.78%
Max Drawdown (5Y) Largest decline over 5 years	-76.67%	-26.40%	-50.27%
Max Drawdown (10Y) Largest decline over 10 years	-83.80%	—	—
Current Drawdown Current decline from peak	-49.86%	-3.46%	-46.40%
Average Drawdown Average peak-to-trough decline	-42.32%	-5.30%	-37.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.46%	2.16%	+32.30%

Volatility

BTC-USD vs. VTWAX - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 11.59% compared to Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) at 4.45%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than VTWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTC-USD	VTWAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.59%	4.45%	+7.14%
Volatility (6M) Calculated over the trailing 6-month period	34.53%	10.34%	+24.19%
Volatility (1Y) Calculated over the trailing 1-year period	35.67%	12.78%	+22.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.95%	15.77%	+29.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.71%	18.22%	+38.49%

Frequently Asked Questions

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

BTC-USD and VTWAX have a correlation of 0.40, 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 VTWAX?

BTC-USD has higher volatility (11.59%) compared to VTWAX (4.45%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs VTWAX's -34.20%.

Which has better risk-adjusted returns?

VTWAX currently has the higher Sharpe Ratio (2.03 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.