BTC vs. HOOD
BTC (Grayscale Bitcoin Mini Trust ETF) is Cryptocurrency fund actively managed by Grayscale, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past year, BTC returned -47.46% vs 11.71% for HOOD. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
BTC vs. HOOD - Performance Comparison
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Returns By Period
In the year-to-date period, BTC achieves a -28.94% return, which is significantly lower than HOOD's -2.86% return.
BTC
- 1D
- -2.65%
- 1M
- -2.17%
- 6M
- -32.02%
- YTD
- -28.94%
- 1Y
- -47.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOD
- 1D
- -1.88%
- 1M
- 17.89%
- 6M
- -6.52%
- YTD
- -2.86%
- 1Y
- 11.71%
- 3Y*
- 107.03%
- 5Y*
- —
- 10Y*
- —
BTC vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTC Grayscale Bitcoin Mini Trust ETF | -28.94% | -7.50% | 41.93% |
HOOD Robinhood Markets, Inc. | -2.86% | 203.54% | 82.65% |
Correlation
The correlation between BTC and HOOD is 0.58, 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 | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2024 | 0.54 |
The correlation between BTC and HOOD has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.
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Return for Risk
BTC vs. HOOD — Risk / Return Rank
BTC
HOOD
BTC vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Bitcoin Mini Trust ETF (BTC) and Robinhood Markets, Inc. (HOOD). 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 | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.09 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 0.21 | -1.10 |
| Martin ratioReturn relative to average drawdown | -1.45 | 0.36 | -1.81 |
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Drawdowns
BTC vs. HOOD - Drawdown Comparison
The maximum BTC drawdown since its inception was -53.30%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for BTC and HOOD.
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Drawdown Indicators
| BTC | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.30% | -90.21% | +36.91% |
Max Drawdown (1Y)Largest decline over 1 year | -53.30% | -57.26% | +3.96% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.26% | — |
Current DrawdownCurrent decline from peak | -50.48% | -27.94% | -22.54% |
Average DrawdownAverage peak-to-trough decline | -18.55% | -60.39% | +41.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.66% | 32.80% | -0.14% |
Volatility
BTC vs. HOOD - Volatility Comparison
The current volatility for Grayscale Bitcoin Mini Trust ETF (BTC) is 11.35%, while Robinhood Markets, Inc. (HOOD) has a volatility of 19.26%. This indicates that BTC experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTC | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.35% | 19.26% | -7.91% |
Volatility (6M)Calculated over the trailing 6-month period | 34.73% | 51.99% | -17.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.31% | 69.20% | -24.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.98% | 73.97% | -25.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.98% | 73.97% | -25.99% |
Dividends
BTC vs. HOOD - Dividend Comparison
Neither BTC nor HOOD has paid dividends to shareholders.
Frequently Asked Questions
BTC and HOOD have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOD has higher volatility (19.26%) compared to BTC (11.35%). In terms of maximum drawdown, BTC dropped -53.30% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (0.17 vs -1.08), 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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