BTCC-U.TO vs. BTC-USD
BTCC-U.TO (Purpose Bitcoin ETF Non-Currency Hedged Units) is Cryptocurrency fund actively managed by Purpose Investments, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, BTCC-U.TO returned 11.37%/yr vs 13.04%/yr for BTC-USD. A 0.69 correlation means they provide meaningful diversification when combined.
Performance
BTCC-U.TO vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with BTCC-U.TO having a -32.50% return and BTC-USD slightly higher at -31.91%.
BTCC-U.TO
- 1D
- -0.76%
- 1M
- -21.98%
- YTD
- -32.50%
- 6M
- -32.28%
- 1Y
- -45.67%
- 3Y*
- 23.45%
- 5Y*
- 11.37%
- 10Y*
- —
BTC-USD
- 1D
- -2.31%
- 1M
- -21.43%
- YTD
- -31.91%
- 6M
- -31.66%
- 1Y
- -44.53%
- 3Y*
- 25.32%
- 5Y*
- 13.04%
- 10Y*
- 56.92%
BTCC-U.TO vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BTCC-U.TO Purpose Bitcoin ETF Non-Currency Hedged Units | -32.50% | -7.46% | 118.51% | 153.14% | -64.85% | -21.57% |
BTC-USD Bitcoin | -31.91% | -6.27% | 120.76% | 155.82% | -64.23% | -11.42% |
Correlation
The correlation between BTCC-U.TO and BTC-USD is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2021 | 0.69 |
The correlation between BTCC-U.TO and BTC-USD has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.
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
BTCC-U.TO vs. BTC-USD — Risk / Return Rank
BTCC-U.TO
BTC-USD
BTCC-U.TO vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO) and Bitcoin (BTC-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.
| BTCC-U.TO | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.84 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.85 | -0.01 |
| Martin ratioReturn relative to average drawdown | -1.46 | -1.45 | -0.01 |
Loading charts...
Drawdowns
BTCC-U.TO vs. BTC-USD - Drawdown Comparison
The maximum BTCC-U.TO drawdown since its inception was -76.91%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BTCC-U.TO and BTC-USD.
Loading charts...
Drawdown Indicators
| BTCC-U.TO | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.91% | -85.30% | +8.39% |
Max Drawdown (1Y)Largest decline over 1 year | -53.13% | -52.23% | -0.90% |
Max Drawdown (3Y)Largest decline over 3 years | -53.13% | -52.23% | -0.90% |
Max Drawdown (5Y)Largest decline over 5 years | -76.91% | -76.67% | -0.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -53.13% | -52.23% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -34.19% | -42.42% | +8.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.26% | 31.57% | -0.31% |
Volatility
BTCC-U.TO vs. BTC-USD - Volatility Comparison
Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO) has a higher volatility of 13.39% compared to Bitcoin (BTC-USD) at 12.44%. This indicates that BTCC-U.TO's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTCC-U.TO | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.39% | 12.44% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 34.83% | 34.75% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.29% | 35.63% | +8.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.67% | 44.15% | +10.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.31% | 56.40% | -0.09% |
Frequently Asked Questions
BTCC-U.TO and BTC-USD have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BTCC-U.TO and BTC-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