BTCE.DE vs. 1QZ.DE
BTCE.DE (ETC Group Physical Bitcoin) is Cryptocurrency fund actively managed by ETC Issuance, while 1QZ.DE (Coinbase Global Inc) is a stock. Over the past 5 years, BTCE.DE returned 10.38%/yr vs -5.75%/yr for 1QZ.DE. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
BTCE.DE vs. 1QZ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BTCE.DE achieves a -27.02% return, which is significantly higher than 1QZ.DE's -29.17% return.
BTCE.DE
- 1D
- -3.79%
- 1M
- -21.28%
- YTD
- -27.02%
- 6M
- -31.67%
- 1Y
- -41.65%
- 3Y*
- 28.04%
- 5Y*
- 10.38%
- 10Y*
- —
1QZ.DE
- 1D
- -0.99%
- 1M
- -16.24%
- YTD
- -29.17%
- 6M
- -40.77%
- 1Y
- -36.94%
- 3Y*
- 36.59%
- 5Y*
- -5.75%
- 10Y*
- —
BTCE.DE vs. 1QZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BTCE.DE ETC Group Physical Bitcoin | -27.02% | -18.20% | 125.79% | 146.52% | -63.89% | -21.05% |
1QZ.DE Coinbase Global Inc | -29.17% | -20.08% | 47.81% | 425.54% | -85.64% | -19.57% |
Correlation
The correlation between BTCE.DE and 1QZ.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2021 | 0.65 |
The correlation between BTCE.DE and 1QZ.DE has been stable across timeframes, ranging from 0.65 to 0.70 - a consistent structural relationship.
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Return for Risk
BTCE.DE vs. 1QZ.DE — Risk / Return Rank
BTCE.DE
1QZ.DE
BTCE.DE vs. 1QZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETC Group Physical Bitcoin (BTCE.DE) and Coinbase Global Inc (1QZ.DE). 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.
| BTCE.DE | 1QZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.94 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | -0.54 | -0.29 |
| Martin ratioReturn relative to average drawdown | -1.46 | -0.89 | -0.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BTCE.DE | 1QZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.04 | -0.55 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | -0.07 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | -0.15 | +0.73 |
Drawdowns
BTCE.DE vs. 1QZ.DE - Drawdown Comparison
The maximum BTCE.DE drawdown since its inception was -74.62%, smaller than the maximum 1QZ.DE drawdown of -90.24%. Use the drawdown chart below to compare losses from any high point for BTCE.DE and 1QZ.DE.
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Drawdown Indicators
| BTCE.DE | 1QZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.62% | -90.24% | +15.62% |
Max Drawdown (1Y)Largest decline over 1 year | -49.76% | -68.09% | +18.33% |
Max Drawdown (3Y)Largest decline over 3 years | -49.76% | -68.09% | +18.33% |
Max Drawdown (5Y)Largest decline over 5 years | -74.62% | -90.24% | +15.62% |
Current DrawdownCurrent decline from peak | -49.27% | -62.01% | +12.74% |
Average DrawdownAverage peak-to-trough decline | -30.28% | -48.57% | +18.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.52% | 41.35% | -12.83% |
Volatility
BTCE.DE vs. 1QZ.DE - Volatility Comparison
The current volatility for ETC Group Physical Bitcoin (BTCE.DE) is 9.82%, while Coinbase Global Inc (1QZ.DE) has a volatility of 18.66%. This indicates that BTCE.DE experiences smaller price fluctuations and is considered to be less risky than 1QZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTCE.DE | 1QZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.82% | 18.66% | -8.84% |
Volatility (6M)Calculated over the trailing 6-month period | 31.25% | 48.57% | -17.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.81% | 67.15% | -27.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.58% | 82.78% | -30.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.85% | 82.47% | -24.62% |
Dividends
BTCE.DE vs. 1QZ.DE - Dividend Comparison
Neither BTCE.DE nor 1QZ.DE has paid dividends to shareholders.
Frequently Asked Questions
BTCE.DE and 1QZ.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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