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BTCE.DE vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


BTCE.DEBTC-USD
YTD Return51.91%49.49%
1Y Return106.28%106.82%
3Y Return (Ann)24.39%22.18%
Sharpe Ratio2.454.55
Daily Std Dev44.16%38.91%
Max Drawdown-74.62%-93.07%
Current Drawdown-10.91%-13.55%

Correlation

-0.50.00.51.00.5

The correlation between BTCE.DE and BTC-USD is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BTCE.DE vs. BTC-USD - Performance Comparison

The year-to-date returns for both stocks are quite close, with BTCE.DE having a 51.91% return and BTC-USD slightly lower at 49.49%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%2024FebruaryMarchAprilMayJune
44.80%
46.88%
BTCE.DE
BTC-USD

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ETC Group Physical Bitcoin

Bitcoin

Risk-Adjusted Performance

BTCE.DE vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETC Group Physical Bitcoin (BTCE.DE) 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.


BTCE.DE
Sharpe ratio
The chart of Sharpe ratio for BTCE.DE, currently valued at 5.03, compared to the broader market0.002.004.006.005.03
Sortino ratio
The chart of Sortino ratio for BTCE.DE, currently valued at 4.99, compared to the broader market0.005.0010.004.99
Omega ratio
The chart of Omega ratio for BTCE.DE, currently valued at 1.59, compared to the broader market0.501.001.502.002.503.003.501.59
Calmar ratio
The chart of Calmar ratio for BTCE.DE, currently valued at 2.57, compared to the broader market0.005.0010.0015.0020.002.57
Martin ratio
The chart of Martin ratio for BTCE.DE, currently valued at 33.15, compared to the broader market0.0020.0040.0060.0080.00100.00120.0033.15
BTC-USD
Sharpe ratio
The chart of Sharpe ratio for BTC-USD, currently valued at 4.55, compared to the broader market0.002.004.006.004.55
Sortino ratio
The chart of Sortino ratio for BTC-USD, currently valued at 4.30, compared to the broader market0.005.0010.004.30
Omega ratio
The chart of Omega ratio for BTC-USD, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.003.501.47
Calmar ratio
The chart of Calmar ratio for BTC-USD, currently valued at 2.59, compared to the broader market0.005.0010.0015.0020.002.59
Martin ratio
The chart of Martin ratio for BTC-USD, currently valued at 32.18, compared to the broader market0.0020.0040.0060.0080.00100.00120.0032.18

BTCE.DE vs. BTC-USD - Sharpe Ratio Comparison

The current BTCE.DE Sharpe Ratio is 2.45, which is lower than the BTC-USD Sharpe Ratio of 4.55. The chart below compares the 12-month rolling Sharpe Ratio of BTCE.DE and BTC-USD.


Rolling 12-month Sharpe Ratio2.003.004.005.006.007.002024FebruaryMarchAprilMayJune
5.03
4.55
BTCE.DE
BTC-USD

Drawdowns

BTCE.DE vs. BTC-USD - Drawdown Comparison

The maximum BTCE.DE drawdown since its inception was -74.62%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BTCE.DE and BTC-USD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%2024FebruaryMarchAprilMayJune
-12.80%
-13.55%
BTCE.DE
BTC-USD

Volatility

BTCE.DE vs. BTC-USD - Volatility Comparison

ETC Group Physical Bitcoin (BTCE.DE) has a higher volatility of 9.79% compared to Bitcoin (BTC-USD) at 7.16%. This indicates that BTCE.DE'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.


10.00%15.00%20.00%25.00%2024FebruaryMarchAprilMayJune
9.79%
7.16%
BTCE.DE
BTC-USD