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BTCE.DE vs. MARA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BTCE.DEMARA
YTD Return51.91%-18.22%
1Y Return114.70%62.38%
3Y Return (Ann)27.83%-11.13%
Sharpe Ratio2.450.53
Daily Std Dev44.16%108.60%
Max Drawdown-74.62%-99.83%
Current Drawdown-10.91%-91.79%

Correlation

-0.50.00.51.00.5

The correlation between BTCE.DE and MARA is 0.51, 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. MARA - Performance Comparison

In the year-to-date period, BTCE.DE achieves a 51.91% return, which is significantly higher than MARA's -18.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%60.00%2024FebruaryMarchAprilMayJune
44.80%
-28.08%
BTCE.DE
MARA

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ETC Group Physical Bitcoin

Marathon Digital Holdings, Inc.

Risk-Adjusted Performance

BTCE.DE vs. MARA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETC Group Physical Bitcoin (BTCE.DE) and Marathon Digital Holdings, Inc. (MARA). 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 2.45, compared to the broader market0.002.004.006.002.45
Sortino ratio
The chart of Sortino ratio for BTCE.DE, currently valued at 3.19, compared to the broader market0.005.0010.003.19
Omega ratio
The chart of Omega ratio for BTCE.DE, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.003.501.39
Calmar ratio
The chart of Calmar ratio for BTCE.DE, currently valued at 1.68, compared to the broader market0.005.0010.0015.0020.001.68
Martin ratio
The chart of Martin ratio for BTCE.DE, currently valued at 11.84, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.84
MARA
Sharpe ratio
The chart of Sharpe ratio for MARA, currently valued at 0.36, compared to the broader market0.002.004.006.000.36
Sortino ratio
The chart of Sortino ratio for MARA, currently valued at 1.34, compared to the broader market0.005.0010.001.34
Omega ratio
The chart of Omega ratio for MARA, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.003.501.16
Calmar ratio
The chart of Calmar ratio for MARA, currently valued at 0.43, compared to the broader market0.005.0010.0015.0020.000.43
Martin ratio
The chart of Martin ratio for MARA, currently valued at 1.02, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.02

BTCE.DE vs. MARA - Sharpe Ratio Comparison

The current BTCE.DE Sharpe Ratio is 2.45, which is higher than the MARA Sharpe Ratio of 0.53. The chart below compares the 12-month rolling Sharpe Ratio of BTCE.DE and MARA.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.006.002024FebruaryMarchAprilMayJune
2.45
0.36
BTCE.DE
MARA

Dividends

BTCE.DE vs. MARA - Dividend Comparison

Neither BTCE.DE nor MARA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BTCE.DE vs. MARA - Drawdown Comparison

The maximum BTCE.DE drawdown since its inception was -74.62%, smaller than the maximum MARA drawdown of -99.83%. Use the drawdown chart below to compare losses from any high point for BTCE.DE and MARA. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%2024FebruaryMarchAprilMayJune
-12.80%
-74.75%
BTCE.DE
MARA

Volatility

BTCE.DE vs. MARA - Volatility Comparison

The current volatility for ETC Group Physical Bitcoin (BTCE.DE) is 9.86%, while Marathon Digital Holdings, Inc. (MARA) has a volatility of 15.29%. This indicates that BTCE.DE experiences smaller price fluctuations and is considered to be less risky than MARA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%2024FebruaryMarchAprilMayJune
9.86%
15.29%
BTCE.DE
MARA