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

Key characteristics


BTCE.DESHY
YTD Return51.91%1.08%
1Y Return114.70%4.19%
3Y Return (Ann)27.83%0.20%
Sharpe Ratio2.452.11
Daily Std Dev44.16%1.93%
Max Drawdown-74.62%-5.71%
Current Drawdown-10.91%0.00%

Correlation

-0.50.00.51.0-0.0

The correlation between BTCE.DE and SHY is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

BTCE.DE vs. SHY - Performance Comparison

In the year-to-date period, BTCE.DE achieves a 51.91% return, which is significantly higher than SHY's 1.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%500.00%600.00%2024FebruaryMarchAprilMayJune
520.53%
0.65%
BTCE.DE
SHY

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ETC Group Physical Bitcoin

iShares 1-3 Year Treasury Bond ETF

BTCE.DE vs. SHY - Expense Ratio Comparison

BTCE.DE has a 2.00% expense ratio, which is higher than SHY's 0.15% expense ratio.


BTCE.DE
ETC Group Physical Bitcoin
Expense ratio chart for BTCE.DE: current value at 2.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.00%
Expense ratio chart for SHY: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for ETC Group Physical Bitcoin (BTCE.DE) and iShares 1-3 Year Treasury Bond ETF (SHY). 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 market0.0020.0040.0060.0080.00100.0011.84
SHY
Sharpe ratio
The chart of Sharpe ratio for SHY, currently valued at 2.25, compared to the broader market0.002.004.006.002.25
Sortino ratio
The chart of Sortino ratio for SHY, currently valued at 3.62, compared to the broader market0.005.0010.003.62
Omega ratio
The chart of Omega ratio for SHY, currently valued at 1.45, compared to the broader market0.501.001.502.002.503.003.501.45
Calmar ratio
The chart of Calmar ratio for SHY, currently valued at 1.10, compared to the broader market0.005.0010.0015.0020.001.10
Martin ratio
The chart of Martin ratio for SHY, currently valued at 14.63, compared to the broader market0.0020.0040.0060.0080.00100.0014.63

BTCE.DE vs. SHY - Sharpe Ratio Comparison

The current BTCE.DE Sharpe Ratio is 2.45, which roughly equals the SHY Sharpe Ratio of 2.11. The chart below compares the 12-month rolling Sharpe Ratio of BTCE.DE and SHY.


Rolling 12-month Sharpe Ratio1.002.003.004.002024FebruaryMarchAprilMayJune
2.45
2.25
BTCE.DE
SHY

Dividends

BTCE.DE vs. SHY - Dividend Comparison

BTCE.DE has not paid dividends to shareholders, while SHY's dividend yield for the trailing twelve months is around 3.49%.


TTM20232022202120202019201820172016201520142013
BTCE.DE
ETC Group Physical Bitcoin
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SHY
iShares 1-3 Year Treasury Bond ETF
3.49%2.99%1.30%0.26%0.94%2.12%1.72%0.98%0.71%0.54%0.36%0.26%

Drawdowns

BTCE.DE vs. SHY - Drawdown Comparison

The maximum BTCE.DE drawdown since its inception was -74.62%, which is greater than SHY's maximum drawdown of -5.71%. Use the drawdown chart below to compare losses from any high point for BTCE.DE and SHY. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%2024FebruaryMarchAprilMayJune
-12.80%
0
BTCE.DE
SHY

Volatility

BTCE.DE vs. SHY - Volatility Comparison

ETC Group Physical Bitcoin (BTCE.DE) has a higher volatility of 9.86% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.46%. This indicates that BTCE.DE's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%2024FebruaryMarchAprilMayJune
9.86%
0.46%
BTCE.DE
SHY