BTCO vs. CRWD
BTCO (Invesco Galaxy Bitcoin ETF) is Cryptocurrency fund tracking the Lukka Prime Reference Bitcoin Rate, while CRWD (CrowdStrike Holdings, Inc.) is a stock. Over the past year, BTCO returned -39.40% vs 40.64% for CRWD. At a 0.28 correlation, their price movements are largely independent.
Performance
BTCO vs. CRWD - Performance Comparison
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Returns By Period
In the year-to-date period, BTCO achieves a -27.65% return, which is significantly lower than CRWD's 40.54% return.
BTCO
- 1D
- 5.10%
- 1M
- -20.91%
- YTD
- -27.65%
- 6M
- -30.32%
- 1Y
- -39.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRWD
- 1D
- -1.82%
- 1M
- 24.83%
- YTD
- 40.54%
- 6M
- 27.87%
- 1Y
- 40.64%
- 3Y*
- 63.94%
- 5Y*
- 25.22%
- 10Y*
- —
BTCO vs. CRWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTCO Invesco Galaxy Bitcoin ETF | -27.65% | -6.58% | 100.54% |
CRWD CrowdStrike Holdings, Inc. | 40.54% | 37.00% | 20.26% |
Correlation
The correlation between BTCO and CRWD is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.28 |
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Return for Risk
BTCO vs. CRWD — Risk / Return Rank
BTCO
CRWD
BTCO vs. CRWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Galaxy Bitcoin ETF (BTCO) and CrowdStrike Holdings, Inc. (CRWD). 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.
| BTCO | CRWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.70 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.19 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 1.10 | -1.86 |
| Martin ratioReturn relative to average drawdown | -1.36 | 2.52 | -3.88 |
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
| BTCO | CRWD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 0.91 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.75 | -0.47 |
Drawdowns
BTCO vs. CRWD - Drawdown Comparison
The maximum BTCO drawdown since its inception was -52.05%, smaller than the maximum CRWD drawdown of -67.69%. Use the drawdown chart below to compare losses from any high point for BTCO and CRWD.
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Drawdown Indicators
| BTCO | CRWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.05% | -67.69% | +15.64% |
Max Drawdown (1Y)Largest decline over 1 year | -52.05% | -37.18% | -14.87% |
Max Drawdown (3Y)Largest decline over 3 years | — | -44.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -67.69% | — |
Current DrawdownCurrent decline from peak | -49.60% | -15.77% | -33.83% |
Average DrawdownAverage peak-to-trough decline | -16.12% | -23.64% | +7.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.93% | 16.18% | +12.75% |
Volatility
BTCO vs. CRWD - Volatility Comparison
The current volatility for Invesco Galaxy Bitcoin ETF (BTCO) is 11.78%, while CrowdStrike Holdings, Inc. (CRWD) has a volatility of 17.60%. This indicates that BTCO experiences smaller price fluctuations and is considered to be less risky than CRWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTCO | CRWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.78% | 17.60% | -5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 34.52% | 37.02% | -2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 45.06% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.90% | 50.79% | -0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.90% | 55.99% | -6.09% |
Dividends
BTCO vs. CRWD - Dividend Comparison
Neither BTCO nor CRWD has paid dividends to shareholders.
Frequently Asked Questions
BTCO and CRWD have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRWD has higher volatility (17.60%) compared to BTCO (11.78%). In terms of maximum drawdown, BTCO dropped -52.05% vs CRWD's -67.69%.
CRWD currently has the higher Sharpe Ratio (0.91 vs -0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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