BTCO vs. MARA
Compare and contrast key facts about Invesco Galaxy Bitcoin ETF (BTCO) and Marathon Digital Holdings, Inc. (MARA).
BTCO is a passively managed fund by Invesco that tracks the performance of the Lukka Prime Reference Bitcoin Rate. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCO or MARA.
Correlation
The correlation between BTCO and MARA is 0.66, 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
BTCO vs. MARA - Performance Comparison
Key characteristics
BTCO:
1.73
MARA:
-0.34
BTCO:
2.40
MARA:
0.11
BTCO:
1.28
MARA:
1.01
BTCO:
3.53
MARA:
-0.38
BTCO:
8.02
MARA:
-0.89
BTCO:
12.03%
MARA:
38.50%
BTCO:
55.62%
MARA:
100.00%
BTCO:
-27.35%
MARA:
-99.74%
BTCO:
-8.65%
MARA:
-89.08%
Returns By Period
In the year-to-date period, BTCO achieves a 4.19% return, which is significantly higher than MARA's 0.78% return.
BTCO
4.19%
-7.11%
64.70%
87.14%
N/A
N/A
MARA
0.78%
-15.12%
2.80%
-37.27%
74.04%
-17.33%
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Risk-Adjusted Performance
BTCO vs. MARA — Risk-Adjusted Performance Rank
BTCO
MARA
BTCO vs. MARA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Galaxy Bitcoin ETF (BTCO) 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.
Dividends
BTCO vs. MARA - Dividend Comparison
Neither BTCO nor MARA has paid dividends to shareholders.
Drawdowns
BTCO vs. MARA - Drawdown Comparison
The maximum BTCO drawdown since its inception was -27.35%, smaller than the maximum MARA drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for BTCO and MARA. For additional features, visit the drawdowns tool.
Volatility
BTCO vs. MARA - Volatility Comparison
The current volatility for Invesco Galaxy Bitcoin ETF (BTCO) is 9.30%, while Marathon Digital Holdings, Inc. (MARA) has a volatility of 16.25%. This indicates that BTCO 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.