BTCS vs. RIOT

Last updated Jun 24, 2026

BTCS (BTCS Inc.) and RIOT (Riot Platforms, Inc.) are both stocks. BTCS operates in Capital Markets (Financial Services), while RIOT operates in Software - Application (Technology). Over the past 10 years, BTCS returned -40.52%/yr vs 24.91%/yr for RIOT. At a 0.34 correlation, their price movements are largely independent.

Performance

BTCS vs. RIOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BTCS Inc. (BTCS) and Riot Platforms, Inc. (RIOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTCS achieves a -59.47% return, which is significantly lower than RIOT's 126.44% return. Over the past 10 years, BTCS has underperformed RIOT with an annualized return of -40.52%, while RIOT has yielded a comparatively higher 24.91% annualized return.

BTCS

• 1D: -3.60%
• 1M: -35.15%
• YTD: -59.47%
• 6M: -64.69%
• 1Y: -48.96%
• 3Y*: -4.70%
• 5Y*: -29.59%
• 10Y*: -40.52%

RIOT

• 1D: 0.21%
• 1M: 17.15%
• YTD: 126.44%
• 6M: 109.88%
• 1Y: 209.49%
• 3Y*: 35.24%
• 5Y*: -3.35%
• 10Y*: 24.91%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTCS vs. RIOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTCS BTCS Inc.	-59.47%	8.08%	51.53%	158.73%	-79.65%	65.26%	179.41%	-85.38%	-92.95%	144.44%
RIOT Riot Platforms, Inc.	126.44%	24.09%	-34.00%	356.34%	-84.82%	31.43%	1,416.96%	-25.83%	-94.68%	729.34%

Correlation

The correlation between BTCS and RIOT is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Mar 5, 2014	0.34

The correlation between BTCS and RIOT shifts across timeframes, from 0.34 (all time) to 0.54 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BTCS : $51.60M RIOT : $9.97B
EPS BTCS : -$1.97 RIOT : -$2.35
PS Ratio BTCS : 2.74 RIOT : 16.19
PB Ratio BTCS : 0.74 RIOT : 4.16
Total Revenue (TTM) BTCS : $16.95M RIOT : $653.27M
Gross Profit (TTM) BTCS : $2.90M RIOT : $179.76M
EBITDA (TTM) BTCS : -$65.04M RIOT : -$482.33M

Return for Risk

BTCS vs. RIOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTCS

BTCS Risk / Return Rank: 30
BTCS Sharpe Ratio Rank: 28
BTCS Sortino Ratio Rank: 37
BTCS Omega Ratio Rank: 37
BTCS Calmar Ratio Rank: 21
BTCS Martin Ratio Rank: 25

RIOT

RIOT Risk / Return Rank: 88
RIOT Sharpe Ratio Rank: 93
RIOT Sortino Ratio Rank: 87
RIOT Omega Ratio Rank: 85
RIOT Calmar Ratio Rank: 90
RIOT Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTCS vs. RIOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BTCS Inc. (BTCS) and Riot Platforms, Inc. (RIOT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BTCS	RIOT	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	2.52	-2.86
Sortino ratio: Return per unit of downside risk	0.24	2.78	-2.54
Omega ratio: Gain probability vs. loss probability	1.03	1.35	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.59	4.34	-4.93
Martin ratio: Return relative to average drawdown	-0.87	8.59	-9.46

BTCS vs. RIOT - Sharpe Ratio Comparison

The current BTCS Sharpe Ratio is -0.33, which is lower than the RIOT Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of BTCS and RIOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BTCS vs. RIOT - Drawdown Comparison

The maximum BTCS drawdown since its inception was -100.00%, roughly equal to the maximum RIOT drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for BTCS and RIOT.

Drawdown Indicators

	BTCS	RIOT	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-99.98%	-0.02%
Max Drawdown (1Y) Largest decline over 1 year	-83.53%	-48.57%	-34.96%
Max Drawdown (3Y) Largest decline over 3 years	-83.53%	-69.00%	-14.53%
Max Drawdown (5Y) Largest decline over 5 years	-92.94%	-92.55%	-0.39%
Max Drawdown (10Y) Largest decline over 10 years	-99.75%	-98.32%	-1.43%
Current Drawdown Current decline from peak	-100.00%	-99.10%	-0.90%
Average Drawdown Average peak-to-trough decline	-97.68%	-87.85%	-9.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	56.26%	24.49%	+31.77%

Volatility

BTCS vs. RIOT - Volatility Comparison

BTCS Inc. (BTCS) has a higher volatility of 20.13% compared to Riot Platforms, Inc. (RIOT) at 18.61%. This indicates that BTCS's price experiences larger fluctuations and is considered to be riskier than RIOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTCS	RIOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.13%	18.61%	+1.52%
Volatility (6M) Calculated over the trailing 6-month period	59.16%	60.82%	-1.66%
Volatility (1Y) Calculated over the trailing 1-year period	147.90%	83.62%	+64.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.44%	93.65%	+34.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	193.35%	112.18%	+81.17%

Dividends

BTCS vs. RIOT - Dividend Comparison

BTCS's dividend yield for the trailing twelve months is around 4.67%, while RIOT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTCS BTCS Inc.	4.67%	1.89%	0.00%	0.00%	7.94%	0.00%	0.00%	0.00%	0.00%	0.00%
RIOT Riot Platforms, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.52%

Financials

Frequently Asked Questions

Can I hold both BTCS and RIOT in my portfolio?

BTCS and RIOT have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BTCS or RIOT?

BTCS has higher volatility (20.13%) compared to RIOT (18.61%). In terms of maximum drawdown, BTCS dropped -100.00% vs RIOT's -99.98%.

Which has better risk-adjusted returns?

RIOT currently has the higher Sharpe Ratio (2.52 vs -0.33), 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.