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BTCT vs. ETH-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

BTCT vs. ETH-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BTC Digital Ltd. (BTCT) and Ethereum (ETH-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BTCT achieves a -12.31% return, which is significantly higher than ETH-USD's -47.34% return.


BTCT

1D
-5.00%
1M
0.00%
YTD
-12.31%
6M
-33.72%
1Y
-62.50%
3Y*
-33.84%
5Y*
-71.38%
10Y*

ETH-USD

1D
-3.54%
1M
-24.55%
YTD
-47.34%
6M
-46.17%
1Y
-35.44%
3Y*
-5.63%
5Y*
-3.10%
10Y*
60.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTCT vs. ETH-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
BTCT
BTC Digital Ltd.
-12.31%-72.80%-0.83%37.40%-97.67%-87.48%-88.89%
ETH-USD
Ethereum
-47.34%-10.91%46.00%90.84%-67.48%398.30%457.49%

Correlation

The correlation between BTCT and ETH-USD is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.25

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2020

0.21

Over the past year, BTCT and ETH-USD have become more correlated (0.47) than their long-term average of 0.21, meaning their price movements have been converging.

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Return for Risk

BTCT vs. ETH-USD — Risk / Return Rank

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

BTCT
BTCT Risk / Return Rank: 1212
Overall Rank
BTCT Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
BTCT Sortino Ratio Rank: 99
Sortino Ratio Rank
BTCT Omega Ratio Rank: 1212
Omega Ratio Rank
BTCT Calmar Ratio Rank: 1010
Calmar Ratio Rank
BTCT Martin Ratio Rank: 2020
Martin Ratio Rank

ETH-USD
ETH-USD Risk / Return Rank: 7070
Overall Rank
ETH-USD Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
ETH-USD Sortino Ratio Rank: 6666
Sortino Ratio Rank
ETH-USD Omega Ratio Rank: 6666
Omega Ratio Rank
ETH-USD Calmar Ratio Rank: 7676
Calmar Ratio Rank
ETH-USD Martin Ratio Rank: 7575
Martin Ratio Rank
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.

BTCT vs. ETH-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BTC Digital Ltd. (BTCT) and Ethereum (ETH-USD). 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.


BTCTETH-USDDifference
Sharpe ratioReturn per unit of total volatility

-0.26

Sortino ratioReturn per unit of downside risk

-0.81

Omega ratioGain probability vs. loss probability

0.87

0.95

-0.09

Calmar ratioReturn relative to maximum drawdown

-0.84

-0.52

-0.32

Martin ratioReturn relative to average drawdown

-1.09

-0.87

-0.23

BTCT vs. ETH-USD - Sharpe Ratio Comparison

The current BTCT Sharpe Ratio is -0.79, which is lower than the ETH-USD Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of BTCT and ETH-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BTCT vs. ETH-USD - Drawdown Comparison

The maximum BTCT drawdown since its inception was -99.99%, which is greater than ETH-USD's maximum drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for BTCT and ETH-USD.


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Drawdown Indicators


BTCTETH-USDDifference

Max Drawdown

Largest peak-to-trough decline

-99.99%

-94.01%

-5.98%

Max Drawdown (1Y)

Largest decline over 1 year

-74.59%

-67.66%

-6.93%

Max Drawdown (3Y)

Largest decline over 3 years

-94.53%

-67.66%

-26.87%

Max Drawdown (5Y)

Largest decline over 5 years

-99.82%

-79.35%

-20.47%

Max Drawdown (10Y)

Largest decline over 10 years

-94.01%

Current Drawdown

Current decline from peak

-99.99%

-67.66%

-32.33%

Average Drawdown

Average peak-to-trough decline

-94.85%

-50.93%

-43.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

57.19%

41.50%

+15.69%

Volatility

BTCT vs. ETH-USD - Volatility Comparison

BTC Digital Ltd. (BTCT) has a higher volatility of 26.56% compared to Ethereum (ETH-USD) at 18.39%. This indicates that BTCT's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTCTETH-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

26.56%

18.39%

+8.17%

Volatility (6M)

Calculated over the trailing 6-month period

55.05%

46.39%

+8.66%

Volatility (1Y)

Calculated over the trailing 1-year period

79.25%

55.72%

+23.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

186.76%

59.09%

+127.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

173.99%

77.04%

+96.95%

Frequently Asked Questions


BTCT and ETH-USD have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTCT has higher volatility (26.56%) compared to ETH-USD (18.39%). In terms of maximum drawdown, BTCT dropped -99.99% vs ETH-USD's -94.01%.

ETH-USD currently has the higher Sharpe Ratio (-0.53 vs -0.79), 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.

Portfolio Optimizer

Find the right allocation for BTCT and ETH-USD

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