BTCT vs. ^GSPC
Compare and contrast key facts about BTC Digital Ltd. (BTCT) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCT or ^GSPC.
Correlation
The correlation between BTCT and ^GSPC is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BTCT vs. ^GSPC - Performance Comparison
Key characteristics
BTCT:
0.09
^GSPC:
1.74
BTCT:
3.68
^GSPC:
2.36
BTCT:
1.46
^GSPC:
1.32
BTCT:
0.31
^GSPC:
2.62
BTCT:
0.60
^GSPC:
10.69
BTCT:
50.93%
^GSPC:
2.08%
BTCT:
351.88%
^GSPC:
12.76%
BTCT:
-99.72%
^GSPC:
-56.78%
BTCT:
-98.92%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, BTCT achieves a 5.86% return, which is significantly higher than ^GSPC's 4.01% return.
BTCT
5.86%
-35.04%
192.49%
36.76%
N/A
N/A
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BTCT vs. ^GSPC — Risk-Adjusted Performance Rank
BTCT
^GSPC
BTCT vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BTC Digital Ltd. (BTCT) and S&P 500 (^GSPC). 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.
Drawdowns
BTCT vs. ^GSPC - Drawdown Comparison
The maximum BTCT drawdown since its inception was -99.72%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BTCT and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BTCT vs. ^GSPC - Volatility Comparison
BTC Digital Ltd. (BTCT) has a higher volatility of 37.54% compared to S&P 500 (^GSPC) at 3.01%. This indicates that BTCT's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.