BTCTW vs. BTC-USD
Compare and contrast key facts about BTC Digital Ltd. (BTCTW) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCTW or BTC-USD.
Key characteristics
| BTCTW | BTC-USD | |
|---|---|---|
| YTD Return | -18.09% | 45.63% |
| 1Y Return | -20.55% | 126.36% |
| 3Y Return (Ann) | -51.39% | 9.50% |
| Sharpe Ratio | -0.07 | 4.96 |
| Daily Std Dev | 498.67% | 39.19% |
| Max Drawdown | -98.46% | -93.07% |
| Current Drawdown | -96.77% | -15.78% |
Correlation
The correlation between BTCTW and BTC-USD is 0.03, 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
BTCTW vs. BTC-USD - Performance Comparison
In the year-to-date period, BTCTW achieves a -18.09% return, which is significantly lower than BTC-USD's 45.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BTCTW vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BTC Digital Ltd. (BTCTW) and Bitcoin (BTC-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.
Drawdowns
BTCTW vs. BTC-USD - Drawdown Comparison
The maximum BTCTW drawdown since its inception was -98.46%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BTCTW and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BTCTW vs. BTC-USD - Volatility Comparison
BTC Digital Ltd. (BTCTW) has a higher volatility of 55.97% compared to Bitcoin (BTC-USD) at 14.14%. This indicates that BTCTW's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.