BTDR vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and Bitcoin (BTC-USD).

Performance

BTDR vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

BTDR vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BTDR Bitdeer Technologies Group Class A Ordinary Shares	-16.68%	-48.27%	119.78%	-1.40%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	39.07%

Returns By Period

In the year-to-date period, BTDR achieves a -16.68% return, which is significantly higher than BTC-USD's -21.63% return.

BTDR

• 1D: 7.98%
• 1M: 20.21%
• YTD: -16.68%
• 6M: -48.11%
• 1Y: 4.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

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

Return for Risk

BTDR vs. BTC-USD — Risk / Return Rank

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

BTDR

BTDR Risk / Return Rank: 45
BTDR Sharpe Ratio Rank: 42
BTDR Sortino Ratio Rank: 51
BTDR Omega Ratio Rank: 47
BTDR Calmar Ratio Rank: 42
BTDR Martin Ratio Rank: 42

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

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.

BTDR vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitdeer Technologies Group Class A Ordinary Shares (BTDR) 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.

	BTDR	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	0.04	-0.44	+0.48
Sortino ratio Return per unit of downside risk	0.84	-0.38	+1.22
Omega ratio Gain probability vs. loss probability	1.10	0.96	+0.14
Calmar ratio Return relative to maximum drawdown	0.08	-1.11	+1.19
Martin ratio Return relative to average drawdown	0.15	-1.99	+2.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTDR vs. BTC-USD - Sharpe Ratio Comparison

The current BTDR Sharpe Ratio is 0.04, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of BTDR and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BTDR	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.04	-0.44	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.05	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	1.19	-1.21

Correlation

The correlation between BTDR and BTC-USD is 0.36, 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.

Drawdowns

BTDR vs. BTC-USD - Drawdown Comparison

The maximum BTDR drawdown since its inception was -79.52%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BTDR and BTC-USD.

Drawdown Indicators

	BTDR	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-79.52%	-85.30%	+5.78%
Max Drawdown (1Y) Largest decline over 1 year	-71.89%	-49.65%	-22.24%
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-64.21%	-45.02%	-19.19%
Average Drawdown Average peak-to-trough decline	-43.44%	-41.99%	-1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.05%	27.60%	+10.45%

Volatility

BTDR vs. BTC-USD - Volatility Comparison

Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a higher volatility of 26.97% compared to Bitcoin (BTC-USD) at 13.58%. This indicates that BTDR'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.

Volatility by Period

	BTDR	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.97%	13.58%	+13.39%
Volatility (6M) Calculated over the trailing 6-month period	78.74%	35.98%	+42.76%
Volatility (1Y) Calculated over the trailing 1-year period	103.94%	36.76%	+67.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.03%	46.90%	+77.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.03%	56.70%	+67.33%