BTG-USD vs. BTC-USD
BTG-USD (Bitcoin Gold) and BTC-USD (Bitcoin) are both cryptocurrencies. Over the past 5 years, BTG-USD returned -67.20%/yr vs 11.35%/yr for BTC-USD. At a 0.50 correlation, their price movements are largely independent.
Performance
BTG-USD vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, BTG-USD achieves a -69.73% return, which is significantly lower than BTC-USD's -29.97% return.
BTG-USD
- 1D
- -32.45%
- 1M
- -64.54%
- YTD
- -69.73%
- 6M
- -44.71%
- 1Y
- -69.06%
- 3Y*
- -73.49%
- 5Y*
- -67.20%
- 10Y*
- —
BTC-USD
- 1D
- -3.97%
- 1M
- -24.76%
- YTD
- -29.97%
- 6M
- -31.42%
- 1Y
- -39.67%
- 3Y*
- 31.02%
- 5Y*
- 11.35%
- 10Y*
- 59.37%
BTG-USD vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTG-USD Bitcoin Gold | -69.73% | -92.37% | -56.73% | 85.84% | -70.99% | 382.62% | 56.48% | -57.33% | -94.85% | 30.01% |
BTC-USD Bitcoin | -29.97% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 134.73% |
Correlation
The correlation between BTG-USD and BTC-USD is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2017 | 0.50 |
Over the past year, the correlation between BTG-USD and BTC-USD has dropped to 0.05 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
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Return for Risk
BTG-USD vs. BTC-USD — Risk / Return Rank
BTG-USD
BTC-USD
BTG-USD vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin Gold (BTG-USD) 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.
| BTG-USD | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +9.25 | ||
| Omega ratioGain probability vs. loss probability | 1.85 | 0.87 | +0.99 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.78 | +0.04 |
| Martin ratioReturn relative to average drawdown | -0.95 | -1.39 | +0.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BTG-USD | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | -0.93 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.21 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | 1.13 | -1.28 |
Drawdowns
BTG-USD vs. BTC-USD - Drawdown Comparison
The maximum BTG-USD drawdown since its inception was -99.96%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BTG-USD and BTC-USD.
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Drawdown Indicators
| BTG-USD | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.96% | -85.30% | -14.66% |
Max Drawdown (1Y)Largest decline over 1 year | -93.80% | -50.87% | -42.93% |
Max Drawdown (3Y)Largest decline over 3 years | -99.67% | -50.87% | -48.80% |
Max Drawdown (5Y)Largest decline over 5 years | -99.77% | -76.67% | -23.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -99.95% | -50.87% | -49.08% |
Average DrawdownAverage peak-to-trough decline | -93.34% | -42.29% | -51.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 64.69% | 34.02% | +30.67% |
Volatility
BTG-USD vs. BTC-USD - Volatility Comparison
Bitcoin Gold (BTG-USD) has a higher volatility of 117.63% compared to Bitcoin (BTC-USD) at 10.54%. This indicates that BTG-USD'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.
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Volatility by Period
| BTG-USD | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 117.63% | 10.54% | +107.09% |
Volatility (6M)Calculated over the trailing 6-month period | 594.15% | 34.26% | +559.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 792.69% | 35.65% | +757.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 376.47% | 44.98% | +331.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 300.06% | 56.70% | +243.36% |
Frequently Asked Questions
BTG-USD and BTC-USD have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTG-USD has higher volatility (117.63%) compared to BTC-USD (10.54%). In terms of maximum drawdown, BTG-USD dropped -99.96% vs BTC-USD's -85.30%.
BTG-USD currently has the higher Sharpe Ratio (-0.07 vs -0.93), 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.
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