PortfoliosLab logoPortfoliosLab logo
BTG-USD vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

BTG-USD vs. BTC-USD - Performance Comparison

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

Loading charts...

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

BTG-USD vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Return for Risk

BTG-USD vs. BTC-USD — Risk / Return Rank

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

BTG-USD
BTG-USD Risk / Return Rank: 8080
Overall Rank
BTG-USD Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
BTG-USD Sortino Ratio Rank: 9999
Sortino Ratio Rank
BTG-USD Omega Ratio Rank: 9999
Omega Ratio Rank
BTG-USD Calmar Ratio Rank: 5151
Calmar Ratio Rank
BTG-USD Martin Ratio Rank: 6767
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 3030
Overall Rank
BTC-USD Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4848
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 2222
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.

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-USDBTC-USDDifference
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

BTG-USD vs. BTC-USD - Sharpe Ratio Comparison

The current BTG-USD Sharpe Ratio is -0.07, which is higher than the BTC-USD Sharpe Ratio of -0.93. The chart below compares the historical Sharpe Ratios of BTG-USD and BTC-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.


Loading charts...

Sharpe Ratios by Period


BTG-USDBTC-USDDifference

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.


Loading charts...

Drawdown Indicators


BTG-USDBTC-USDDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-99.95%

-50.87%

-49.08%

Average Drawdown

Average peak-to-trough decline

-93.34%

-42.29%

-51.05%

Ulcer Index

Depth 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.


Loading charts...

Volatility by Period


BTG-USDBTC-USDDifference

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.

Portfolio Optimizer

Find the right allocation for BTG-USD and BTC-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer