BTG-USD vs. BTC-USD
BTG-USD (Bitcoin Gold) and BTC-USD (Bitcoin) are both cryptocurrencies. Over the past 5 years, BTG-USD returned -63.70%/yr vs 13.04%/yr for BTC-USD. At a 0.49 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 -66.35% return, which is significantly lower than BTC-USD's -31.91% return.
BTG-USD
- 1D
- -15.79%
- 1M
- -17.25%
- YTD
- -66.35%
- 6M
- -53.17%
- 1Y
- -89.72%
- 3Y*
- -75.60%
- 5Y*
- -63.70%
- 10Y*
- —
BTC-USD
- 1D
- -2.31%
- 1M
- -21.43%
- YTD
- -31.91%
- 6M
- -31.66%
- 1Y
- -44.53%
- 3Y*
- 25.32%
- 5Y*
- 13.04%
- 10Y*
- 56.92%
BTG-USD vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTG-USD Bitcoin Gold | -66.35% | -92.37% | -56.73% | 85.84% | -70.99% | 382.62% | 56.48% | -57.33% | -94.85% | 55.62% |
BTC-USD Bitcoin | -31.91% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 130.86% |
Correlation
The correlation between BTG-USD and BTC-USD is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017 | 0.49 |
Over the past year, the correlation between BTG-USD and BTC-USD has dropped to 0.02 - well below their long-term average of 0.49, 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BTG-USD | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +8.62 | ||
| Omega ratioGain probability vs. loss probability | 1.75 | 0.84 | +0.91 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.85 | -0.10 |
| Martin ratioReturn relative to average drawdown | -1.21 | -1.45 | +0.24 |
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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 | -94.51% | -52.23% | -42.28% |
Max Drawdown (3Y)Largest decline over 3 years | -99.71% | -52.23% | -47.48% |
Max Drawdown (5Y)Largest decline over 5 years | -99.79% | -76.67% | -23.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -99.95% | -52.23% | -47.72% |
Average DrawdownAverage peak-to-trough decline | -93.35% | -42.42% | -50.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 64.83% | 31.57% | +33.26% |
Volatility
BTG-USD vs. BTC-USD - Volatility Comparison
Bitcoin Gold (BTG-USD) has a higher volatility of 163.94% compared to Bitcoin (BTC-USD) at 12.44%. 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 | 163.94% | 12.44% | +151.50% |
Volatility (6M)Calculated over the trailing 6-month period | 593.78% | 34.75% | +559.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 779.18% | 35.63% | +743.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 379.36% | 44.15% | +335.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.58% | 56.40% | +245.18% |
Frequently Asked Questions
BTG-USD and BTC-USD have a correlation of 0.02, 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 (163.94%) compared to BTC-USD (12.44%). In terms of maximum drawdown, BTG-USD dropped -99.96% vs BTC-USD's -85.30%.
BTG-USD currently has the higher Sharpe Ratio (-0.10 vs -1.04), 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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