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BTG-USD vs. MIOTA-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


BTG-USDMIOTA-USD
YTD Return31.85%-52.85%
1Y Return76.85%-26.75%
3Y Return (Ann)-24.33%-51.54%
5Y Return (Ann)27.29%-10.76%
Sharpe Ratio-0.46-0.88
Sortino Ratio-0.31-1.48
Omega Ratio0.970.86
Calmar Ratio0.010.00
Martin Ratio-0.69-1.23
Ulcer Index52.48%56.95%
Daily Std Dev69.70%81.16%
Max Drawdown-98.91%-98.08%
Current Drawdown-93.73%-97.27%

Correlation

-0.50.00.51.00.6

The correlation between BTG-USD and MIOTA-USD is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BTG-USD vs. MIOTA-USD - Performance Comparison

In the year-to-date period, BTG-USD achieves a 31.85% return, which is significantly higher than MIOTA-USD's -52.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-12.40%
-26.94%
BTG-USD
MIOTA-USD

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Risk-Adjusted Performance

BTG-USD vs. MIOTA-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin Gold (BTG-USD) and IOTA (MIOTA-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
Sharpe ratio
The chart of Sharpe ratio for BTG-USD, currently valued at -0.46, compared to the broader market-0.500.000.501.001.50-0.46
Sortino ratio
The chart of Sortino ratio for BTG-USD, currently valued at -0.31, compared to the broader market-1.000.001.002.00-0.31
Omega ratio
The chart of Omega ratio for BTG-USD, currently valued at 0.97, compared to the broader market0.901.001.101.200.97
Calmar ratio
The chart of Calmar ratio for BTG-USD, currently valued at 0.01, compared to the broader market0.200.400.600.801.001.200.01
Martin ratio
The chart of Martin ratio for BTG-USD, currently valued at -0.69, compared to the broader market0.002.004.006.008.0010.00-0.69
MIOTA-USD
Sharpe ratio
The chart of Sharpe ratio for MIOTA-USD, currently valued at -0.87, compared to the broader market-0.500.000.501.001.50-0.87
Sortino ratio
The chart of Sortino ratio for MIOTA-USD, currently valued at -1.47, compared to the broader market-1.000.001.002.00-1.47
Omega ratio
The chart of Omega ratio for MIOTA-USD, currently valued at 0.86, compared to the broader market0.901.001.101.200.86
Calmar ratio
The chart of Calmar ratio for MIOTA-USD, currently valued at 0.00, compared to the broader market0.200.400.600.801.001.200.00
Martin ratio
The chart of Martin ratio for MIOTA-USD, currently valued at -1.22, compared to the broader market0.002.004.006.008.0010.00-1.22

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

The current BTG-USD Sharpe Ratio is -0.46, which is higher than the MIOTA-USD Sharpe Ratio of -0.88. The chart below compares the historical Sharpe Ratios of BTG-USD and MIOTA-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.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
-0.46
-0.87
BTG-USD
MIOTA-USD

Drawdowns

BTG-USD vs. MIOTA-USD - Drawdown Comparison

The maximum BTG-USD drawdown since its inception was -98.91%, roughly equal to the maximum MIOTA-USD drawdown of -98.08%. Use the drawdown chart below to compare losses from any high point for BTG-USD and MIOTA-USD. For additional features, visit the drawdowns tool.


-98.00%-97.00%-96.00%-95.00%-94.00%-93.00%-92.00%JuneJulyAugustSeptemberOctoberNovember
-93.73%
-97.27%
BTG-USD
MIOTA-USD

Volatility

BTG-USD vs. MIOTA-USD - Volatility Comparison

The current volatility for Bitcoin Gold (BTG-USD) is 18.83%, while IOTA (MIOTA-USD) has a volatility of 22.29%. This indicates that BTG-USD experiences smaller price fluctuations and is considered to be less risky than MIOTA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
18.83%
22.29%
BTG-USD
MIOTA-USD