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

Correlation

The correlation between BTG-USD and MIOTA-USD is 0.21, 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.


Performance

BTG-USD vs. MIOTA-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

BTG-USD:

-0.39

MIOTA-USD:

-0.03

Sortino Ratio

BTG-USD:

-0.56

MIOTA-USD:

2.12

Omega Ratio

BTG-USD:

0.94

MIOTA-USD:

1.21

Calmar Ratio

BTG-USD:

0.01

MIOTA-USD:

0.74

Martin Ratio

BTG-USD:

-1.42

MIOTA-USD:

3.13

Ulcer Index

BTG-USD:

69.74%

MIOTA-USD:

42.84%

Daily Std Dev

BTG-USD:

207.97%

MIOTA-USD:

87.64%

Max Drawdown

BTG-USD:

-99.93%

MIOTA-USD:

-98.08%

Current Drawdown

BTG-USD:

-99.84%

MIOTA-USD:

-95.77%

Returns By Period

In the year-to-date period, BTG-USD achieves a -92.29% return, which is significantly lower than MIOTA-USD's -19.11% return.


BTG-USD

YTD

-92.29%

1M

29.75%

6M

-97.80%

1Y

-98.13%

3Y*

-66.19%

5Y*

-39.09%

10Y*

N/A

MIOTA-USD

YTD

-19.11%

1M

34.62%

6M

36.10%

1Y

-2.84%

3Y*

-13.55%

5Y*

2.27%

10Y*

N/A

*Annualized

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Bitcoin Gold

IOTA

Risk-Adjusted Performance

BTG-USD vs. MIOTA-USD — Risk-Adjusted Performance Rank

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

BTG-USD
The Risk-Adjusted Performance Rank of BTG-USD is 1717
Overall Rank
The Sharpe Ratio Rank of BTG-USD is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of BTG-USD is 11
Sortino Ratio Rank
The Omega Ratio Rank of BTG-USD is 00
Omega Ratio Rank
The Calmar Ratio Rank of BTG-USD is 3535
Calmar Ratio Rank
The Martin Ratio Rank of BTG-USD is 22
Martin Ratio Rank

MIOTA-USD
The Risk-Adjusted Performance Rank of MIOTA-USD is 7878
Overall Rank
The Sharpe Ratio Rank of MIOTA-USD is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of MIOTA-USD is 8080
Sortino Ratio Rank
The Omega Ratio Rank of MIOTA-USD is 8080
Omega Ratio Rank
The Calmar Ratio Rank of MIOTA-USD is 8181
Calmar Ratio Rank
The Martin Ratio Rank of MIOTA-USD is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current BTG-USD Sharpe Ratio is -0.39, which is lower than the MIOTA-USD Sharpe Ratio of -0.03. 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.


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Drawdowns

BTG-USD vs. MIOTA-USD - Drawdown Comparison

The maximum BTG-USD drawdown since its inception was -99.93%, 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.


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Volatility

BTG-USD vs. MIOTA-USD - Volatility Comparison

Bitcoin Gold (BTG-USD) has a higher volatility of 68.56% compared to IOTA (MIOTA-USD) at 25.17%. This indicates that BTG-USD's price experiences larger fluctuations and is considered to be riskier than MIOTA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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