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

Correlation

The correlation between BTG-USD and VOO is 0.18, 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.


-0.50.00.51.00.2

Performance

BTG-USD vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin Gold (BTG-USD) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
-26.21%
8.89%
BTG-USD
VOO

Key characteristics

Sharpe Ratio

BTG-USD:

-0.86

VOO:

2.21

Sortino Ratio

BTG-USD:

-1.41

VOO:

2.93

Omega Ratio

BTG-USD:

0.85

VOO:

1.41

Calmar Ratio

BTG-USD:

0.01

VOO:

3.25

Martin Ratio

BTG-USD:

-2.14

VOO:

14.47

Ulcer Index

BTG-USD:

32.52%

VOO:

1.90%

Daily Std Dev

BTG-USD:

77.12%

VOO:

12.43%

Max Drawdown

BTG-USD:

-98.91%

VOO:

-33.99%

Current Drawdown

BTG-USD:

-96.00%

VOO:

-2.87%

Returns By Period

In the year-to-date period, BTG-USD achieves a -15.99% return, which is significantly lower than VOO's 25.49% return.


BTG-USD

YTD

-15.99%

1M

-44.70%

6M

-26.21%

1Y

9.66%

5Y*

27.41%

10Y*

N/A

VOO

YTD

25.49%

1M

0.01%

6M

8.65%

1Y

27.45%

5Y*

14.70%

10Y*

13.04%

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Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for Bitcoin Gold (BTG-USD) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for BTG-USD, currently valued at -0.86, compared to the broader market0.001.002.003.004.005.00-0.861.88
The chart of Sortino ratio for BTG-USD, currently valued at -1.41, compared to the broader market-1.000.001.002.003.004.00-1.412.47
The chart of Omega ratio for BTG-USD, currently valued at 0.85, compared to the broader market0.901.001.101.201.301.401.500.851.36
The chart of Calmar ratio for BTG-USD, currently valued at 0.01, compared to the broader market1.002.003.004.000.010.86
The chart of Martin ratio for BTG-USD, currently valued at -2.14, compared to the broader market0.0010.0020.0030.0040.00-2.1412.69
BTG-USD
VOO

The current BTG-USD Sharpe Ratio is -0.86, which is lower than the VOO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of BTG-USD and VOO, 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-1.000.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
-0.86
1.88
BTG-USD
VOO

Drawdowns

BTG-USD vs. VOO - Drawdown Comparison

The maximum BTG-USD drawdown since its inception was -98.91%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BTG-USD and VOO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-96.00%
-2.87%
BTG-USD
VOO

Volatility

BTG-USD vs. VOO - Volatility Comparison

Bitcoin Gold (BTG-USD) has a higher volatility of 42.50% compared to Vanguard S&P 500 ETF (VOO) at 3.61%. This indicates that BTG-USD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
42.50%
3.61%
BTG-USD
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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