BTGD vs. PHYS
BTGD (STKD Bitcoin & Gold ETF) is Cryptocurrency fund actively managed by Quantify Funds, while PHYS (Sprott Physical Gold Trust) is a stock. Over the past year, BTGD returned -38.26% vs 19.41% for PHYS. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
BTGD vs. PHYS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTGD achieves a -38.68% return, which is significantly lower than PHYS's -6.30% return.
BTGD
- 1D
- -4.97%
- 1M
- -27.36%
- YTD
- -38.68%
- 6M
- -41.46%
- 1Y
- -38.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PHYS
- 1D
- -2.06%
- 1M
- -9.29%
- YTD
- -6.30%
- 6M
- -10.24%
- 1Y
- 19.41%
- 3Y*
- 27.81%
- 5Y*
- 16.99%
- 10Y*
- 10.92%
BTGD vs. PHYS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTGD STKD Bitcoin & Gold ETF | -38.68% | 34.62% | 29.32% |
PHYS Sprott Physical Gold Trust | -6.30% | 63.95% | -2.61% |
Correlation
The correlation between BTGD and PHYS is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2024 | 0.52 |
The correlation between BTGD and PHYS has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.
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
BTGD vs. PHYS — Risk / Return Rank
BTGD
PHYS
BTGD vs. PHYS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for STKD Bitcoin & Gold ETF (BTGD) and Sprott Physical Gold Trust (PHYS). 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.
| BTGD | PHYS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.15 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 0.79 | -1.48 |
| Martin ratioReturn relative to average drawdown | -1.43 | 2.11 | -3.54 |
Loading charts...
Drawdowns
BTGD vs. PHYS - Drawdown Comparison
The maximum BTGD drawdown since its inception was -55.08%, which is greater than PHYS's maximum drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for BTGD and PHYS.
Loading charts...
Drawdown Indicators
| BTGD | PHYS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.08% | -48.16% | -6.92% |
Max Drawdown (1Y)Largest decline over 1 year | -55.08% | -24.80% | -30.28% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.80% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.80% | — |
Current DrawdownCurrent decline from peak | -55.08% | -24.41% | -30.67% |
Average DrawdownAverage peak-to-trough decline | -15.71% | -21.00% | +5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.82% | 9.22% | +17.60% |
Volatility
BTGD vs. PHYS - Volatility Comparison
STKD Bitcoin & Gold ETF (BTGD) has a higher volatility of 18.30% compared to Sprott Physical Gold Trust (PHYS) at 8.13%. This indicates that BTGD's price experiences larger fluctuations and is considered to be riskier than PHYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTGD | PHYS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.30% | 8.13% | +10.17% |
Volatility (6M)Calculated over the trailing 6-month period | 47.64% | 25.01% | +22.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.04% | 28.34% | +28.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.14% | 18.55% | +37.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.14% | 16.36% | +39.78% |
Dividends
BTGD vs. PHYS - Dividend Comparison
BTGD's dividend yield for the trailing twelve months is around 5.48%, while PHYS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BTGD STKD Bitcoin & Gold ETF | 5.48% | 3.36% | 0.19% |
PHYS Sprott Physical Gold Trust | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BTGD and PHYS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTGD has higher volatility (18.30%) compared to PHYS (8.13%). In terms of maximum drawdown, BTGD dropped -55.08% vs PHYS's -48.16%.
PHYS currently has the higher Sharpe Ratio (0.69 vs -0.67), 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.
Find the right allocation for BTGD and PHYS
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