BTOG vs. DOGE-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Bit Origin Ltd (BTOG) and Dogecoin (DOGE-USD).

Performance

BTOG vs. DOGE-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bit Origin Ltd (BTOG) and Dogecoin (DOGE-USD). The values are adjusted to include any dividend payments, if applicable.

BTOG vs. DOGE-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BTOG Bit Origin Ltd	-78.29%	-82.45%	-76.39%	-21.45%	-87.15%	43.61%	-75.54%	-22.00%
DOGE-USD Dogecoin	-21.13%	-62.82%	252.28%	27.54%	-58.78%	3,537.33%	130.87%	-25.50%

Returns By Period

In the year-to-date period, BTOG achieves a -78.29% return, which is significantly lower than DOGE-USD's -21.13% return.

BTOG

• 1D: 0.00%
• 1M: -9.68%
• YTD: -78.29%
• 6M: -90.57%
• 1Y: -80.93%
• 3Y*: -83.59%
• 5Y*: -73.96%
• 10Y*: —

DOGE-USD

• 1D: 0.25%
• 1M: -1.17%
• YTD: -21.13%
• 6M: -62.89%
• 1Y: -46.85%
• 3Y*: 5.36%
• 5Y*: 9.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BTOG vs. DOGE-USD — Risk / Return Rank

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

BTOG

BTOG Risk / Return Rank: 19
BTOG Sharpe Ratio Rank: 21
BTOG Sortino Ratio Rank: 26
BTOG Omega Ratio Rank: 26
BTOG Calmar Ratio Rank: 9
BTOG Martin Ratio Rank: 13

DOGE-USD

DOGE-USD Risk / Return Rank: 53
DOGE-USD Sharpe Ratio Rank: 51
DOGE-USD Sortino Ratio Rank: 52
DOGE-USD Omega Ratio Rank: 56
DOGE-USD Calmar Ratio Rank: 55
DOGE-USD Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTOG vs. DOGE-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bit Origin Ltd (BTOG) and Dogecoin (DOGE-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.

	BTOG	DOGE-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.43	-0.53	+0.10
Sortino ratio Return per unit of downside risk	-0.12	-0.41	+0.29
Omega ratio Gain probability vs. loss probability	0.99	0.96	+0.03
Calmar ratio Return relative to maximum drawdown	-0.84	-1.08	+0.24
Martin ratio Return relative to average drawdown	-1.35	-1.62	+0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTOG vs. DOGE-USD - Sharpe Ratio Comparison

The current BTOG Sharpe Ratio is -0.43, which is comparable to the DOGE-USD Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of BTOG and DOGE-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.

Sharpe Ratios by Period

	BTOG	DOGE-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.43	-0.53	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.47	0.08	-0.56
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	0.13	-0.62

Correlation

The correlation between BTOG and DOGE-USD is 0.13, 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.

Drawdowns

BTOG vs. DOGE-USD - Drawdown Comparison

The maximum BTOG drawdown since its inception was -99.98%, which is greater than DOGE-USD's maximum drawdown of -92.29%. Use the drawdown chart below to compare losses from any high point for BTOG and DOGE-USD.

Drawdown Indicators

	BTOG	DOGE-USD	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-92.29%	-7.69%
Max Drawdown (1Y) Largest decline over 1 year	-95.47%	-69.49%	-25.98%
Max Drawdown (5Y) Largest decline over 5 years	-99.96%	-92.29%	-7.67%
Current Drawdown Current decline from peak	-99.98%	-86.50%	-13.48%
Average Drawdown Average peak-to-trough decline	-83.65%	-74.91%	-8.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	59.41%	46.44%	+12.97%

Volatility

BTOG vs. DOGE-USD - Volatility Comparison

Bit Origin Ltd (BTOG) has a higher volatility of 48.79% compared to Dogecoin (DOGE-USD) at 17.87%. This indicates that BTOG's price experiences larger fluctuations and is considered to be riskier than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTOG	DOGE-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	48.79%	17.87%	+30.92%
Volatility (6M) Calculated over the trailing 6-month period	103.33%	60.15%	+43.18%
Volatility (1Y) Calculated over the trailing 1-year period	187.49%	73.59%	+113.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	156.10%	97.99%	+58.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	143.39%	768.98%	-625.59%