BTOG vs. DOGE-USD
BTOG (Bit Origin Ltd) is a stock, while DOGE-USD (Dogecoin) is a cryptocurrency. Over the past 5 years, BTOG returned -77.54%/yr vs -25.10%/yr for DOGE-USD. At a 0.12 correlation, their price movements are largely independent.
Performance
BTOG vs. DOGE-USD - Performance Comparison
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Returns By Period
In the year-to-date period, BTOG achieves a -82.36% return, which is significantly lower than DOGE-USD's -25.23% return.
BTOG
- 1D
- 4.60%
- 1M
- -16.13%
- YTD
- -82.36%
- 6M
- -89.16%
- 1Y
- -80.89%
- 3Y*
- -74.31%
- 5Y*
- -77.54%
- 10Y*
- —
DOGE-USD
- 1D
- -3.93%
- 1M
- -23.65%
- YTD
- -25.23%
- 6M
- -40.51%
- 1Y
- -53.42%
- 3Y*
- 9.66%
- 5Y*
- -25.10%
- 10Y*
- —
BTOG vs. DOGE-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BTOG Bit Origin Ltd | -82.36% | -82.45% | -76.39% | -21.45% | -87.15% | 43.61% | -75.54% | -22.00% |
DOGE-USD Dogecoin | -25.23% | -62.82% | 252.28% | 27.54% | -58.78% | 3,537.33% | 130.87% | -25.50% |
Correlation
The correlation between BTOG and DOGE-USD is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2019 | 0.12 |
Over the past year, BTOG and DOGE-USD have become more correlated (0.39) than their long-term average of 0.12, meaning their price movements have been converging.
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Return for Risk
BTOG vs. DOGE-USD — Risk / Return Rank
BTOG
DOGE-USD
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 ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.92 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.77 | -0.07 |
| Martin ratioReturn relative to average drawdown | -1.14 | -1.12 | -0.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BTOG | DOGE-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.45 | -0.67 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.50 | -0.26 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.50 | 0.12 | -0.63 |
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.
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Drawdown Indicators
| BTOG | DOGE-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -92.29% | -7.69% |
Max Drawdown (1Y)Largest decline over 1 year | -96.47% | -69.72% | -26.75% |
Max Drawdown (3Y)Largest decline over 3 years | -99.71% | -81.22% | -18.49% |
Max Drawdown (5Y)Largest decline over 5 years | -99.97% | -85.79% | -14.18% |
Current DrawdownCurrent decline from peak | -99.98% | -87.20% | -12.78% |
Average DrawdownAverage peak-to-trough decline | -84.07% | -75.11% | -8.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 70.89% | 53.18% | +17.71% |
Volatility
BTOG vs. DOGE-USD - Volatility Comparison
Bit Origin Ltd (BTOG) has a higher volatility of 21.25% compared to Dogecoin (DOGE-USD) at 13.34%. 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.
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Volatility by Period
| BTOG | DOGE-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.25% | 13.34% | +7.91% |
Volatility (6M)Calculated over the trailing 6-month period | 95.66% | 48.48% | +47.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 181.04% | 66.09% | +114.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 155.68% | 79.01% | +76.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 142.10% | 761.48% | -619.38% |
Frequently Asked Questions
BTOG and DOGE-USD have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTOG has higher volatility (21.25%) compared to DOGE-USD (13.34%). In terms of maximum drawdown, BTOG dropped -99.98% vs DOGE-USD's -92.29%.
BTOG currently has the higher Sharpe Ratio (-0.45 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.
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