CANG vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Cango Inc. (CANG) and Bitcoin (BTC-USD).

Performance

CANG vs. BTC-USD - Performance Comparison

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

CANG vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CANG Cango Inc.	-71.34%	-31.82%	331.37%	-22.02%	35.99%	-50.19%	-19.72%	19.71%	-36.58%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-53.46%

Returns By Period

In the year-to-date period, CANG achieves a -71.34% return, which is significantly lower than BTC-USD's -21.63% return.

CANG

• 1D: 4.60%
• 1M: -43.96%
• YTD: -71.34%
• 6M: -80.89%
• 1Y: -77.67%
• 3Y*: -8.97%
• 5Y*: -19.69%
• 10Y*: —

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

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

Return for Risk

CANG vs. BTC-USD — Risk / Return Rank

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

CANG

CANG Risk / Return Rank: 5
CANG Sharpe Ratio Rank: 6
CANG Sortino Ratio Rank: 3
CANG Omega Ratio Rank: 5
CANG Calmar Ratio Rank: 8
CANG Martin Ratio Rank: 2

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

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.

CANG vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cango Inc. (CANG) and Bitcoin (BTC-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.

	CANG	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.91	-0.44	-0.47
Sortino ratio Return per unit of downside risk	-1.81	-0.38	-1.44
Omega ratio Gain probability vs. loss probability	0.80	0.96	-0.16
Calmar ratio Return relative to maximum drawdown	-0.88	-1.11	+0.22
Martin ratio Return relative to average drawdown	-1.94	-1.99	+0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CANG vs. BTC-USD - Sharpe Ratio Comparison

The current CANG Sharpe Ratio is -0.91, which is lower than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of CANG and BTC-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

	CANG	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.91	-0.44	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	0.05	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	1.19	-1.38

Correlation

The correlation between CANG and BTC-USD is 0.11, 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

CANG vs. BTC-USD - Drawdown Comparison

The maximum CANG drawdown since its inception was -91.48%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for CANG and BTC-USD.

Drawdown Indicators

	CANG	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-91.48%	-85.30%	-6.18%
Max Drawdown (1Y) Largest decline over 1 year	-87.61%	-49.65%	-37.96%
Max Drawdown (5Y) Largest decline over 5 years	-91.49%	-76.67%	-14.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-89.25%	-45.02%	-44.23%
Average Drawdown Average peak-to-trough decline	-59.11%	-41.99%	-17.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.88%	27.60%	+12.28%

Volatility

CANG vs. BTC-USD - Volatility Comparison

Cango Inc. (CANG) has a higher volatility of 45.24% compared to Bitcoin (BTC-USD) at 13.58%. This indicates that CANG's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CANG	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	45.24%	13.58%	+31.66%
Volatility (6M) Calculated over the trailing 6-month period	72.41%	35.98%	+36.43%
Volatility (1Y) Calculated over the trailing 1-year period	85.63%	36.76%	+48.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.99%	46.90%	+32.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.74%	56.70%	+25.04%