CEG vs. BTC-USD
CEG (Constellation Energy Corp) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 3 years, CEG returned 40.06%/yr vs 34.86%/yr for BTC-USD. At a 0.18 correlation, their price movements are largely independent.
Performance
CEG vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with CEG having a -27.96% return and BTC-USD slightly higher at -27.32%.
CEG
- 1D
- 2.86%
- 1M
- -7.54%
- YTD
- -27.96%
- 6M
- -27.70%
- 1Y
- -15.08%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
BTC-USD
- 1D
- 0.05%
- 1M
- -19.79%
- YTD
- -27.32%
- 6M
- -29.56%
- 1Y
- -39.85%
- 3Y*
- 34.86%
- 5Y*
- 10.27%
- 10Y*
- 57.32%
CEG vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -27.96% | 58.80% | 92.71% | 37.24% | 73.87% |
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -57.30% |
Correlation
The correlation between CEG and BTC-USD is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.18 |
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
CEG vs. BTC-USD — Risk / Return Rank
CEG
BTC-USD
CEG vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) 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.
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.
| CEG | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.87 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | -0.78 | +0.40 |
| Martin ratioReturn relative to average drawdown | -0.78 | -1.36 | +0.58 |
Loading charts...
Drawdowns
CEG vs. BTC-USD - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for CEG and BTC-USD.
Loading charts...
Drawdown Indicators
| CEG | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -85.30% | +34.60% |
Max Drawdown (1Y)Largest decline over 1 year | -39.77% | -51.21% | +11.44% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -51.21% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -36.93% | -49.01% | +12.08% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -42.35% | +30.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.38% | 35.02% | -15.64% |
Volatility
CEG vs. BTC-USD - Volatility Comparison
Constellation Energy Corp (CEG) has a higher volatility of 15.26% compared to Bitcoin (BTC-USD) at 12.11%. This indicates that CEG'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.
Loading charts...
Volatility by Period
| CEG | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.26% | 12.11% | +3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 37.72% | 34.59% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.66% | 35.62% | +11.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.38% | 44.71% | +4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.38% | 56.62% | -7.24% |
Frequently Asked Questions
CEG and BTC-USD have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (15.26%) compared to BTC-USD (12.11%). In terms of maximum drawdown, CEG dropped -50.70% vs BTC-USD's -85.30%.
CEG currently has the higher Sharpe Ratio (-0.32 vs -0.93), 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 CEG and BTC-USD
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