CLI.L vs. BTC-USD

Last updated Apr 3, 2026

Compare and contrast key facts about CLS Holdings plc (CLI.L) and Bitcoin (BTC-USD).

Performance

CLI.L vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in CLS Holdings plc (CLI.L) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

CLI.L vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLI.L CLS Holdings plc	-19.93%	-16.83%	-17.02%	-31.67%	-24.27%	0.43%	-22.73%	47.13%	-12.28%	67.19%
BTC-USD Bitcoin	-22.28%	-12.95%	125.81%	140.73%	-59.81%	60.91%	292.68%	86.71%	-73.15%	1,284.82%

Different Trading Currencies

CLI.L is traded in GBp, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with CLI.L having a -19.93% return and BTC-USD slightly lower at -20.87%. Over the past 10 years, CLI.L has underperformed BTC-USD with an annualized return of -6.63%, while BTC-USD has yielded a comparatively higher 67.59% annualized return.

CLI.L

• 1D: -0.52%
• 1M: -17.18%
• YTD: -19.93%
• 6M: -22.26%
• 1Y: -20.48%
• 3Y*: -24.55%
• 5Y*: -22.94%
• 10Y*: -6.63%

BTC-USD

• 1D: 0.00%
• 1M: 0.44%
• YTD: -20.87%
• 6M: -42.75%
• 1Y: -19.02%
• 3Y*: 31.89%
• 5Y*: 3.80%
• 10Y*: 67.59%

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

Return for Risk

CLI.L vs. BTC-USD — Risk / Return Rank

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

CLI.L

CLI.L Risk / Return Rank: 13
CLI.L Sharpe Ratio Rank: 12
CLI.L Sortino Ratio Rank: 13
CLI.L Omega Ratio Rank: 14
CLI.L Calmar Ratio Rank: 19
CLI.L Martin Ratio Rank: 7

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

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.

CLI.L vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CLS Holdings plc (CLI.L) 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.

	CLI.L	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.66	-0.44	-0.22
Sortino ratio Return per unit of downside risk	-0.81	-0.37	-0.44
Omega ratio Gain probability vs. loss probability	0.90	0.96	-0.06
Calmar ratio Return relative to maximum drawdown	-0.61	-1.08	+0.47
Martin ratio Return relative to average drawdown	-1.53	-1.97	+0.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLI.L vs. BTC-USD - Sharpe Ratio Comparison

The current CLI.L Sharpe Ratio is -0.66, which is lower than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of CLI.L 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

	CLI.L	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.66	-0.44	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.76	0.07	-0.83
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.20	1.00	-1.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	1.21	-0.99

Correlation

The correlation between CLI.L and BTC-USD is 0.02, 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

CLI.L vs. BTC-USD - Drawdown Comparison

The maximum CLI.L drawdown since its inception was -79.41%, smaller than the maximum BTC-USD drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for CLI.L and BTC-USD.

Drawdown Indicators

	CLI.L	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-79.41%	-85.30%	+5.89%
Max Drawdown (1Y) Largest decline over 1 year	-32.33%	-49.65%	+17.32%
Max Drawdown (5Y) Largest decline over 5 years	-76.85%	-76.67%	-0.18%
Max Drawdown (10Y) Largest decline over 10 years	-79.41%	-83.80%	+4.39%
Current Drawdown Current decline from peak	-78.59%	-46.47%	-32.12%
Average Drawdown Average peak-to-trough decline	-22.20%	-42.00%	+19.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.83%	27.75%	-14.92%

Volatility

CLI.L vs. BTC-USD - Volatility Comparison

CLS Holdings plc (CLI.L) and Bitcoin (BTC-USD) have volatilities of 13.62% and 13.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLI.L	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.62%	13.30%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	24.39%	34.98%	-10.59%
Volatility (1Y) Calculated over the trailing 1-year period	30.83%	36.08%	-5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.15%	46.46%	-16.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.91%	56.09%	-22.18%