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COIN vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between COIN and BITO is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

COIN vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coinbase Global, Inc. (COIN) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%OctoberNovemberDecember2025FebruaryMarch
-36.54%
10.93%
COIN
BITO

Key characteristics

Sharpe Ratio

COIN:

-0.29

BITO:

0.47

Sortino Ratio

COIN:

0.12

BITO:

1.08

Omega Ratio

COIN:

1.01

BITO:

1.12

Calmar Ratio

COIN:

-0.41

BITO:

0.85

Martin Ratio

COIN:

-0.93

BITO:

1.95

Ulcer Index

COIN:

25.87%

BITO:

13.60%

Daily Std Dev

COIN:

83.22%

BITO:

54.96%

Max Drawdown

COIN:

-90.90%

BITO:

-77.86%

Current Drawdown

COIN:

-45.73%

BITO:

-20.61%

Returns By Period

In the year-to-date period, COIN achieves a -21.89% return, which is significantly lower than BITO's -8.74% return.


COIN

YTD

-21.89%

1M

-14.59%

6M

16.08%

1Y

-27.31%

5Y*

N/A

10Y*

N/A

BITO

YTD

-8.74%

1M

-8.31%

6M

32.04%

1Y

16.38%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

COIN vs. BITO — Risk-Adjusted Performance Rank

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

COIN
The Risk-Adjusted Performance Rank of COIN is 3333
Overall Rank
The Sharpe Ratio Rank of COIN is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of COIN is 3939
Sortino Ratio Rank
The Omega Ratio Rank of COIN is 3838
Omega Ratio Rank
The Calmar Ratio Rank of COIN is 2424
Calmar Ratio Rank
The Martin Ratio Rank of COIN is 2828
Martin Ratio Rank

BITO
The Risk-Adjusted Performance Rank of BITO is 4848
Overall Rank
The Sharpe Ratio Rank of BITO is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of BITO is 5454
Sortino Ratio Rank
The Omega Ratio Rank of BITO is 4747
Omega Ratio Rank
The Calmar Ratio Rank of BITO is 5959
Calmar Ratio Rank
The Martin Ratio Rank of BITO is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

COIN vs. BITO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) and ProShares Bitcoin Strategy ETF (BITO). 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.


Sharpe ratio
The chart of Sharpe ratio for COIN, currently valued at -0.29, compared to the broader market-2.00-1.000.001.002.003.00-0.290.47
The chart of Sortino ratio for COIN, currently valued at 0.12, compared to the broader market-4.00-2.000.002.004.000.121.08
The chart of Omega ratio for COIN, currently valued at 1.01, compared to the broader market0.501.001.502.001.011.12
The chart of Calmar ratio for COIN, currently valued at -0.41, compared to the broader market0.001.002.003.004.005.00-0.410.85
The chart of Martin ratio for COIN, currently valued at -0.93, compared to the broader market0.005.0010.0015.0020.00-0.931.95
COIN
BITO

The current COIN Sharpe Ratio is -0.29, which is lower than the BITO Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of COIN and BITO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00OctoberNovemberDecember2025FebruaryMarch
-0.29
0.47
COIN
BITO

Dividends

COIN vs. BITO - Dividend Comparison

COIN has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 75.83%.


TTM20242023
COIN
Coinbase Global, Inc.
0.00%0.00%0.00%
BITO
ProShares Bitcoin Strategy ETF
75.83%61.59%15.14%

Drawdowns

COIN vs. BITO - Drawdown Comparison

The maximum COIN drawdown since its inception was -90.90%, which is greater than BITO's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for COIN and BITO. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2025FebruaryMarch
-45.73%
-20.61%
COIN
BITO

Volatility

COIN vs. BITO - Volatility Comparison

Coinbase Global, Inc. (COIN) has a higher volatility of 26.96% compared to ProShares Bitcoin Strategy ETF (BITO) at 16.84%. This indicates that COIN's price experiences larger fluctuations and is considered to be riskier than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%OctoberNovemberDecember2025FebruaryMarch
26.96%
16.84%
COIN
BITO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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