COIN vs. SGOV
COIN (Coinbase Global, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, COIN returned -6.43%/yr vs 3.54%/yr for SGOV. At a correlation of -0.01, they often move in opposite directions.
Performance
COIN vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COIN achieves a -27.42% return, which is significantly lower than SGOV's 1.52% return.
COIN
- 1D
- 0.56%
- 1M
- -17.00%
- YTD
- -27.42%
- 6M
- -40.11%
- 1Y
- -35.89%
- 3Y*
- 40.88%
- 5Y*
- -6.43%
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.52%
- 6M
- 1.79%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
COIN vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | -27.42% | -8.92% | 42.77% | 391.44% | -85.98% | -23.12% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.52% | 4.24% | 5.27% | 5.12% | 1.58% | 0.03% |
Correlation
The correlation between COIN and SGOV is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | -0.01 |
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
COIN vs. SGOV — Risk / Return Rank
COIN
SGOV
COIN vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| COIN | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.79 | ||
| Sortino ratioReturn per unit of downside risk | -276.12 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 195.55 | -194.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 398.20 | -398.74 |
| Martin ratioReturn relative to average drawdown | -0.90 | 4,462.00 | -4,462.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| COIN | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.51 | 20.28 | -20.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 14.74 | -14.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | 12.49 | -12.64 |
Drawdowns
COIN vs. SGOV - Drawdown Comparison
The maximum COIN drawdown since its inception was -90.90%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for COIN and SGOV.
Loading charts...
Drawdown Indicators
| COIN | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.90% | -0.03% | -90.87% |
Max Drawdown (1Y)Largest decline over 1 year | -66.39% | -0.01% | -66.38% |
Max Drawdown (3Y)Largest decline over 3 years | -66.39% | -0.01% | -66.38% |
Max Drawdown (5Y)Largest decline over 5 years | -90.90% | -0.03% | -90.87% |
Current DrawdownCurrent decline from peak | -60.90% | 0.00% | -60.90% |
Average DrawdownAverage peak-to-trough decline | -49.84% | -0.00% | -49.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.86% | 0.00% | +39.86% |
Volatility
COIN vs. SGOV - Volatility Comparison
Coinbase Global, Inc. (COIN) has a higher volatility of 19.12% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that COIN's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| COIN | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.12% | 0.05% | +19.07% |
Volatility (6M)Calculated over the trailing 6-month period | 50.97% | 0.13% | +50.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.03% | 0.20% | +69.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.85% | 0.24% | +85.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.36% | 0.24% | +85.12% |
Dividends
COIN vs. SGOV - Dividend Comparison
COIN has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
COIN and SGOV have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (19.12%) compared to SGOV (0.05%). In terms of maximum drawdown, COIN dropped -90.90% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.28 vs -0.51), 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 COIN and SGOV
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