COIN vs. TFLO
COIN (Coinbase Global, Inc.) is a stock, while TFLO (iShares Treasury Floating Rate Bond ETF) is Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Index. Over the past 5 years, COIN returned -6.43%/yr vs 3.63%/yr for TFLO. At a correlation of -0.04, they often move in opposite directions.
Performance
COIN vs. TFLO - Performance Comparison
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Returns By Period
In the year-to-date period, COIN achieves a -27.42% return, which is significantly lower than TFLO's 1.59% return.
COIN
- 1D
- 0.56%
- 1M
- -17.00%
- YTD
- -27.42%
- 6M
- -40.11%
- 1Y
- -35.89%
- 3Y*
- 40.88%
- 5Y*
- -6.43%
- 10Y*
- —
TFLO
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.59%
- 6M
- 1.92%
- 1Y
- 3.97%
- 3Y*
- 4.74%
- 5Y*
- 3.63%
- 10Y*
- 2.36%
COIN vs. TFLO - 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% |
TFLO iShares Treasury Floating Rate Bond ETF | 1.59% | 4.22% | 5.34% | 5.12% | 1.99% | -0.07% |
Correlation
The correlation between COIN and TFLO is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | -0.04 |
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Return for Risk
COIN vs. TFLO — Risk / Return Rank
COIN
TFLO
COIN vs. TFLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) and iShares Treasury Floating Rate Bond ETF (TFLO). 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 | TFLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -14.60 | ||
| Sortino ratioReturn per unit of downside risk | -51.29 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 13.94 | -12.99 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 201.22 | -201.77 |
| Martin ratioReturn relative to average drawdown | -0.90 | 823.26 | -824.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COIN | TFLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.51 | 14.09 | -14.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 10.30 | -10.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 5.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | 0.99 | -1.13 |
Drawdowns
COIN vs. TFLO - Drawdown Comparison
The maximum COIN drawdown since its inception was -90.90%, which is greater than TFLO's maximum drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for COIN and TFLO.
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Drawdown Indicators
| COIN | TFLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.90% | -5.01% | -85.89% |
Max Drawdown (1Y)Largest decline over 1 year | -66.39% | -0.02% | -66.37% |
Max Drawdown (3Y)Largest decline over 3 years | -66.39% | -0.04% | -66.35% |
Max Drawdown (5Y)Largest decline over 5 years | -90.90% | -0.13% | -90.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.16% | — |
Current DrawdownCurrent decline from peak | -60.90% | 0.00% | -60.90% |
Average DrawdownAverage peak-to-trough decline | -49.84% | -0.10% | -49.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.86% | 0.00% | +39.86% |
Volatility
COIN vs. TFLO - Volatility Comparison
Coinbase Global, Inc. (COIN) has a higher volatility of 19.12% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.07%. This indicates that COIN's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COIN | TFLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.12% | 0.07% | +19.05% |
Volatility (6M)Calculated over the trailing 6-month period | 50.97% | 0.20% | +50.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.03% | 0.28% | +69.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.85% | 0.35% | +85.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.36% | 0.46% | +84.90% |
Dividends
COIN vs. TFLO - Dividend Comparison
COIN has not paid dividends to shareholders, while TFLO's dividend yield for the trailing twelve months is around 3.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TFLO iShares Treasury Floating Rate Bond ETF | 3.90% | 4.16% | 5.21% | 4.88% | 1.68% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.31% | 0.15% |
Frequently Asked Questions
COIN and TFLO have a correlation of 0.03, 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 TFLO (0.07%). In terms of maximum drawdown, COIN dropped -90.90% vs TFLO's -5.01%.
TFLO currently has the higher Sharpe Ratio (14.09 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.
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