CORZZ vs. BTC-USD
CORZZ (Core Scientific Inc. Tranche 2 Warrants) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past year, CORZZ returned 67.27% vs -43.83% for BTC-USD. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
CORZZ vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CORZZ achieves a 45.53% return, which is significantly higher than BTC-USD's -27.75% return.
CORZZ
- 1D
- -3.29%
- 1M
- -1.03%
- 6M
- 17.43%
- YTD
- 45.53%
- 1Y
- 67.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 155.37%
BTC-USD
- 1D
- 0.72%
- 1M
- 1.12%
- 6M
- -17.79%
- YTD
- -27.75%
- 1Y
- -43.83%
- 3Y*
- 29.40%
- 5Y*
- 10.61%
- 10Y*
- 59.66%
- ALL TIME*
- 87.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BTC-USD Bitcoin | $1569.44T | $1598.63T | $2087.37T |
| $162.54K | $159.83K | $552.12K |
CORZZ vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CORZZ Core Scientific Inc. Tranche 2 Warrants | 45.53% | 3.71% | 601.00% |
BTC-USD Bitcoin | -27.75% | -6.27% | 134.10% |
Correlation
The correlation between CORZZ and BTC-USD is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024 | 0.30 |
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
CORZZ vs. BTC-USD — Risk / Return Rank
CORZZ
BTC-USD
CORZZ vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Core Scientific Inc. Tranche 2 Warrants (CORZZ) 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.
| CORZZ | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.85 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | -0.83 | +2.22 |
| Martin ratioReturn relative to average drawdown | 2.81 | -1.27 | +4.08 |
Loading charts...
Drawdowns
CORZZ vs. BTC-USD - Drawdown Comparison
The maximum CORZZ drawdown since its inception was -65.20%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for CORZZ and BTC-USD.
Loading charts...
Drawdown Indicators
| CORZZ | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.20% | -85.30% | +20.10% |
Max Drawdown (1Y)Largest decline over 1 year | -40.39% | -53.08% | +12.69% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.08% | — |
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 | -27.29% | -49.31% | +22.02% |
Average DrawdownAverage peak-to-trough decline | -21.24% | -42.73% | +21.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.09% | 24.94% | -4.85% |
Volatility
CORZZ vs. BTC-USD - Volatility Comparison
Core Scientific Inc. Tranche 2 Warrants (CORZZ) has a higher volatility of 33.46% compared to Bitcoin (BTC-USD) at 8.45%. This indicates that CORZZ'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
| CORZZ | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.46% | 8.45% | +25.01% |
Volatility (6M)Calculated over the trailing 6-month period | 55.51% | 33.72% | +21.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.94% | 35.86% | +34.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.80% | 43.65% | +54.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.80% | 56.22% | +41.58% |
Frequently Asked Questions
CORZZ and BTC-USD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CORZZ has higher volatility (33.46%) compared to BTC-USD (8.45%). In terms of maximum drawdown, CORZZ dropped -65.20% vs BTC-USD's -85.30%.
CORZZ currently has the higher Sharpe Ratio (0.81 vs -1.02), 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 CORZZ 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