CRPT vs. BTC-USD
Compare and contrast key facts about First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and Bitcoin (BTC-USD).
CRPT is an actively managed fund by First Trust. It was launched on Sep 20, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRPT or BTC-USD.
Key characteristics
| CRPT | BTC-USD | |
|---|---|---|
| YTD Return | 100.31% | 115.46% |
| 1Y Return | 225.11% | 151.88% |
| 3Y Return (Ann) | -7.53% | 14.82% |
| Sharpe Ratio | 2.43 | 0.95 |
| Sortino Ratio | 2.95 | 1.65 |
| Omega Ratio | 1.33 | 1.16 |
| Calmar Ratio | 2.69 | 0.78 |
| Martin Ratio | 10.90 | 3.92 |
| Ulcer Index | 19.12% | 13.19% |
| Daily Std Dev | 85.70% | 44.42% |
| Max Drawdown | -88.34% | -93.07% |
| Current Drawdown | -26.69% | 0.00% |
Correlation
The correlation between CRPT and BTC-USD is 0.58, 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.
Performance
CRPT vs. BTC-USD - Performance Comparison
In the year-to-date period, CRPT achieves a 100.31% return, which is significantly lower than BTC-USD's 115.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CRPT vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) 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.
Drawdowns
CRPT vs. BTC-USD - Drawdown Comparison
The maximum CRPT drawdown since its inception was -88.34%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for CRPT and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
CRPT vs. BTC-USD - Volatility Comparison
First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has a higher volatility of 32.23% compared to Bitcoin (BTC-USD) at 16.76%. This indicates that CRPT'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.