DB1.DE vs. BTC-USD

Last updated Apr 4, 2026

Compare and contrast key facts about Deutsche Börse AG (DB1.DE) and Bitcoin (BTC-USD).

Performance

DB1.DE vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deutsche Börse AG (DB1.DE) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DB1.DE is traded in EUR, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, DB1.DE achieves a 14.26% return, which is significantly higher than BTC-USD's -21.94% return. Over the past 10 years, DB1.DE has underperformed BTC-USD with an annualized return of 15.62%, while BTC-USD has yielded a comparatively higher 65.83% annualized return.

DB1.DE

• 1D: 1.91%
• 1M: 5.71%
• YTD: 14.26%
• 6M: 12.80%
• 1Y: -0.35%
• 3Y*: 15.40%
• 5Y*: 14.51%
• 10Y*: 15.62%

BTC-USD

• 1D: 0.00%
• 1M: -4.78%
• YTD: -21.94%
• 6M: -44.18%
• 1Y: -24.00%
• 3Y*: 31.05%
• 5Y*: 3.05%
• 10Y*: 65.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DB1.DE vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DB1.DE Deutsche Börse AG	14.26%	2.03%	21.82%	18.03%	11.90%	7.98%	1.28%	36.60%	10.78%	29.96%
BTC-USD Bitcoin	-21.94%	-17.40%	136.59%	145.80%	-61.85%	71.33%	271.22%	98.48%	-73.46%	1,229.62%

Correlation

The correlation between DB1.DE and BTC-USD is 0.04, meaning there is essentially no relationship between their price movements. They neither move together nor in opposition — each responds to its own set of market drivers. This independence makes them strong candidates for combining in a diversified portfolio.

Return for Risk

DB1.DE vs. BTC-USD — Risk / Return Rank

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

DB1.DE

DB1.DE Risk / Return Rank: 28
DB1.DE Sharpe Ratio Rank: 28
DB1.DE Sortino Ratio Rank: 24
DB1.DE Omega Ratio Rank: 25
DB1.DE Calmar Ratio Rank: 31
DB1.DE Martin Ratio Rank: 32

BTC-USD

BTC-USD Risk / Return Rank: 37
BTC-USD Sharpe Ratio Rank: 60
BTC-USD Sortino Ratio Rank: 54
BTC-USD Omega Ratio Rank: 49
BTC-USD Calmar Ratio Rank: 23
BTC-USD Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DB1.DE vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deutsche Börse AG (DB1.DE) 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.

	DB1.DE	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.26	-0.54	+0.29
Sortino ratio Return per unit of downside risk	-0.19	-0.54	+0.34
Omega ratio Gain probability vs. loss probability	0.98	0.94	+0.04
Calmar ratio Return relative to maximum drawdown	-0.25	-1.09	+0.84
Martin ratio Return relative to average drawdown	-0.42	-1.96	+1.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DB1.DE vs. BTC-USD - Sharpe Ratio Comparison

The current DB1.DE Sharpe Ratio is -0.26, which is higher than the BTC-USD Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of DB1.DE and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DB1.DE	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	-0.54	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.05	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.98	-0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	1.20	-0.72

Drawdowns

DB1.DE vs. BTC-USD - Drawdown Comparison

The maximum DB1.DE drawdown since its inception was -76.94%, smaller than the maximum BTC-USD drawdown of -83.05%. Use the drawdown chart below to compare losses from any high point for DB1.DE and BTC-USD.

Drawdown Indicators

	DB1.DE	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-76.94%	-85.30%	+8.36%
Max Drawdown (1Y) Largest decline over 1 year	-29.61%	-49.65%	+20.04%
Max Drawdown (5Y) Largest decline over 5 years	-29.61%	-76.67%	+47.06%
Max Drawdown (10Y) Largest decline over 10 years	-36.97%	-83.80%	+46.83%
Current Drawdown Current decline from peak	-11.51%	-46.12%	+34.61%
Average Drawdown Average peak-to-trough decline	-22.10%	-42.01%	+19.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.01%	28.06%	-10.05%

Volatility

DB1.DE vs. BTC-USD - Volatility Comparison

The current volatility for Deutsche Börse AG (DB1.DE) is 6.32%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that DB1.DE experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DB1.DE	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.32%	11.59%	-5.27%
Volatility (6M) Calculated over the trailing 6-month period	17.92%	35.95%	-18.03%
Volatility (1Y) Calculated over the trailing 1-year period	24.59%	36.95%	-12.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.71%	46.68%	-26.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.85%	56.03%	-34.18%