PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
DEFI vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

DEFI vs. BTC-USD

Last updated May 12, 2025

Compare and contrast key facts about Hashdex Bitcoin Futures ETF (DEFI) and Bitcoin (BTC-USD).

DEFI is a passively managed fund by Hashdex that tracks the performance of the HDEFI – Hashdex U.S. Bitcoin Futures Fund Benchmark Index. It was launched on Sep 15, 2022.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEFI or BTC-USD.

Correlation

The correlation between DEFI and BTC-USD is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

DEFI vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hashdex Bitcoin Futures ETF (DEFI) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Daily Std Dev

DEFI:

31.00%

BTC-USD:

42.23%

Max Drawdown

DEFI:

0.00%

BTC-USD:

-93.18%

Current Drawdown

DEFI:

0.00%

BTC-USD:

-1.92%

Returns By Period

DEFI

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

BTC-USD

YTD

11.43%

1M

24.82%

6M

29.37%

1Y

71.25%

5Y*

63.89%

10Y*

83.77%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Risk-Adjusted Performance

DEFI vs. BTC-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DEFI
The Risk-Adjusted Performance Rank of DEFI is 8787
Overall Rank
The Sharpe Ratio Rank of DEFI is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of DEFI is 8787
Sortino Ratio Rank
The Omega Ratio Rank of DEFI is 8383
Omega Ratio Rank
The Calmar Ratio Rank of DEFI is 9494
Calmar Ratio Rank
The Martin Ratio Rank of DEFI is 8484
Martin Ratio Rank
BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9292
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 9292
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 9090
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9494
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DEFI vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hashdex Bitcoin Futures ETF (DEFI) 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.

No data
No data
No data
No data
No data

Loading data...

Drawdowns

DEFI vs. BTC-USD - Drawdown Comparison

The maximum DEFI drawdown since its inception was 0.00%, smaller than the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for DEFI and BTC-USD. For additional features, visit the drawdowns tool.

Loading data...

Volatility

DEFI vs. BTC-USD - Volatility Comparison

Loading data...