EQT vs. BTC-USD
Compare and contrast key facts about EQT Corporation (EQT) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQT or BTC-USD.
Key characteristics
EQT | BTC-USD | |
---|---|---|
YTD Return | 5.67% | 47.49% |
1Y Return | 28.04% | 125.08% |
3Y Return (Ann) | 26.91% | 1.94% |
5Y Return (Ann) | 15.93% | 58.75% |
10Y Return (Ann) | -2.76% | 63.58% |
Sharpe Ratio | 0.85 | 4.39 |
Daily Std Dev | 32.69% | 39.00% |
Max Drawdown | -91.51% | -93.07% |
Current Drawdown | -27.70% | -14.71% |
Correlation
The correlation between EQT and BTC-USD is 0.03, 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
EQT vs. BTC-USD - Performance Comparison
In the year-to-date period, EQT achieves a 5.67% return, which is significantly lower than BTC-USD's 47.49% return. Over the past 10 years, EQT has underperformed BTC-USD with an annualized return of -2.76%, while BTC-USD has yielded a comparatively higher 63.58% annualized 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
EQT vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for EQT Corporation (EQT) 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
EQT vs. BTC-USD - Drawdown Comparison
The maximum EQT drawdown since its inception was -91.51%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for EQT and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
EQT vs. BTC-USD - Volatility Comparison
The current volatility for EQT Corporation (EQT) is 9.04%, while Bitcoin (BTC-USD) has a volatility of 15.57%. This indicates that EQT 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.