GBPUSD=X vs. BTC-USD
Compare and contrast key facts about GBP/USD (GBPUSD=X) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBPUSD=X or BTC-USD.
Correlation
The correlation between GBPUSD=X and BTC-USD is 0.06, 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
GBPUSD=X vs. BTC-USD - Performance Comparison
Key characteristics
GBPUSD=X:
-0.19
BTC-USD:
1.48
GBPUSD=X:
-0.22
BTC-USD:
2.19
GBPUSD=X:
0.97
BTC-USD:
1.22
GBPUSD=X:
-0.03
BTC-USD:
1.23
GBPUSD=X:
-0.32
BTC-USD:
8.41
GBPUSD=X:
4.05%
BTC-USD:
8.60%
GBPUSD=X:
6.75%
BTC-USD:
43.82%
GBPUSD=X:
-49.30%
BTC-USD:
-93.07%
GBPUSD=X:
-40.08%
BTC-USD:
-9.44%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a 0.93% return, which is significantly lower than BTC-USD's 2.89% return. Over the past 10 years, GBPUSD=X has underperformed BTC-USD with an annualized return of -1.93%, while BTC-USD has yielded a comparatively higher 82.18% annualized return.
GBPUSD=X
0.93%
2.53%
-4.41%
-0.24%
-0.51%
-1.93%
BTC-USD
2.89%
-7.26%
49.98%
87.36%
57.48%
82.18%
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Risk-Adjusted Performance
GBPUSD=X vs. BTC-USD — Risk-Adjusted Performance Rank
GBPUSD=X
BTC-USD
GBPUSD=X vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GBP/USD (GBPUSD=X) 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
GBPUSD=X vs. BTC-USD - Drawdown Comparison
The maximum GBPUSD=X drawdown since its inception was -49.30%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for GBPUSD=X and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
GBPUSD=X vs. BTC-USD - Volatility Comparison
The current volatility for GBP/USD (GBPUSD=X) is 2.67%, while Bitcoin (BTC-USD) has a volatility of 9.00%. This indicates that GBPUSD=X 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.