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:
-0.71
BTC-USD:
2.37
GBPUSD=X:
-0.90
BTC-USD:
3.04
GBPUSD=X:
0.89
BTC-USD:
1.30
GBPUSD=X:
-0.11
BTC-USD:
2.36
GBPUSD=X:
-1.37
BTC-USD:
10.80
GBPUSD=X:
3.34%
BTC-USD:
11.01%
GBPUSD=X:
6.31%
BTC-USD:
43.83%
GBPUSD=X:
-49.30%
BTC-USD:
-93.07%
GBPUSD=X:
-42.30%
BTC-USD:
-1.63%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a -2.80% return, which is significantly lower than BTC-USD's 11.75% return. Over the past 10 years, GBPUSD=X has underperformed BTC-USD with an annualized return of -2.10%, while BTC-USD has yielded a comparatively higher 84.63% annualized return.
GBPUSD=X
-2.80%
-2.72%
-5.87%
-4.24%
-1.29%
-2.10%
BTC-USD
11.75%
7.10%
55.45%
150.87%
64.54%
84.63%
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
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 2.22%, while Bitcoin (BTC-USD) has a volatility of 12.57%. 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.