GBTC vs. TSLA
Compare and contrast key facts about Grayscale Bitcoin Trust (BTC) (GBTC) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBTC or TSLA.
Key characteristics
| GBTC | TSLA | |
|---|---|---|
| YTD Return | 72.53% | -28.58% |
| 1Y Return | 314.22% | 0.32% |
| 3Y Return (Ann) | 20.25% | -2.70% |
| 5Y Return (Ann) | 45.32% | 66.09% |
| Sharpe Ratio | 5.04 | 0.04 |
| Daily Std Dev | 59.03% | 51.08% |
| Max Drawdown | -89.91% | -73.63% |
| Current Drawdown | -8.92% | -56.71% |
Fundamentals
| GBTC | TSLA | |
|---|---|---|
| Market Cap | $2.72B | $537.28B |
| EPS | -$0.30 | $3.91 |
| PE Ratio | 13.60 | 43.09 |
| PEG Ratio | 0.00 | 2.98 |
| Revenue (TTM) | $2.29B | $94.75B |
| Gross Profit (TTM) | $1.02B | $20.85B |
| EBITDA (TTM) | $196.00M | $12.26B |
Correlation
The correlation between GBTC and TSLA is 0.16, 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
GBTC vs. TSLA - Performance Comparison
In the year-to-date period, GBTC achieves a 72.53% return, which is significantly higher than TSLA's -28.58% 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
GBTC vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Bitcoin Trust (BTC) (GBTC) and Tesla, Inc. (TSLA). 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.
Dividends
GBTC vs. TSLA - Dividend Comparison
Neither GBTC nor TSLA has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
GBTC Grayscale Bitcoin Trust (BTC) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GBTC vs. TSLA - Drawdown Comparison
The maximum GBTC drawdown since its inception was -89.91%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for GBTC and TSLA. For additional features, visit the drawdowns tool.
Volatility
GBTC vs. TSLA - Volatility Comparison
The current volatility for Grayscale Bitcoin Trust (BTC) (GBTC) is 15.35%, while Tesla, Inc. (TSLA) has a volatility of 21.70%. This indicates that GBTC experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GBTC vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Grayscale Bitcoin Trust (BTC) and Tesla, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities