GLXY.TO vs. BTC-USD
Compare and contrast key facts about Galaxy Digital Holdings Ltd. (GLXY.TO) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLXY.TO or BTC-USD.
Key characteristics
| GLXY.TO | BTC-USD | |
|---|---|---|
| YTD Return | 143.85% | 114.32% |
| 1Y Return | 249.86% | 154.90% |
| 3Y Return (Ann) | -15.01% | 11.43% |
| 5Y Return (Ann) | 86.70% | 60.55% |
| Sharpe Ratio | 2.96 | 1.07 |
| Sortino Ratio | 3.20 | 1.78 |
| Omega Ratio | 1.38 | 1.17 |
| Calmar Ratio | 2.98 | 0.91 |
| Martin Ratio | 16.51 | 4.39 |
| Ulcer Index | 14.99% | 13.18% |
| Daily Std Dev | 83.62% | 44.55% |
| Max Drawdown | -91.88% | -93.07% |
| Current Drawdown | -40.91% | 0.00% |
Correlation
The correlation between GLXY.TO and BTC-USD is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GLXY.TO vs. BTC-USD - Performance Comparison
In the year-to-date period, GLXY.TO achieves a 143.85% return, which is significantly higher than BTC-USD's 114.32% 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
GLXY.TO vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Galaxy Digital Holdings Ltd. (GLXY.TO) 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
GLXY.TO vs. BTC-USD - Drawdown Comparison
The maximum GLXY.TO drawdown since its inception was -91.88%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for GLXY.TO and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
GLXY.TO vs. BTC-USD - Volatility Comparison
Galaxy Digital Holdings Ltd. (GLXY.TO) has a higher volatility of 33.52% compared to Bitcoin (BTC-USD) at 15.70%. This indicates that GLXY.TO's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.