HEX-USD vs. BTC-USD
Compare and contrast key facts about HEX (HEX-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HEX-USD or BTC-USD.
Correlation
The correlation between HEX-USD and BTC-USD is 0.33, 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
HEX-USD vs. BTC-USD - Performance Comparison
Key characteristics
HEX-USD:
0.32
BTC-USD:
1.57
HEX-USD:
2.33
BTC-USD:
2.22
HEX-USD:
1.20
BTC-USD:
1.23
HEX-USD:
0.29
BTC-USD:
1.28
HEX-USD:
1.40
BTC-USD:
6.85
HEX-USD:
48.34%
BTC-USD:
11.51%
HEX-USD:
153.22%
BTC-USD:
42.41%
HEX-USD:
-99.79%
BTC-USD:
-93.07%
HEX-USD:
-99.61%
BTC-USD:
-9.66%
Returns By Period
In the year-to-date period, HEX-USD achieves a -40.24% return, which is significantly lower than BTC-USD's 2.64% return.
HEX-USD
-40.24%
21.66%
7.93%
-5.09%
-19.34%
N/A
BTC-USD
2.64%
14.37%
39.50%
50.09%
60.54%
82.27%
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Risk-Adjusted Performance
HEX-USD vs. BTC-USD — Risk-Adjusted Performance Rank
HEX-USD
BTC-USD
HEX-USD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HEX (HEX-USD) 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
HEX-USD vs. BTC-USD - Drawdown Comparison
The maximum HEX-USD drawdown since its inception was -99.79%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for HEX-USD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
HEX-USD vs. BTC-USD - Volatility Comparison
HEX (HEX-USD) has a higher volatility of 48.46% compared to Bitcoin (BTC-USD) at 15.25%. This indicates that HEX-USD'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.