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HEX-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

HEX-USD vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HEX (HEX-USD) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%SeptemberOctoberNovemberDecember2025February
158.64%
61.66%
HEX-USD
BTC-USD

Key characteristics

Sharpe Ratio

HEX-USD:

1.17

BTC-USD:

1.21

Sortino Ratio

HEX-USD:

2.93

BTC-USD:

1.92

Omega Ratio

HEX-USD:

1.27

BTC-USD:

1.19

Calmar Ratio

HEX-USD:

1.37

BTC-USD:

0.94

Martin Ratio

HEX-USD:

6.23

BTC-USD:

6.13

Ulcer Index

HEX-USD:

35.66%

BTC-USD:

9.71%

Daily Std Dev

HEX-USD:

158.76%

BTC-USD:

43.78%

Max Drawdown

HEX-USD:

-99.79%

BTC-USD:

-93.07%

Current Drawdown

HEX-USD:

-99.33%

BTC-USD:

-9.39%

Returns By Period

In the year-to-date period, HEX-USD achieves a 3.30% return, which is significantly higher than BTC-USD's 2.94% return.


HEX-USD

YTD

3.30%

1M

3.43%

6M

155.84%

1Y

-66.71%

5Y*

61.20%

10Y*

N/A

BTC-USD

YTD

2.94%

1M

-7.93%

6M

64.45%

1Y

86.16%

5Y*

56.82%

10Y*

82.07%

*Annualized

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Risk-Adjusted Performance

HEX-USD vs. BTC-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HEX-USD
The Risk-Adjusted Performance Rank of HEX-USD is 8787
Overall Rank
The Sharpe Ratio Rank of HEX-USD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of HEX-USD is 8989
Sortino Ratio Rank
The Omega Ratio Rank of HEX-USD is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HEX-USD is 8989
Calmar Ratio Rank
The Martin Ratio Rank of HEX-USD is 8686
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 8383
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8282
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8080
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 8686
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for HEX-USD, currently valued at 1.17, compared to the broader market0.002.004.006.001.171.21
The chart of Sortino ratio for HEX-USD, currently valued at 2.93, compared to the broader market-1.000.001.002.003.004.005.002.931.92
The chart of Omega ratio for HEX-USD, currently valued at 1.27, compared to the broader market0.901.001.101.201.301.401.501.271.19
The chart of Calmar ratio for HEX-USD, currently valued at 1.37, compared to the broader market1.002.003.004.005.006.001.370.94
The chart of Martin ratio for HEX-USD, currently valued at 6.23, compared to the broader market0.0010.0020.0030.0040.0050.006.236.13
HEX-USD
BTC-USD

The current HEX-USD Sharpe Ratio is 1.17, which is comparable to the BTC-USD Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of HEX-USD and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00SeptemberOctoberNovemberDecember2025February
1.17
1.21
HEX-USD
BTC-USD

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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%SeptemberOctoberNovemberDecember2025February
-99.33%
-9.39%
HEX-USD
BTC-USD

Volatility

HEX-USD vs. BTC-USD - Volatility Comparison

HEX (HEX-USD) has a higher volatility of 79.22% compared to Bitcoin (BTC-USD) at 10.22%. 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.


20.00%40.00%60.00%80.00%SeptemberOctoberNovemberDecember2025February
79.22%
10.22%
HEX-USD
BTC-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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