HIVE vs. BTC-USD
Compare and contrast key facts about HIVE Blockchain Technologies Ltd (HIVE) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIVE or BTC-USD.
Key characteristics
| HIVE | BTC-USD | |
|---|---|---|
| YTD Return | 15.67% | 108.10% |
| 1Y Return | 83.86% | 140.96% |
| 3Y Return (Ann) | -37.75% | 10.91% |
| 5Y Return (Ann) | 54.47% | 58.81% |
| Sharpe Ratio | 0.72 | 1.10 |
| Sortino Ratio | 1.60 | 1.80 |
| Omega Ratio | 1.18 | 1.18 |
| Calmar Ratio | 0.74 | 0.94 |
| Martin Ratio | 1.64 | 4.49 |
| Ulcer Index | 40.98% | 13.18% |
| Daily Std Dev | 93.70% | 44.51% |
| Max Drawdown | -97.73% | -93.07% |
| Current Drawdown | -80.48% | -0.84% |
Correlation
The correlation between HIVE and BTC-USD is 0.48, 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
HIVE vs. BTC-USD - Performance Comparison
In the year-to-date period, HIVE achieves a 15.67% return, which is significantly lower than BTC-USD's 108.10% 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
HIVE vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HIVE Blockchain Technologies Ltd (HIVE) 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
HIVE vs. BTC-USD - Drawdown Comparison
The maximum HIVE drawdown since its inception was -97.73%, 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 HIVE and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
HIVE vs. BTC-USD - Volatility Comparison
HIVE Blockchain Technologies Ltd (HIVE) has a higher volatility of 33.97% compared to Bitcoin (BTC-USD) at 16.08%. This indicates that HIVE'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.