HUB.AX vs. BTC-USD

Last updated Jun 5, 2026

HUB.AX (HUB24 Limited) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, HUB.AX returned 37.03%/yr vs 60.26%/yr for BTC-USD. At a correlation of -0.04, they often move in opposite directions.

Performance

HUB.AX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in HUB24 Limited (HUB.AX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HUB.AX is traded in AUD, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HUB.AX achieves a -12.57% return, which is significantly higher than BTC-USD's -33.69% return. Over the past 10 years, HUB.AX has underperformed BTC-USD with an annualized return of 37.03%, while BTC-USD has yielded a comparatively higher 60.26% annualized return.

HUB.AX

• 1D: -0.13%
• 1M: 3.34%
• YTD: -12.57%
• 6M: -15.81%
• 1Y: 0.28%
• 3Y*: 50.77%
• 5Y*: 25.88%
• 10Y*: 37.03%

BTC-USD

• 1D: -2.79%
• 1M: -22.71%
• YTD: -33.69%
• 6M: -35.39%
• 1Y: -44.32%
• 3Y*: 28.64%
• 5Y*: 12.81%
• 10Y*: 60.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HUB.AX vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HUB.AX HUB24 Limited	-12.57%	39.20%	94.97%	36.81%	-5.29%	33.10%	92.58%	-5.73%	24.46%	84.04%
BTC-USD Bitcoin	-33.69%	-13.08%	144.27%	153.58%	-61.70%	68.75%	269.04%	95.00%	-71.94%	1,300.44%

Correlation

The correlation between HUB.AX and BTC-USD is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	-0.11
Correlation (5Y) Calculated over the trailing 5-year period	-0.08
Correlation (10Y) Calculated over the trailing 10-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Sep 21, 2012	-0.04

The correlation between HUB.AX and BTC-USD shifts across timeframes, from -0.15 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HUB.AX vs. BTC-USD — Risk / Return Rank

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

HUB.AX

HUB.AX Risk / Return Rank: 39
HUB.AX Sharpe Ratio Rank: 40
HUB.AX Sortino Ratio Rank: 38
HUB.AX Omega Ratio Rank: 38
HUB.AX Calmar Ratio Rank: 40
HUB.AX Martin Ratio Rank: 40

BTC-USD

BTC-USD Risk / Return Rank: 30
BTC-USD Sharpe Ratio Rank: 15
BTC-USD Sortino Ratio Rank: 33
BTC-USD Omega Ratio Rank: 33
BTC-USD Calmar Ratio Rank: 48
BTC-USD Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HUB.AX vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HUB24 Limited (HUB.AX) 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.

	HUB.AX	BTC-USD	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	-1.09	+1.07
Sortino ratio: Return per unit of downside risk	0.30	-1.62	+1.92
Omega ratio: Gain probability vs. loss probability	1.04	0.83	+0.21
Calmar ratio: Return relative to maximum drawdown	-0.03	-0.82	+0.80
Martin ratio: Return relative to average drawdown	-0.05	-1.45	+1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUB.AX vs. BTC-USD - Sharpe Ratio Comparison

The current HUB.AX Sharpe Ratio is -0.02, which is higher than the BTC-USD Sharpe Ratio of -1.09. The chart below compares the historical Sharpe Ratios of HUB.AX and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HUB.AX	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	-1.09	+1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.24	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	0.90	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	1.18	-0.99

Drawdowns

HUB.AX vs. BTC-USD - Drawdown Comparison

The maximum HUB.AX drawdown since its inception was -96.83%, which is greater than BTC-USD's maximum drawdown of -83.70%. Use the drawdown chart below to compare losses from any high point for HUB.AX and BTC-USD.

Drawdown Indicators

	HUB.AX	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-96.83%	-83.70%	-13.13%
Max Drawdown (1Y) Largest decline over 1 year	-35.43%	-53.90%	+18.47%
Max Drawdown (3Y) Largest decline over 3 years	-35.43%	-53.90%	+18.47%
Max Drawdown (5Y) Largest decline over 5 years	-46.04%	-73.77%	+27.73%
Max Drawdown (10Y) Largest decline over 10 years	-58.17%	-82.07%	+23.90%
Current Drawdown Current decline from peak	-29.04%	-53.90%	+24.86%
Average Drawdown Average peak-to-trough decline	-44.34%	-39.28%	-5.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.38%	36.46%	-18.08%

Volatility

HUB.AX vs. BTC-USD - Volatility Comparison

The current volatility for HUB24 Limited (HUB.AX) is 8.90%, while Bitcoin (BTC-USD) has a volatility of 10.21%. This indicates that HUB.AX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUB.AX	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.90%	10.21%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	35.59%	33.05%	+2.54%
Volatility (1Y) Calculated over the trailing 1-year period	45.47%	33.78%	+11.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.22%	44.28%	-5.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.31%	55.55%	-13.24%

Frequently Asked Questions

Can I hold both HUB.AX and BTC-USD in my portfolio?

HUB.AX and BTC-USD have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.