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

Correlation

The correlation between HUT and BTC-USD is 0.36, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

HUT vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hut 8 Corp. Common Stock (HUT) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%NovemberDecember2025FebruaryMarchApril
-10.07%
39.44%
HUT
BTC-USD

Key characteristics

Sharpe Ratio

HUT:

0.38

BTC-USD:

1.95

Sortino Ratio

HUT:

1.28

BTC-USD:

2.56

Omega Ratio

HUT:

1.15

BTC-USD:

1.26

Calmar Ratio

HUT:

0.43

BTC-USD:

1.73

Martin Ratio

HUT:

1.12

BTC-USD:

8.72

Ulcer Index

HUT:

34.99%

BTC-USD:

11.36%

Daily Std Dev

HUT:

102.29%

BTC-USD:

42.72%

Max Drawdown

HUT:

-95.04%

BTC-USD:

-93.07%

Current Drawdown

HUT:

-83.14%

BTC-USD:

-10.76%

Returns By Period

In the year-to-date period, HUT achieves a -34.60% return, which is significantly lower than BTC-USD's 1.38% return.


HUT

YTD

-34.60%

1M

7.54%

6M

-10.07%

1Y

52.10%

5Y*

33.29%

10Y*

N/A

BTC-USD

YTD

1.38%

1M

8.65%

6M

41.34%

1Y

48.57%

5Y*

64.83%

10Y*

82.95%

*Annualized

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Risk-Adjusted Performance

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

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

HUT
The Risk-Adjusted Performance Rank of HUT is 6969
Overall Rank
The Sharpe Ratio Rank of HUT is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of HUT is 7373
Sortino Ratio Rank
The Omega Ratio Rank of HUT is 6969
Omega Ratio Rank
The Calmar Ratio Rank of HUT is 7171
Calmar Ratio Rank
The Martin Ratio Rank of HUT is 6666
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9090
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8585
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8787
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9393
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9191
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.

HUT vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. Common Stock (HUT) 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.


The chart of Sharpe ratio for HUT, currently valued at 0.24, compared to the broader market-2.00-1.000.001.002.003.00
HUT: 0.24
BTC-USD: 1.95
The chart of Sortino ratio for HUT, currently valued at 1.10, compared to the broader market-6.00-4.00-2.000.002.004.00
HUT: 1.10
BTC-USD: 2.56
The chart of Omega ratio for HUT, currently valued at 1.13, compared to the broader market0.501.001.502.00
HUT: 1.13
BTC-USD: 1.26
The chart of Calmar ratio for HUT, currently valued at 0.08, compared to the broader market0.001.002.003.004.005.00
HUT: 0.08
BTC-USD: 1.73
The chart of Martin ratio for HUT, currently valued at 0.74, compared to the broader market-5.000.005.0010.0015.0020.00
HUT: 0.74
BTC-USD: 8.72

The current HUT Sharpe Ratio is 0.38, which is lower than the BTC-USD Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of HUT 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-1.000.001.002.003.004.005.00NovemberDecember2025FebruaryMarchApril
0.24
1.95
HUT
BTC-USD

Drawdowns

HUT vs. BTC-USD - Drawdown Comparison

The maximum HUT drawdown since its inception was -95.04%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for HUT and BTC-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-83.14%
-10.76%
HUT
BTC-USD

Volatility

HUT vs. BTC-USD - Volatility Comparison

Hut 8 Corp. Common Stock (HUT) has a higher volatility of 29.85% compared to Bitcoin (BTC-USD) at 16.25%. This indicates that HUT'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.


10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2025FebruaryMarchApril
29.85%
16.25%
HUT
BTC-USD