HUT vs. BTCS

Last updated Jun 23, 2026

HUT (Hut 8 Corp.) and BTCS (BTCS Inc.) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past 5 years, HUT returned 46.32%/yr vs -28.98%/yr for BTCS. At a 0.42 correlation, their price movements are largely independent.

Performance

HUT vs. BTCS - Performance Comparison

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

Returns By Period

In the year-to-date period, HUT achieves a 163.47% return, which is significantly higher than BTCS's -57.95% return.

HUT

• 1D: -2.73%
• 1M: 14.30%
• YTD: 163.47%
• 6M: 140.21%
• 1Y: 624.79%
• 3Y*: 102.16%
• 5Y*: 46.32%
• 10Y*: —

BTCS

• 1D: 0.91%
• 1M: -32.73%
• YTD: -57.95%
• 6M: -64.65%
• 1Y: -50.34%
• 3Y*: -3.53%
• 5Y*: -28.98%
• 10Y*: -40.30%

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

HUT vs. BTCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HUT Hut 8 Corp.	163.47%	124.21%	53.60%	213.88%	-89.17%	185.45%	250.63%	-25.02%	-70.80%
BTCS BTCS Inc.	-57.95%	8.08%	51.53%	158.73%	-79.65%	65.26%	179.41%	-85.38%	-81.10%

Correlation

The correlation between HUT and BTCS is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018	0.42

Fundamentals

Market Cap HUT : $13.44B BTCS : $53.53M
EPS HUT : -$2.73 BTCS : -$1.97
PB Ratio HUT : 9.74 BTCS : 0.76
Total Revenue (TTM) HUT : -$40.96M BTCS : $16.95M
Gross Profit (TTM) HUT : -$132.19M BTCS : $2.90M
EBITDA (TTM) HUT : -$306.16M BTCS : -$65.04M

Return for Risk

HUT vs. BTCS — Risk / Return Rank

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

HUT

HUT Risk / Return Rank: 97
HUT Sharpe Ratio Rank: 99
HUT Sortino Ratio Rank: 95
HUT Omega Ratio Rank: 94
HUT Calmar Ratio Rank: 99
HUT Martin Ratio Rank: 99

BTCS

BTCS Risk / Return Rank: 28
BTCS Sharpe Ratio Rank: 27
BTCS Sortino Ratio Rank: 36
BTCS Omega Ratio Rank: 36
BTCS Calmar Ratio Rank: 20
BTCS Martin Ratio Rank: 24

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.

HUT vs. BTCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. (HUT) and BTCS Inc. (BTCS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HUT	BTCS	Difference
Sharpe ratio: Return per unit of total volatility	6.14	-0.34	+6.48
Sortino ratio: Return per unit of downside risk	4.06	0.20	+3.86
Omega ratio: Gain probability vs. loss probability	1.51	1.02	+0.49
Calmar ratio: Return relative to maximum drawdown	16.33	-0.61	+16.94
Martin ratio: Return relative to average drawdown	44.49	-0.90	+45.39

HUT vs. BTCS - Sharpe Ratio Comparison

The current HUT Sharpe Ratio is 6.14, which is higher than the BTCS Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of HUT and BTCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HUT vs. BTCS - Drawdown Comparison

The maximum HUT drawdown since its inception was -95.04%, roughly equal to the maximum BTCS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for HUT and BTCS.

Drawdown Indicators

	HUT	BTCS	Difference
Max Drawdown Largest peak-to-trough decline	-95.04%	-100.00%	+4.96%
Max Drawdown (1Y) Largest decline over 1 year	-38.62%	-83.07%	+44.45%
Max Drawdown (3Y) Largest decline over 3 years	-71.68%	-83.07%	+11.39%
Max Drawdown (5Y) Largest decline over 5 years	-95.04%	-92.94%	-2.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-99.75%	—
Current Drawdown Current decline from peak	-9.01%	-99.99%	+90.98%
Average Drawdown Average peak-to-trough decline	-63.41%	-97.68%	+34.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.15%	56.01%	-41.86%

Volatility

HUT vs. BTCS - Volatility Comparison

Hut 8 Corp. (HUT) has a higher volatility of 25.07% compared to BTCS Inc. (BTCS) at 20.35%. This indicates that HUT's price experiences larger fluctuations and is considered to be riskier than BTCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUT	BTCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.07%	20.35%	+4.72%
Volatility (6M) Calculated over the trailing 6-month period	73.58%	59.11%	+14.47%
Volatility (1Y) Calculated over the trailing 1-year period	102.96%	148.15%	-45.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.59%	128.43%	-22.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.63%	193.40%	-78.77%

Dividends

HUT vs. BTCS - Dividend Comparison

HUT has not paid dividends to shareholders, while BTCS's dividend yield for the trailing twelve months is around 4.50%.

Position	TTM	2025	2024	2023	2022
BTCS BTCS Inc.	4.50%	1.89%	0.00%	0.00%	7.94%
HUT Hut 8 Corp.	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both HUT and BTCS in my portfolio?

HUT and BTCS have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUT or BTCS?

HUT has higher volatility (25.07%) compared to BTCS (20.35%). In terms of maximum drawdown, HUT dropped -95.04% vs BTCS's -100.00%.

Which has better risk-adjusted returns?

HUT currently has the higher Sharpe Ratio (6.14 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.