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

Correlation

The correlation between ICP-USD 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.


Performance

ICP-USD vs. BTC-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

ICP-USD:

-0.57

BTC-USD:

1.34

Sortino Ratio

ICP-USD:

0.01

BTC-USD:

3.13

Omega Ratio

ICP-USD:

1.00

BTC-USD:

1.33

Calmar Ratio

ICP-USD:

0.00

BTC-USD:

2.51

Martin Ratio

ICP-USD:

-0.80

BTC-USD:

11.77

Ulcer Index

ICP-USD:

43.10%

BTC-USD:

11.18%

Daily Std Dev

ICP-USD:

76.44%

BTC-USD:

42.21%

Max Drawdown

ICP-USD:

-99.32%

BTC-USD:

-93.18%

Current Drawdown

ICP-USD:

-98.68%

BTC-USD:

-2.46%

Returns By Period

In the year-to-date period, ICP-USD achieves a -42.76% return, which is significantly lower than BTC-USD's 10.82% return.


ICP-USD

YTD

-42.76%

1M

18.72%

6M

-29.21%

1Y

-54.80%

5Y*

N/A

10Y*

N/A

BTC-USD

YTD

10.82%

1M

23.75%

6M

18.67%

1Y

56.24%

5Y*

61.70%

10Y*

84.00%

*Annualized

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Risk-Adjusted Performance

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

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

ICP-USD
The Risk-Adjusted Performance Rank of ICP-USD is 1010
Overall Rank
The Sharpe Ratio Rank of ICP-USD is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of ICP-USD is 66
Sortino Ratio Rank
The Omega Ratio Rank of ICP-USD is 66
Omega Ratio Rank
The Calmar Ratio Rank of ICP-USD is 1818
Calmar Ratio Rank
The Martin Ratio Rank of ICP-USD is 88
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 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8686
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9393
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9090
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.

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

This table presents a comparison of risk-adjusted performance metrics for Internet Computer (ICP-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.


The current ICP-USD Sharpe Ratio is -0.57, which is lower than the BTC-USD Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of ICP-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.


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Drawdowns

ICP-USD vs. BTC-USD - Drawdown Comparison

The maximum ICP-USD drawdown since its inception was -99.32%, which is greater than BTC-USD's maximum drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for ICP-USD and BTC-USD. For additional features, visit the drawdowns tool.


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Volatility

ICP-USD vs. BTC-USD - Volatility Comparison

Internet Computer (ICP-USD) has a higher volatility of 19.89% compared to Bitcoin (BTC-USD) at 10.35%. This indicates that ICP-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.


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