ICP-USD vs. BTC-USD
ICP-USD (Internet Computer) and BTC-USD (Bitcoin) are both cryptocurrencies. Over the past 5 years, ICP-USD returned -53.31%/yr vs 11.35%/yr for BTC-USD. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
ICP-USD vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ICP-USD achieves a -18.34% return, which is significantly higher than BTC-USD's -29.97% return.
ICP-USD
- 1D
- -15.01%
- 1M
- -27.40%
- YTD
- -18.34%
- 6M
- -33.54%
- 1Y
- -52.32%
- 3Y*
- -19.41%
- 5Y*
- -53.31%
- 10Y*
- —
BTC-USD
- 1D
- -3.97%
- 1M
- -24.76%
- YTD
- -29.97%
- 6M
- -31.42%
- 1Y
- -39.67%
- 3Y*
- 31.02%
- 5Y*
- 11.35%
- 10Y*
- 59.37%
ICP-USD vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ICP-USD Internet Computer | -18.34% | -71.20% | -25.93% | 237.58% | -83.87% | -94.28% |
BTC-USD Bitcoin | -29.97% | -6.27% | 120.76% | 155.82% | -64.23% | -20.75% |
Correlation
The correlation between ICP-USD and BTC-USD is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since May 10, 2021 | 0.65 |
The correlation between ICP-USD and BTC-USD has been stable across timeframes, ranging from 0.57 to 0.65 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ICP-USD vs. BTC-USD — Risk / Return Rank
ICP-USD
BTC-USD
ICP-USD vs. BTC-USD - Risk-Adjusted Trends 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.
| ICP-USD | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.87 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | -0.78 | +0.10 |
| Martin ratioReturn relative to average drawdown | -0.98 | -1.39 | +0.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ICP-USD | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | -0.93 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | 0.21 | -0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.57 | 1.13 | -1.70 |
Drawdowns
ICP-USD vs. BTC-USD - Drawdown Comparison
The maximum ICP-USD drawdown since its inception was -99.51%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for ICP-USD and BTC-USD.
Loading charts...
Drawdown Indicators
| ICP-USD | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.51% | -85.30% | -14.21% |
Max Drawdown (1Y)Largest decline over 1 year | -76.70% | -50.87% | -25.83% |
Max Drawdown (3Y)Largest decline over 3 years | -89.03% | -50.87% | -38.16% |
Max Drawdown (5Y)Largest decline over 5 years | -97.72% | -76.67% | -21.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -99.46% | -50.87% | -48.59% |
Average DrawdownAverage peak-to-trough decline | -96.62% | -42.29% | -54.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 61.79% | 34.02% | +27.77% |
Volatility
ICP-USD vs. BTC-USD - Volatility Comparison
Internet Computer (ICP-USD) has a higher volatility of 34.26% compared to Bitcoin (BTC-USD) at 10.54%. 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.
Loading charts...
Volatility by Period
| ICP-USD | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.26% | 10.54% | +23.72% |
Volatility (6M)Calculated over the trailing 6-month period | 70.11% | 34.26% | +35.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 91.64% | 35.65% | +55.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.86% | 44.98% | +44.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.93% | 56.70% | +36.23% |
Frequently Asked Questions
ICP-USD and BTC-USD have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ICP-USD has higher volatility (34.26%) compared to BTC-USD (10.54%). In terms of maximum drawdown, ICP-USD dropped -99.51% vs BTC-USD's -85.30%.
ICP-USD currently has the higher Sharpe Ratio (-0.48 vs -0.93), 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.
Find the right allocation for ICP-USD and BTC-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer