L vs. BTC-USD
Compare and contrast key facts about Loews Corporation (L) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: L or BTC-USD.
Key characteristics
| L | BTC-USD | |
|---|---|---|
| YTD Return | 19.52% | 108.10% |
| 1Y Return | 26.20% | 140.96% |
| 3Y Return (Ann) | 13.81% | 10.91% |
| 5Y Return (Ann) | 11.16% | 58.81% |
| 10Y Return (Ann) | 7.41% | 72.54% |
| Sharpe Ratio | 1.58 | 1.10 |
| Sortino Ratio | 2.21 | 1.80 |
| Omega Ratio | 1.29 | 1.18 |
| Calmar Ratio | 3.95 | 0.94 |
| Martin Ratio | 9.60 | 4.49 |
| Ulcer Index | 2.75% | 13.18% |
| Daily Std Dev | 16.67% | 44.51% |
| Max Drawdown | -65.58% | -93.07% |
| Current Drawdown | -0.29% | -0.84% |
Correlation
The correlation between L and BTC-USD is 0.05, 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
L vs. BTC-USD - Performance Comparison
In the year-to-date period, L achieves a 19.52% return, which is significantly lower than BTC-USD's 108.10% return. Over the past 10 years, L has underperformed BTC-USD with an annualized return of 7.41%, while BTC-USD has yielded a comparatively higher 72.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
L vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Loews Corporation (L) 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.
Drawdowns
L vs. BTC-USD - Drawdown Comparison
The maximum L drawdown since its inception was -65.58%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for L and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
L vs. BTC-USD - Volatility Comparison
The current volatility for Loews Corporation (L) is 8.16%, while Bitcoin (BTC-USD) has a volatility of 16.08%. This indicates that L 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.