L vs. BTC-USD
L (Loews Corporation) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, L returned 10.69%/yr vs 59.71%/yr for BTC-USD. At a 0.05 correlation, their price movements are largely independent.
Performance
L vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, L achieves a -0.16% return, which is significantly higher than BTC-USD's -27.60% return. Over the past 10 years, L has underperformed BTC-USD with an annualized return of 10.69%, while BTC-USD has yielded a comparatively higher 59.71% annualized return.
L
- 1D
- 0.54%
- 1M
- -1.05%
- YTD
- -0.16%
- 6M
- 0.62%
- 1Y
- 19.34%
- 3Y*
- 21.92%
- 5Y*
- 12.98%
- 10Y*
- 10.69%
BTC-USD
- 1D
- -1.08%
- 1M
- -21.71%
- YTD
- -27.60%
- 6M
- -31.22%
- 1Y
- -39.53%
- 3Y*
- 35.01%
- 5Y*
- 12.25%
- 10Y*
- 59.71%
L vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
L Loews Corporation | -0.16% | 24.68% | 22.09% | 19.78% | 1.41% | 28.89% | -13.69% | 15.89% | -8.56% | 8.56% |
BTC-USD Bitcoin | -27.60% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between L and BTC-USD is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2012 | 0.05 |
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
L vs. BTC-USD — Risk / Return Rank
L
BTC-USD
L vs. BTC-USD - Risk-Adjusted Trends 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.
| L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.15 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.87 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | -0.80 | +3.23 |
| Martin ratioReturn relative to average drawdown | 6.39 | -1.39 | +7.79 |
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
| L | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | -0.92 | +2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.23 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.88 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.13 | -0.80 |
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 -85.30%. Use the drawdown chart below to compare losses from any high point for L and BTC-USD.
Loading charts...
Drawdown Indicators
| L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.58% | -85.30% | +19.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.99% | -49.65% | +41.66% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -49.65% | +37.49% |
Max Drawdown (5Y)Largest decline over 5 years | -26.11% | -76.67% | +50.56% |
Max Drawdown (10Y)Largest decline over 10 years | -48.53% | -83.80% | +35.27% |
Current DrawdownCurrent decline from peak | -6.69% | -49.21% | +42.52% |
Average DrawdownAverage peak-to-trough decline | -16.75% | -42.28% | +25.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 33.87% | -30.84% |
Volatility
L vs. BTC-USD - Volatility Comparison
The current volatility for Loews Corporation (L) is 4.59%, while Bitcoin (BTC-USD) has a volatility of 10.14%. 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.
Loading charts...
Volatility by Period
| L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 10.14% | -5.55% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 34.17% | -21.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 35.51% | -19.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.61% | 44.98% | -25.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.63% | 56.69% | -31.06% |
Frequently Asked Questions
L and BTC-USD have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (10.14%) compared to L (4.59%). In terms of maximum drawdown, L dropped -65.58% vs BTC-USD's -85.30%.
L currently has the higher Sharpe Ratio (1.23 vs -0.92), 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 L 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