LGO vs. BTC-USD
LGO (Largo Resources Ltd) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, LGO returned -14.43%/yr vs 57.94%/yr for BTC-USD. At a 0.07 correlation, their price movements are largely independent.
Performance
LGO vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LGO achieves a -22.10% return, which is significantly higher than BTC-USD's -26.96% return. Over the past 10 years, LGO has underperformed BTC-USD with an annualized return of -14.43%, while BTC-USD has yielded a comparatively higher 57.94% annualized return.
LGO
- 1D
- -1.99%
- 1M
- -8.74%
- 6M
- -38.65%
- YTD
- -22.10%
- 1Y
- -47.09%
- 3Y*
- -45.03%
- 5Y*
- -45.65%
- 10Y*
- -14.43%
BTC-USD
- 1D
- 0.21%
- 1M
- 0.58%
- 6M
- -29.67%
- YTD
- -26.96%
- 1Y
- -45.60%
- 3Y*
- 26.63%
- 5Y*
- 14.32%
- 10Y*
- 57.94%
LGO vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGO Largo Resources Ltd | -22.10% | -45.51% | -25.54% | -57.06% | -41.90% | -16.18% | 43.48% | -62.79% | 93.41% | 179.30% |
BTC-USD Bitcoin | -26.96% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between LGO and BTC-USD is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2012 | 0.07 |
Over the past year, LGO and BTC-USD have become more correlated (0.28) than their long-term average of 0.07, meaning their price movements have been converging.
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
LGO vs. BTC-USD — Risk / Return Rank
LGO
BTC-USD
LGO vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Largo Resources Ltd (LGO) 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.
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.
| LGO | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.84 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | -0.86 | +0.24 |
| Martin ratioReturn relative to average drawdown | -0.95 | -1.40 | +0.45 |
Loading charts...
Drawdowns
LGO vs. BTC-USD - Drawdown Comparison
The maximum LGO drawdown since its inception was -99.25%, 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 LGO and BTC-USD.
Loading charts...
Drawdown Indicators
| LGO | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.25% | -85.30% | -13.95% |
Max Drawdown (1Y)Largest decline over 1 year | -74.83% | -53.08% | -21.75% |
Max Drawdown (3Y)Largest decline over 3 years | -86.68% | -53.08% | -33.60% |
Max Drawdown (5Y)Largest decline over 5 years | -96.22% | -76.67% | -19.55% |
Max Drawdown (10Y)Largest decline over 10 years | -98.19% | -83.80% | -14.39% |
Current DrawdownCurrent decline from peak | -99.14% | -48.76% | -50.38% |
Average DrawdownAverage peak-to-trough decline | -81.72% | -42.54% | -39.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.36% | 29.22% | +19.14% |
Volatility
LGO vs. BTC-USD - Volatility Comparison
Largo Resources Ltd (LGO) has a higher volatility of 27.76% compared to Bitcoin (BTC-USD) at 8.77%. This indicates that LGO'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
| LGO | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.76% | 8.77% | +18.99% |
Volatility (6M)Calculated over the trailing 6-month period | 61.22% | 34.92% | +26.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.85% | 35.53% | +59.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.86% | 43.94% | +27.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.81% | 56.32% | +20.49% |
Frequently Asked Questions
LGO and BTC-USD have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LGO has higher volatility (27.76%) compared to BTC-USD (8.77%). In terms of maximum drawdown, LGO dropped -99.25% vs BTC-USD's -85.30%.
LGO currently has the higher Sharpe Ratio (-0.49 vs -1.07), 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 LGO 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