MARA vs. BTC-USD
Compare and contrast key facts about Marathon Digital Holdings, Inc. (MARA) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MARA or BTC-USD.
Key characteristics
| MARA | BTC-USD | |
|---|---|---|
| YTD Return | -10.69% | 42.37% |
| 1Y Return | 36.95% | 95.51% |
| 3Y Return (Ann) | -11.55% | 19.39% |
| 5Y Return (Ann) | 50.18% | 40.50% |
| 10Y Return (Ann) | -13.72% | 57.62% |
| Sharpe Ratio | 0.34 | 2.40 |
| Daily Std Dev | 107.71% | 39.33% |
| Max Drawdown | -99.83% | -93.07% |
| Current Drawdown | -91.03% | -17.66% |
Correlation
The correlation between MARA and BTC-USD is 0.26, 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
MARA vs. BTC-USD - Performance Comparison
In the year-to-date period, MARA achieves a -10.69% return, which is significantly lower than BTC-USD's 42.37% return. Over the past 10 years, MARA has underperformed BTC-USD with an annualized return of -13.72%, while BTC-USD has yielded a comparatively higher 57.62% 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
MARA vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Marathon Digital Holdings, Inc. (MARA) 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
MARA vs. BTC-USD - Drawdown Comparison
The maximum MARA drawdown since its inception was -99.83%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for MARA and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
MARA vs. BTC-USD - Volatility Comparison
Marathon Digital Holdings, Inc. (MARA) has a higher volatility of 20.05% compared to Bitcoin (BTC-USD) at 9.65%. This indicates that MARA'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.