MATIC-USD vs. BTC-USD
Compare and contrast key facts about Polygon USD (MATIC-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MATIC-USD or BTC-USD.
Correlation
The correlation between MATIC-USD and BTC-USD is 0.29, 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
MATIC-USD vs. BTC-USD - Performance Comparison
Key characteristics
Returns By Period
MATIC-USD
N/A
N/A
N/A
N/A
N/A
N/A
BTC-USD
0.29%
7.12%
37.47%
45.77%
65.44%
82.48%
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Risk-Adjusted Performance
MATIC-USD vs. BTC-USD — Risk-Adjusted Performance Rank
MATIC-USD
BTC-USD
MATIC-USD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polygon USD (MATIC-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.
Drawdowns
MATIC-USD vs. BTC-USD - Drawdown Comparison
Volatility
MATIC-USD vs. BTC-USD - Volatility Comparison
The current volatility for Polygon USD (MATIC-USD) is 0.00%, while Bitcoin (BTC-USD) has a volatility of 16.27%. This indicates that MATIC-USD 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.