MDBU.L vs. BTC-USD
MDBU.L (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis) is Government Bonds fund tracking the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, MDBU.L returned 2.03%/yr vs 12.64%/yr for BTC-USD. At a correlation of -0.00, they often move in opposite directions.
Performance
MDBU.L vs. BTC-USD - Performance Comparison
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Different Trading Currencies
MDBU.L is traded in GBp, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MDBU.L achieves a 0.13% return, which is significantly higher than BTC-USD's -27.31% return.
MDBU.L
- 1D
- 0.17%
- 1M
- 0.98%
- YTD
- 0.13%
- 6M
- -0.22%
- 1Y
- 4.43%
- 3Y*
- 1.21%
- 5Y*
- 2.03%
- 10Y*
- —
BTC-USD
- 1D
- -1.08%
- 1M
- -20.99%
- YTD
- -27.31%
- 6M
- -31.69%
- 1Y
- -38.94%
- 3Y*
- 31.62%
- 5Y*
- 12.64%
- 10Y*
- 60.90%
MDBU.L vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MDBU.L UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis | 0.13% | -0.80% | 4.66% | -1.28% | 3.51% | -0.35% | 1.30% | 1.13% | 0.00% |
BTC-USD Bitcoin | -27.31% | -12.95% | 125.81% | 140.73% | -59.81% | 60.91% | 292.68% | 86.71% | -0.89% |
Correlation
The correlation between MDBU.L and BTC-USD is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2018 | -0.00 |
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Return for Risk
MDBU.L vs. BTC-USD — Risk / Return Rank
MDBU.L
BTC-USD
MDBU.L vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.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.
| MDBU.L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.67 | ||
| Sortino ratioReturn per unit of downside risk | +2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.86 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | -0.78 | +1.72 |
| Martin ratioReturn relative to average drawdown | 2.30 | -1.39 | +3.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MDBU.L | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | -0.93 | +1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.23 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 1.14 | -1.01 |
Drawdowns
MDBU.L vs. BTC-USD - Drawdown Comparison
The maximum MDBU.L drawdown since its inception was -18.04%, smaller than the maximum BTC-USD drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for MDBU.L and BTC-USD.
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Drawdown Indicators
| MDBU.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.04% | -84.19% | +66.15% |
Max Drawdown (1Y)Largest decline over 1 year | -4.76% | -49.84% | +45.08% |
Max Drawdown (3Y)Largest decline over 3 years | -7.99% | -49.84% | +41.85% |
Max Drawdown (5Y)Largest decline over 5 years | -16.15% | -73.24% | +57.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.15% | — |
Current DrawdownCurrent decline from peak | -9.05% | -48.98% | +39.93% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -40.26% | +29.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 33.59% | -31.66% |
Volatility
MDBU.L vs. BTC-USD - Volatility Comparison
The current volatility for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.L) is 1.66%, while Bitcoin (BTC-USD) has a volatility of 10.38%. This indicates that MDBU.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.
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Volatility by Period
| MDBU.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 10.38% | -8.72% |
Volatility (6M)Calculated over the trailing 6-month period | 4.44% | 33.67% | -29.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.06% | 34.71% | -28.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.41% | 44.81% | -36.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.23% | 56.04% | -46.81% |
Frequently Asked Questions
MDBU.L and BTC-USD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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