MIGI vs. BTC-USD

Last updated Apr 3, 2026

Compare and contrast key facts about Mawson Infrastructure Group, Inc. (MIGI) and Bitcoin (BTC-USD).

Performance

MIGI vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mawson Infrastructure Group, Inc. (MIGI) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

MIGI vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MIGI Mawson Infrastructure Group, Inc.	-59.48%	-74.72%	-73.97%	131.88%	-96.53%	215.71%	16.67%	-78.82%	-49.40%	-72.00%
BTC-USD Bitcoin	-23.70%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	67.92%

Returns By Period

In the year-to-date period, MIGI achieves a -59.48% return, which is significantly lower than BTC-USD's -23.70% return.

MIGI

• 1D: -11.61%
• 1M: -39.07%
• YTD: -59.48%
• 6M: -89.82%
• 1Y: -82.61%
• 3Y*: -69.55%
• 5Y*: -73.31%
• 10Y*: —

BTC-USD

• 1D: -1.99%
• 1M: -2.31%
• YTD: -23.70%
• 6M: -44.66%
• 1Y: -19.07%
• 3Y*: 33.89%
• 5Y*: 3.18%
• 10Y*: 66.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MIGI vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MIGI

MIGI Risk / Return Rank: 16
MIGI Sharpe Ratio Rank: 18
MIGI Sortino Ratio Rank: 20
MIGI Omega Ratio Rank: 20
MIGI Calmar Ratio Rank: 8
MIGI Martin Ratio Rank: 11

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MIGI vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mawson Infrastructure Group, Inc. (MIGI) 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.

	MIGI	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.50	-0.43	-0.07
Sortino ratio Return per unit of downside risk	-0.43	-0.36	-0.07
Omega ratio Gain probability vs. loss probability	0.95	0.96	-0.01
Calmar ratio Return relative to maximum drawdown	-0.86	-1.14	+0.27
Martin ratio Return relative to average drawdown	-1.38	-2.03	+0.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MIGI vs. BTC-USD - Sharpe Ratio Comparison

The current MIGI Sharpe Ratio is -0.50, which is comparable to the BTC-USD Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of MIGI and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MIGI	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.50	-0.43	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.49	0.06	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	1.18	-1.52

Correlation

The correlation between MIGI and BTC-USD is 0.15, 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.

Drawdowns

MIGI vs. BTC-USD - Drawdown Comparison

The maximum MIGI drawdown since its inception was -99.98%, 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 MIGI and BTC-USD.

Drawdown Indicators

	MIGI	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-85.30%	-14.68%
Max Drawdown (1Y) Largest decline over 1 year	-94.92%	-49.65%	-45.27%
Max Drawdown (5Y) Largest decline over 5 years	-99.91%	-76.67%	-23.24%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-99.98%	-46.47%	-53.51%
Average Drawdown Average peak-to-trough decline	-88.33%	-42.00%	-46.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	59.47%	27.75%	+31.72%

Volatility

MIGI vs. BTC-USD - Volatility Comparison

Mawson Infrastructure Group, Inc. (MIGI) has a higher volatility of 22.85% compared to Bitcoin (BTC-USD) at 13.70%. This indicates that MIGI'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.

Volatility by Period

	MIGI	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.85%	13.70%	+9.15%
Volatility (6M) Calculated over the trailing 6-month period	137.35%	35.96%	+101.39%
Volatility (1Y) Calculated over the trailing 1-year period	164.82%	36.69%	+128.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	150.92%	46.91%	+104.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	185.45%	56.71%	+128.74%