MP1.AX vs. BTC-USD
MP1.AX (Megaport Limited) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, MP1.AX returned 22.24%/yr vs 60.27%/yr for BTC-USD. At a correlation of -0.03, they often move in opposite directions.
Performance
MP1.AX vs. BTC-USD - Performance Comparison
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Different Trading Currencies
MP1.AX is traded in AUD, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MP1.AX achieves a 36.48% return, which is significantly higher than BTC-USD's -32.04% return. Over the past 10 years, MP1.AX has underperformed BTC-USD with an annualized return of 22.24%, while BTC-USD has yielded a comparatively higher 60.27% annualized return.
MP1.AX
- 1D
- 0.00%
- 1M
- 84.35%
- YTD
- 36.48%
- 6M
- 27.97%
- 1Y
- 23.49%
- 3Y*
- 32.38%
- 5Y*
- 2.17%
- 10Y*
- 22.24%
BTC-USD
- 1D
- -0.79%
- 1M
- -20.88%
- YTD
- -32.04%
- 6M
- -36.05%
- 1Y
- -44.80%
- 3Y*
- 31.82%
- 5Y*
- 13.36%
- 10Y*
- 60.27%
MP1.AX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MP1.AX Megaport Limited | 36.48% | 65.13% | -19.89% | 45.80% | -66.00% | 30.25% | 32.68% | 193.44% | 7.65% | 40.50% |
BTC-USD Bitcoin | -32.04% | -13.08% | 144.27% | 153.58% | -61.70% | 68.75% | 269.04% | 95.00% | -71.94% | 1,300.44% |
Correlation
The correlation between MP1.AX and BTC-USD is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2015 | -0.03 |
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Return for Risk
MP1.AX vs. BTC-USD — Risk / Return Rank
MP1.AX
BTC-USD
MP1.AX vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Megaport Limited (MP1.AX) 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.
| MP1.AX | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.82 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | -0.85 | +1.22 |
| Martin ratioReturn relative to average drawdown | 0.76 | -1.48 | +2.23 |
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
| MP1.AX | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | -1.10 | +1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.25 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.90 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 1.18 | -0.79 |
Drawdowns
MP1.AX vs. BTC-USD - Drawdown Comparison
The maximum MP1.AX drawdown since its inception was -81.90%, roughly equal to the maximum BTC-USD drawdown of -83.70%. Use the drawdown chart below to compare losses from any high point for MP1.AX and BTC-USD.
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Drawdown Indicators
| MP1.AX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.90% | -83.70% | +1.80% |
Max Drawdown (1Y)Largest decline over 1 year | -62.11% | -52.75% | -9.36% |
Max Drawdown (3Y)Largest decline over 3 years | -62.11% | -52.75% | -9.36% |
Max Drawdown (5Y)Largest decline over 5 years | -81.90% | -73.77% | -8.13% |
Max Drawdown (10Y)Largest decline over 10 years | -81.90% | -82.07% | +0.17% |
Current DrawdownCurrent decline from peak | -24.09% | -52.75% | +28.66% |
Average DrawdownAverage peak-to-trough decline | -33.51% | -39.27% | +5.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.91% | 36.30% | -5.39% |
Volatility
MP1.AX vs. BTC-USD - Volatility Comparison
Megaport Limited (MP1.AX) has a higher volatility of 27.27% compared to Bitcoin (BTC-USD) at 10.02%. This indicates that MP1.AX'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.
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Volatility by Period
| MP1.AX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.27% | 10.02% | +17.25% |
Volatility (6M)Calculated over the trailing 6-month period | 52.84% | 33.11% | +19.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.86% | 33.72% | +29.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.17% | 44.26% | +21.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.47% | 55.55% | +1.92% |
Frequently Asked Questions
MP1.AX and BTC-USD have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for MP1.AX and BTC-USD
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