BTC-USD vs. MSTX
Compare and contrast key facts about Bitcoin (BTC-USD) and Defiance Daily Target 2X Long MSTR ETF (MSTX).
MSTX is an actively managed fund by Defiance. It was launched on Aug 14, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTC-USD or MSTX.
Correlation
The correlation between BTC-USD and MSTX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BTC-USD vs. MSTX - Performance Comparison
Key characteristics
BTC-USD:
43.94%
MSTX:
205.93%
BTC-USD:
-93.07%
MSTX:
-71.87%
BTC-USD:
-1.58%
MSTX:
-50.49%
Returns By Period
In the year-to-date period, BTC-USD achieves a 11.81% return, which is significantly lower than MSTX's 75.98% return.
BTC-USD
11.81%
4.42%
56.59%
153.17%
64.37%
85.95%
MSTX
75.98%
11.96%
N/A
N/A
N/A
N/A
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Risk-Adjusted Performance
BTC-USD vs. MSTX — Risk-Adjusted Performance Rank
BTC-USD
MSTX
BTC-USD vs. MSTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Defiance Daily Target 2X Long MSTR ETF (MSTX). 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.
Not enough dataDrawdowns
BTC-USD vs. MSTX - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -93.07%, which is greater than MSTX's maximum drawdown of -71.87%. Use the drawdown chart below to compare losses from any high point for BTC-USD and MSTX. For additional features, visit the drawdowns tool.
Volatility
BTC-USD vs. MSTX - Volatility Comparison
The current volatility for Bitcoin (BTC-USD) is 12.88%, while Defiance Daily Target 2X Long MSTR ETF (MSTX) has a volatility of 61.94%. This indicates that BTC-USD experiences smaller price fluctuations and is considered to be less risky than MSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.