NOC vs. BTC-USD
NOC (Northrop Grumman Corporation) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, NOC returned 11.53%/yr vs 57.32%/yr for BTC-USD. At a 0.01 correlation, their price movements are largely independent.
Performance
NOC vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, NOC achieves a -2.75% return, which is significantly higher than BTC-USD's -27.32% return. Over the past 10 years, NOC has underperformed BTC-USD with an annualized return of 11.53%, while BTC-USD has yielded a comparatively higher 57.32% annualized return.
NOC
- 1D
- -0.40%
- 1M
- 0.17%
- YTD
- -2.75%
- 6M
- -2.67%
- 1Y
- 12.44%
- 3Y*
- 8.64%
- 5Y*
- 9.73%
- 10Y*
- 11.53%
BTC-USD
- 1D
- 0.05%
- 1M
- -19.79%
- YTD
- -27.32%
- 6M
- -29.56%
- 1Y
- -39.85%
- 3Y*
- 34.86%
- 5Y*
- 10.27%
- 10Y*
- 57.32%
NOC vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOC Northrop Grumman Corporation | -2.75% | 23.61% | 1.93% | -12.79% | 43.02% | 29.29% | -9.92% | 42.69% | -18.95% | 33.88% |
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between NOC and BTC-USD is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2012 | 0.01 |
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Return for Risk
NOC vs. BTC-USD — Risk / Return Rank
NOC
BTC-USD
NOC vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northrop Grumman Corporation (NOC) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NOC | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.87 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | -0.78 | +1.18 |
| Martin ratioReturn relative to average drawdown | 1.02 | -1.36 | +2.38 |
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Drawdowns
NOC vs. BTC-USD - Drawdown Comparison
The maximum NOC drawdown since its inception was -71.12%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for NOC and BTC-USD.
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Drawdown Indicators
| NOC | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -85.30% | +14.18% |
Max Drawdown (1Y)Largest decline over 1 year | -31.20% | -51.21% | +20.01% |
Max Drawdown (3Y)Largest decline over 3 years | -31.20% | -51.21% | +20.01% |
Max Drawdown (5Y)Largest decline over 5 years | -31.20% | -76.67% | +45.47% |
Max Drawdown (10Y)Largest decline over 10 years | -36.38% | -83.80% | +47.42% |
Current DrawdownCurrent decline from peak | -28.03% | -49.01% | +20.98% |
Average DrawdownAverage peak-to-trough decline | -18.40% | -42.35% | +23.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.25% | 35.02% | -22.77% |
Volatility
NOC vs. BTC-USD - Volatility Comparison
The current volatility for Northrop Grumman Corporation (NOC) is 7.39%, while Bitcoin (BTC-USD) has a volatility of 12.11%. This indicates that NOC 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
| NOC | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 12.11% | -4.72% |
Volatility (6M)Calculated over the trailing 6-month period | 21.25% | 34.59% | -13.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.55% | 35.62% | -9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.28% | 44.71% | -19.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.42% | 56.62% | -31.20% |
Frequently Asked Questions
NOC and BTC-USD have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.11%) compared to NOC (7.39%). In terms of maximum drawdown, NOC dropped -71.12% vs BTC-USD's -85.30%.
NOC currently has the higher Sharpe Ratio (0.47 vs -0.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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