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NTFIX vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between NTFIX and BTC-USD is 0.02, 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.


-0.50.00.51.00.0

Performance

NTFIX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dupree North Carolina Tax-Free Income Series (NTFIX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%SeptemberOctoberNovemberDecember2025February
0.17%
53.42%
NTFIX
BTC-USD

Key characteristics

Sharpe Ratio

NTFIX:

0.55

BTC-USD:

1.54

Sortino Ratio

NTFIX:

0.74

BTC-USD:

2.25

Omega Ratio

NTFIX:

1.13

BTC-USD:

1.22

Calmar Ratio

NTFIX:

0.24

BTC-USD:

1.29

Martin Ratio

NTFIX:

1.89

BTC-USD:

8.77

Ulcer Index

NTFIX:

0.85%

BTC-USD:

8.58%

Daily Std Dev

NTFIX:

2.91%

BTC-USD:

43.78%

Max Drawdown

NTFIX:

-14.31%

BTC-USD:

-93.07%

Current Drawdown

NTFIX:

-4.22%

BTC-USD:

-7.36%

Returns By Period

In the year-to-date period, NTFIX achieves a 0.42% return, which is significantly lower than BTC-USD's 5.25% return. Over the past 10 years, NTFIX has underperformed BTC-USD with an annualized return of 1.62%, while BTC-USD has yielded a comparatively higher 82.58% annualized return.


NTFIX

YTD

0.42%

1M

0.80%

6M

0.25%

1Y

1.61%

5Y*

-0.02%

10Y*

1.62%

BTC-USD

YTD

5.25%

1M

-7.36%

6M

62.85%

1Y

89.69%

5Y*

59.04%

10Y*

82.58%

*Annualized

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Risk-Adjusted Performance

NTFIX vs. BTC-USD — Risk-Adjusted Performance Rank

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

NTFIX
The Risk-Adjusted Performance Rank of NTFIX is 2525
Overall Rank
The Sharpe Ratio Rank of NTFIX is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of NTFIX is 2121
Sortino Ratio Rank
The Omega Ratio Rank of NTFIX is 3131
Omega Ratio Rank
The Calmar Ratio Rank of NTFIX is 1818
Calmar Ratio Rank
The Martin Ratio Rank of NTFIX is 2828
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 8888
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8686
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8686
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 8888
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NTFIX vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dupree North Carolina Tax-Free Income Series (NTFIX) 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.


Sharpe ratio
The chart of Sharpe ratio for NTFIX, currently valued at 0.66, compared to the broader market-1.000.001.002.003.004.000.661.54
The chart of Sortino ratio for NTFIX, currently valued at 0.87, compared to the broader market0.002.004.006.008.0010.0012.000.872.25
The chart of Omega ratio for NTFIX, currently valued at 1.16, compared to the broader market1.002.003.004.001.161.22
The chart of Calmar ratio for NTFIX, currently valued at 0.04, compared to the broader market0.005.0010.0015.0020.000.041.29
The chart of Martin ratio for NTFIX, currently valued at 2.25, compared to the broader market0.0020.0040.0060.0080.002.258.77
NTFIX
BTC-USD

The current NTFIX Sharpe Ratio is 0.55, which is lower than the BTC-USD Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of NTFIX 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00SeptemberOctoberNovemberDecember2025February
0.66
1.54
NTFIX
BTC-USD

Drawdowns

NTFIX vs. BTC-USD - Drawdown Comparison

The maximum NTFIX drawdown since its inception was -14.31%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for NTFIX and BTC-USD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February
-4.22%
-7.36%
NTFIX
BTC-USD

Volatility

NTFIX vs. BTC-USD - Volatility Comparison

The current volatility for Dupree North Carolina Tax-Free Income Series (NTFIX) is 0.97%, while Bitcoin (BTC-USD) has a volatility of 9.03%. This indicates that NTFIX 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.


0.00%5.00%10.00%15.00%20.00%SeptemberOctoberNovemberDecember2025February
0.97%
9.03%
NTFIX
BTC-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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