OKLO vs. BTC-USD
OKLO (Oklo Inc.) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 3 years, OKLO returned 77.50%/yr vs 33.16%/yr for BTC-USD. At a 0.14 correlation, their price movements are largely independent.
Performance
OKLO vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, OKLO achieves a -17.87% return, which is significantly higher than BTC-USD's -28.54% return.
OKLO
- 1D
- 1.46%
- 1M
- -18.71%
- YTD
- -17.87%
- 6M
- -43.66%
- 1Y
- 17.20%
- 3Y*
- 77.50%
- 5Y*
- —
- 10Y*
- —
BTC-USD
- 1D
- -1.22%
- 1M
- -22.47%
- YTD
- -28.54%
- 6M
- -31.02%
- 1Y
- -40.89%
- 3Y*
- 33.16%
- 5Y*
- 10.82%
- 10Y*
- 59.68%
OKLO vs. BTC-USD - Yearly Performance Comparison
Correlation
The correlation between OKLO and BTC-USD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2021 | 0.14 |
The correlation between OKLO and BTC-USD shifts across timeframes, from 0.14 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
OKLO vs. BTC-USD — Risk / Return Rank
OKLO
BTC-USD
OKLO vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oklo Inc. (OKLO) 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.
| OKLO | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.86 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | -0.80 | +1.03 |
| Martin ratioReturn relative to average drawdown | 0.38 | -1.42 | +1.80 |
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
| OKLO | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | -0.95 | +1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.20 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.13 | -0.62 |
Drawdowns
OKLO vs. BTC-USD - Drawdown Comparison
The maximum OKLO drawdown since its inception was -73.83%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for OKLO and BTC-USD.
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Drawdown Indicators
| OKLO | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.83% | -85.30% | +11.47% |
Max Drawdown (1Y)Largest decline over 1 year | -73.83% | -51.21% | -22.62% |
Max Drawdown (3Y)Largest decline over 3 years | -73.83% | -51.21% | -22.62% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -66.15% | -49.86% | -16.29% |
Average DrawdownAverage peak-to-trough decline | -17.98% | -42.32% | +24.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.99% | 34.46% | +10.53% |
Volatility
OKLO vs. BTC-USD - Volatility Comparison
Oklo Inc. (OKLO) has a higher volatility of 28.53% compared to Bitcoin (BTC-USD) at 11.59%. This indicates that OKLO'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
| OKLO | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.53% | 11.59% | +16.94% |
Volatility (6M)Calculated over the trailing 6-month period | 69.37% | 34.53% | +34.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.14% | 35.67% | +70.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.95% | 44.95% | +41.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.95% | 56.71% | +29.24% |
Frequently Asked Questions
OKLO and BTC-USD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKLO has higher volatility (28.53%) compared to BTC-USD (11.59%). In terms of maximum drawdown, OKLO dropped -73.83% vs BTC-USD's -85.30%.
OKLO currently has the higher Sharpe Ratio (0.16 vs -0.95), 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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