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PYPL vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

PYPL vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PayPal Holdings, Inc. (PYPL) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PYPL achieves a -2.06% return, which is significantly higher than BTC-USD's -25.13% return. Over the past 10 years, PYPL has underperformed BTC-USD with an annualized return of 4.36%, while BTC-USD has yielded a comparatively higher 58.50% annualized return.


PYPL

1D
0.46%
1M
33.66%
6M
0.51%
YTD
-2.06%
1Y
-22.73%
3Y*
-7.74%
5Y*
-28.27%
10Y*
4.36%
ALL TIME*
2.99%

BTC-USD

1D
1.28%
1M
2.00%
6M
-29.23%
YTD
-25.13%
1Y
-44.16%
3Y*
29.87%
5Y*
15.31%
10Y*
58.50%
ALL TIME*
89.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PYPL vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PYPL
PayPal Holdings, Inc.
-2.06%-31.44%38.98%-13.77%-62.23%-19.48%116.51%28.64%14.22%86.52%
BTC-USD
Bitcoin
-25.13%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between PYPL and BTC-USD is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.27

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2015

0.18

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Return for Risk

PYPL vs. BTC-USD — Risk / Return Rank

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

PYPL
PYPL Risk / Return Rank: 2525
Overall Rank
PYPL Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
PYPL Sortino Ratio Rank: 2222
Sortino Ratio Rank
PYPL Omega Ratio Rank: 2121
Omega Ratio Rank
PYPL Calmar Ratio Rank: 3030
Calmar Ratio Rank
PYPL Martin Ratio Rank: 3131
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 4040
Overall Rank
BTC-USD Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 4545
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 4545
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 6161
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PYPL vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) 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.


PYPLBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+0.49

Sortino ratioReturn per unit of downside risk

+1.00

Omega ratioGain probability vs. loss probability

0.93

0.85

+0.08

Calmar ratioReturn relative to maximum drawdown

-0.46

-0.83

+0.38

Martin ratioReturn relative to average drawdown

-0.73

-1.32

+0.60

PYPL vs. BTC-USD - Sharpe Ratio Comparison

The current PYPL Sharpe Ratio is -0.53, which is higher than the BTC-USD Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of PYPL and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

PYPL vs. BTC-USD - Drawdown Comparison

The maximum PYPL drawdown since its inception was -87.30%, roughly equal to the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for PYPL and BTC-USD.


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Drawdown Indicators


PYPLBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-87.30%

-85.30%

-2.00%

Max Drawdown (1Y)

Largest decline over 1 year

-49.92%

-53.08%

+3.16%

Max Drawdown (3Y)

Largest decline over 3 years

-57.34%

-53.08%

-4.26%

Max Drawdown (5Y)

Largest decline over 5 years

-87.30%

-76.67%

-10.63%

Max Drawdown (10Y)

Largest decline over 10 years

-87.30%

-83.80%

-3.50%

Current Drawdown

Current decline from peak

-81.42%

-47.48%

-33.94%

Average Drawdown

Average peak-to-trough decline

-36.32%

-42.61%

+6.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

31.24%

27.88%

+3.36%

Volatility

PYPL vs. BTC-USD - Volatility Comparison

PayPal Holdings, Inc. (PYPL) has a higher volatility of 17.35% compared to Bitcoin (BTC-USD) at 9.37%. This indicates that PYPL'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


PYPLBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.35%

9.37%

+7.98%

Volatility (6M)

Calculated over the trailing 6-month period

36.65%

34.93%

+1.72%

Volatility (1Y)

Calculated over the trailing 1-year period

42.72%

35.76%

+6.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

42.97%

43.93%

-0.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.20%

56.33%

-17.13%

Frequently Asked Questions


PYPL and BTC-USD have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PYPL has higher volatility (17.35%) compared to BTC-USD (9.37%). In terms of maximum drawdown, PYPL dropped -87.30% vs BTC-USD's -85.30%.

PYPL currently has the higher Sharpe Ratio (-0.53 vs -1.03), 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.

Portfolio Optimizer

Find the right allocation for PYPL and BTC-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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