PYPL vs. BTC-USD
PYPL (PayPal Holdings, Inc.) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, PYPL returned 1.25%/yr vs 59.68%/yr for BTC-USD. At a 0.18 correlation, their price movements are largely independent.
Performance
PYPL vs. BTC-USD - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with PYPL having a -28.88% return and BTC-USD slightly higher at -28.54%. Over the past 10 years, PYPL has underperformed BTC-USD with an annualized return of 1.25%, while BTC-USD has yielded a comparatively higher 59.68% annualized return.
PYPL
- 1D
- -0.07%
- 1M
- -8.76%
- YTD
- -28.88%
- 6M
- -32.07%
- 1Y
- -43.32%
- 3Y*
- -13.13%
- 5Y*
- -30.87%
- 10Y*
- 1.25%
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%
PYPL vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYPL PayPal Holdings, Inc. | -28.88% | -31.44% | 38.98% | -13.77% | -62.23% | -19.48% | 116.51% | 28.64% | 14.22% | 86.52% |
BTC-USD Bitcoin | -28.54% | -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 | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2015 | 0.18 |
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Return for Risk
PYPL vs. BTC-USD — Risk / Return Rank
PYPL
BTC-USD
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.
| PYPL | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.86 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | -0.80 | -0.07 |
| Martin ratioReturn relative to average drawdown | -1.55 | -1.42 | -0.13 |
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
| PYPL | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.11 | -0.95 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.74 | 0.20 | -0.94 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.87 | -0.84 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 1.13 | -1.12 |
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
| PYPL | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.30% | -85.30% | -2.00% |
Max Drawdown (1Y)Largest decline over 1 year | -49.92% | -51.21% | +1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -57.34% | -51.21% | -6.13% |
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 DrawdownCurrent decline from peak | -86.51% | -49.86% | -36.65% |
Average DrawdownAverage peak-to-trough decline | -35.69% | -42.32% | +6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.99% | 34.46% | -6.47% |
Volatility
PYPL vs. BTC-USD - Volatility Comparison
The current volatility for PayPal Holdings, Inc. (PYPL) is 6.73%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that PYPL 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
| PYPL | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 11.59% | -4.86% |
Volatility (6M)Calculated over the trailing 6-month period | 31.69% | 34.53% | -2.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.14% | 35.67% | +3.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.09% | 44.95% | -2.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.78% | 56.71% | -17.93% |
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.
BTC-USD has higher volatility (11.59%) compared to PYPL (6.73%). In terms of maximum drawdown, PYPL dropped -87.30% vs BTC-USD's -85.30%.
BTC-USD currently has the higher Sharpe Ratio (-0.95 vs -1.11), 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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