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

Performance

REAL vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The RealReal, Inc. (REAL) 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, REAL achieves a -23.38% return, which is significantly higher than BTC-USD's -27.75% return.


REAL

1D
1.51%
1M
4.40%
6M
-17.59%
YTD
-23.38%
1Y
130.73%
3Y*
65.03%
5Y*
-6.04%
10Y*
ALL TIME*
-11.17%

BTC-USD

1D
0.72%
1M
1.12%
6M
-17.79%
YTD
-27.75%
1Y
-43.83%
3Y*
29.40%
5Y*
10.61%
10Y*
59.66%
ALL TIME*
87.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

BTC-USD

Bitcoin
$1569.44T$1598.63T$2087.37T
$29.63M$31.18M$38.10M

REAL vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
REAL
The RealReal, Inc.
-23.38%44.37%443.78%60.80%-89.23%-40.58%3.66%-32.68%
BTC-USD
Bitcoin
-27.75%-6.27%120.76%155.82%-64.23%59.40%304.57%-35.79%

Correlation

The correlation between REAL and BTC-USD is 0.24, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.24

Correlation (3Y)
Balances recent behavior with more history.

0.21

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.24

Correlation (All Time)
Calculated using the full available price history since Jun 28, 2019

0.21

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Return for Risk

REAL vs. BTC-USD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

REAL
REAL Risk / Return Rank: 8585
Overall Rank
REAL Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
REAL Sortino Ratio Rank: 8989
Sortino Ratio Rank
REAL Omega Ratio Rank: 8585
Omega Ratio Rank
REAL Calmar Ratio Rank: 8383
Calmar Ratio Rank
REAL Martin Ratio Rank: 7979
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 3636
Overall Rank
BTC-USD Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 4040
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 4040
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 5858
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 3131
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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

This table presents a comparison of risk-adjusted performance metrics for The RealReal, Inc. (REAL) 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.


REALBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+2.71

Sortino ratioReturn per unit of downside risk

+4.14

Omega ratioGain probability vs. loss probability

1.31

0.85

+0.46

Calmar ratioReturn relative to maximum drawdown

2.51

-0.83

+3.34

Martin ratioReturn relative to average drawdown

5.00

-1.27

+6.27

REAL vs. BTC-USD - Sharpe Ratio Comparison

The current REAL Sharpe Ratio is 1.69, which is higher than the BTC-USD Sharpe Ratio of -1.02. The chart below compares the historical Sharpe Ratios of REAL 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

REAL vs. BTC-USD - Drawdown Comparison

The maximum REAL drawdown since its inception was -96.44%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for REAL and BTC-USD.


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Drawdown Indicators


REALBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-96.44%

-85.30%

-11.14%

Max Drawdown (1Y)

Largest decline over 1 year

-51.95%

-53.08%

+1.13%

Max Drawdown (3Y)

Largest decline over 3 years

-57.16%

-53.08%

-4.08%

Max Drawdown (5Y)

Largest decline over 5 years

-93.90%

-76.67%

-17.23%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-58.17%

-49.31%

-8.86%

Average Drawdown

Average peak-to-trough decline

-67.19%

-42.73%

-24.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

26.06%

24.94%

+1.12%

Volatility

REAL vs. BTC-USD - Volatility Comparison

The RealReal, Inc. (REAL) has a higher volatility of 13.48% compared to Bitcoin (BTC-USD) at 8.45%. This indicates that REAL'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


REALBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.48%

8.45%

+5.03%

Volatility (6M)

Calculated over the trailing 6-month period

49.95%

33.72%

+16.23%

Volatility (1Y)

Calculated over the trailing 1-year period

77.10%

35.86%

+41.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

97.40%

43.65%

+53.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

93.27%

56.22%

+37.05%

Frequently Asked Questions


REAL and BTC-USD have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

REAL has higher volatility (13.48%) compared to BTC-USD (8.45%). In terms of maximum drawdown, REAL dropped -96.44% vs BTC-USD's -85.30%.

REAL currently has the higher Sharpe Ratio (1.69 vs -1.02), 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 REAL 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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