SBET vs. SGOV
SBET (Sharplink, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past year, SBET returned -68.56% vs 3.85% for SGOV. Their 0.01 correlation means their historical movements had little consistent relationship.
Performance
SBET vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, SBET achieves a -28.86% return, which is significantly lower than SGOV's 2.16% return.
SBET
- 1D
- 0.63%
- 1M
- 12.17%
- 6M
- -10.17%
- YTD
- -28.86%
- 1Y
- -68.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -27.63%
SGOV
- 1D
- 0.02%
- 1M
- 0.32%
- 6M
- 1.82%
- YTD
- 2.16%
- 1Y
- 3.85%
- 3Y*
- 4.63%
- 5Y*
- 3.67%
- 10Y*
- —
- ALL TIME*
- 2.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
SBET Sharplink, Inc. | $48.97M | $50.18M | $52.09M |
| $2.20B | $1.91B | $2.07B |
SBET vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SBET Sharplink, Inc. | -28.86% | 15.65% | -45.41% |
SGOV iShares 0-3 Month Treasury Bond ETF | 2.16% | 4.24% | 4.63% |
Correlation
The correlation between SBET and SGOV is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2024 | 0.01 |
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Return for Risk
SBET vs. SGOV — Risk / Return Rank
SBET
SGOV
SBET vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sharplink, Inc. (SBET) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| SBET | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.63 | ||
| Sortino ratioReturn per unit of downside risk | -381.65 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 380.49 | -379.64 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 388.26 | -389.11 |
| Martin ratioReturn relative to average drawdown | -1.13 | 6,151.25 | -6,152.38 |
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Drawdowns
SBET vs. SGOV - Drawdown Comparison
The maximum SBET drawdown since its inception was -94.24%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for SBET and SGOV.
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Drawdown Indicators
| SBET | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.24% | -0.03% | -94.21% |
Max Drawdown (1Y)Largest decline over 1 year | -80.94% | -0.01% | -80.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -91.97% | 0.00% | -91.97% |
Average DrawdownAverage peak-to-trough decline | -67.48% | 0.00% | -67.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 60.78% | 0.00% | +60.78% |
Volatility
SBET vs. SGOV - Volatility Comparison
Sharplink, Inc. (SBET) has a higher volatility of 20.46% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.04%. This indicates that SBET's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBET | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.46% | 0.04% | +20.42% |
Volatility (6M)Calculated over the trailing 6-month period | 54.96% | 0.13% | +54.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.98% | 0.19% | +80.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 329.79% | 0.24% | +329.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 329.79% | 0.23% | +329.56% |
Dividends
SBET vs. SGOV - Dividend Comparison
SBET has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
SBET Sharplink, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.75% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
SBET and SGOV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBET has higher volatility (20.46%) compared to SGOV (0.04%). In terms of maximum drawdown, SBET dropped -94.24% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.78 vs -0.85), 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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