SHIB-USD vs. BTC-USD
Compare and contrast key facts about Shiba Inu (SHIB-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHIB-USD or BTC-USD.
Correlation
The correlation between SHIB-USD and BTC-USD is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SHIB-USD vs. BTC-USD - Performance Comparison
Key characteristics
SHIB-USD:
0.06
BTC-USD:
2.03
SHIB-USD:
0.82
BTC-USD:
2.63
SHIB-USD:
1.08
BTC-USD:
1.27
SHIB-USD:
0.01
BTC-USD:
1.83
SHIB-USD:
0.15
BTC-USD:
9.11
SHIB-USD:
37.74%
BTC-USD:
11.34%
SHIB-USD:
75.65%
BTC-USD:
42.81%
SHIB-USD:
-92.10%
BTC-USD:
-93.07%
SHIB-USD:
-83.39%
BTC-USD:
-11.50%
Returns By Period
In the year-to-date period, SHIB-USD achieves a -34.81% return, which is significantly lower than BTC-USD's 0.55% return.
SHIB-USD
-34.81%
-2.95%
-16.66%
-46.40%
N/A
N/A
BTC-USD
0.55%
8.10%
40.97%
45.69%
65.05%
82.80%
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Risk-Adjusted Performance
SHIB-USD vs. BTC-USD — Risk-Adjusted Performance Rank
SHIB-USD
BTC-USD
SHIB-USD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) 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.
Drawdowns
SHIB-USD vs. BTC-USD - Drawdown Comparison
The maximum SHIB-USD drawdown since its inception was -92.10%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
SHIB-USD vs. BTC-USD - Volatility Comparison
Shiba Inu (SHIB-USD) has a higher volatility of 23.37% compared to Bitcoin (BTC-USD) at 16.26%. This indicates that SHIB-USD'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.