SMTGY vs. BTC-USD
SMTGY (SMA Solar Technology AG) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, SMTGY returned 3.89%/yr vs 10.61%/yr for BTC-USD. Their 0.03 correlation means their historical movements had little consistent relationship.
Performance
SMTGY vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, SMTGY achieves a 50.29% return, which is significantly higher than BTC-USD's -27.75% return.
SMTGY
- 1D
- -3.93%
- 1M
- 3.35%
- 6M
- 41.11%
- YTD
- 50.29%
- 1Y
- 155.65%
- 3Y*
- -14.35%
- 5Y*
- 3.89%
- 10Y*
- —
- ALL TIME*
- 4.54%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BTC-USD Bitcoin | $1569.44T | $1598.63T | $2087.37T |
| $10.59K | $6.75K | $12.24K |
SMTGY vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SMTGY SMA Solar Technology AG | 50.29% | 201.14% | -78.32% | -10.78% | 69.47% | -36.69% | 37.50% |
BTC-USD Bitcoin | -27.75% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 121.83% |
Correlation
The correlation between SMTGY and BTC-USD is 0.03, 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. | 0.03 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.00 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2020 | 0.03 |
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Return for Risk
SMTGY vs. BTC-USD — Risk / Return Rank
SMTGY
BTC-USD
SMTGY vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SMA Solar Technology AG (SMTGY) 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.
| SMTGY | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.04 | ||
| Sortino ratioReturn per unit of downside risk | +3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 0.85 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 4.65 | -0.83 | +5.47 |
| Martin ratioReturn relative to average drawdown | 11.79 | -1.27 | +13.06 |
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Drawdowns
SMTGY vs. BTC-USD - Drawdown Comparison
The maximum SMTGY drawdown since its inception was -89.48%, roughly equal to the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for SMTGY and BTC-USD.
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Drawdown Indicators
| SMTGY | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.48% | -85.30% | -4.18% |
Max Drawdown (1Y)Largest decline over 1 year | -33.70% | -53.08% | +19.38% |
Max Drawdown (3Y)Largest decline over 3 years | -86.23% | -53.08% | -33.15% |
Max Drawdown (5Y)Largest decline over 5 years | -89.48% | -76.67% | -12.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -48.15% | -49.31% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -48.19% | -42.73% | -5.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.25% | 24.94% | -11.69% |
Volatility
SMTGY vs. BTC-USD - Volatility Comparison
SMA Solar Technology AG (SMTGY) has a higher volatility of 17.12% compared to Bitcoin (BTC-USD) at 8.45%. This indicates that SMTGY'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
| SMTGY | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.12% | 8.45% | +8.67% |
Volatility (6M)Calculated over the trailing 6-month period | 50.85% | 33.72% | +17.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.21% | 35.86% | +41.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.91% | 43.65% | +31.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.46% | 56.22% | +29.24% |
Frequently Asked Questions
SMTGY and BTC-USD have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMTGY has higher volatility (17.12%) compared to BTC-USD (8.45%). In terms of maximum drawdown, SMTGY dropped -89.48% vs BTC-USD's -85.30%.
SMTGY currently has the higher Sharpe Ratio (2.03 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.
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