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 6.25%/yr vs 12.25%/yr for BTC-USD. At a 0.03 correlation, their price movements are largely independent.
Performance
SMTGY vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, SMTGY achieves a 76.37% return, which is significantly higher than BTC-USD's -27.60% return.
SMTGY
- 1D
- -6.27%
- 1M
- 2.43%
- YTD
- 76.37%
- 6M
- 67.92%
- 1Y
- 245.54%
- 3Y*
- -9.95%
- 5Y*
- 6.25%
- 10Y*
- —
BTC-USD
- 1D
- -1.08%
- 1M
- -21.71%
- YTD
- -27.60%
- 6M
- -31.22%
- 1Y
- -39.53%
- 3Y*
- 35.01%
- 5Y*
- 12.25%
- 10Y*
- 59.71%
SMTGY vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SMTGY SMA Solar Technology AG | 76.37% | 201.14% | -78.32% | -10.78% | 69.47% | -36.69% | 37.50% |
BTC-USD Bitcoin | -27.60% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 111.63% |
Correlation
The correlation between SMTGY and BTC-USD is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 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.
| SMTGY | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.04 | ||
| Sortino ratioReturn per unit of downside risk | +4.46 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 0.87 | +0.66 |
| Calmar ratioReturn relative to maximum drawdown | 6.82 | -0.80 | +7.62 |
| Martin ratioReturn relative to average drawdown | 21.39 | -1.39 | +22.78 |
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
| SMTGY | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.12 | -0.92 | +4.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.23 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 1.13 | -1.04 |
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 | -36.24% | -49.65% | +13.41% |
Max Drawdown (3Y)Largest decline over 3 years | -89.29% | -49.65% | -39.64% |
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 | -39.16% | -49.21% | +10.05% |
Average DrawdownAverage peak-to-trough decline | -48.26% | -42.28% | -5.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.54% | 33.87% | -22.33% |
Volatility
SMTGY vs. BTC-USD - Volatility Comparison
SMA Solar Technology AG (SMTGY) has a higher volatility of 22.14% compared to Bitcoin (BTC-USD) at 10.14%. 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 | 22.14% | 10.14% | +12.00% |
Volatility (6M)Calculated over the trailing 6-month period | 48.17% | 34.17% | +14.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.37% | 35.51% | +43.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.42% | 44.98% | +29.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.92% | 56.69% | +29.23% |
Frequently Asked Questions
SMTGY and BTC-USD have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMTGY has higher volatility (22.14%) compared to BTC-USD (10.14%). In terms of maximum drawdown, SMTGY dropped -89.48% vs BTC-USD's -85.30%.
SMTGY currently has the higher Sharpe Ratio (3.12 vs -0.92), 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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