SNOW vs. BTC-USD
SNOW (Snowflake Inc.) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, SNOW returned -0.15%/yr vs 13.47%/yr for BTC-USD. At a 0.20 correlation, their price movements are largely independent.
Performance
SNOW vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNOW achieves a 21.94% return, which is significantly higher than BTC-USD's -27.93% return.
SNOW
- 1D
- 2.37%
- 1M
- 11.61%
- 6M
- 19.53%
- YTD
- 21.94%
- 1Y
- 20.55%
- 3Y*
- 16.39%
- 5Y*
- -0.15%
- 10Y*
- —
BTC-USD
- 1D
- 1.32%
- 1M
- 2.22%
- 6M
- -30.73%
- YTD
- -27.93%
- 1Y
- -43.34%
- 3Y*
- 27.51%
- 5Y*
- 13.47%
- 10Y*
- 57.99%
SNOW vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNOW Snowflake Inc. | 21.94% | 42.06% | -22.41% | 38.64% | -57.63% | 20.38% | 14.86% |
BTC-USD Bitcoin | -27.93% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 168.83% |
Correlation
The correlation between SNOW and BTC-USD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2020 | 0.20 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SNOW vs. BTC-USD — Risk / Return Rank
SNOW
BTC-USD
SNOW vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snowflake Inc. (SNOW) 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.
| SNOW | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +2.51 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.85 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | -0.82 | +1.18 |
| Martin ratioReturn relative to average drawdown | 0.79 | -1.34 | +2.13 |
Loading charts...
Drawdowns
SNOW vs. BTC-USD - Drawdown Comparison
The maximum SNOW drawdown since its inception was -72.99%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for SNOW and BTC-USD.
Loading charts...
Drawdown Indicators
| SNOW | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.99% | -85.30% | +12.31% |
Max Drawdown (1Y)Largest decline over 1 year | -56.30% | -53.08% | -3.22% |
Max Drawdown (3Y)Largest decline over 3 years | -56.30% | -53.08% | -3.22% |
Max Drawdown (5Y)Largest decline over 5 years | -72.99% | -76.67% | +3.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -33.44% | -49.44% | +16.00% |
Average DrawdownAverage peak-to-trough decline | -48.90% | -42.53% | -6.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.11% | 31.20% | -5.09% |
Volatility
SNOW vs. BTC-USD - Volatility Comparison
Snowflake Inc. (SNOW) has a higher volatility of 11.89% compared to Bitcoin (BTC-USD) at 9.25%. This indicates that SNOW'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.
Loading charts...
Volatility by Period
| SNOW | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.89% | 9.25% | +2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 53.25% | 34.87% | +18.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.02% | 35.75% | +30.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.99% | 43.96% | +18.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.50% | 56.32% | +6.18% |
Frequently Asked Questions
SNOW and BTC-USD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNOW has higher volatility (11.89%) compared to BTC-USD (9.25%). In terms of maximum drawdown, SNOW dropped -72.99% vs BTC-USD's -85.30%.
SNOW currently has the higher Sharpe Ratio (0.31 vs -1.01), 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.
Find the right allocation for SNOW 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.
Open Portfolio Optimizer