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SVARX vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

SVARX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spectrum Low Volatility Fund (SVARX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SVARX achieves a 1.10% return, which is significantly higher than BTC-USD's -28.54% return. Over the past 10 years, SVARX has underperformed BTC-USD with an annualized return of 5.98%, while BTC-USD has yielded a comparatively higher 59.68% annualized return.


SVARX

1D
-0.50%
1M
0.04%
YTD
1.10%
6M
2.04%
1Y
5.78%
3Y*
6.73%
5Y*
3.17%
10Y*
5.98%

BTC-USD

1D
-1.22%
1M
-22.47%
YTD
-28.54%
6M
-31.02%
1Y
-40.89%
3Y*
33.16%
5Y*
10.82%
10Y*
59.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SVARX vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SVARX
Spectrum Low Volatility Fund
1.10%6.22%2.60%9.67%-4.35%4.10%19.50%9.42%-0.99%8.25%
BTC-USD
Bitcoin
-28.54%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between SVARX and BTC-USD is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.13

Correlation (3Y)
Calculated over the trailing 3-year period

0.10

Correlation (5Y)
Calculated over the trailing 5-year period

0.11

Correlation (10Y)
Calculated over the trailing 10-year period

0.07

Correlation (All Time)
Calculated using the full available price history since Dec 17, 2013

0.06

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Return for Risk

SVARX vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SVARX
SVARX Risk / Return Rank: 4646
Overall Rank
SVARX Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
SVARX Sortino Ratio Rank: 4848
Sortino Ratio Rank
SVARX Omega Ratio Rank: 6868
Omega Ratio Rank
SVARX Calmar Ratio Rank: 3838
Calmar Ratio Rank
SVARX Martin Ratio Rank: 2222
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 2828
Overall Rank
BTC-USD Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4646
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SVARX vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) 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.


SVARXBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+3.05

Sortino ratioReturn per unit of downside risk

+4.13

Omega ratioGain probability vs. loss probability

1.44

0.86

+0.58

Calmar ratioReturn relative to maximum drawdown

2.22

-0.80

+3.02

Martin ratioReturn relative to average drawdown

5.20

-1.42

+6.62

SVARX vs. BTC-USD - Sharpe Ratio Comparison

The current SVARX Sharpe Ratio is 2.09, which is higher than the BTC-USD Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of SVARX and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


SVARXBTC-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.09

-0.95

+3.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.03

0.20

+0.83

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.63

0.87

+0.75

Sharpe Ratio (All Time)

Calculated using the full available price history

1.69

1.13

+0.56

Drawdowns

SVARX vs. BTC-USD - Drawdown Comparison

The maximum SVARX drawdown since its inception was -6.48%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for SVARX and BTC-USD.


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Drawdown Indicators


SVARXBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-6.48%

-85.30%

+78.82%

Max Drawdown (1Y)

Largest decline over 1 year

-2.55%

-51.21%

+48.66%

Max Drawdown (3Y)

Largest decline over 3 years

-2.55%

-51.21%

+48.66%

Max Drawdown (5Y)

Largest decline over 5 years

-6.48%

-76.67%

+70.19%

Max Drawdown (10Y)

Largest decline over 10 years

-6.48%

-83.80%

+77.32%

Current Drawdown

Current decline from peak

-1.69%

-49.86%

+48.17%

Average Drawdown

Average peak-to-trough decline

-1.22%

-42.32%

+41.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.09%

34.46%

-33.37%

Volatility

SVARX vs. BTC-USD - Volatility Comparison

The current volatility for Spectrum Low Volatility Fund (SVARX) is 0.79%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that SVARX experiences smaller price fluctuations and is considered to be less risky 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


SVARXBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.79%

11.59%

-10.80%

Volatility (6M)

Calculated over the trailing 6-month period

2.21%

34.53%

-32.32%

Volatility (1Y)

Calculated over the trailing 1-year period

2.71%

35.67%

-32.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.10%

44.95%

-41.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.68%

56.71%

-53.03%

Frequently Asked Questions


SVARX and BTC-USD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTC-USD has higher volatility (11.59%) compared to SVARX (0.79%). In terms of maximum drawdown, SVARX dropped -6.48% vs BTC-USD's -85.30%.

SVARX currently has the higher Sharpe Ratio (2.09 vs -0.95), 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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