TMDX vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about TransMedics Group, Inc. (TMDX) and Bitcoin (BTC-USD).

Performance

TMDX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TransMedics Group, Inc. (TMDX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

TMDX vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TMDX TransMedics Group, Inc.	-17.47%	95.11%	-21.01%	27.88%	222.13%	-3.72%	4.68%	-14.98%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	32.94%

Returns By Period

In the year-to-date period, TMDX achieves a -17.47% return, which is significantly higher than BTC-USD's -21.63% return.

TMDX

• 1D: 1.00%
• 1M: -31.70%
• YTD: -17.47%
• 6M: -12.61%
• 1Y: 47.06%
• 3Y*: 9.86%
• 5Y*: 20.17%
• 10Y*: —

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TMDX vs. BTC-USD — Risk / Return Rank

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

TMDX

TMDX Risk / Return Rank: 68
TMDX Sharpe Ratio Rank: 69
TMDX Sortino Ratio Rank: 69
TMDX Omega Ratio Rank: 64
TMDX Calmar Ratio Rank: 68
TMDX Martin Ratio Rank: 68

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

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.

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

This table presents a comparison of risk-adjusted performance metrics for TransMedics Group, Inc. (TMDX) 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.

	TMDX	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	0.83	-0.44	+1.27
Sortino ratio Return per unit of downside risk	1.59	-0.38	+1.97
Omega ratio Gain probability vs. loss probability	1.18	0.96	+0.22
Calmar ratio Return relative to maximum drawdown	1.32	-1.11	+2.43
Martin ratio Return relative to average drawdown	3.33	-1.99	+5.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TMDX vs. BTC-USD - Sharpe Ratio Comparison

The current TMDX Sharpe Ratio is 0.83, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of TMDX and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TMDX	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	-0.44	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.05	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	1.19	-0.85

Correlation

The correlation between TMDX and BTC-USD is 0.14, 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.

Drawdowns

TMDX vs. BTC-USD - Drawdown Comparison

The maximum TMDX drawdown since its inception was -73.69%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for TMDX and BTC-USD.

Drawdown Indicators

	TMDX	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-73.69%	-85.30%	+11.61%
Max Drawdown (1Y) Largest decline over 1 year	-37.30%	-49.65%	+12.35%
Max Drawdown (5Y) Largest decline over 5 years	-68.60%	-76.67%	+8.07%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-42.99%	-45.02%	+2.03%
Average Drawdown Average peak-to-trough decline	-31.36%	-41.99%	+10.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.77%	27.60%	-12.83%

Volatility

TMDX vs. BTC-USD - Volatility Comparison

TransMedics Group, Inc. (TMDX) has a higher volatility of 16.90% compared to Bitcoin (BTC-USD) at 13.58%. This indicates that TMDX'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.

Volatility by Period

	TMDX	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.90%	13.58%	+3.32%
Volatility (6M) Calculated over the trailing 6-month period	37.61%	35.98%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	56.91%	36.76%	+20.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.97%	46.90%	+25.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.62%	56.70%	+14.92%