TRP vs. BTC-USD
Compare and contrast key facts about TC Energy Corporation (TRP) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRP or BTC-USD.
Correlation
The correlation between TRP and BTC-USD is 0.04, 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.
Performance
TRP vs. BTC-USD - Performance Comparison
Key characteristics
TRP:
1.85
BTC-USD:
0.68
TRP:
2.44
BTC-USD:
1.31
TRP:
1.32
BTC-USD:
1.13
TRP:
1.21
BTC-USD:
0.47
TRP:
8.06
BTC-USD:
3.17
TRP:
4.50%
BTC-USD:
11.27%
TRP:
19.57%
BTC-USD:
42.23%
TRP:
-57.46%
BTC-USD:
-93.07%
TRP:
-6.20%
BTC-USD:
-21.01%
Returns By Period
In the year-to-date period, TRP achieves a -0.02% return, which is significantly higher than BTC-USD's -10.26% return. Over the past 10 years, TRP has underperformed BTC-USD with an annualized return of 8.25%, while BTC-USD has yielded a comparatively higher 78.65% annualized return.
TRP
-0.02%
0.39%
4.44%
38.04%
10.99%
8.25%
BTC-USD
-10.26%
-7.48%
35.08%
22.38%
65.31%
78.65%
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Risk-Adjusted Performance
TRP vs. BTC-USD — Risk-Adjusted Performance Rank
TRP
BTC-USD
TRP vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP) 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.
Drawdowns
TRP vs. BTC-USD - Drawdown Comparison
The maximum TRP drawdown since its inception was -57.46%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for TRP and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
TRP vs. BTC-USD - Volatility Comparison
The current volatility for TC Energy Corporation (TRP) is 7.86%, while Bitcoin (BTC-USD) has a volatility of 14.64%. This indicates that TRP 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.