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:
2.11
BTC-USD:
1.20
TRP:
2.88
BTC-USD:
1.91
TRP:
1.36
BTC-USD:
1.19
TRP:
1.26
BTC-USD:
0.98
TRP:
8.97
BTC-USD:
5.68
TRP:
4.14%
BTC-USD:
10.81%
TRP:
17.58%
BTC-USD:
44.38%
TRP:
-54.94%
BTC-USD:
-93.07%
TRP:
-9.66%
BTC-USD:
-8.15%
Returns By Period
In the year-to-date period, TRP achieves a 34.79% return, which is significantly lower than BTC-USD's 130.66% return. Over the past 10 years, TRP has underperformed BTC-USD with an annualized return of 7.53%, while BTC-USD has yielded a comparatively higher 76.52% annualized return.
TRP
34.79%
-8.93%
35.42%
37.14%
6.55%
7.53%
BTC-USD
130.66%
5.57%
50.38%
123.34%
68.44%
76.52%
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Risk-Adjusted Performance
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 -54.94%, 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 4.70%, while Bitcoin (BTC-USD) has a volatility of 14.07%. 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.