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 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TRP vs. BTC-USD - Performance Comparison
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Key characteristics
TRP:
1.42
BTC-USD:
1.40
TRP:
1.93
BTC-USD:
3.20
TRP:
1.28
BTC-USD:
1.33
TRP:
1.32
BTC-USD:
2.65
TRP:
7.74
BTC-USD:
12.24
TRP:
4.44%
BTC-USD:
11.22%
TRP:
22.59%
BTC-USD:
42.23%
TRP:
-57.79%
BTC-USD:
-93.18%
TRP:
-5.76%
BTC-USD:
-1.92%
Returns By Period
In the year-to-date period, TRP achieves a 4.72% return, which is significantly lower than BTC-USD's 11.43% return. Over the past 10 years, TRP has underperformed BTC-USD with an annualized return of 6.74%, while BTC-USD has yielded a comparatively higher 83.75% annualized return.
TRP
4.72%
1.37%
-0.49%
31.69%
8.68%
6.74%
BTC-USD
11.43%
22.07%
17.37%
69.42%
62.25%
83.75%
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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.
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Drawdowns
TRP vs. BTC-USD - Drawdown Comparison
The maximum TRP drawdown since its inception was -57.79%, smaller than the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for TRP and BTC-USD. For additional features, visit the drawdowns tool.
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Volatility
TRP vs. BTC-USD - Volatility Comparison
The current volatility for TC Energy Corporation (TRP) is 8.00%, while Bitcoin (BTC-USD) has a volatility of 10.51%. 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.
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