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TRX-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between TRX-USD and BTC-USD is 0.25, 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

TRX-USD vs. BTC-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

TRX-USD:

1.29

BTC-USD:

1.15

Sortino Ratio

TRX-USD:

3.15

BTC-USD:

3.30

Omega Ratio

TRX-USD:

1.41

BTC-USD:

1.35

Calmar Ratio

TRX-USD:

1.51

BTC-USD:

2.77

Martin Ratio

TRX-USD:

4.00

BTC-USD:

12.73

Ulcer Index

TRX-USD:

34.75%

BTC-USD:

11.18%

Daily Std Dev

TRX-USD:

89.46%

BTC-USD:

41.36%

Max Drawdown

TRX-USD:

-96.01%

BTC-USD:

-93.18%

Current Drawdown

TRX-USD:

-36.20%

BTC-USD:

-2.36%

Returns By Period

In the year-to-date period, TRX-USD achieves a 6.92% return, which is significantly lower than BTC-USD's 16.70% return.


TRX-USD

YTD

6.92%

1M

7.88%

6M

38.63%

1Y

140.33%

3Y*

48.87%

5Y*

79.55%

10Y*

N/A

BTC-USD

YTD

16.70%

1M

15.20%

6M

17.11%

1Y

59.13%

3Y*

55.02%

5Y*

65.30%

10Y*

84.59%

*Annualized

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Tronix

Bitcoin

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

TRX-USD vs. BTC-USD — Risk-Adjusted Performance Rank

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

TRX-USD
The Risk-Adjusted Performance Rank of TRX-USD is 8989
Overall Rank
The Sharpe Ratio Rank of TRX-USD is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of TRX-USD is 8989
Sortino Ratio Rank
The Omega Ratio Rank of TRX-USD is 9595
Omega Ratio Rank
The Calmar Ratio Rank of TRX-USD is 8686
Calmar Ratio Rank
The Martin Ratio Rank of TRX-USD is 8383
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9191
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 9292
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8888
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9595
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TRX-USD vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tronix (TRX-USD) 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.


The current TRX-USD Sharpe Ratio is 1.29, which is comparable to the BTC-USD Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of TRX-USD 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.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

TRX-USD vs. BTC-USD - Drawdown Comparison

The maximum TRX-USD drawdown since its inception was -96.01%, roughly equal to the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for TRX-USD and BTC-USD.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TRX-USD vs. BTC-USD - Volatility Comparison

The current volatility for Tronix (TRX-USD) is 8.77%, while Bitcoin (BTC-USD) has a volatility of 9.97%. This indicates that TRX-USD 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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