U vs. BTC-USD
Compare and contrast key facts about Unity Software Inc. (U) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: U or BTC-USD.
Correlation
The correlation between U and BTC-USD is 0.24, 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
U vs. BTC-USD - Performance Comparison
Key characteristics
U:
-0.45
BTC-USD:
0.77
U:
-0.31
BTC-USD:
1.41
U:
0.97
BTC-USD:
1.14
U:
-0.33
BTC-USD:
0.55
U:
-1.15
BTC-USD:
3.60
U:
26.78%
BTC-USD:
11.19%
U:
68.63%
BTC-USD:
42.23%
U:
-93.07%
BTC-USD:
-93.07%
U:
-90.96%
BTC-USD:
-21.71%
Returns By Period
In the year-to-date period, U achieves a -19.05% return, which is significantly lower than BTC-USD's -11.05% return.
U
-19.05%
-26.42%
-12.08%
-29.39%
N/A
N/A
BTC-USD
-11.05%
-4.72%
36.77%
25.95%
64.65%
78.33%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
U vs. BTC-USD — Risk-Adjusted Performance Rank
U
BTC-USD
U vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Unity Software Inc. (U) 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
U vs. BTC-USD - Drawdown Comparison
The maximum U drawdown since its inception was -93.07%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for U and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
U vs. BTC-USD - Volatility Comparison
Unity Software Inc. (U) has a higher volatility of 24.82% compared to Bitcoin (BTC-USD) at 15.17%. This indicates that U'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.