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:
-0.76
BTC-USD:
1.28
U:
-0.98
BTC-USD:
2.01
U:
0.89
BTC-USD:
1.20
U:
-0.46
BTC-USD:
1.08
U:
-0.91
BTC-USD:
5.88
U:
47.52%
BTC-USD:
11.18%
U:
56.96%
BTC-USD:
44.33%
U:
-93.07%
BTC-USD:
-93.07%
U:
-88.89%
BTC-USD:
-5.75%
Returns By Period
In the year-to-date period, U achieves a -45.37% return, which is significantly lower than BTC-USD's 136.70% return.
U
-45.37%
24.18%
38.93%
-45.43%
N/A
N/A
BTC-USD
136.70%
10.49%
54.00%
136.67%
69.18%
77.58%
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Risk-Adjusted Performance
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 21.84% compared to Bitcoin (BTC-USD) at 14.03%. 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.