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U vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

U vs. BTC-USD - Performance Comparison

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

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Returns By Period

In the year-to-date period, U achieves a -31.65% return, which is significantly lower than BTC-USD's -27.04% return.


U

1D
-3.45%
1M
7.59%
6M
-31.36%
YTD
-31.65%
1Y
-11.05%
3Y*
-13.15%
5Y*
-20.77%
10Y*

BTC-USD

1D
-1.36%
1M
-2.71%
6M
-33.22%
YTD
-27.04%
1Y
-46.21%
3Y*
28.42%
5Y*
15.15%
10Y*
57.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

U vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
U
Unity Software Inc.
-31.65%96.57%-45.05%43.02%-80.01%-6.83%104.63%
BTC-USD
Bitcoin
-27.04%-6.27%120.76%155.82%-64.23%59.40%164.90%

Correlation

The correlation between U and BTC-USD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.26

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.26

Correlation (All Time)
Calculated using the full available price history since Sep 18, 2020

0.24

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Return for Risk

U vs. BTC-USD — Risk / Return Rank

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

U
U Risk / Return Rank: 4040
Overall Rank
U Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
U Sortino Ratio Rank: 4141
Sortino Ratio Rank
U Omega Ratio Rank: 4141
Omega Ratio Rank
U Calmar Ratio Rank: 3939
Calmar Ratio Rank
U Martin Ratio Rank: 3939
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 2323
Overall Rank
BTC-USD Sharpe Ratio Rank: 66
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3131
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3131
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4141
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 55
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

U vs. BTC-USD - Risk-Adjusted Trends 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


UBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+0.92

Sortino ratioReturn per unit of downside risk

+1.93

Omega ratioGain probability vs. loss probability

1.04

0.84

+0.21

Calmar ratioReturn relative to maximum drawdown

-0.17

-0.87

+0.70

Martin ratioReturn relative to average drawdown

-0.31

-1.40

+1.09

U vs. BTC-USD - Sharpe Ratio Comparison

The current U Sharpe Ratio is -0.15, which is higher than the BTC-USD Sharpe Ratio of -1.07. The chart below compares the historical Sharpe Ratios of U and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

U vs. BTC-USD - Drawdown Comparison

The maximum U drawdown since its inception was -93.07%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for U and BTC-USD.


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Drawdown Indicators


UBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-93.07%

-85.30%

-7.77%

Max Drawdown (1Y)

Largest decline over 1 year

-65.37%

-53.08%

-12.29%

Max Drawdown (3Y)

Largest decline over 3 years

-71.28%

-53.08%

-18.20%

Max Drawdown (5Y)

Largest decline over 5 years

-93.07%

-76.67%

-16.40%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-84.99%

-48.82%

-36.17%

Average Drawdown

Average peak-to-trough decline

-69.65%

-42.58%

-27.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

35.36%

29.30%

+6.06%

Volatility

U vs. BTC-USD - Volatility Comparison

Unity Software Inc. (U) has a higher volatility of 13.58% compared to Bitcoin (BTC-USD) at 9.78%. 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.


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Volatility by Period


UBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.58%

9.78%

+3.80%

Volatility (6M)

Calculated over the trailing 6-month period

61.23%

34.90%

+26.33%

Volatility (1Y)

Calculated over the trailing 1-year period

74.27%

35.73%

+38.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

77.39%

43.96%

+33.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

76.14%

56.33%

+19.81%

Frequently Asked Questions


U and BTC-USD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

U has higher volatility (13.58%) compared to BTC-USD (9.78%). In terms of maximum drawdown, U dropped -93.07% vs BTC-USD's -85.30%.

U currently has the higher Sharpe Ratio (-0.15 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for U and BTC-USD

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