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.
Key characteristics
U | BTC-USD | |
---|---|---|
YTD Return | -39.96% | 37.83% |
1Y Return | -3.00% | 103.11% |
3Y Return (Ann) | -37.75% | 0.91% |
Sharpe Ratio | -0.14 | 4.22 |
Daily Std Dev | 60.36% | 38.76% |
Max Drawdown | -89.31% | -93.07% |
Current Drawdown | -87.79% | -20.29% |
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
In the year-to-date period, U achieves a -39.96% return, which is significantly lower than BTC-USD's 37.83% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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 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 -89.31%, 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
The current volatility for Unity Software Inc. (U) is 11.13%, while Bitcoin (BTC-USD) has a volatility of 15.73%. This indicates that U 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.