UCG.MI vs. TRX-USD

Last updated Jun 13, 2026

UCG.MI (UniCredit S.p.A.) is a stock, while TRX-USD (Tronix) is a cryptocurrency. Over the past 5 years, UCG.MI returned 54.62%/yr vs 35.59%/yr for TRX-USD. At a 0.02 correlation, their price movements are largely independent.

Performance

UCG.MI vs. TRX-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UniCredit S.p.A. (UCG.MI) and Tronix (TRX-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UCG.MI is traded in EUR, while TRX-USD is traded in USD. To make them comparable, the TRX-USD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, UCG.MI achieves a 5.89% return, which is significantly lower than TRX-USD's 12.68% return.

UCG.MI

• 1D: 4.10%
• 1M: 1.31%
• YTD: 5.89%
• 6M: 11.29%
• 1Y: 36.86%
• 3Y*: 66.44%
• 5Y*: 54.62%
• 10Y*: 33.60%

TRX-USD

• 1D: 0.00%
• 1M: -10.08%
• YTD: 12.68%
• 6M: 16.88%
• 1Y: 16.67%
• 3Y*: 60.86%
• 5Y*: 35.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UCG.MI vs. TRX-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UCG.MI UniCredit S.p.A.	5.89%	94.09%	69.10%	95.01%	3.82%	79.52%	-41.24%	34.49%	-35.37%	-9.31%
TRX-USD Tronix	12.68%	-1.42%	156.23%	88.60%	-23.53%	201.89%	85.42%	-28.13%	-45.99%	1,682.21%

Correlation

The correlation between UCG.MI and TRX-USD is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (All Time) Calculated using the full available price history since Sep 12, 2017	0.02

Return for Risk

UCG.MI vs. TRX-USD — Risk / Return Rank

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

UCG.MI

UCG.MI Risk / Return Rank: 72
UCG.MI Sharpe Ratio Rank: 76
UCG.MI Sortino Ratio Rank: 73
UCG.MI Omega Ratio Rank: 69
UCG.MI Calmar Ratio Rank: 70
UCG.MI Martin Ratio Rank: 73

TRX-USD

TRX-USD Risk / Return Rank: 94
TRX-USD Sharpe Ratio Rank: 96
TRX-USD Sortino Ratio Rank: 92
TRX-USD Omega Ratio Rank: 92
TRX-USD Calmar Ratio Rank: 95
TRX-USD Martin Ratio Rank: 94

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.

UCG.MI vs. TRX-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UniCredit S.p.A. (UCG.MI) and Tronix (TRX-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.

	UCG.MI	TRX-USD	Difference
Sharpe ratio: Return per unit of total volatility	1.12	0.59	+0.53
Sortino ratio: Return per unit of downside risk	1.76	0.96	+0.80
Omega ratio: Gain probability vs. loss probability	1.20	1.11	+0.09
Calmar ratio: Return relative to maximum drawdown	1.44	0.62	+0.82
Martin ratio: Return relative to average drawdown	4.03	1.12	+2.90

UCG.MI vs. TRX-USD - Sharpe Ratio Comparison

The current UCG.MI Sharpe Ratio is 1.12, which is higher than the TRX-USD Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of UCG.MI and TRX-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.

Drawdowns

UCG.MI vs. TRX-USD - Drawdown Comparison

The maximum UCG.MI drawdown since its inception was -93.56%, roughly equal to the maximum TRX-USD drawdown of -95.56%. Use the drawdown chart below to compare losses from any high point for UCG.MI and TRX-USD.

Drawdown Indicators

	UCG.MI	TRX-USD	Difference
Max Drawdown Largest peak-to-trough decline	-93.56%	-95.56%	+2.00%
Max Drawdown (1Y) Largest decline over 1 year	-24.17%	-26.92%	+2.75%
Max Drawdown (3Y) Largest decline over 3 years	-24.17%	-52.64%	+28.47%
Max Drawdown (5Y) Largest decline over 5 years	-46.40%	-55.67%	+9.27%
Max Drawdown (10Y) Largest decline over 10 years	-65.16%	—	—
Current Drawdown Current decline from peak	-4.50%	-33.84%	+29.34%
Average Drawdown Average peak-to-trough decline	-65.98%	-61.42%	-4.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.66%	13.66%	-5.00%

Volatility

UCG.MI vs. TRX-USD - Volatility Comparison

The current volatility for UniCredit S.p.A. (UCG.MI) is 8.15%, while Tronix (TRX-USD) has a volatility of 8.66%. This indicates that UCG.MI experiences smaller price fluctuations and is considered to be less risky than TRX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UCG.MI	TRX-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	8.66%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	24.82%	19.18%	+5.64%
Volatility (1Y) Calculated over the trailing 1-year period	31.19%	23.52%	+7.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.81%	57.98%	-22.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.06%	111.02%	-62.96%

Frequently Asked Questions

Can I hold both UCG.MI and TRX-USD in my portfolio?

UCG.MI and TRX-USD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.