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

Performance

URTH vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World ETF (URTH) 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, URTH achieves a 8.91% return, which is significantly higher than BTC-USD's -26.27% return. Over the past 10 years, URTH has underperformed BTC-USD with an annualized return of 13.38%, while BTC-USD has yielded a comparatively higher 57.23% annualized return.


URTH

1D
0.39%
1M
-0.21%
YTD
8.91%
6M
9.60%
1Y
24.56%
3Y*
19.60%
5Y*
11.45%
10Y*
13.38%

BTC-USD

1D
1.71%
1M
-20.43%
YTD
-26.27%
6M
-28.52%
1Y
-39.20%
3Y*
36.94%
5Y*
9.74%
10Y*
57.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

URTH vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
URTH
iShares MSCI World ETF
8.91%21.36%18.66%23.95%-17.97%22.27%15.78%28.15%-8.56%22.95%
BTC-USD
Bitcoin
-26.27%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between URTH and BTC-USD is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.39

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

0.27

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

0.31

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Sep 28, 2012

0.13

Over the past year, URTH and BTC-USD have become more correlated (0.39) than their long-term average of 0.13, meaning their price movements have been converging.

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Return for Risk

URTH vs. BTC-USD — Risk / Return Rank

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

URTH
URTH Risk / Return Rank: 6464
Overall Rank
URTH Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
URTH Sortino Ratio Rank: 6464
Sortino Ratio Rank
URTH Omega Ratio Rank: 6363
Omega Ratio Rank
URTH Calmar Ratio Rank: 5959
Calmar Ratio Rank
URTH Martin Ratio Rank: 7171
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 3434
Overall Rank
BTC-USD Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3737
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3535
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 5151
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 3030
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.

URTH vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) 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.


URTHBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+2.76

Sortino ratioReturn per unit of downside risk

+3.82

Omega ratioGain probability vs. loss probability

1.33

0.87

+0.46

Calmar ratioReturn relative to maximum drawdown

2.56

-0.77

+3.33

Martin ratioReturn relative to average drawdown

11.37

-1.33

+12.70

URTH vs. BTC-USD - Sharpe Ratio Comparison

The current URTH Sharpe Ratio is 1.85, which is higher than the BTC-USD Sharpe Ratio of -0.92. The chart below compares the historical Sharpe Ratios of URTH 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

URTH vs. BTC-USD - Drawdown Comparison

The maximum URTH drawdown since its inception was -34.01%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for URTH and BTC-USD.


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Drawdown Indicators


URTHBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-34.01%

-85.30%

+51.29%

Max Drawdown (1Y)

Largest decline over 1 year

-9.06%

-51.21%

+42.15%

Max Drawdown (3Y)

Largest decline over 3 years

-16.94%

-51.21%

+34.27%

Max Drawdown (5Y)

Largest decline over 5 years

-26.05%

-76.67%

+50.62%

Max Drawdown (10Y)

Largest decline over 10 years

-34.01%

-83.80%

+49.79%

Current Drawdown

Current decline from peak

-1.87%

-48.27%

+46.40%

Average Drawdown

Average peak-to-trough decline

-4.37%

-42.36%

+37.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.04%

35.16%

-33.12%

Volatility

URTH vs. BTC-USD - Volatility Comparison

The current volatility for iShares MSCI World ETF (URTH) is 4.55%, while Bitcoin (BTC-USD) has a volatility of 11.97%. This indicates that URTH 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.


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Volatility by Period


URTHBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.55%

11.97%

-7.42%

Volatility (6M)

Calculated over the trailing 6-month period

10.11%

34.64%

-24.53%

Volatility (1Y)

Calculated over the trailing 1-year period

12.57%

35.59%

-23.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.26%

44.57%

-28.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.29%

56.61%

-39.32%

Frequently Asked Questions


URTH and BTC-USD have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTC-USD has higher volatility (11.97%) compared to URTH (4.55%). In terms of maximum drawdown, URTH dropped -34.01% vs BTC-USD's -85.30%.

URTH currently has the higher Sharpe Ratio (1.85 vs -0.92), 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

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