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USD=X vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

USD=X vs. BTC-USD - Performance Comparison

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

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Returns By Period


USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%

BTC-USD

1D
0.85%
1M
-14.42%
YTD
-23.17%
6M
-26.37%
1Y
-36.52%
3Y*
35.33%
5Y*
12.77%
10Y*
60.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USD=X vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BTC-USD
Bitcoin
-23.17%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

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Return for Risk

USD=X vs. BTC-USD — Risk / Return Rank

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

USD=X

BTC-USD
BTC-USD Risk / Return Rank: 3434
Overall Rank
BTC-USD Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3636
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3535
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 5656
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 1717
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.

USD=X vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) 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.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

USD=X vs. BTC-USD - Sharpe Ratio Comparison


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Sharpe Ratios by Period


USD=XBTC-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.85

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.89

Sharpe Ratio (All Time)

Calculated using the full available price history

1.14

Drawdowns

USD=X vs. BTC-USD - Drawdown Comparison

The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for USD=X and BTC-USD.


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Drawdown Indicators


USD=XBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-85.30%

+85.30%

Max Drawdown (1Y)

Largest decline over 1 year

0.00%

-49.65%

+49.65%

Max Drawdown (3Y)

Largest decline over 3 years

0.00%

-49.65%

+49.65%

Max Drawdown (5Y)

Largest decline over 5 years

0.00%

-76.67%

+76.67%

Max Drawdown (10Y)

Largest decline over 10 years

0.00%

-83.80%

+83.80%

Current Drawdown

Current decline from peak

0.00%

-46.10%

+46.10%

Average Drawdown

Average peak-to-trough decline

0.00%

-42.27%

+42.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

33.71%

-33.71%

Volatility

USD=X vs. BTC-USD - Volatility Comparison

The current volatility for USD Cash (USD=X) is 0.00%, while Bitcoin (BTC-USD) has a volatility of 9.90%. This indicates that USD=X 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


USD=XBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

9.90%

-9.90%

Volatility (6M)

Calculated over the trailing 6-month period

0.00%

33.98%

-33.98%

Volatility (1Y)

Calculated over the trailing 1-year period

0.00%

35.37%

-35.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.00%

45.01%

-45.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.00%

56.68%

-56.68%

Frequently Asked Questions


BTC-USD has higher volatility (9.90%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs BTC-USD's -85.30%.

Portfolio Optimizer

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