PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
USD=X vs. BTC-USD
Performance
Risk-Adjusted Performance
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.

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember0
38.88%
USD=X
BTC-USD

Returns By Period


USD=X

YTD

0.00%

1M

0.00%

6M

0.00%

1Y

0.00%

5Y (annualized)

0.00%

10Y (annualized)

0.00%

BTC-USD

YTD

123.21%

1M

40.04%

6M

36.48%

1Y

163.42%

5Y (annualized)

66.85%

10Y (annualized)

74.15%

Key characteristics


USD=XBTC-USD
Ulcer Index0.00%11.71%
Daily Std Dev0.00%44.27%
Max Drawdown0.00%-93.07%
Current Drawdown0.00%0.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.0

The correlation between USD=X and BTC-USD is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

USD=X vs. BTC-USD - Risk-Adjusted Performance 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.


Sharpe ratio
No data
USD=X
BTC-USD

Rolling 12-month Sharpe Ratio1.002.003.004.005.006.00JuneJulyAugustSeptemberOctoberNovember
0.83
USD=X
BTC-USD

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 -93.07%. Use the drawdown chart below to compare losses from any high point for USD=X and BTC-USD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
USD=X
BTC-USD

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 16.54%. 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.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember0
16.54%
USD=X
BTC-USD