USD=X vs. BTC-USD
Compare and contrast key facts about USD Cash (USD=X) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USD=X or BTC-USD.
Performance
USD=X vs. BTC-USD - Performance Comparison
Returns By Period
USD=X
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
BTC-USD
123.21%
40.04%
36.48%
163.42%
66.85%
74.15%
Key characteristics
USD=X | BTC-USD | |
---|---|---|
Ulcer Index | 0.00% | 11.71% |
Daily Std Dev | 0.00% | 44.27% |
Max Drawdown | 0.00% | -93.07% |
Current Drawdown | 0.00% | 0.00% |
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Correlation
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.
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.
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.