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USDC-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between USDC-USD and BTC-USD is -0.08. 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.


-0.50.00.51.0-0.1

Performance

USDC-USD vs. BTC-USD - Performance Comparison

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

0.00%500.00%1,000.00%1,500.00%JulyAugustSeptemberOctoberNovemberDecember
-1.19%
1,385.50%
USDC-USD
BTC-USD

Key characteristics

Sharpe Ratio

USDC-USD:

0.00

BTC-USD:

1.74

Sortino Ratio

USDC-USD:

0.01

BTC-USD:

2.47

Omega Ratio

USDC-USD:

1.00

BTC-USD:

1.24

Calmar Ratio

USDC-USD:

0.00

BTC-USD:

1.59

Martin Ratio

USDC-USD:

0.02

BTC-USD:

8.14

Ulcer Index

USDC-USD:

0.05%

BTC-USD:

10.81%

Daily Std Dev

USDC-USD:

0.23%

BTC-USD:

44.45%

Max Drawdown

USDC-USD:

-19.18%

BTC-USD:

-93.07%

Current Drawdown

USDC-USD:

-3.41%

BTC-USD:

-7.03%

Returns By Period

In the year-to-date period, USDC-USD achieves a -0.01% return, which is significantly lower than BTC-USD's 133.47% return.


USDC-USD

YTD

-0.01%

1M

0.02%

6M

0.00%

1Y

-0.04%

5Y*

-0.10%

10Y*

N/A

BTC-USD

YTD

133.47%

1M

0.68%

6M

59.66%

1Y

126.25%

5Y*

68.62%

10Y*

77.61%

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Risk-Adjusted Performance

USDC-USD vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USDCoin (USDC-USD) 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
The chart of Sharpe ratio for USDC-USD, currently valued at 0.00, compared to the broader market0.002.004.006.000.001.74
The chart of Sortino ratio for USDC-USD, currently valued at 0.01, compared to the broader market0.002.004.000.012.47
The chart of Omega ratio for USDC-USD, currently valued at 1.00, compared to the broader market1.001.201.401.601.001.24
The chart of Calmar ratio for USDC-USD, currently valued at 0.00, compared to the broader market1.002.003.004.005.006.000.001.59
The chart of Martin ratio for USDC-USD, currently valued at 0.02, compared to the broader market0.0010.0020.0030.0040.0050.0060.000.028.14
USDC-USD
BTC-USD

The current USDC-USD Sharpe Ratio is 0.00, which is lower than the BTC-USD Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of USDC-USD and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.00
1.74
USDC-USD
BTC-USD

Drawdowns

USDC-USD vs. BTC-USD - Drawdown Comparison

The maximum USDC-USD drawdown since its inception was -19.18%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for USDC-USD and BTC-USD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.41%
-7.03%
USDC-USD
BTC-USD

Volatility

USDC-USD vs. BTC-USD - Volatility Comparison

The current volatility for USDCoin (USDC-USD) is 0.10%, while Bitcoin (BTC-USD) has a volatility of 14.16%. This indicates that USDC-USD 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%JulyAugustSeptemberOctoberNovemberDecember
0.10%
14.16%
USDC-USD
BTC-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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