USDT-USD vs. BTCS
USDT-USD (Tether) is a cryptocurrency, while BTCS (BTCS Inc.) is a stock. Over the past 5 years, USDT-USD returned -0.02%/yr vs -23.20%/yr for BTCS. At a 0.08 correlation, their price movements are largely independent.
Performance
USDT-USD vs. BTCS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USDT-USD achieves a 0.07% return, which is significantly higher than BTCS's -62.53% return.
USDT-USD
- 1D
- 0.01%
- 1M
- 0.01%
- 6M
- -0.04%
- YTD
- 0.07%
- 1Y
- -0.14%
- 3Y*
- -0.03%
- 5Y*
- -0.02%
- 10Y*
- —
BTCS
- 1D
- 0.11%
- 1M
- -15.44%
- 6M
- -65.89%
- YTD
- -62.53%
- 1Y
- -84.54%
- 3Y*
- -8.13%
- 5Y*
- -23.20%
- 10Y*
- -24.99%
USDT-USD vs. BTCS - Yearly Performance Comparison
Correlation
The correlation between USDT-USD and BTCS is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2017 | 0.08 |
Over the past year, USDT-USD and BTCS have become more correlated (0.29) than their long-term average of 0.08, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
USDT-USD vs. BTCS — Risk / Return Rank
USDT-USD
BTCS
USDT-USD vs. BTCS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tether (USDT-USD) and BTCS Inc. (BTCS). 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.
| USDT-USD | BTCS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.76 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | -1.00 | +0.64 |
| Martin ratioReturn relative to average drawdown | -0.70 | -1.40 | +0.70 |
Loading charts...
Drawdowns
USDT-USD vs. BTCS - Drawdown Comparison
The maximum USDT-USD drawdown since its inception was -10.32%, smaller than the maximum BTCS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for USDT-USD and BTCS.
Loading charts...
Drawdown Indicators
| USDT-USD | BTCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.32% | -100.00% | +89.68% |
Max Drawdown (1Y)Largest decline over 1 year | -0.39% | -84.79% | +84.40% |
Max Drawdown (3Y)Largest decline over 3 years | -0.42% | -84.79% | +84.37% |
Max Drawdown (5Y)Largest decline over 5 years | -0.99% | -92.94% | +91.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.57% | — |
Current DrawdownCurrent decline from peak | -7.29% | -100.00% | +92.71% |
Average DrawdownAverage peak-to-trough decline | -6.94% | -97.69% | +90.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.11% | 60.20% | -60.09% |
Volatility
USDT-USD vs. BTCS - Volatility Comparison
The current volatility for Tether (USDT-USD) is 0.12%, while BTCS Inc. (BTCS) has a volatility of 13.98%. This indicates that USDT-USD experiences smaller price fluctuations and is considered to be less risky than BTCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USDT-USD | BTCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.12% | 13.98% | -13.86% |
Volatility (6M)Calculated over the trailing 6-month period | 0.34% | 58.24% | -57.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.41% | 86.48% | -86.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.55% | 128.10% | -127.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.74% | 190.77% | -184.03% |
Frequently Asked Questions
USDT-USD and BTCS have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTCS has higher volatility (13.98%) compared to USDT-USD (0.12%). In terms of maximum drawdown, USDT-USD dropped -10.32% vs BTCS's -100.00%.
USDT-USD currently has the higher Sharpe Ratio (-0.29 vs -0.99), 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.
Find the right allocation for USDT-USD and BTCS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer