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

Correlation

The correlation between VET-USD and BTC-USD is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

VET-USD vs. BTC-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

VET-USD:

-0.25

BTC-USD:

1.13

Sortino Ratio

VET-USD:

1.17

BTC-USD:

2.85

Omega Ratio

VET-USD:

1.11

BTC-USD:

1.30

Calmar Ratio

VET-USD:

0.06

BTC-USD:

2.03

Martin Ratio

VET-USD:

0.45

BTC-USD:

9.98

Ulcer Index

VET-USD:

48.08%

BTC-USD:

11.19%

Daily Std Dev

VET-USD:

85.78%

BTC-USD:

41.36%

Max Drawdown

VET-USD:

-99.97%

BTC-USD:

-93.18%

Current Drawdown

VET-USD:

-99.69%

BTC-USD:

-5.40%

Returns By Period

In the year-to-date period, VET-USD achieves a -39.69% return, which is significantly lower than BTC-USD's 13.07% return.


VET-USD

YTD

-39.69%

1M

-1.07%

6M

-42.76%

1Y

-24.33%

3Y*

-7.64%

5Y*

33.04%

10Y*

N/A

BTC-USD

YTD

13.07%

1M

12.14%

6M

8.39%

1Y

54.53%

3Y*

49.33%

5Y*

61.22%

10Y*

85.17%

*Annualized

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VeChain

Bitcoin

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

VET-USD vs. BTC-USD — Risk-Adjusted Performance Rank

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

VET-USD
The Risk-Adjusted Performance Rank of VET-USD is 6161
Overall Rank
The Sharpe Ratio Rank of VET-USD is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of VET-USD is 6565
Sortino Ratio Rank
The Omega Ratio Rank of VET-USD is 6363
Omega Ratio Rank
The Calmar Ratio Rank of VET-USD is 6161
Calmar Ratio Rank
The Martin Ratio Rank of VET-USD is 6161
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 8989
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8686
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9393
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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

This table presents a comparison of risk-adjusted performance metrics for VeChain (VET-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.


The current VET-USD Sharpe Ratio is -0.25, which is lower than the BTC-USD Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of VET-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.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

VET-USD vs. BTC-USD - Drawdown Comparison

The maximum VET-USD drawdown since its inception was -99.97%, which is greater than BTC-USD's maximum drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for VET-USD and BTC-USD.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

VET-USD vs. BTC-USD - Volatility Comparison

VeChain (VET-USD) has a higher volatility of 24.86% compared to Bitcoin (BTC-USD) at 10.22%. This indicates that VET-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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