VMFXX vs. BTC-USD
VMFXX (Vanguard Federal Money Market Fund) is Money Market fund managed by Vanguard, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, VMFXX returned 2.39%/yr vs 11.35%/yr for BTC-USD. At a correlation of -0.04, they often move in opposite directions.
Performance
VMFXX vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VMFXX achieves a 1.50% return, which is significantly higher than BTC-USD's -29.97% return.
VMFXX
- 1D
- 0.00%
- 1M
- 0.30%
- YTD
- 1.50%
- 6M
- 1.82%
- 1Y
- 3.95%
- 3Y*
- 3.35%
- 5Y*
- 2.39%
- 10Y*
- —
BTC-USD
- 1D
- -3.97%
- 1M
- -24.76%
- YTD
- -29.97%
- 6M
- -31.42%
- 1Y
- -39.67%
- 3Y*
- 31.02%
- 5Y*
- 11.35%
- 10Y*
- 59.37%
VMFXX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VMFXX Vanguard Federal Money Market Fund | 1.50% | 4.24% | 1.64% | 4.64% | 0.00% | 0.00% |
BTC-USD Bitcoin | -29.97% | -6.27% | 120.76% | 155.82% | -64.23% | 20.46% |
Correlation
The correlation between VMFXX and BTC-USD is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | -0.04 |
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
VMFXX vs. BTC-USD — Risk / Return Rank
VMFXX
BTC-USD
VMFXX vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Federal Money Market Fund (VMFXX) 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.
| VMFXX | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.60 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.87 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.78 | — |
| Martin ratioReturn relative to average drawdown | — | -1.39 | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VMFXX | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.67 | -0.93 | +4.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.60 | 0.21 | +2.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.60 | 1.13 | +1.47 |
Drawdowns
VMFXX vs. BTC-USD - Drawdown Comparison
The maximum VMFXX drawdown since its inception was 0.00%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for VMFXX and BTC-USD.
Loading charts...
Drawdown Indicators
| VMFXX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -85.30% | +85.30% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -50.87% | +50.87% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -50.87% | +50.87% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -76.67% | +76.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | 0.00% | -50.87% | +50.87% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -42.29% | +42.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 34.02% | -34.02% |
Volatility
VMFXX vs. BTC-USD - Volatility Comparison
The current volatility for Vanguard Federal Money Market Fund (VMFXX) is 0.30%, while Bitcoin (BTC-USD) has a volatility of 10.54%. This indicates that VMFXX 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.
Loading charts...
Volatility by Period
| VMFXX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.30% | 10.54% | -10.24% |
Volatility (6M)Calculated over the trailing 6-month period | 0.79% | 34.26% | -33.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.12% | 35.65% | -34.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.94% | 44.98% | -44.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.94% | 56.70% | -55.76% |
Frequently Asked Questions
VMFXX and BTC-USD have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (10.54%) compared to VMFXX (0.30%). In terms of maximum drawdown, VMFXX dropped 0.00% vs BTC-USD's -85.30%.
VMFXX currently has the higher Sharpe Ratio (3.67 vs -0.93), 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 VMFXX and BTC-USD
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