WTI vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about W&T Offshore, Inc. (WTI) and Bitcoin (BTC-USD).

Performance

WTI vs. BTC-USD - Performance Comparison

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

WTI vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTI W&T Offshore, Inc.	85.28%	0.62%	-48.17%	-41.41%	72.76%	48.85%	-60.97%	34.95%	24.47%	19.49%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Returns By Period

In the year-to-date period, WTI achieves a 85.28% return, which is significantly higher than BTC-USD's -21.63% return. Over the past 10 years, WTI has underperformed BTC-USD with an annualized return of 4.17%, while BTC-USD has yielded a comparatively higher 66.45% annualized return.

WTI

• 1D: -11.73%
• 1M: 0.67%
• YTD: 85.28%
• 6M: 60.62%
• 1Y: 110.60%
• 3Y*: -14.64%
• 5Y*: -3.63%
• 10Y*: 4.17%

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

WTI vs. BTC-USD — Risk / Return Rank

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

WTI

WTI Risk / Return Rank: 79
WTI Sharpe Ratio Rank: 82
WTI Sortino Ratio Rank: 81
WTI Omega Ratio Rank: 77
WTI Calmar Ratio Rank: 81
WTI Martin Ratio Rank: 75

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WTI vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for W&T Offshore, Inc. (WTI) 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.

	WTI	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	1.42	-0.44	+1.87
Sortino ratio Return per unit of downside risk	2.20	-0.38	+2.58
Omega ratio Gain probability vs. loss probability	1.27	0.96	+0.30
Calmar ratio Return relative to maximum drawdown	2.45	-1.11	+3.55
Martin ratio Return relative to average drawdown	4.67	-1.99	+6.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTI vs. BTC-USD - Sharpe Ratio Comparison

The current WTI Sharpe Ratio is 1.42, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of WTI 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.

Sharpe Ratios by Period

	WTI	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	-0.44	+1.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.05	0.05	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	0.97	-0.92
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	1.19	-1.29

Correlation

The correlation between WTI and BTC-USD is 0.03, 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.

Drawdowns

WTI vs. BTC-USD - Drawdown Comparison

The maximum WTI drawdown since its inception was -97.59%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for WTI and BTC-USD.

Drawdown Indicators

	WTI	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-97.59%	-85.30%	-12.29%
Max Drawdown (1Y) Largest decline over 1 year	-40.17%	-49.65%	+9.48%
Max Drawdown (5Y) Largest decline over 5 years	-87.31%	-76.67%	-10.64%
Max Drawdown (10Y) Largest decline over 10 years	-88.92%	-83.80%	-5.12%
Current Drawdown Current decline from peak	-93.00%	-45.02%	-47.98%
Average Drawdown Average peak-to-trough decline	-73.93%	-41.99%	-31.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.06%	27.60%	-6.54%

Volatility

WTI vs. BTC-USD - Volatility Comparison

W&T Offshore, Inc. (WTI) has a higher volatility of 36.76% compared to Bitcoin (BTC-USD) at 13.58%. This indicates that WTI'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.

Volatility by Period

	WTI	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.76%	13.58%	+23.18%
Volatility (6M) Calculated over the trailing 6-month period	61.17%	35.98%	+25.19%
Volatility (1Y) Calculated over the trailing 1-year period	78.34%	36.76%	+41.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.94%	46.90%	+20.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.46%	56.70%	+15.76%