XAUT-USD vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Tether Gold USD (XAUT-USD) and Bitcoin (BTC-USD).

Performance

XAUT-USD vs. BTC-USD - Performance Comparison

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

XAUT-USD vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XAUT-USD Tether Gold USD	7.53%	64.73%	27.39%	13.75%	-0.68%	-4.67%	21.67%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	245.73%

Returns By Period

In the year-to-date period, XAUT-USD achieves a 7.53% return, which is significantly higher than BTC-USD's -21.63% return.

XAUT-USD

• 1D: -0.19%
• 1M: -12.31%
• YTD: 7.53%
• 6M: 20.56%
• 1Y: 49.22%
• 3Y*: 33.52%
• 5Y*: 21.85%
• 10Y*: —

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

XAUT-USD vs. BTC-USD — Risk / Return Rank

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

XAUT-USD

XAUT-USD Risk / Return Rank: 97
XAUT-USD Sharpe Ratio Rank: 97
XAUT-USD Sortino Ratio Rank: 95
XAUT-USD Omega Ratio Rank: 96
XAUT-USD Calmar Ratio Rank: 97
XAUT-USD Martin Ratio Rank: 97

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.

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

This table presents a comparison of risk-adjusted performance metrics for Tether Gold USD (XAUT-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.

	XAUT-USD	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	1.81	-0.44	+2.25
Sortino ratio Return per unit of downside risk	2.25	-0.38	+2.63
Omega ratio Gain probability vs. loss probability	1.31	0.96	+0.35
Calmar ratio Return relative to maximum drawdown	2.88	-1.11	+3.99
Martin ratio Return relative to average drawdown	8.65	-1.99	+10.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XAUT-USD vs. BTC-USD - Sharpe Ratio Comparison

The current XAUT-USD Sharpe Ratio is 1.81, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of XAUT-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.

Sharpe Ratios by Period

	XAUT-USD	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	-0.44	+2.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.24	0.05	+1.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	1.19	-0.13

Correlation

The correlation between XAUT-USD and BTC-USD is 0.10, 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

XAUT-USD vs. BTC-USD - Drawdown Comparison

The maximum XAUT-USD drawdown since its inception was -20.51%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for XAUT-USD and BTC-USD.

Drawdown Indicators

	XAUT-USD	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-20.51%	-85.30%	+64.79%
Max Drawdown (1Y) Largest decline over 1 year	-20.33%	-49.65%	+29.32%
Max Drawdown (5Y) Largest decline over 5 years	-20.51%	-76.67%	+56.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-15.70%	-45.02%	+29.32%
Average Drawdown Average peak-to-trough decline	-6.15%	-41.99%	+35.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.78%	27.60%	-20.82%

Volatility

XAUT-USD vs. BTC-USD - Volatility Comparison

The current volatility for Tether Gold USD (XAUT-USD) is 9.65%, while Bitcoin (BTC-USD) has a volatility of 13.58%. This indicates that XAUT-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.

Volatility by Period

	XAUT-USD	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.65%	13.58%	-3.93%
Volatility (6M) Calculated over the trailing 6-month period	23.94%	35.98%	-12.04%
Volatility (1Y) Calculated over the trailing 1-year period	22.58%	36.76%	-14.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.63%	46.90%	-32.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.03%	56.70%	-41.67%