XAUT-USD vs. BTC-USD
XAUT-USD (Tether Gold USD) and BTC-USD (Bitcoin) are both cryptocurrencies. Over the past 5 years, XAUT-USD returned 17.91%/yr vs 11.35%/yr for BTC-USD. At a 0.11 correlation, their price movements are largely independent.
Performance
XAUT-USD vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XAUT-USD achieves a -0.64% return, which is significantly higher than BTC-USD's -29.97% return.
XAUT-USD
- 1D
- -2.92%
- 1M
- -8.03%
- YTD
- -0.64%
- 6M
- 2.58%
- 1Y
- 27.99%
- 3Y*
- 29.96%
- 5Y*
- 17.91%
- 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%
XAUT-USD vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XAUT-USD Tether Gold USD | -0.64% | 64.73% | 27.39% | 13.75% | -0.68% | -4.67% | 21.67% |
BTC-USD Bitcoin | -29.97% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 245.73% |
Correlation
The correlation between XAUT-USD and BTC-USD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2020 | 0.11 |
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
XAUT-USD vs. BTC-USD — Risk / Return Rank
XAUT-USD
BTC-USD
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 ratioReturn per unit of total volatility | +1.98 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.87 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | -0.78 | +2.05 |
| Martin ratioReturn relative to average drawdown | 3.09 | -1.39 | +4.48 |
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
| XAUT-USD | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | -0.93 | +1.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.21 | +0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 1.13 | -0.19 |
Drawdowns
XAUT-USD vs. BTC-USD - Drawdown Comparison
The maximum XAUT-USD drawdown since its inception was -22.11%, 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.
Loading charts...
Drawdown Indicators
| XAUT-USD | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.11% | -85.30% | +63.19% |
Max Drawdown (1Y)Largest decline over 1 year | -22.11% | -50.87% | +28.76% |
Max Drawdown (3Y)Largest decline over 3 years | -22.11% | -50.87% | +28.76% |
Max Drawdown (5Y)Largest decline over 5 years | -22.11% | -76.67% | +54.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -22.11% | -50.87% | +28.76% |
Average DrawdownAverage peak-to-trough decline | -6.44% | -42.29% | +35.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.77% | 34.02% | -23.25% |
Volatility
XAUT-USD vs. BTC-USD - Volatility Comparison
The current volatility for Tether Gold USD (XAUT-USD) is 5.51%, while Bitcoin (BTC-USD) has a volatility of 10.54%. 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.
Loading charts...
Volatility by Period
| XAUT-USD | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 10.54% | -5.03% |
Volatility (6M)Calculated over the trailing 6-month period | 23.35% | 34.26% | -10.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.04% | 35.65% | -13.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.92% | 44.98% | -30.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.15% | 56.70% | -41.55% |
Frequently Asked Questions
XAUT-USD and BTC-USD have a correlation of 0.16, 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 XAUT-USD (5.51%). In terms of maximum drawdown, XAUT-USD dropped -22.11% vs BTC-USD's -85.30%.
XAUT-USD currently has the higher Sharpe Ratio (1.06 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 XAUT-USD 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