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

Performance

YBTC vs. BTC-USD - Performance Comparison

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

-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
22.97%
45.01%
YBTC
BTC-USD

Returns By Period


YBTC

YTD

N/A

1M

23.16%

6M

22.98%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

BTC-USD

YTD

133.06%

1M

46.23%

6M

45.01%

1Y

163.15%

5Y (annualized)

67.83%

10Y (annualized)

74.47%

Key characteristics


YBTCBTC-USD
Daily Std Dev43.55%44.23%
Max Drawdown-23.17%-93.07%
Current Drawdown0.00%0.00%

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Correlation

-0.50.00.51.00.6

The correlation between YBTC and BTC-USD is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) 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.


Sharpe ratio
The chart of Sharpe ratio for YBTC, currently valued at 0.97, compared to the broader market0.002.004.000.971.09
The chart of Sortino ratio for YBTC, currently valued at 1.57, compared to the broader market-2.000.002.004.006.008.0010.001.571.80
The chart of Omega ratio for YBTC, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.18
The chart of Calmar ratio for YBTC, currently valued at 0.75, compared to the broader market0.005.0010.0015.000.750.94
The chart of Martin ratio for YBTC, currently valued at 4.81, compared to the broader market0.0020.0040.0060.0080.00100.004.815.10
YBTC
BTC-USD

Rolling 12-month Sharpe Ratio0.501.001.502.00Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
0.97
1.09
YBTC
BTC-USD

Drawdowns

YBTC vs. BTC-USD - Drawdown Comparison

The maximum YBTC drawdown since its inception was -23.17%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for YBTC and BTC-USD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
YBTC
BTC-USD

Volatility

YBTC vs. BTC-USD - Volatility Comparison

The current volatility for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is 12.77%, while Bitcoin (BTC-USD) has a volatility of 16.79%. This indicates that YBTC 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.


10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
12.77%
16.79%
YBTC
BTC-USD