YBTC vs. BTC-USD
Compare and contrast key facts about Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Bitcoin (BTC-USD).
YBTC is an actively managed fund by Roundhill. It was launched on Jan 17, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YBTC or BTC-USD.
Correlation
The correlation between YBTC and BTC-USD is 0.62, 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.
Performance
YBTC vs. BTC-USD - Performance Comparison
Key characteristics
YBTC:
0.34
BTC-USD:
0.68
YBTC:
0.78
BTC-USD:
1.31
YBTC:
1.09
BTC-USD:
1.13
YBTC:
0.67
BTC-USD:
0.47
YBTC:
1.46
BTC-USD:
3.17
YBTC:
10.55%
BTC-USD:
11.27%
YBTC:
45.21%
BTC-USD:
42.23%
YBTC:
-23.17%
BTC-USD:
-93.07%
YBTC:
-18.38%
BTC-USD:
-21.01%
Returns By Period
In the year-to-date period, YBTC achieves a -8.31% return, which is significantly higher than BTC-USD's -10.26% return.
YBTC
-8.31%
-2.59%
19.62%
11.89%
N/A
N/A
BTC-USD
-10.26%
-7.48%
35.08%
22.38%
65.31%
78.65%
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Risk-Adjusted Performance
YBTC vs. BTC-USD — Risk-Adjusted Performance Rank
YBTC
BTC-USD
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.
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.
Volatility
YBTC vs. BTC-USD - Volatility Comparison
Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Bitcoin (BTC-USD) have volatilities of 15.28% and 14.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.