ZROZ vs. BTC-USD
ZROZ (PIMCO 25+ Year Zero Coupon US Treasury Index Fund) is Government Bonds fund tracking the ICE BofA Long U.S. Treasury Principal STRIPS Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, ZROZ returned -4.28%/yr vs 57.32%/yr for BTC-USD. At a correlation of -0.01, they often move in opposite directions.
Performance
ZROZ vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZROZ achieves a -0.11% return, which is significantly higher than BTC-USD's -27.32% return. Over the past 10 years, ZROZ has underperformed BTC-USD with an annualized return of -4.28%, while BTC-USD has yielded a comparatively higher 57.32% annualized return.
ZROZ
- 1D
- -0.31%
- 1M
- 3.23%
- YTD
- -0.11%
- 6M
- -0.09%
- 1Y
- 0.65%
- 3Y*
- -6.87%
- 5Y*
- -11.89%
- 10Y*
- -4.28%
BTC-USD
- 1D
- 0.05%
- 1M
- -19.79%
- YTD
- -27.32%
- 6M
- -29.56%
- 1Y
- -39.85%
- 3Y*
- 34.86%
- 5Y*
- 10.27%
- 10Y*
- 57.32%
ZROZ vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZROZ PIMCO 25+ Year Zero Coupon US Treasury Index Fund | -0.11% | -1.84% | -16.18% | 1.19% | -41.28% | -5.22% | 24.57% | 21.22% | -5.43% | 14.77% |
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between ZROZ and BTC-USD is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2012 | -0.01 |
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
ZROZ vs. BTC-USD — Risk / Return Rank
ZROZ
BTC-USD
ZROZ vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ZROZ | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.87 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | -0.78 | +0.82 |
| Martin ratioReturn relative to average drawdown | 0.10 | -1.36 | +1.46 |
Loading charts...
Drawdowns
ZROZ vs. BTC-USD - Drawdown Comparison
The maximum ZROZ drawdown since its inception was -62.93%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for ZROZ and BTC-USD.
Loading charts...
Drawdown Indicators
| ZROZ | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.93% | -85.30% | +22.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.02% | -51.21% | +37.19% |
Max Drawdown (3Y)Largest decline over 3 years | -28.62% | -51.21% | +22.59% |
Max Drawdown (5Y)Largest decline over 5 years | -57.98% | -76.67% | +18.69% |
Max Drawdown (10Y)Largest decline over 10 years | -62.93% | -83.80% | +20.87% |
Current DrawdownCurrent decline from peak | -59.54% | -49.01% | -10.53% |
Average DrawdownAverage peak-to-trough decline | -24.10% | -42.35% | +18.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.31% | 35.02% | -28.71% |
Volatility
ZROZ vs. BTC-USD - Volatility Comparison
The current volatility for PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ) is 4.59%, while Bitcoin (BTC-USD) has a volatility of 12.11%. This indicates that ZROZ 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
| ZROZ | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 12.11% | -7.52% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 34.59% | -23.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.12% | 35.62% | -19.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.89% | 44.71% | -20.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.06% | 56.62% | -34.56% |
Frequently Asked Questions
ZROZ and BTC-USD have a correlation of 0.05, 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 (12.11%) compared to ZROZ (4.59%). In terms of maximum drawdown, ZROZ dropped -62.93% vs BTC-USD's -85.30%.
ZROZ currently has the higher Sharpe Ratio (0.04 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 ZROZ 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