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^DXY vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

^DXY vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Dollar Currency Index (^DXY) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


^DXY

1D
1M
6M
YTD
1Y
3Y*
5Y*
10Y*

BTC-USD

1D
1.32%
1M
2.22%
6M
-30.73%
YTD
-27.93%
1Y
-43.34%
3Y*
27.51%
5Y*
13.47%
10Y*
57.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^DXY vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
^DXY
US Dollar Currency Index
1.13%-9.37%7.06%-2.11%7.87%6.71%-6.69%0.22%4.40%-9.87%
BTC-USD
Bitcoin
-27.93%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between ^DXY and BTC-USD is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.16

Correlation (3Y)
Calculated over the trailing 3-year period

-0.13

Correlation (5Y)
Calculated over the trailing 5-year period

-0.17

Correlation (10Y)
Calculated over the trailing 10-year period

-0.09

Correlation (All Time)
Calculated using the full available price history since Oct 24, 2012

-0.05

The correlation between ^DXY and BTC-USD shifts across timeframes, from -0.17 (5 years) to -0.05 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

^DXY vs. BTC-USD — Risk / Return Rank

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

^DXY
^DXY Risk / Return Rank: 1717
Overall Rank
^DXY Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
^DXY Sortino Ratio Rank: 1515
Sortino Ratio Rank
^DXY Omega Ratio Rank: 1515
Omega Ratio Rank
^DXY Calmar Ratio Rank: 1919
Calmar Ratio Rank
^DXY Martin Ratio Rank: 1919
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 2020
Overall Rank
BTC-USD Sharpe Ratio Rank: 66
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 2727
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 2222
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 3939
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 77
Martin Ratio Rank
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.

^DXY vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Dollar Currency Index (^DXY) 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.


^DXYBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.85

Calmar ratioReturn relative to maximum drawdown

-0.82

Martin ratioReturn relative to average drawdown

-1.34

^DXY vs. BTC-USD - Sharpe Ratio Comparison


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Drawdowns

^DXY vs. BTC-USD - Drawdown Comparison


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Drawdown Indicators


^DXYBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-85.30%

Max Drawdown (1Y)

Largest decline over 1 year

-53.08%

Max Drawdown (3Y)

Largest decline over 3 years

-53.08%

Max Drawdown (5Y)

Largest decline over 5 years

-76.67%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-49.44%

Average Drawdown

Average peak-to-trough decline

-42.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

31.20%

Volatility

^DXY vs. BTC-USD - Volatility Comparison


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Volatility by Period


^DXYBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.25%

Volatility (6M)

Calculated over the trailing 6-month period

34.87%

Volatility (1Y)

Calculated over the trailing 1-year period

35.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.32%

Frequently Asked Questions


^DXY 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.

Portfolio Optimizer

Find the right allocation for ^DXY 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.

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