Invesco Galaxy Bitcoin ETF

10-Year Study

BTCO.US · · US · ETF

Executive Summary: Invesco Galaxy Bitcoin ETF has compounded at 28.8% annually over the last 10 years, with a maximum drawdown of 43.9% and an annualized volatility of 53.3%.

1Y CAGR
-30.3%
3Y CAGR
+28.8%
5Y CAGR
+28.8%
10Y CAGR
+28.8%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
43.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.77
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.77
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
54.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +-6.6%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · -13.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
0%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-4.3-21.73.311.3————————-13.9%
20258.7-17.1-2.214.311.12.98.3-7.35.6-4.0-17.4-3.6-6.6%
2024—46.114.4-16.914.6-11.69.2-10.18.410.038.8-3.8119.6%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 53.3%. The dominant macroeconomic risk driver is BTC-USD.CC, accounting for 80.9% of variance. Idiosyncratic stock-specific factors contribute 1.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2024-01-0110000
2024-02-0114608.14309249235
2024-03-0116712.167568839726
2024-04-0113890.327135796659
2024-05-0115914.332784184515
2024-06-0114062.132266415625
2024-07-0115356.554483407861
2024-08-0113798.54083313721
2024-09-0114954.106848670275
2024-10-0116453.283125441278
2024-11-0122831.254412803013
2024-12-0121960.461285008238
2025-01-0123864.438691456817
2025-02-0119781.124970581313
2025-03-0119350.435396563895
2025-04-0122125.20593080725
2025-05-0124586.961638032477
2025-06-0125307.131089668157
2025-07-0127408.802071075545
2025-08-0125403.624382207574
2025-09-0126832.19581077901
2025-10-0125747.234643445518
2025-11-0121277.947752412332
2025-12-0120515.415391856906
2026-01-0119637.561779242173
2026-02-0115377.735937867734
2026-03-0115879.030360084726
2026-04-0117667.686514473993
Annual Return Matrix
YearAnnual Return
2025-0.06580216482692103
2026-0.13880922335665946
Total Factor Risk
0.5327859259731829
VTI.US Exposure
-0.082019804507501
VEA.US Exposure
-0.010913552841473889
VWO.US Exposure
0.011660160775813068
QQQ.US Exposure
0.04447491678231903
VTV.US Exposure
0.07921102444564199
IJR.US Exposure
-0.015664068798878848
QUAL.US Exposure
-0.04256441529301179
SHV.US Exposure
0.013011421948815329
TLT.US Exposure
-0.012096334559820905
LQD.US Exposure
0.13220712367164644
HYG.US Exposure
-0.01063853536542713
GLD.US Exposure
0.00297318215106812
USO.US Exposure
0.0003656997197237541
VNQ.US Exposure
0.00065155141184997
BTC-USD.CC Exposure
0.8089110847928473
CPER.US Exposure
0.002220441971738388
VIX.INDX Exposure
0.01864419455159078
UUP.US Exposure
0.0007372228631492278
TIP.US Exposure
0.04919495766210697
Idiosyncratic Exposure
0.009633728617803183
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
53.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+8.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-21.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
40.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Invesco Galaxy Bitcoin ETF a high-risk investment?

Invesco Galaxy Bitcoin ETF (BTCO.US) has an annualized volatility of 53.3% and experienced a maximum drawdown of 43.9% over the last 10 years. Its primary macro risk driver is BTC-USD.CC.

What is the 10-year return of BTCO.US?

Over the past 10 years, BTCO.US has generated a Compound Annual Growth Rate (CAGR) of 28.8%. It has had a positive return in 0% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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