When I google "Bitcoin Sharpe ratio," every article that comes up shows its ratio to be quite high. Here's a chart comparing various assets' Sharpe ratios over

When I google "Bitcoin Sharpe ratio," every article that comes up shows its ratio to be quite high. Here's a chart comparing various assets' Sharpe ratios over time, always for the previous four years. Bitcoin's is at top of the chart, staying over 2 and sometimes over 3: http://charts.woobull.com/bitcoin-risk-adjusted-return/ http://charts.woobull.com/bitcoin-risk-adjusted-return/ The lowest I've found is in this article, calculating over the past five years a Sharpe ratio of 1.6: https://www.forbes.com/sites/baldwin/2021/03/02/how-bitcoin-fits-in-a-retirement-portfolio/?sh=415cfd4d3a55 https://www.forbes.com/sites/baldwin/2021/03/02/how-bitcoin-... According to this, from 2007 to 2021 the Sharpe ratio of the Nasdaq 100 was 0.97: https://backtest.curvo.eu/portfolio/nasdaq-100--NoIgcghgzgJhCOACAjABlSANMUAZAqsgGwAcaAzCeQExFbIC6TQA https://backtest.curvo.eu/portfolio/nasdaq-100--NoIgcghgzgJh... And this gives a FAANG portfolio Sharpe ratio of 1.25: https://medium.datadriveninvestor.com/3-ways-to-evaluate-the-performance-of-your-investment-strategy-ac3783a38929 https://medium.datadriveninvestor.com/3-ways-to-evaluate-the... In terms of absolute returns, TQQQ has done well but not so well as Bitcoin. Since 2016 TQQQ has done 12X, compared to Bitcoin's 85X. Since April 2013 (as far back as Coingecko goes) TQQQ has gone up 37X, compared to a Bitcoin's 272X. As a bonus, Bitcoin has a long-term correlation with the S&P500 of only 0.01, according to the Forbes article linked above.