Asset class with the best performance in 10 years: BTC ten times stronger than Nasdaq
Bitcoin’s annualised return is leaps and bounds better than any other asset class.
Over the past decade, Bitcoin has outperformed all other asset classes by at least ten times.
Compound Capital Advisors CEO and founder Charlie Bilello made this observation, charting the performance of the most popular asset class using data from Ycharts.
Roberto Talamas, a researcher at Messari, commented that Bitcoin has averaged an annualised return of 230 per cent. That’s over ten times the return offered by the No. 2 asset class.
According to the report, the US Nasdaq 100 equity index ranked second with an annualised return of 20 per cent, followed by the US Large Caps Index, which tracks stocks of US companies with a market capitalisation of Crypto Method more than $10 billion. This has an average annual performance of 14 percent. The US Small Cap Index was the only other asset class to deliver a double-digit annualised return over the past ten years, at 12.9 per cent.
The data also shows that gold has delivered a relatively low annualised return of 1.5 per cent since 2011
In five out of eleven years, the asset has actually returned a loss. According to Gold Price, the precious metal has fallen 8.5 per cent since the beginning of 2021. Bitcoin critic and gold investor Peter Schiff did not like that at all.
Since 2011, BTC has gained 20 million percent. Bitcoin performed best in 2013. At that time, it gained 5,507 per cent.
The data also shows that Bitcoin has only recorded an annualised loss in two years during its existence. Specifically, BTC fell by 58 per cent and 73 per cent in both 2014 and 2018.
Since the beginning of 2021, BTC has risen 108 per cent. On 14 March, it once again reached an all-time high of just over US$61,500.