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BCG vs BTCT: Correlation

How closely do Binah Capital Group, Inc. (BCG) and BTC Digital Ltd. (BTCT) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.42
moderate
Correlation (1Y)
-0.04
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
31024.8
%² · weekly, annualized

How correlated are BCG and BTCT?

Over the past 3 years, BCG and BTCT moved with a correlation of 0.42, which is moderate. Lately the two have drifted apart, with the 1-year correlation at -0.04 versus 0.42 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 31024.8 %².

BTCT is one of the assets that tracks BCG most closely: it ranks #3 out of the 16 assets we track against BCG. On 12-month performance BTCT holds a 5.8-point edge, -26.0% against -20.2%. One caveat on sizing: BTCT is 4.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

BCG vs BTCT: side by side

BCG (Binah Capital Group, Inc.)BTCT (BTC Digital Ltd.)
1-year return-26.0%-20.2%
5-year returnn/a-99.5%
Volatility (ann.)116.2%571.6%
Beta vs S&P 5000.48-2.21
Max drawdown (3Y)-89.9%-97.8%
Market cap
P/E (trailing)14.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BCG -89.9% vs -97.8%
-82%0%+56%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BCG · BTCT

Year-by-year returns

YearBCGBTCT
2022-97.6%
2023+33.9%
2024-0.8%
2025-2.0%-72.8%
2026-49.7%+61.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BCG and BTCT good diversifiers for each other?

A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BCG and BTCT?

As of 2026-08-27, the correlation of weekly returns between BCG and BTCT is 0.42 over 3 years, -0.04 over 1 year and n/a over 5 years.

Is BTCT a good diversifier for BCG?

A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.42 mean?

On the −1 to +1 scale, 0.42 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

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BCG vs BTCT: 3-year weekly correlation 0.42BCG vs BTCT0.42

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Related comparisons

Hubs: BCG correlations · BTCT correlations