BTCT vs RYM: Correlation
How closely do BTC Digital Ltd. (BTCT) and RYTHM, Inc. (RYM) 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
How correlated are BTCT and RYM?
On 3 years of weekly data the BTCT/RYM correlation comes out at 0.42, moderate. The past 12 months show a weaker link (0.19) than the 3-year average (0.42). The 5-year figure is 0.32, and annualized covariance runs at 50467.9 %².
Within BTCT's tracked universe of 52 assets, RYM comes in at #11 by 3-year correlation. The trailing year gives BTCT the advantage: -20.2% versus -26.2%, a 6.0-point spread. Note the risk asymmetry: BTCT runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BTCT vs RYM: side by side
| BTCT (BTC Digital Ltd.) | RYM (RYTHM, Inc.) | |
|---|---|---|
| 1-year return | -20.2% | -26.2% |
| 5-year return | -99.5% | -100.0% |
| Volatility (ann.) | 571.6% | 208.3% |
| Beta vs S&P 500 | -2.21 | 2.05 |
| Max drawdown (3Y) | -97.8% | -94.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTCT | RYM |
|---|---|---|
| 2022 | -97.6% | -99.6% |
| 2023 | +33.9% | -81.1% |
| 2024 | -0.8% | +53.9% |
| 2025 | -72.8% | -26.4% |
| 2026 | +61.5% | +5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTCT and RYM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BTCT and RYM?
As of 2026-08-27, the correlation of weekly returns between BTCT and RYM is 0.42 over 3 years, 0.19 over 1 year and 0.32 over 5 years.
Is RYM a good diversifier for BTCT?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: BTCT correlations · RYM correlations
