
BTC-USDVSSMH• 12 Months (Normalized)
BTC-USD vs SMH (Bitcoin USD vs VanEck Semiconductor ETF)
Showing Closing Date Range from Sep, 04, 2025 to Sep, 04, 2026.
Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.
BTC-USD Performance $79671.97
-28.04%
Bitcoin USD
Normalized Baseline0.00%
SMH Performance $567.01
+95.62%
VanEck Semiconductor ETF
Normalized Baseline0.00%
Alpha Spread Margin SMH LEADS
-123.66%
SMH outperforming by 123.66%
BTC-USDSMH
Spread Trajectory12 Months (Normalized)
Cumulative Performance Trajectory
Interactive divergence comparison normalized at 0.00% on start date.
BTC-USD SMH
Comparative Historical Ledger
Daily closing prices, normalized percentages, and relative spread divergence.
Historical Quotes & Breakdown(366 dates)
| Date | BTC-USD Price | BTC-USD Gain (%) | SMH Price | SMH Gain (%) | Spread |
|---|---|---|---|---|---|
| Sep 04, 2025 | $110723.60 | +0.00% | $289.86 | +0.00% | +0.00% |
| Sep 05, 2025 | $110650.98 | -0.07% | $293.28 | +1.18% | -1.25% |
| Sep 06, 2025 | $110224.70 | -0.45% | $- | - | |
| Sep 07, 2025 | $111167.62 | +0.40% | $- | - | |
| Sep 08, 2025 | $112071.43 | +1.22% | $296.52 | +2.30% | -1.08% |
| Sep 09, 2025 | $111530.55 | +0.73% | $297.81 | +2.74% | -2.01% |
| Sep 10, 2025 | $113955.36 | +2.92% | $300.83 | +3.78% | -0.86% |
| Sep 11, 2025 | $115507.54 | +4.32% | $303.93 | +4.85% | -0.53% |
| Sep 12, 2025 | $116101.58 | +4.86% | $304.32 | +4.99% | -0.13% |
| Sep 13, 2025 | $115950.51 | +4.72% | $- | - | |
| Sep 14, 2025 | $115407.66 | +4.23% | $- | - | |
| Sep 15, 2025 | $115444.88 | +4.26% | $307.17 | +5.97% | -1.71% |
| Sep 16, 2025 | $116843.19 | +5.53% | $307.21 | +5.99% | -0.46% |
| Sep 17, 2025 | $116468.51 | +5.19% | $305.25 | +5.31% | -0.12% |
| Sep 18, 2025 | $117137.20 | +5.79% | $316.97 | +9.35% | -3.56% |
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