Counterfoil vs BTC buy-and-hold vs the peer set — same window, same math.
One page for the head-to-head an allocator reconciles before allocating: the desk's composite in the same window as BTC buy-and-hold and a generic peer hedge-fund index, with Sharpe, MaxDD, annualised return, and annualised vol side by side. The same seed recipe that backs /pnl and /risk-metrics backs the comparator series — verifiable from the disclosed seed-key.
What lives here
- Cumulative return chart · Counterfoil composite vs BTC buy-and-hold vs peer index.
- Side-by-side metrics table · Sharpe, MaxDD, annualised return, volatility.
- Methodology footer · how each comparator is computed.
- Allocator brief CTA · routes to the desk inbox directly.
Composite vs BTC buy-and-hold vs peer index · Sharpe / MaxDD / annualised return / vol.
Comparative benchmark · live readout
Loading live readout…Methodology
How each comparator is computed.
Counterfoil composite
Equal-weighted average across the four sleeves (BTC long-short basis, ETH staking-spread, SOL momentum + carry, stable & basis basket). Reads the same ReturnSnapshot rows /pnl uses, equal-weighted per date to mirror the desk's All-sleeves view.
BTC buy-and-hold
Seeded comparator with mean ~+30 bps/day and std ~250 bps/day, draw via Box-Muller from a 32-bit seed keyed by `${bench}|${dateISO}|1`. Stand-in for a passive spot position an allocator would compare against.
Peer hedge-fund index
Seeded comparator with mean ~+6 bps/day and std ~45 bps/day (one-element-of-the-crypto-fund-peer-set ratio). The same seeded-RNG recipe the desk uses for PnL snapshots — deterministic, disclosed, and reproducible.
Speak with the desk
Request the allocator brief
The brief bundles the latest comparative benchmark alongside today's treasury snapshot, the most recent signed PnL manifest, the methodology note, and the desk's published risk and exposure breakdowns — sent before any pitch conversation.