Taurex Reports Bitcoin’s Real Return at 633%, but Key Details Are Missing
Taurex’s comparison puts Bitcoin well ahead of gold and stocks in inflation-adjusted returns, while reporting that Bitcoin fell 25% over the previous year. But Taurex does not clearly state the measurement period or provide enough detail to reproduce its calculations.
- Bitcoin leads the 10 listed assets with a reported 633.2% cumulative real return.
- Silver, the S&P 500 and gold follow, with reported real returns ranging from 55.5% to 60.7%.
- Cash, aggregate bonds and palladium lost purchasing power.
- The exact dates and several calculation details are missing.
What Taurex measured, and what remains unclear
Taurex, an online trading platform, describes the comparison as an October 2026 assessment of 10 assets. It says it adjusted returns for approximately 25% cumulative U.S. inflation and included dividends and interest where applicable. Bitcoin was the only cryptocurrency in the comparison.
The measurement period is unclear. Taurex describes Bitcoin’s performance as dating “since 2020, ” but also refers to four- and five-year tracking periods. It gives no exact start or end dates and does not explain how those periods fit together. That makes it difficult to independently check the reported 633.2% cumulative return and 49% real compound annual growth rate (CAGR).
A real return adjusts for inflation to estimate how an investment’s purchasing power changed. A cumulative return covers the full measurement period, while CAGR expresses compounded growth as an annual rate. Neither figure shows how smooth, or volatile, the investment’s path was.
Taurex says it included dividends and interest where applicable, but does not say whether it assumed distributions were reinvested, whether housing returns include rental income, or how it treated fees and taxes. It also does not name the inflation index or the price data used for each asset. Those details matter when comparing investments that generate income in different ways.
Reported inflation-adjusted rankings
Taurex reported these cumulative real returns and annualized real rates:
- Bitcoin: 633.2% cumulative real return; 49% real CAGR.
- Silver: 60.7%; 9.9% annualized real rate.
- S&P 500: 57.3% real total return, including dividends; 9.5% annualized real rate.
- Gold: 55.5%; 9.2% annualized real rate.
- U.S. house prices: 18.6%; 3.5% annualized real rate.
- U.S. farmland: 10.4%; 2% annualized real rate.
- U.S. REITs: 1.6%; 0.3% annualized real rate.
- U.S. savings-account cash: negative 18.2%; negative 3.9% annualized real rate.
- U.S. aggregate bonds: negative 22.2%; negative 4.9% annualized real rate.
- Palladium: negative 62.7%; negative 17.9% annualized real rate.
Taurex says seven of the 10 assets gained purchasing power. Bitcoin’s reported cumulative return was more than 10 times silver’s, the next-highest result. Taurex puts the S&P 500’s nominal cumulative gain at approximately 96%. That rounded figure, alongside the approximately 25% inflation adjustment, is not enough to reproduce the reported 57.3% real return. The exact inputs and calculation are missing.
Taurex also said that a $10, 000 investment in gold at the starting point would have purchasing power equivalent to about $15, 500 in 2020 dollars. As with the broader ranking, the example depends on a period whose exact dates are not stated.
A long-term lead does not erase Bitcoin’s volatility
Taurex separately reports that Bitcoin fell 25% over the “previous year, ” but does not clarify whether that means a calendar year or a trailing 12 months, or give the dates. Bitcoin can lose value over one year and still post a much larger cumulative gain over a longer period. The figures cover different windows, but without the dates, both are harder to assess.
The ranking supports a narrow conclusion: using Taurex’s selected inputs and period, Bitcoin’s reported gain in purchasing power far exceeded the gains of the other listed assets. It does not show that Bitcoin is a low-risk replacement for cash, bonds, property or a diversified stock portfolio. Those investments serve different purposes, and a cumulative return can hide sharp losses along the way.
The comparison also says nothing about the wider cryptocurrency market. Bitcoin is the only digital asset included, so there is no comparison with Ethereum or other cryptocurrencies.
Results for traditional assets vary. Silver edged out the S&P 500 and gold. Housing and farmland posted smaller positive real returns, while U.S. REITs barely stayed above zero. Cash and aggregate bonds lost purchasing power over the period Taurex measured. An account balance can rise in dollar terms and still buy less after inflation.
These figures describe the past, not the future. Without clear dates and a fuller methodology, treat the ranking as a reported comparison, not a fully reproducible apples-to-apples verdict.
Key questions and answers
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What period does the comparison cover?
Taurex describes Bitcoin’s performance as “since 2020” but also refers to four- and five-year periods. It gives no exact start or end dates and does not explain the difference.
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Which asset ranked first?
Bitcoin, with a reported 633.2% cumulative real return and 49% real CAGR. The unclear measurement period makes those figures harder to assess.
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Which assets lost purchasing power?
U.S. savings-account cash, U.S. aggregate bonds and palladium had negative real returns in Taurex’s comparison.
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Does the ranking prove Bitcoin will outperform?
No. It reports past performance for a selected group of assets. Taurex’s reported 25% Bitcoin decline over the previous year also shows how much volatility a cumulative figure can hide.