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HEX (HEX-USD)
Performance
Return for Risk
Drawdowns
Volatility

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HEX

Often compared with HEX-USD:
HEX-USD vs. BTC-USD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in HEX, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

HEX (HEX-USD) has returned -15.57% so far this year and -57.03% over the past 12 months.


HEX

1D
-0.39%
1M
9.90%
YTD
-15.57%
6M
-75.72%
1Y
-57.03%
3Y*
-79.58%
5Y*
-47.99%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 17, 2019, HEX-USD's average daily return is +0.81%, while the average monthly return is +27.42%. At this rate, your investment would double in approximately 0.2 years.

Historically, 47% of months were positive and 53% were negative. The best month was Apr 2020 with a return of +840.7%, while the worst month was Mar 2024 at -81.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HEX-USD closed higher 46% of trading days. The best single day was Dec 23, 2019 with a return of +673.3%, while the worst single day was Dec 22, 2019 at -93.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-9.95%-14.41%9.54%-15.57%
2025-10.80%27.93%-56.94%31.47%1.61%-26.54%50.82%-25.90%61.37%-34.15%-37.07%-30.59%-74.99%
202461.47%18.73%-81.58%-5.68%-11.11%7.59%-27.75%-7.68%163.08%-34.06%158.94%-38.75%-41.55%
202343.98%149.52%31.12%-42.14%-76.16%-27.42%-28.15%-40.72%-7.21%151.07%-31.37%-9.96%-71.08%
2022-37.23%-19.32%7.44%9.38%-52.07%-55.24%36.65%-19.34%-15.23%25.74%-32.23%-35.16%-93.41%
2021-49.15%14.00%115.33%-1.31%196.05%60.58%46.47%105.84%56.46%-41.32%-26.25%66.17%1,886.82%

Benchmark Metrics

HEX has an annualized alpha of 1325.70%, beta of 0.94, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 18, 2019.

  • This cryptocurrency captured 306.60% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -216.15%) — a profile typical of hedging or uncorrelated assets.
  • R² of 0.00 means this cryptocurrency moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
1,325.70%
Beta
0.94
0.00
Upside Capture
306.60%
Downside Capture
-216.15%

Return for Risk

Risk / Return Rank

HEX-USD ranks 69 for risk / return — better than 69% of cryptocurrencies on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


HEX-USD Risk / Return Rank: 6969
Overall Rank
HEX-USD Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
HEX-USD Sortino Ratio Rank: 7171
Sortino Ratio Rank
HEX-USD Omega Ratio Rank: 7171
Omega Ratio Rank
HEX-USD Calmar Ratio Rank: 6868
Calmar Ratio Rank
HEX-USD Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for HEX (HEX-USD) and compare them to a chosen benchmark (S&P 500 Index).


HEX-USDBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.44

0.90

-1.33

Sortino ratio

Return per unit of downside risk

-0.02

1.39

-1.41

Omega ratio

Gain probability vs. loss probability

1.00

1.21

-0.21

Calmar ratio

Return relative to maximum drawdown

-0.96

1.40

-2.36

Martin ratio

Return relative to average drawdown

-1.41

6.61

-8.02

Explore HEX-USD risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the HEX. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the HEX was 99.90%, occurring on Mar 27, 2026. The portfolio has not yet recovered.

The current HEX drawdown is 99.86%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.9%Sep 19, 20211651Mar 27, 2026
-94.34%Dec 19, 20194Dec 22, 201947Feb 7, 202051
-77.21%Nov 2, 202024Nov 25, 202036Dec 31, 202060
-64.78%May 14, 2020115Sep 5, 202048Oct 23, 2020163
-53.7%Feb 8, 202027Mar 5, 202015Mar 20, 202042

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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