ADA-USD vs. ATOM-USD
ADA-USD (Cardano) and ATOM-USD (Cosmos) are both cryptocurrencies. Over the past 5 years, ADA-USD returned -37.38%/yr vs -35.63%/yr for ATOM-USD. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
ADA-USD vs. ATOM-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ADA-USD achieves a -51.46% return, which is significantly lower than ATOM-USD's -13.19% return.
ADA-USD
- 1D
- -10.02%
- 1M
- -39.43%
- YTD
- -51.46%
- 6M
- -61.14%
- 1Y
- -74.19%
- 3Y*
- -22.94%
- 5Y*
- -37.38%
- 10Y*
- —
ATOM-USD
- 1D
- -7.52%
- 1M
- -12.09%
- YTD
- -13.19%
- 6M
- -23.97%
- 1Y
- -59.05%
- 3Y*
- -45.18%
- 5Y*
- -35.63%
- 10Y*
- —
ADA-USD vs. ATOM-USD - Yearly Performance Comparison
Correlation
The correlation between ADA-USD and ATOM-USD is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2019 | 0.66 |
The correlation between ADA-USD and ATOM-USD shifts across timeframes, from 0.66 (all time) to 0.77 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ADA-USD vs. ATOM-USD — Risk / Return Rank
ADA-USD
ATOM-USD
ADA-USD vs. ATOM-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and Cosmos (ATOM-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ADA-USD | ATOM-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.87 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.86 | -0.03 |
| Martin ratioReturn relative to average drawdown | -1.41 | -1.24 | -0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ADA-USD | ATOM-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.97 | -0.87 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.41 | -0.38 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | -0.16 | +0.33 |
Drawdowns
ADA-USD vs. ATOM-USD - Drawdown Comparison
The maximum ADA-USD drawdown since its inception was -97.85%, roughly equal to the maximum ATOM-USD drawdown of -96.29%. Use the drawdown chart below to compare losses from any high point for ADA-USD and ATOM-USD.
Loading charts...
Drawdown Indicators
| ADA-USD | ATOM-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.85% | -96.29% | -1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -83.19% | -68.29% | -14.90% |
Max Drawdown (3Y)Largest decline over 3 years | -86.85% | -88.44% | +1.59% |
Max Drawdown (5Y)Largest decline over 5 years | -94.55% | -96.29% | +1.74% |
Current DrawdownCurrent decline from peak | -94.55% | -96.23% | +1.68% |
Average DrawdownAverage peak-to-trough decline | -77.53% | -64.99% | -12.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 59.40% | 48.48% | +10.92% |
Volatility
ADA-USD vs. ATOM-USD - Volatility Comparison
Cardano (ADA-USD) has a higher volatility of 19.22% compared to Cosmos (ATOM-USD) at 18.10%. This indicates that ADA-USD's price experiences larger fluctuations and is considered to be riskier than ATOM-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ADA-USD | ATOM-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 18.10% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 52.51% | 42.48% | +10.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.88% | 56.43% | +7.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.91% | 78.12% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.99% | 90.73% | +12.26% |
Frequently Asked Questions
ADA-USD and ATOM-USD have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADA-USD has higher volatility (19.22%) compared to ATOM-USD (18.10%). In terms of maximum drawdown, ADA-USD dropped -97.85% vs ATOM-USD's -96.29%.
ATOM-USD currently has the higher Sharpe Ratio (-0.87 vs -0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ADA-USD and ATOM-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer