ADA-USD vs. ATOM-USD
ADA-USD (Cardano) and ATOM-USD (Cosmos) are both cryptocurrencies. Over the past 5 years, ADA-USD returned -32.35%/yr vs -32.75%/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 -49.71% return, which is significantly lower than ATOM-USD's -21.60% return.
ADA-USD
- 1D
- 4.17%
- 1M
- 0.42%
- 6M
- -57.71%
- YTD
- -49.71%
- 1Y
- -79.64%
- 3Y*
- -18.51%
- 5Y*
- -32.35%
- 10Y*
- —
ATOM-USD
- 1D
- -0.07%
- 1M
- -20.48%
- 6M
- -39.43%
- YTD
- -21.60%
- 1Y
- -68.95%
- 3Y*
- -45.42%
- 5Y*
- -32.75%
- 10Y*
- —
ADA-USD vs. ATOM-USD - Yearly Performance Comparison
Correlation
The correlation between ADA-USD and ATOM-USD is 0.75, 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 | 0.75 |
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 14, 2019 | 0.66 |
The correlation between ADA-USD and ATOM-USD has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADA-USD | ATOM-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.82 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.97 | +0.04 |
| Martin ratioReturn relative to average drawdown | -1.34 | -1.31 | -0.03 |
Loading charts...
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 -96.59%. 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% | -96.59% | -1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -85.07% | -70.89% | -14.18% |
Max Drawdown (3Y)Largest decline over 3 years | -88.33% | -89.39% | +1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -95.16% | -96.59% | +1.43% |
Current DrawdownCurrent decline from peak | -94.36% | -96.59% | +2.23% |
Average DrawdownAverage peak-to-trough decline | -77.73% | -65.45% | -12.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.18% | 36.53% | +16.65% |
Volatility
ADA-USD vs. ATOM-USD - Volatility Comparison
Cardano (ADA-USD) has a higher volatility of 20.96% compared to Cosmos (ATOM-USD) at 10.47%. 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 | 20.96% | 10.47% | +10.49% |
Volatility (6M)Calculated over the trailing 6-month period | 52.20% | 41.81% | +10.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.48% | 56.34% | +8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.65% | 76.72% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.83% | 90.24% | +12.59% |
Frequently Asked Questions
ADA-USD and ATOM-USD have a correlation of 0.75, 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 (20.96%) compared to ATOM-USD (10.47%). In terms of maximum drawdown, ADA-USD dropped -97.85% vs ATOM-USD's -96.59%.
ATOM-USD currently has the higher Sharpe Ratio (-1.02 vs -1.03), 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