ADA-USD vs. BTC-USD
Compare and contrast key facts about Cardano (ADA-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADA-USD or BTC-USD.
Correlation
The correlation between ADA-USD and BTC-USD is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ADA-USD vs. BTC-USD - Performance Comparison
Key characteristics
ADA-USD:
1.87
BTC-USD:
1.64
ADA-USD:
2.57
BTC-USD:
2.35
ADA-USD:
1.26
BTC-USD:
1.23
ADA-USD:
1.03
BTC-USD:
1.40
ADA-USD:
8.22
BTC-USD:
7.47
ADA-USD:
19.79%
BTC-USD:
10.70%
ADA-USD:
69.47%
BTC-USD:
43.74%
ADA-USD:
-97.85%
BTC-USD:
-93.07%
ADA-USD:
-68.29%
BTC-USD:
-2.30%
Returns By Period
The year-to-date returns for both stocks are quite close, with ADA-USD having a 11.54% return and BTC-USD slightly lower at 11.00%.
ADA-USD
11.54%
9.43%
142.08%
83.04%
77.25%
N/A
BTC-USD
11.00%
11.94%
60.48%
141.44%
61.80%
84.49%
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Risk-Adjusted Performance
ADA-USD vs. BTC-USD — Risk-Adjusted Performance Rank
ADA-USD
BTC-USD
ADA-USD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and Bitcoin (BTC-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.
Drawdowns
ADA-USD vs. BTC-USD - Drawdown Comparison
The maximum ADA-USD drawdown since its inception was -97.85%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for ADA-USD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
ADA-USD vs. BTC-USD - Volatility Comparison
Cardano (ADA-USD) has a higher volatility of 27.38% compared to Bitcoin (BTC-USD) at 12.45%. This indicates that ADA-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.