PortfoliosLab logo
ADA-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ADA-USD and BTC-USD is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

ADA-USD vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cardano (ADA-USD) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

ADA-USD:

0.50

BTC-USD:

1.17

Sortino Ratio

ADA-USD:

2.92

BTC-USD:

3.59

Omega Ratio

ADA-USD:

1.31

BTC-USD:

1.38

Calmar Ratio

ADA-USD:

1.54

BTC-USD:

3.25

Martin Ratio

ADA-USD:

7.56

BTC-USD:

14.43

Ulcer Index

ADA-USD:

29.49%

BTC-USD:

11.18%

Daily Std Dev

ADA-USD:

95.70%

BTC-USD:

41.70%

Max Drawdown

ADA-USD:

-97.85%

BTC-USD:

-93.18%

Current Drawdown

ADA-USD:

-74.37%

BTC-USD:

0.00%

Returns By Period

In the year-to-date period, ADA-USD achieves a -9.85% return, which is significantly lower than BTC-USD's 13.93% return.


ADA-USD

YTD

-9.85%

1M

21.13%

6M

3.55%

1Y

62.67%

3Y*

12.56%

5Y*

68.23%

10Y*

N/A

BTC-USD

YTD

13.93%

1M

25.14%

6M

17.56%

1Y

60.60%

3Y*

51.99%

5Y*

61.37%

10Y*

84.31%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Cardano

Bitcoin

Risk-Adjusted Performance

ADA-USD vs. BTC-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADA-USD
The Risk-Adjusted Performance Rank of ADA-USD is 8686
Overall Rank
The Sharpe Ratio Rank of ADA-USD is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of ADA-USD is 8585
Sortino Ratio Rank
The Omega Ratio Rank of ADA-USD is 8585
Omega Ratio Rank
The Calmar Ratio Rank of ADA-USD is 8787
Calmar Ratio Rank
The Martin Ratio Rank of ADA-USD is 8888
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9292
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 9393
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 9090
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9595
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current ADA-USD Sharpe Ratio is 0.50, which is lower than the BTC-USD Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of ADA-USD and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

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 -93.18%. 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.


Loading data...

Volatility

ADA-USD vs. BTC-USD - Volatility Comparison

Cardano (ADA-USD) has a higher volatility of 21.40% compared to Bitcoin (BTC-USD) at 10.50%. 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.


Loading data...