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ADA-USD vs. DOT-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ADA-USD and DOT-USD is 0.34, 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. DOT-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

ADA-USD:

0.72

DOT-USD:

-0.27

Sortino Ratio

ADA-USD:

3.09

DOT-USD:

1.23

Omega Ratio

ADA-USD:

1.33

DOT-USD:

1.13

Calmar Ratio

ADA-USD:

1.87

DOT-USD:

0.14

Martin Ratio

ADA-USD:

9.05

DOT-USD:

0.93

Ulcer Index

ADA-USD:

28.86%

DOT-USD:

41.15%

Daily Std Dev

ADA-USD:

95.72%

DOT-USD:

71.37%

Max Drawdown

ADA-USD:

-97.85%

DOT-USD:

-93.74%

Current Drawdown

ADA-USD:

-72.88%

DOT-USD:

-90.55%

Returns By Period

In the year-to-date period, ADA-USD achieves a -4.60% return, which is significantly higher than DOT-USD's -23.25% return.


ADA-USD

YTD

-4.60%

1M

28.97%

6M

36.37%

1Y

83.42%

5Y*

74.03%

10Y*

N/A

DOT-USD

YTD

-23.25%

1M

43.08%

6M

-3.04%

1Y

-23.53%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

ADA-USD vs. DOT-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 8989
Overall Rank
The Sharpe Ratio Rank of ADA-USD is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of ADA-USD is 9090
Sortino Ratio Rank
The Omega Ratio Rank of ADA-USD is 8989
Omega Ratio Rank
The Calmar Ratio Rank of ADA-USD is 9191
Calmar Ratio Rank
The Martin Ratio Rank of ADA-USD is 8989
Martin Ratio Rank

DOT-USD
The Risk-Adjusted Performance Rank of DOT-USD is 5151
Overall Rank
The Sharpe Ratio Rank of DOT-USD is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of DOT-USD is 5252
Sortino Ratio Rank
The Omega Ratio Rank of DOT-USD is 5252
Omega Ratio Rank
The Calmar Ratio Rank of DOT-USD is 5757
Calmar Ratio Rank
The Martin Ratio Rank of DOT-USD is 5555
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. DOT-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and Polkadot (DOT-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 0.72, which is higher than the DOT-USD Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of ADA-USD and DOT-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.


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Drawdowns

ADA-USD vs. DOT-USD - Drawdown Comparison

The maximum ADA-USD drawdown since its inception was -97.85%, roughly equal to the maximum DOT-USD drawdown of -93.74%. Use the drawdown chart below to compare losses from any high point for ADA-USD and DOT-USD. For additional features, visit the drawdowns tool.


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Volatility

ADA-USD vs. DOT-USD - Volatility Comparison

Cardano (ADA-USD) and Polkadot (DOT-USD) have volatilities of 21.30% and 21.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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