ADA-USD vs. DOT-USD
ADA-USD (Cardano) and DOT-USD (Polkadot) are both cryptocurrencies. Over the past 5 years, ADA-USD returned -32.75%/yr vs -41.55%/yr for DOT-USD. At a 0.25 correlation, their price movements are largely independent.
Performance
ADA-USD vs. DOT-USD - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ADA-USD having a -51.52% return and DOT-USD slightly lower at -51.59%.
ADA-USD
- 1D
- -2.18%
- 1M
- -6.27%
- 6M
- -58.95%
- YTD
- -51.52%
- 1Y
- -78.89%
- 3Y*
- -19.73%
- 5Y*
- -32.75%
- 10Y*
- —
DOT-USD
- 1D
- 2.25%
- 1M
- -14.53%
- 6M
- -59.12%
- YTD
- -51.59%
- 1Y
- -79.22%
- 3Y*
- -44.93%
- 5Y*
- -41.55%
- 10Y*
- —
ADA-USD vs. DOT-USD - Yearly Performance Comparison
Correlation
The correlation between ADA-USD and DOT-USD is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2021 | 0.25 |
Over the past year, ADA-USD and DOT-USD have become more correlated (0.84) than their long-term average of 0.25, meaning their price movements have been converging.
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Return for Risk
ADA-USD vs. DOT-USD — Risk / Return Rank
ADA-USD
DOT-USD
ADA-USD vs. DOT-USD - Risk-Adjusted Trends 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.
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 | DOT-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 0.80 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | -0.96 | +0.04 |
| Martin ratioReturn relative to average drawdown | -1.33 | -1.39 | +0.06 |
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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 -98.50%. Use the drawdown chart below to compare losses from any high point for ADA-USD and DOT-USD.
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Drawdown Indicators
| ADA-USD | DOT-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.85% | -98.50% | +0.65% |
Max Drawdown (1Y)Largest decline over 1 year | -85.07% | -82.23% | -2.84% |
Max Drawdown (3Y)Largest decline over 3 years | -88.33% | -93.00% | +4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -95.16% | -98.50% | +3.34% |
Current DrawdownCurrent decline from peak | -94.56% | -98.40% | +3.84% |
Average DrawdownAverage peak-to-trough decline | -77.73% | -81.38% | +3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.99% | 55.08% | -2.09% |
Volatility
ADA-USD vs. DOT-USD - Volatility Comparison
Cardano (ADA-USD) has a higher volatility of 20.73% compared to Polkadot (DOT-USD) at 13.52%. This indicates that ADA-USD's price experiences larger fluctuations and is considered to be riskier than DOT-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADA-USD | DOT-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.73% | 13.52% | +7.21% |
Volatility (6M)Calculated over the trailing 6-month period | 52.00% | 54.45% | -2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.40% | 70.36% | -5.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.63% | 71.70% | +2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.84% | 72.31% | +30.53% |
Frequently Asked Questions
ADA-USD and DOT-USD have a correlation of 0.84, 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 (20.73%) compared to DOT-USD (13.52%). In terms of maximum drawdown, ADA-USD dropped -97.85% vs DOT-USD's -98.50%.
DOT-USD currently has the higher Sharpe Ratio (-0.94 vs -1.02), 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.
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