ADA-USD vs. DOT-USD
ADA-USD (Cardano) and DOT-USD (Polkadot) are both cryptocurrencies. Over the past 3 years, ADA-USD returned -22.94%/yr vs -42.43%/yr for DOT-USD. At a 0.24 correlation, their price movements are largely independent.
Performance
ADA-USD vs. DOT-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ADA-USD achieves a -51.46% return, which is significantly lower than DOT-USD's -46.41% return.
ADA-USD
- 1D
- -10.02%
- 1M
- -39.43%
- YTD
- -51.46%
- 6M
- -61.14%
- 1Y
- -74.19%
- 3Y*
- -22.94%
- 5Y*
- -37.38%
- 10Y*
- —
DOT-USD
- 1D
- -7.65%
- 1M
- -27.34%
- YTD
- -46.41%
- 6M
- -54.95%
- 1Y
- -74.90%
- 3Y*
- -42.43%
- 5Y*
- —
- 10Y*
- —
ADA-USD vs. DOT-USD - Yearly Performance Comparison
Correlation
The correlation between ADA-USD and DOT-USD is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2021 | 0.24 |
Over the past year, ADA-USD and DOT-USD have become more correlated (0.86) than their long-term average of 0.24, meaning their price movements have been converging.
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. 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.
| ADA-USD | DOT-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.83 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.95 | +0.06 |
| Martin ratioReturn relative to average drawdown | -1.41 | -1.49 | +0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ADA-USD | DOT-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.97 | -0.87 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | -0.54 | +0.71 |
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 -98.22%. Use the drawdown chart below to compare losses from any high point for ADA-USD and DOT-USD.
Loading charts...
Drawdown Indicators
| ADA-USD | DOT-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.85% | -98.22% | +0.37% |
Max Drawdown (1Y)Largest decline over 1 year | -83.19% | -78.97% | -4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -86.85% | -91.72% | +4.87% |
Max Drawdown (5Y)Largest decline over 5 years | -94.55% | — | — |
Current DrawdownCurrent decline from peak | -94.55% | -98.22% | +3.67% |
Average DrawdownAverage peak-to-trough decline | -77.53% | -80.94% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 59.40% | 58.60% | +0.80% |
Volatility
ADA-USD vs. DOT-USD - Volatility Comparison
Cardano (ADA-USD) has a higher volatility of 19.22% compared to Polkadot (DOT-USD) at 16.71%. 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.
Loading charts...
Volatility by Period
| ADA-USD | DOT-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 16.71% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 52.51% | 58.60% | -6.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.88% | 71.61% | -7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.91% | 72.88% | +2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.99% | 72.88% | +30.11% |
Frequently Asked Questions
ADA-USD and DOT-USD have a correlation of 0.86, 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 (19.22%) compared to DOT-USD (16.71%). In terms of maximum drawdown, ADA-USD dropped -97.85% vs DOT-USD's -98.22%.
DOT-USD currently has the higher Sharpe Ratio (-0.87 vs -0.97), 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 DOT-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