ADA-USD vs. ETH-USD
ADA-USD (Cardano) and ETH-USD (Ethereum) are both cryptocurrencies. Over the past 5 years, ADA-USD returned -32.75%/yr vs -0.38%/yr for ETH-USD. A 0.76 correlation means they provide meaningful diversification when combined.
Performance
ADA-USD vs. ETH-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ADA-USD achieves a -51.52% return, which is significantly lower than ETH-USD's -37.17% return.
ADA-USD
- 1D
- -2.18%
- 1M
- -6.27%
- 6M
- -58.95%
- YTD
- -51.52%
- 1Y
- -78.89%
- 3Y*
- -19.73%
- 5Y*
- -32.75%
- 10Y*
- —
ETH-USD
- 1D
- -2.76%
- 1M
- 4.06%
- 6M
- -43.82%
- YTD
- -37.17%
- 1Y
- -44.74%
- 3Y*
- -0.83%
- 5Y*
- -0.38%
- 10Y*
- 67.00%
ADA-USD vs. ETH-USD - Yearly Performance Comparison
Correlation
The correlation between ADA-USD and ETH-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 | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.76 |
The correlation between ADA-USD and ETH-USD has been stable across timeframes, ranging from 0.76 to 0.84 - a consistent structural relationship.
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. ETH-USD — Risk / Return Rank
ADA-USD
ETH-USD
ADA-USD vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and Ethereum (ETH-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 | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 0.92 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | -0.66 | -0.27 |
| Martin ratioReturn relative to average drawdown | -1.33 | -1.02 | -0.31 |
Loading charts...
Drawdowns
ADA-USD vs. ETH-USD - Drawdown Comparison
The maximum ADA-USD drawdown since its inception was -97.85%, roughly equal to the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for ADA-USD and ETH-USD.
Loading charts...
Drawdown Indicators
| ADA-USD | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.85% | -94.01% | -3.84% |
Max Drawdown (1Y)Largest decline over 1 year | -85.07% | -67.60% | -17.47% |
Max Drawdown (3Y)Largest decline over 3 years | -88.33% | -67.60% | -20.73% |
Max Drawdown (5Y)Largest decline over 5 years | -95.16% | -79.35% | -15.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -94.01% | — |
Current DrawdownCurrent decline from peak | -94.56% | -61.42% | -33.14% |
Average DrawdownAverage peak-to-trough decline | -77.73% | -51.00% | -26.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.99% | 36.81% | +16.18% |
Volatility
ADA-USD vs. ETH-USD - Volatility Comparison
Cardano (ADA-USD) has a higher volatility of 20.73% compared to Ethereum (ETH-USD) at 13.74%. This indicates that ADA-USD's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ADA-USD | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.73% | 13.74% | +6.99% |
Volatility (6M)Calculated over the trailing 6-month period | 52.00% | 46.65% | +5.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.40% | 55.38% | +9.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.63% | 58.72% | +15.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.84% | 76.80% | +26.04% |
Frequently Asked Questions
ADA-USD and ETH-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 ETH-USD (13.74%). In terms of maximum drawdown, ADA-USD dropped -97.85% vs ETH-USD's -94.01%.
ETH-USD currently has the higher Sharpe Ratio (-0.68 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.
Find the right allocation for ADA-USD and ETH-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