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

Correlation

The correlation between ADA-USD and ETH-USD is 0.26, 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. ETH-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

ADA-USD:

0.78

ETH-USD:

-0.12

Sortino Ratio

ADA-USD:

3.27

ETH-USD:

0.88

Omega Ratio

ADA-USD:

1.35

ETH-USD:

1.09

Calmar Ratio

ADA-USD:

2.23

ETH-USD:

0.06

Martin Ratio

ADA-USD:

10.39

ETH-USD:

0.50

Ulcer Index

ADA-USD:

29.01%

ETH-USD:

31.84%

Daily Std Dev

ADA-USD:

95.71%

ETH-USD:

62.61%

Max Drawdown

ADA-USD:

-97.85%

ETH-USD:

-93.96%

Current Drawdown

ADA-USD:

-71.98%

ETH-USD:

-44.30%

Returns By Period

In the year-to-date period, ADA-USD achieves a -1.45% return, which is significantly higher than ETH-USD's -19.58% return.


ADA-USD

YTD

-1.45%

1M

30.98%

6M

43.68%

1Y

94.26%

5Y*

75.19%

10Y*

N/A

ETH-USD

YTD

-19.58%

1M

65.16%

6M

-16.05%

1Y

-6.98%

5Y*

68.84%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

ADA-USD vs. ETH-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 9090
Overall Rank
The Sharpe Ratio Rank of ADA-USD is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of ADA-USD is 9292
Sortino Ratio Rank
The Omega Ratio Rank of ADA-USD is 9292
Omega Ratio Rank
The Calmar Ratio Rank of ADA-USD is 9393
Calmar Ratio Rank
The Martin Ratio Rank of ADA-USD is 9090
Martin Ratio Rank

ETH-USD
The Risk-Adjusted Performance Rank of ETH-USD is 4343
Overall Rank
The Sharpe Ratio Rank of ETH-USD is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of ETH-USD is 3535
Sortino Ratio Rank
The Omega Ratio Rank of ETH-USD is 3636
Omega Ratio Rank
The Calmar Ratio Rank of ETH-USD is 4444
Calmar Ratio Rank
The Martin Ratio Rank of ETH-USD is 4444
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. ETH-USD - Risk-Adjusted Performance 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.


The current ADA-USD Sharpe Ratio is 0.78, which is higher than the ETH-USD Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of ADA-USD and ETH-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. ETH-USD - Drawdown Comparison

The maximum ADA-USD drawdown since its inception was -97.85%, roughly equal to the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for ADA-USD and ETH-USD. For additional features, visit the drawdowns tool.


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Volatility

ADA-USD vs. ETH-USD - Volatility Comparison

The current volatility for Cardano (ADA-USD) is 20.41%, while Ethereum (ETH-USD) has a volatility of 25.69%. This indicates that ADA-USD experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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