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

Key characteristics


ADA-USDETH-USD
YTD Return-22.87%30.98%
1Y Return16.33%56.89%
3Y Return (Ann)-30.45%-4.50%
5Y Return (Ann)46.95%78.69%
Sharpe Ratio1.612.44
Daily Std Dev60.24%42.08%
Max Drawdown-97.85%-93.96%
Current Drawdown-84.56%-37.90%

Correlation

-0.50.00.51.00.8

The correlation between ADA-USD and ETH-USD is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

ADA-USD vs. ETH-USD - Performance Comparison

In the year-to-date period, ADA-USD achieves a -22.87% return, which is significantly lower than ETH-USD's 30.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


500.00%1,000.00%1,500.00%2,000.00%December2024FebruaryMarchAprilMay
1,329.76%
831.23%
ADA-USD
ETH-USD

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Cardano

Ethereum

Risk-Adjusted Performance

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.


ADA-USD
Sharpe ratio
The chart of Sharpe ratio for ADA-USD, currently valued at 1.61, compared to the broader market0.002.004.006.008.0010.001.61
Sortino ratio
The chart of Sortino ratio for ADA-USD, currently valued at 2.22, compared to the broader market0.001.002.003.004.005.002.22
Omega ratio
The chart of Omega ratio for ADA-USD, currently valued at 1.23, compared to the broader market1.001.101.201.301.401.501.23
Calmar ratio
The chart of Calmar ratio for ADA-USD, currently valued at 0.68, compared to the broader market2.004.006.008.0010.000.68
Martin ratio
The chart of Martin ratio for ADA-USD, currently valued at 7.15, compared to the broader market0.0020.0040.0060.007.15
ETH-USD
Sharpe ratio
The chart of Sharpe ratio for ETH-USD, currently valued at 2.44, compared to the broader market0.002.004.006.008.0010.002.44
Sortino ratio
The chart of Sortino ratio for ETH-USD, currently valued at 2.86, compared to the broader market0.001.002.003.004.005.002.86
Omega ratio
The chart of Omega ratio for ETH-USD, currently valued at 1.32, compared to the broader market1.001.101.201.301.401.501.32
Calmar ratio
The chart of Calmar ratio for ETH-USD, currently valued at 1.06, compared to the broader market2.004.006.008.0010.001.06
Martin ratio
The chart of Martin ratio for ETH-USD, currently valued at 13.65, compared to the broader market0.0020.0040.0060.0013.65

ADA-USD vs. ETH-USD - Sharpe Ratio Comparison

The current ADA-USD Sharpe Ratio is 1.61, which is lower than the ETH-USD Sharpe Ratio of 2.44. The chart below compares the 12-month rolling Sharpe Ratio of ADA-USD and ETH-USD.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00December2024FebruaryMarchAprilMay
1.61
2.44
ADA-USD
ETH-USD

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.


-80.00%-60.00%-40.00%-20.00%December2024FebruaryMarchAprilMay
-84.56%
-37.90%
ADA-USD
ETH-USD

Volatility

ADA-USD vs. ETH-USD - Volatility Comparison

Cardano (ADA-USD) has a higher volatility of 24.49% compared to Ethereum (ETH-USD) at 18.52%. 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.


10.00%15.00%20.00%25.00%30.00%December2024FebruaryMarchAprilMay
24.49%
18.52%
ADA-USD
ETH-USD