PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ADA-USD vs. ETH-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ADA-USD and ETH-USD is 0.75, 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.


-0.50.00.51.00.8

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.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
150.07%
1.58%
ADA-USD
ETH-USD

Key characteristics

Sharpe Ratio

ADA-USD:

1.80

ETH-USD:

0.16

Sortino Ratio

ADA-USD:

2.52

ETH-USD:

0.74

Omega Ratio

ADA-USD:

1.25

ETH-USD:

1.07

Calmar Ratio

ADA-USD:

0.94

ETH-USD:

0.04

Martin Ratio

ADA-USD:

6.41

ETH-USD:

0.44

Ulcer Index

ADA-USD:

23.58%

ETH-USD:

23.56%

Daily Std Dev

ADA-USD:

68.96%

ETH-USD:

54.10%

Max Drawdown

ADA-USD:

-97.85%

ETH-USD:

-93.96%

Current Drawdown

ADA-USD:

-67.96%

ETH-USD:

-27.84%

Returns By Period

In the year-to-date period, ADA-USD achieves a 60.05% return, which is significantly higher than ETH-USD's 52.21% return.


ADA-USD

YTD

60.05%

1M

18.83%

6M

152.89%

1Y

49.39%

5Y*

94.16%

10Y*

N/A

ETH-USD

YTD

52.21%

1M

13.03%

6M

-1.24%

1Y

55.06%

5Y*

92.21%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


Sharpe ratio
The chart of Sharpe ratio for ADA-USD, currently valued at 1.80, compared to the broader market0.001.002.003.004.005.001.800.16
The chart of Sortino ratio for ADA-USD, currently valued at 2.52, compared to the broader market-1.000.001.002.003.004.005.002.520.74
The chart of Omega ratio for ADA-USD, currently valued at 1.25, compared to the broader market1.001.201.401.251.07
The chart of Calmar ratio for ADA-USD, currently valued at 0.94, compared to the broader market1.002.003.004.000.940.04
The chart of Martin ratio for ADA-USD, currently valued at 6.41, compared to the broader market0.0010.0020.0030.0040.006.410.44
ADA-USD
ETH-USD

The current ADA-USD Sharpe Ratio is 1.80, which is higher than the ETH-USD Sharpe Ratio of 0.16. 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.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.80
0.16
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%JulyAugustSeptemberOctoberNovemberDecember
-67.96%
-27.84%
ADA-USD
ETH-USD

Volatility

ADA-USD vs. ETH-USD - Volatility Comparison

Cardano (ADA-USD) has a higher volatility of 36.31% compared to Ethereum (ETH-USD) at 21.57%. 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%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
36.31%
21.57%
ADA-USD
ETH-USD
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab