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

Performance

ADA-USD vs. SOL-USD - Performance Comparison

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

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
78.56%
53.20%
ADA-USD
SOL-USD

Returns By Period

In the year-to-date period, ADA-USD achieves a 38.08% return, which is significantly lower than SOL-USD's 153.25% return.


ADA-USD

YTD

38.08%

1M

125.52%

6M

76.32%

1Y

115.54%

5Y (annualized)

84.53%

10Y (annualized)

N/A

SOL-USD

YTD

153.25%

1M

53.69%

6M

46.07%

1Y

346.38%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


ADA-USDSOL-USD
Sharpe Ratio0.180.86
Sortino Ratio0.851.64
Omega Ratio1.081.16
Calmar Ratio0.040.62
Martin Ratio0.322.97
Ulcer Index42.61%24.32%
Daily Std Dev67.09%71.64%
Max Drawdown-97.85%-96.27%
Current Drawdown-72.36%-0.72%

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Correlation

-0.50.00.51.00.6

The correlation between ADA-USD and SOL-USD is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

ADA-USD vs. SOL-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and Solana (SOL-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 0.18, compared to the broader market-0.500.000.501.001.502.000.180.86
The chart of Sortino ratio for ADA-USD, currently valued at 0.85, compared to the broader market-1.000.001.002.000.851.64
The chart of Omega ratio for ADA-USD, currently valued at 1.08, compared to the broader market0.901.001.101.201.301.081.16
The chart of Calmar ratio for ADA-USD, currently valued at 0.04, compared to the broader market0.200.400.600.801.001.200.040.62
The chart of Martin ratio for ADA-USD, currently valued at 0.32, compared to the broader market0.002.004.006.008.0010.0012.000.322.97
ADA-USD
SOL-USD

The current ADA-USD Sharpe Ratio is 0.18, which is lower than the SOL-USD Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of ADA-USD and SOL-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 Ratio0.005.0010.0015.0020.00JuneJulyAugustSeptemberOctoberNovember
0.18
0.86
ADA-USD
SOL-USD

Drawdowns

ADA-USD vs. SOL-USD - Drawdown Comparison

The maximum ADA-USD drawdown since its inception was -97.85%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for ADA-USD and SOL-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-72.36%
-0.72%
ADA-USD
SOL-USD

Volatility

ADA-USD vs. SOL-USD - Volatility Comparison

Cardano (ADA-USD) has a higher volatility of 34.10% compared to Solana (SOL-USD) at 23.60%. This indicates that ADA-USD's price experiences larger fluctuations and is considered to be riskier than SOL-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%35.00%JuneJulyAugustSeptemberOctoberNovember
34.10%
23.60%
ADA-USD
SOL-USD