ALGO-USD vs. VET-USD
ALGO-USD (Algorand) and VET-USD (VeChain) are both cryptocurrencies. Over the past 5 years, ALGO-USD returned -36.37%/yr vs -43.03%/yr for VET-USD. A 0.72 correlation means they provide meaningful diversification when combined.
Performance
ALGO-USD vs. VET-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALGO-USD achieves a -23.48% return, which is significantly higher than VET-USD's -57.44% return.
ALGO-USD
- 1D
- -5.91%
- 1M
- -22.21%
- YTD
- -23.48%
- 6M
- -26.48%
- 1Y
- -51.96%
- 3Y*
- -13.28%
- 5Y*
- -36.37%
- 10Y*
- —
VET-USD
- 1D
- -3.49%
- 1M
- -29.68%
- YTD
- -57.44%
- 6M
- -57.36%
- 1Y
- -78.94%
- 3Y*
- -37.70%
- 5Y*
- -43.03%
- 10Y*
- —
ALGO-USD vs. VET-USD - Yearly Performance Comparison
Correlation
The correlation between ALGO-USD and VET-USD is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2019 | 0.72 |
The correlation between ALGO-USD and VET-USD has been stable across timeframes, ranging from 0.72 to 0.81 - 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
ALGO-USD vs. VET-USD — Risk / Return Rank
ALGO-USD
VET-USD
ALGO-USD vs. VET-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Algorand (ALGO-USD) and VeChain (VET-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.
| ALGO-USD | VET-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.79 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | -0.94 | +0.24 |
| Martin ratioReturn relative to average drawdown | -0.96 | -1.39 | +0.43 |
Loading charts...
Drawdowns
ALGO-USD vs. VET-USD - Drawdown Comparison
The maximum ALGO-USD drawdown since its inception was -97.53%, roughly equal to the maximum VET-USD drawdown of -98.26%. Use the drawdown chart below to compare losses from any high point for ALGO-USD and VET-USD.
Loading charts...
Drawdown Indicators
| ALGO-USD | VET-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.53% | -98.26% | +0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -74.55% | -84.40% | +9.85% |
Max Drawdown (3Y)Largest decline over 3 years | -84.09% | -94.34% | +10.25% |
Max Drawdown (5Y)Largest decline over 5 years | -96.59% | -97.48% | +0.89% |
Current DrawdownCurrent decline from peak | -97.43% | -98.26% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -87.06% | -73.76% | -13.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.68% | 50.96% | -10.28% |
Volatility
ALGO-USD vs. VET-USD - Volatility Comparison
Algorand (ALGO-USD) has a higher volatility of 23.23% compared to VeChain (VET-USD) at 19.71%. This indicates that ALGO-USD's price experiences larger fluctuations and is considered to be riskier than VET-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALGO-USD | VET-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.23% | 19.71% | +3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 55.78% | 48.91% | +6.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.35% | 61.45% | +7.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.69% | 73.93% | +5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 93.21% | 90.53% | +2.68% |
Frequently Asked Questions
ALGO-USD and VET-USD have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGO-USD has higher volatility (23.23%) compared to VET-USD (19.71%). In terms of maximum drawdown, ALGO-USD dropped -97.53% vs VET-USD's -98.26%.
ALGO-USD currently has the higher Sharpe Ratio (-0.62 vs -1.07), 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 ALGO-USD and VET-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