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

Correlation

The correlation between BNB-USD and ETH-USD is 0.69, 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.


-0.50.00.51.00.7

Performance

BNB-USD vs. ETH-USD - Performance Comparison

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

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
22.36%
14.46%
BNB-USD
ETH-USD

Key characteristics

Sharpe Ratio

BNB-USD:

0.65

ETH-USD:

0.18

Sortino Ratio

BNB-USD:

1.25

ETH-USD:

0.77

Omega Ratio

BNB-USD:

1.13

ETH-USD:

1.08

Calmar Ratio

BNB-USD:

0.34

ETH-USD:

0.05

Martin Ratio

BNB-USD:

2.01

ETH-USD:

0.49

Ulcer Index

BNB-USD:

17.21%

ETH-USD:

23.98%

Daily Std Dev

BNB-USD:

49.58%

ETH-USD:

53.55%

Max Drawdown

BNB-USD:

-80.10%

ETH-USD:

-93.96%

Current Drawdown

BNB-USD:

-3.99%

ETH-USD:

-17.14%

Returns By Period

In the year-to-date period, BNB-USD achieves a 130.55% return, which is significantly higher than ETH-USD's 74.78% return.


BNB-USD

YTD

130.55%

1M

15.74%

6M

19.17%

1Y

201.00%

5Y (annualized)

121.42%

10Y (annualized)

N/A

ETH-USD

YTD

74.78%

1M

27.26%

6M

13.56%

1Y

81.54%

5Y (annualized)

97.38%

10Y (annualized)

N/A

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Risk-Adjusted Performance

BNB-USD vs. ETH-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Binance Coin (BNB-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 BNB-USD, currently valued at 0.65, compared to the broader market0.001.002.003.004.005.000.650.18
The chart of Sortino ratio for BNB-USD, currently valued at 1.25, compared to the broader market-1.000.001.002.003.004.005.001.250.77
The chart of Omega ratio for BNB-USD, currently valued at 1.13, compared to the broader market1.001.201.401.601.131.08
The chart of Calmar ratio for BNB-USD, currently valued at 0.34, compared to the broader market1.002.003.004.000.340.05
The chart of Martin ratio for BNB-USD, currently valued at 2.01, compared to the broader market0.0010.0020.0030.002.010.49
BNB-USD
ETH-USD

The current BNB-USD Sharpe Ratio is 0.65, which is higher than the ETH-USD Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of BNB-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 Ratio0.002.004.006.00JulyAugustSeptemberOctoberNovemberDecember
0.65
0.18
BNB-USD
ETH-USD

Drawdowns

BNB-USD vs. ETH-USD - Drawdown Comparison

The maximum BNB-USD drawdown since its inception was -80.10%, smaller than the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for BNB-USD and ETH-USD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.99%
-17.14%
BNB-USD
ETH-USD

Volatility

BNB-USD vs. ETH-USD - Volatility Comparison

Binance Coin (BNB-USD) and Ethereum (ETH-USD) have volatilities of 19.34% and 19.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
19.34%
19.69%
BNB-USD
ETH-USD
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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.

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