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

Key characteristics


BNB-USDETH-USD
YTD Return71.05%30.82%
1Y Return55.72%41.82%
3Y Return (Ann)3.57%10.09%
5Y Return (Ann)85.28%76.61%
Sharpe Ratio3.731.81
Daily Std Dev44.15%42.32%
Max Drawdown-80.10%-93.96%
Current Drawdown-20.91%-37.97%

Correlation

-0.50.00.51.00.7

The correlation between BNB-USD and ETH-USD is 0.68, 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.

Performance

BNB-USD vs. ETH-USD - Performance Comparison

In the year-to-date period, BNB-USD achieves a 71.05% return, which is significantly higher than ETH-USD's 30.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%NovemberDecember2024FebruaryMarchApril
153.88%
90.87%
BNB-USD
ETH-USD

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Binance Coin

Ethereum

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.


BNB-USD
Sharpe ratio
The chart of Sharpe ratio for BNB-USD, currently valued at 3.73, compared to the broader market0.002.004.006.003.73
Sortino ratio
The chart of Sortino ratio for BNB-USD, currently valued at 3.97, compared to the broader market0.001.002.003.004.003.97
Omega ratio
The chart of Omega ratio for BNB-USD, currently valued at 1.45, compared to the broader market1.001.101.201.301.401.45
Calmar ratio
The chart of Calmar ratio for BNB-USD, currently valued at 1.85, compared to the broader market2.004.006.001.85
Martin ratio
The chart of Martin ratio for BNB-USD, currently valued at 26.39, compared to the broader market0.0010.0020.0030.0040.0050.0026.39
ETH-USD
Sharpe ratio
The chart of Sharpe ratio for ETH-USD, currently valued at 1.81, compared to the broader market0.002.004.006.001.81
Sortino ratio
The chart of Sortino ratio for ETH-USD, currently valued at 2.39, compared to the broader market0.001.002.003.004.002.39
Omega ratio
The chart of Omega ratio for ETH-USD, currently valued at 1.26, compared to the broader market1.001.101.201.301.401.26
Calmar ratio
The chart of Calmar ratio for ETH-USD, currently valued at 0.72, compared to the broader market2.004.006.000.72
Martin ratio
The chart of Martin ratio for ETH-USD, currently valued at 10.17, compared to the broader market0.0010.0020.0030.0040.0050.0010.17

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

The current BNB-USD Sharpe Ratio is 3.73, which is higher than the ETH-USD Sharpe Ratio of 1.81. The chart below compares the 12-month rolling Sharpe Ratio of BNB-USD and ETH-USD.


Rolling 12-month Sharpe Ratio-2.000.002.004.006.00NovemberDecember2024FebruaryMarchApril
3.73
1.81
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.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2024FebruaryMarchApril
-20.91%
-37.97%
BNB-USD
ETH-USD

Volatility

BNB-USD vs. ETH-USD - Volatility Comparison

The current volatility for Binance Coin (BNB-USD) is 20.17%, while Ethereum (ETH-USD) has a volatility of 24.97%. This indicates that BNB-USD experiences smaller price fluctuations and is considered to be less risky 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%NovemberDecember2024FebruaryMarchApril
20.17%
24.97%
BNB-USD
ETH-USD