PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CHFUSD=X vs. HTGC
Performance
Return for Risk
Drawdowns
Volatility

CHFUSD=X vs. HTGC

Last updated Jun 5, 2026

CHFUSD=X (USD/CHF) is a currency, while HTGC (Hercules Capital, Inc.) is a stock. Over the past 10 years, CHFUSD=X returned 2.10%/yr vs 13.56%/yr for HTGC. At a 0.03 correlation, their price movements are largely independent.

Performance

CHFUSD=X vs. HTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD/CHF (CHFUSD=X) and Hercules Capital, Inc. (HTGC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CHFUSD=X achieves a 0.48% return, which is significantly higher than HTGC's -12.40% return. Over the past 10 years, CHFUSD=X has underperformed HTGC with an annualized return of 2.10%, while HTGC has yielded a comparatively higher 13.56% annualized return.

CHFUSD=X

1D
0.42%
1M
-0.68%
YTD
0.48%
6M
1.89%
1Y
3.95%
3Y*
4.73%
5Y*
2.66%
10Y*
2.10%

HTGC

1D
2.30%
1M
-3.60%
YTD
-12.40%
6M
-12.95%
1Y
-2.10%
3Y*
13.13%
5Y*
9.53%
10Y*
13.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHFUSD=X vs. HTGC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CHFUSD=X
USD/CHF		0.48%14.56%-7.30%9.83%-1.34%-2.97%9.43%1.71%-1.05%4.56%
HTGC
Hercules Capital, Inc.		-12.40%3.54%33.33%42.91%-10.42%26.50%14.49%39.86%-6.86%1.86%

Correlation

The correlation between CHFUSD=X and HTGC is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.08

Correlation (3Y)
Calculated over the trailing 3-year period

0.03

Correlation (5Y)
Calculated over the trailing 5-year period

0.10

Correlation (10Y)
Calculated over the trailing 10-year period

0.04

Correlation (All Time)
Calculated using the full available price history since Aug 29, 2007

0.03

Compare stocks, funds, or ETFs

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

USD/CHF

Hercules Capital, Inc.

Often compared with CHFUSD=X:
CHFUSD=X vs. SPYCHFUSD=X vs. VTCHFUSD=X vs. GBP=XCHFUSD=X vs. FXFCHFUSD=X vs. GLDCHFUSD=X vs. UUPCHFUSD=X vs. GOLD
Often compared with HTGC:
HTGC vs. ARCCHTGC vs. MAINHTGC vs. TRINHTGC vs. TPVGHTGC vs. TSLXHTGC vs. SPYHTGC vs. OCSL

Return for Risk

CHFUSD=X vs. HTGC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CHFUSD=X
CHFUSD=X Risk / Return Rank: 6969
Overall Rank
CHFUSD=X Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
CHFUSD=X Sortino Ratio Rank: 6969
Sortino Ratio Rank
CHFUSD=X Omega Ratio Rank: 6868
Omega Ratio Rank
CHFUSD=X Calmar Ratio Rank: 7070
Calmar Ratio Rank
CHFUSD=X Martin Ratio Rank: 7070
Martin Ratio Rank
HTGC
HTGC Risk / Return Rank: 3535
Overall Rank
HTGC Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
HTGC Sortino Ratio Rank: 3232
Sortino Ratio Rank
HTGC Omega Ratio Rank: 3131
Omega Ratio Rank
HTGC Calmar Ratio Rank: 3838
Calmar Ratio Rank
HTGC Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHFUSD=X vs. HTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD/CHF (CHFUSD=X) and Hercules Capital, Inc. (HTGC). 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.

CHFUSD=XHTGCDifference
Sharpe ratioReturn per unit of total volatility
0.45
-0.09

+0.54

Sortino ratioReturn per unit of downside risk
0.74
0.03

+0.71

Omega ratioGain probability vs. loss probability

1.09

1.00

+0.08

Calmar ratioReturn relative to maximum drawdown

0.64

-0.09

+0.73

Martin ratioReturn relative to average drawdown

1.52

-0.20

+1.72

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHFUSD=X vs. HTGC - Sharpe Ratio Comparison

The current CHFUSD=X Sharpe Ratio is 0.45, which is higher than the HTGC Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of CHFUSD=X and HTGC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

CHFUSD=XHTGCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.45

-0.09

+0.54

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.30

0.37

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.26

0.49

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.20

0.36

-0.15

Drawdowns

CHFUSD=X vs. HTGC - Drawdown Comparison

The maximum CHFUSD=X drawdown since its inception was -29.99%, smaller than the maximum HTGC drawdown of -68.21%. Use the drawdown chart below to compare losses from any high point for CHFUSD=X and HTGC.

Loading charts...

Drawdown Indicators

CHFUSD=XHTGCDifference

Max Drawdown

Largest peak-to-trough decline

-29.99%

-68.21%

+38.22%

Max Drawdown (1Y)

Largest decline over 1 year

-4.95%

-24.74%

+19.79%

Max Drawdown (3Y)

Largest decline over 3 years

-8.69%

-27.97%

+19.28%

Max Drawdown (5Y)

Largest decline over 5 years

-11.70%

-36.11%

+24.41%

Max Drawdown (10Y)

Largest decline over 10 years

-13.35%

-57.54%

+44.19%

Current Drawdown

Current decline from peak

-8.55%

-17.17%

+8.62%

Average Drawdown

Average peak-to-trough decline

-18.63%

-10.86%

-7.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.21%

10.75%

-8.54%

Volatility

CHFUSD=X vs. HTGC - Volatility Comparison

The current volatility for USD/CHF (CHFUSD=X) is 1.52%, while Hercules Capital, Inc. (HTGC) has a volatility of 5.73%. This indicates that CHFUSD=X experiences smaller price fluctuations and is considered to be less risky than HTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CHFUSD=XHTGCDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.52%

5.73%

-4.21%

Volatility (6M)

Calculated over the trailing 6-month period

5.61%

20.07%

-14.46%

Volatility (1Y)

Calculated over the trailing 1-year period

7.02%

23.24%

-16.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.92%

25.74%

-17.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.35%

27.84%

-20.49%

Frequently Asked Questions

CHFUSD=X and HTGC have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HTGC has higher volatility (5.73%) compared to CHFUSD=X (1.52%). In terms of maximum drawdown, CHFUSD=X dropped -29.99% vs HTGC's -68.21%.

CHFUSD=X currently has the higher Sharpe Ratio (0.45 vs -0.09), 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.

Portfolio Optimizer

Find the right allocation for CHFUSD=X and HTGC

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