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DASH-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between DASH-USD and BTC-USD is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

DASH-USD vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DigitalCash (DASH-USD) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DASH-USD:

-0.10

BTC-USD:

1.32

Sortino Ratio

DASH-USD:

0.82

BTC-USD:

2.99

Omega Ratio

DASH-USD:

1.09

BTC-USD:

1.31

Calmar Ratio

DASH-USD:

0.02

BTC-USD:

2.29

Martin Ratio

DASH-USD:

0.20

BTC-USD:

10.98

Ulcer Index

DASH-USD:

45.40%

BTC-USD:

11.20%

Daily Std Dev

DASH-USD:

68.96%

BTC-USD:

42.24%

Max Drawdown

DASH-USD:

-98.78%

BTC-USD:

-93.18%

Current Drawdown

DASH-USD:

-98.34%

BTC-USD:

-3.14%

Returns By Period

In the year-to-date period, DASH-USD achieves a -32.01% return, which is significantly lower than BTC-USD's 10.04% return. Over the past 10 years, DASH-USD has underperformed BTC-USD with an annualized return of 23.97%, while BTC-USD has yielded a comparatively higher 83.64% annualized return.


DASH-USD

YTD

-32.01%

1M

25.04%

6M

-2.26%

1Y

-8.53%

5Y*

-19.10%

10Y*

23.97%

BTC-USD

YTD

10.04%

1M

22.86%

6M

16.89%

1Y

63.45%

5Y*

60.28%

10Y*

83.64%

*Annualized

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Risk-Adjusted Performance

DASH-USD vs. BTC-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DASH-USD
The Risk-Adjusted Performance Rank of DASH-USD is 4141
Overall Rank
The Sharpe Ratio Rank of DASH-USD is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of DASH-USD is 3636
Sortino Ratio Rank
The Omega Ratio Rank of DASH-USD is 3737
Omega Ratio Rank
The Calmar Ratio Rank of DASH-USD is 3838
Calmar Ratio Rank
The Martin Ratio Rank of DASH-USD is 3838
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9090
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8686
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9494
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9090
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DASH-USD vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DigitalCash (DASH-USD) and Bitcoin (BTC-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.


The current DASH-USD Sharpe Ratio is -0.10, which is lower than the BTC-USD Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of DASH-USD and BTC-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.


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Drawdowns

DASH-USD vs. BTC-USD - Drawdown Comparison

The maximum DASH-USD drawdown since its inception was -98.78%, which is greater than BTC-USD's maximum drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for DASH-USD and BTC-USD. For additional features, visit the drawdowns tool.


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Volatility

DASH-USD vs. BTC-USD - Volatility Comparison

DigitalCash (DASH-USD) has a higher volatility of 18.55% compared to Bitcoin (BTC-USD) at 10.58%. This indicates that DASH-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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