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

Correlation

The correlation between DOGE-USD and BTC-USD is 0.16, 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

DOGE-USD vs. BTC-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

DOGE-USD:

0.60

BTC-USD:

1.34

Sortino Ratio

DOGE-USD:

2.80

BTC-USD:

3.13

Omega Ratio

DOGE-USD:

1.29

BTC-USD:

1.33

Calmar Ratio

DOGE-USD:

1.83

BTC-USD:

2.51

Martin Ratio

DOGE-USD:

6.36

BTC-USD:

11.77

Ulcer Index

DOGE-USD:

39.30%

BTC-USD:

11.18%

Daily Std Dev

DOGE-USD:

82.49%

BTC-USD:

42.21%

Max Drawdown

DOGE-USD:

-95.27%

BTC-USD:

-93.18%

Current Drawdown

DOGE-USD:

-66.00%

BTC-USD:

-2.46%

Returns By Period

In the year-to-date period, DOGE-USD achieves a -26.25% return, which is significantly lower than BTC-USD's 10.82% return. Over the past 10 years, DOGE-USD has outperformed BTC-USD with an annualized return of 113.96%, while BTC-USD has yielded a comparatively lower 84.00% annualized return.


DOGE-USD

YTD

-26.25%

1M

51.62%

6M

-35.63%

1Y

49.69%

5Y*

147.51%

10Y*

113.96%

BTC-USD

YTD

10.82%

1M

23.75%

6M

18.67%

1Y

56.24%

5Y*

61.70%

10Y*

84.00%

*Annualized

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Risk-Adjusted Performance

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

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

DOGE-USD
The Risk-Adjusted Performance Rank of DOGE-USD is 8484
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8383
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8383
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 8888
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8585
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 9393
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.

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

This table presents a comparison of risk-adjusted performance metrics for Dogecoin (DOGE-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 DOGE-USD Sharpe Ratio is 0.60, which is lower than the BTC-USD Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of DOGE-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

DOGE-USD vs. BTC-USD - Drawdown Comparison

The maximum DOGE-USD drawdown since its inception was -95.27%, roughly equal to the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for DOGE-USD and BTC-USD. For additional features, visit the drawdowns tool.


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Volatility

DOGE-USD vs. BTC-USD - Volatility Comparison

Dogecoin (DOGE-USD) has a higher volatility of 29.07% compared to Bitcoin (BTC-USD) at 10.35%. This indicates that DOGE-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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