PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
DOGE-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between DOGE-USD and BTC-USD is 0.60, 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.


-0.50.00.51.00.6

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.

-50.00%0.00%50.00%100.00%150.00%200.00%250.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
166.89%
62.18%
DOGE-USD
BTC-USD

Key characteristics

Sharpe Ratio

DOGE-USD:

1.43

BTC-USD:

1.41

Sortino Ratio

DOGE-USD:

2.32

BTC-USD:

2.14

Omega Ratio

DOGE-USD:

1.22

BTC-USD:

1.21

Calmar Ratio

DOGE-USD:

0.87

BTC-USD:

1.22

Martin Ratio

DOGE-USD:

5.19

BTC-USD:

6.70

Ulcer Index

DOGE-USD:

26.57%

BTC-USD:

10.77%

Daily Std Dev

DOGE-USD:

85.26%

BTC-USD:

44.31%

Max Drawdown

DOGE-USD:

-95.27%

BTC-USD:

-93.07%

Current Drawdown

DOGE-USD:

-54.21%

BTC-USD:

-7.90%

Returns By Period

In the year-to-date period, DOGE-USD achieves a 255.10% return, which is significantly higher than BTC-USD's 131.29% return. Over the past 10 years, DOGE-USD has outperformed BTC-USD with an annualized return of 109.48%, while BTC-USD has yielded a comparatively lower 76.43% annualized return.


DOGE-USD

YTD

255.10%

1M

-15.84%

6M

156.16%

1Y

234.42%

5Y*

172.80%

10Y*

109.48%

BTC-USD

YTD

131.29%

1M

3.62%

6M

52.51%

1Y

122.84%

5Y*

67.06%

10Y*

76.43%

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for DOGE-USD, currently valued at 1.43, compared to the broader market0.001.002.003.004.005.001.431.41
The chart of Sortino ratio for DOGE-USD, currently valued at 2.32, compared to the broader market-1.000.001.002.003.004.005.002.322.14
The chart of Omega ratio for DOGE-USD, currently valued at 1.22, compared to the broader market1.001.201.401.221.21
The chart of Calmar ratio for DOGE-USD, currently valued at 0.87, compared to the broader market1.002.003.004.000.871.22
The chart of Martin ratio for DOGE-USD, currently valued at 5.19, compared to the broader market0.0010.0020.0030.0040.005.196.70
DOGE-USD
BTC-USD

The current DOGE-USD Sharpe Ratio is 1.43, which is comparable to the BTC-USD Sharpe Ratio of 1.41. 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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.43
1.41
DOGE-USD
BTC-USD

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 -93.07%. 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.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-54.21%
-7.90%
DOGE-USD
BTC-USD

Volatility

DOGE-USD vs. BTC-USD - Volatility Comparison

Dogecoin (DOGE-USD) has a higher volatility of 27.98% compared to Bitcoin (BTC-USD) at 14.07%. 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.


10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
27.98%
14.07%
DOGE-USD
BTC-USD
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab