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

Key characteristics


DOGE-USDLTC-USD
YTD Return47.65%10.06%
1Y Return65.73%-9.87%
3Y Return (Ann)-33.65%-35.31%
5Y Return (Ann)118.19%0.47%
10Y Return (Ann)76.35%22.91%
Sharpe Ratio2.150.55
Daily Std Dev66.95%58.61%
Max Drawdown-95.27%-97.41%
Current Drawdown-80.96%-79.26%

Correlation

-0.50.00.51.00.6

The correlation between DOGE-USD and LTC-USD is 0.58, 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

DOGE-USD vs. LTC-USD - Performance Comparison

In the year-to-date period, DOGE-USD achieves a 47.65% return, which is significantly higher than LTC-USD's 10.06% return. Over the past 10 years, DOGE-USD has outperformed LTC-USD with an annualized return of 76.35%, while LTC-USD has yielded a comparatively lower 22.91% annualized 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%20,000.00%40,000.00%60,000.00%80,000.00%December2024FebruaryMarchAprilMay
44,248.77%
156.17%
DOGE-USD
LTC-USD

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Dogecoin

Litecoin

Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for Dogecoin (DOGE-USD) and Litecoin (LTC-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.


DOGE-USD
Sharpe ratio
The chart of Sharpe ratio for DOGE-USD, currently valued at 2.15, compared to the broader market0.002.004.006.008.0010.002.15
Sortino ratio
The chart of Sortino ratio for DOGE-USD, currently valued at 2.68, compared to the broader market0.001.002.003.004.005.002.68
Omega ratio
The chart of Omega ratio for DOGE-USD, currently valued at 1.30, compared to the broader market1.001.101.201.301.401.501.30
Calmar ratio
The chart of Calmar ratio for DOGE-USD, currently valued at 1.25, compared to the broader market2.004.006.008.0010.0012.001.25
Martin ratio
The chart of Martin ratio for DOGE-USD, currently valued at 12.96, compared to the broader market0.0020.0040.0060.0012.96
LTC-USD
Sharpe ratio
The chart of Sharpe ratio for LTC-USD, currently valued at 0.55, compared to the broader market0.002.004.006.008.0010.000.55
Sortino ratio
The chart of Sortino ratio for LTC-USD, currently valued at 1.18, compared to the broader market0.001.002.003.004.005.001.18
Omega ratio
The chart of Omega ratio for LTC-USD, currently valued at 1.13, compared to the broader market1.001.101.201.301.401.501.13
Calmar ratio
The chart of Calmar ratio for LTC-USD, currently valued at 0.14, compared to the broader market2.004.006.008.0010.0012.000.14
Martin ratio
The chart of Martin ratio for LTC-USD, currently valued at 3.17, compared to the broader market0.0020.0040.0060.003.17

DOGE-USD vs. LTC-USD - Sharpe Ratio Comparison

The current DOGE-USD Sharpe Ratio is 2.15, which is higher than the LTC-USD Sharpe Ratio of 0.55. The chart below compares the 12-month rolling Sharpe Ratio of DOGE-USD and LTC-USD.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00December2024FebruaryMarchAprilMay
2.15
0.55
DOGE-USD
LTC-USD

Drawdowns

DOGE-USD vs. LTC-USD - Drawdown Comparison

The maximum DOGE-USD drawdown since its inception was -95.27%, roughly equal to the maximum LTC-USD drawdown of -97.41%. Use the drawdown chart below to compare losses from any high point for DOGE-USD and LTC-USD. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%December2024FebruaryMarchAprilMay
-80.96%
-79.26%
DOGE-USD
LTC-USD

Volatility

DOGE-USD vs. LTC-USD - Volatility Comparison

Dogecoin (DOGE-USD) has a higher volatility of 26.05% compared to Litecoin (LTC-USD) at 23.02%. This indicates that DOGE-USD's price experiences larger fluctuations and is considered to be riskier than LTC-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%50.00%December2024FebruaryMarchAprilMay
26.05%
23.02%
DOGE-USD
LTC-USD