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

Correlation

The correlation between DOGE-USD and LTC-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

DOGE-USD vs. LTC-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

DOGE-USD:

0.63

LTC-USD:

0.36

Sortino Ratio

DOGE-USD:

2.91

LTC-USD:

1.82

Omega Ratio

DOGE-USD:

1.30

LTC-USD:

1.20

Calmar Ratio

DOGE-USD:

2.07

LTC-USD:

0.58

Martin Ratio

DOGE-USD:

7.04

LTC-USD:

4.42

Ulcer Index

DOGE-USD:

39.17%

LTC-USD:

22.37%

Daily Std Dev

DOGE-USD:

82.53%

LTC-USD:

66.11%

Max Drawdown

DOGE-USD:

-95.27%

LTC-USD:

-97.41%

Current Drawdown

DOGE-USD:

-64.77%

LTC-USD:

-73.20%

Returns By Period

In the year-to-date period, DOGE-USD achieves a -23.59% return, which is significantly lower than LTC-USD's 0.48% return. Over the past 10 years, DOGE-USD has outperformed LTC-USD with an annualized return of 114.91%, while LTC-USD has yielded a comparatively lower 53.22% annualized return.


DOGE-USD

YTD

-23.59%

1M

52.18%

6M

-39.62%

1Y

65.88%

5Y*

149.41%

10Y*

114.91%

LTC-USD

YTD

0.48%

1M

34.36%

6M

37.26%

1Y

31.54%

5Y*

19.32%

10Y*

53.22%

*Annualized

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Risk-Adjusted Performance

DOGE-USD vs. LTC-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 8787
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8787
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8585
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 9292
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8888
Martin Ratio Rank

LTC-USD
The Risk-Adjusted Performance Rank of LTC-USD is 7777
Overall Rank
The Sharpe Ratio Rank of LTC-USD is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of LTC-USD is 7171
Sortino Ratio Rank
The Omega Ratio Rank of LTC-USD is 7474
Omega Ratio Rank
The Calmar Ratio Rank of LTC-USD is 7676
Calmar Ratio Rank
The Martin Ratio Rank of LTC-USD is 8383
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. 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.


The current DOGE-USD Sharpe Ratio is 0.63, which is higher than the LTC-USD Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of DOGE-USD and LTC-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. 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.


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Volatility

DOGE-USD vs. LTC-USD - Volatility Comparison

Dogecoin (DOGE-USD) has a higher volatility of 28.93% compared to Litecoin (LTC-USD) at 18.50%. 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.


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