DOGE-USD vs. SHIB-USD
Compare and contrast key facts about Dogecoin (DOGE-USD) and Shiba Inu (SHIB-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOGE-USD or SHIB-USD.
Performance
DOGE-USD vs. SHIB-USD - Performance Comparison
Returns By Period
In the year-to-date period, DOGE-USD achieves a 380.61% return, which is significantly higher than SHIB-USD's 146.02% return.
DOGE-USD
380.61%
202.85%
147.19%
449.77%
185.66%
112.20%
SHIB-USD
146.02%
44.78%
4.31%
213.56%
N/A
N/A
Key characteristics
| DOGE-USD | SHIB-USD | |
|---|---|---|
| Sharpe Ratio | 3.85 | -0.21 |
| Sortino Ratio | 3.67 | 0.37 |
| Omega Ratio | 1.35 | 1.03 |
| Calmar Ratio | 3.20 | 0.08 |
| Martin Ratio | 10.12 | -0.51 |
| Ulcer Index | 39.11% | 40.59% |
| Daily Std Dev | 83.55% | 98.58% |
| Max Drawdown | -95.27% | -92.10% |
| Current Drawdown | -38.02% | -69.35% |
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Correlation
The correlation between DOGE-USD and SHIB-USD is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
DOGE-USD vs. SHIB-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dogecoin (DOGE-USD) and Shiba Inu (SHIB-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.
Drawdowns
DOGE-USD vs. SHIB-USD - Drawdown Comparison
The maximum DOGE-USD drawdown since its inception was -95.27%, roughly equal to the maximum SHIB-USD drawdown of -92.10%. Use the drawdown chart below to compare losses from any high point for DOGE-USD and SHIB-USD. For additional features, visit the drawdowns tool.
Volatility
DOGE-USD vs. SHIB-USD - Volatility Comparison
Dogecoin (DOGE-USD) has a higher volatility of 42.85% compared to Shiba Inu (SHIB-USD) at 34.57%. This indicates that DOGE-USD's price experiences larger fluctuations and is considered to be riskier than SHIB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.