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.
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.
Performance
DOGE-USD vs. SHIB-USD - Performance Comparison
Key characteristics
DOGE-USD:
2.15
SHIB-USD:
0.06
DOGE-USD:
2.83
SHIB-USD:
0.86
DOGE-USD:
1.27
SHIB-USD:
1.08
DOGE-USD:
1.43
SHIB-USD:
0.01
DOGE-USD:
7.64
SHIB-USD:
0.16
DOGE-USD:
26.84%
SHIB-USD:
33.22%
DOGE-USD:
85.31%
SHIB-USD:
99.74%
DOGE-USD:
-95.27%
SHIB-USD:
-92.10%
DOGE-USD:
-51.44%
SHIB-USD:
-71.70%
Returns By Period
In the year-to-date period, DOGE-USD achieves a 276.57% return, which is significantly higher than SHIB-USD's 127.15% return.
DOGE-USD
276.57%
-21.62%
167.08%
256.73%
177.95%
112.00%
SHIB-USD
127.15%
-8.77%
32.39%
113.27%
N/A
N/A
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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
The current volatility for Dogecoin (DOGE-USD) is 27.32%, while Shiba Inu (SHIB-USD) has a volatility of 34.28%. This indicates that DOGE-USD experiences smaller price fluctuations and is considered to be less risky than SHIB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.