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

Correlation

The correlation between DOGE-USD and SHIB-USD is 0.30, 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. SHIB-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

DOGE-USD:

0.60

SHIB-USD:

-0.34

Sortino Ratio

DOGE-USD:

2.80

SHIB-USD:

1.11

Omega Ratio

DOGE-USD:

1.29

SHIB-USD:

1.11

Calmar Ratio

DOGE-USD:

1.83

SHIB-USD:

0.08

Martin Ratio

DOGE-USD:

6.36

SHIB-USD:

0.59

Ulcer Index

DOGE-USD:

39.30%

SHIB-USD:

40.81%

Daily Std Dev

DOGE-USD:

82.49%

SHIB-USD:

76.83%

Max Drawdown

DOGE-USD:

-95.27%

SHIB-USD:

-91.81%

Current Drawdown

DOGE-USD:

-66.00%

SHIB-USD:

-80.33%

Returns By Period

The year-to-date returns for both investments are quite close, with DOGE-USD having a -26.25% return and SHIB-USD slightly higher at -25.58%.


DOGE-USD

YTD

-26.25%

1M

51.62%

6M

-35.63%

1Y

49.69%

5Y*

147.51%

10Y*

113.96%

SHIB-USD

YTD

-25.58%

1M

34.74%

6M

-32.65%

1Y

-37.70%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

DOGE-USD vs. SHIB-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 8484
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8383
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8383
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 8888
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8585
Martin Ratio Rank

SHIB-USD
The Risk-Adjusted Performance Rank of SHIB-USD is 4343
Overall Rank
The Sharpe Ratio Rank of SHIB-USD is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of SHIB-USD is 4444
Sortino Ratio Rank
The Omega Ratio Rank of SHIB-USD is 4343
Omega Ratio Rank
The Calmar Ratio Rank of SHIB-USD is 4747
Calmar Ratio Rank
The Martin Ratio Rank of SHIB-USD is 4545
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. 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.


The current DOGE-USD Sharpe Ratio is 0.60, which is higher than the SHIB-USD Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of DOGE-USD and SHIB-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. SHIB-USD - Drawdown Comparison

The maximum DOGE-USD drawdown since its inception was -95.27%, roughly equal to the maximum SHIB-USD drawdown of -91.81%. 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.


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Volatility

DOGE-USD vs. SHIB-USD - Volatility Comparison

Dogecoin (DOGE-USD) has a higher volatility of 29.07% compared to Shiba Inu (SHIB-USD) at 23.80%. 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.


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