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:
1.83
SHIB-USD:
-0.40
DOGE-USD:
2.58
SHIB-USD:
-0.07
DOGE-USD:
1.25
SHIB-USD:
0.99
DOGE-USD:
1.18
SHIB-USD:
0.00
DOGE-USD:
6.22
SHIB-USD:
-1.05
DOGE-USD:
28.26%
SHIB-USD:
35.34%
DOGE-USD:
86.74%
SHIB-USD:
100.51%
DOGE-USD:
-95.27%
SHIB-USD:
-92.10%
DOGE-USD:
-51.89%
SHIB-USD:
-77.17%
Returns By Period
In the year-to-date period, DOGE-USD achieves a 5.75% return, which is significantly higher than SHIB-USD's -10.40% return.
DOGE-USD
5.75%
3.06%
159.43%
323.56%
168.55%
117.26%
SHIB-USD
-10.40%
-14.45%
13.69%
110.39%
N/A
N/A
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Risk-Adjusted Performance
DOGE-USD vs. SHIB-USD — Risk-Adjusted Performance Rank
DOGE-USD
SHIB-USD
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 28.03% compared to Shiba Inu (SHIB-USD) at 24.31%. 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.