DOGE-USD vs. SOL-USD
Compare and contrast key facts about Dogecoin (DOGE-USD) and Solana (SOL-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOGE-USD or SOL-USD.
Performance
DOGE-USD vs. SOL-USD - Performance Comparison
Returns By Period
In the year-to-date period, DOGE-USD achieves a 361.51% return, which is significantly higher than SOL-USD's 152.71% return.
DOGE-USD
361.51%
198.15%
152.09%
441.89%
182.54%
110.35%
SOL-USD
152.71%
50.07%
52.87%
353.22%
N/A
N/A
Key characteristics
DOGE-USD | SOL-USD | |
---|---|---|
Sharpe Ratio | 2.73 | 0.76 |
Sortino Ratio | 3.14 | 1.54 |
Omega Ratio | 1.30 | 1.15 |
Calmar Ratio | 2.14 | 0.52 |
Martin Ratio | 7.25 | 2.60 |
Ulcer Index | 39.11% | 24.32% |
Daily Std Dev | 83.49% | 71.14% |
Max Drawdown | -95.27% | -96.27% |
Current Drawdown | -40.48% | -0.93% |
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Correlation
The correlation between DOGE-USD and SOL-USD is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
DOGE-USD vs. SOL-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dogecoin (DOGE-USD) and Solana (SOL-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. SOL-USD - Drawdown Comparison
The maximum DOGE-USD drawdown since its inception was -95.27%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for DOGE-USD and SOL-USD. For additional features, visit the drawdowns tool.
Volatility
DOGE-USD vs. SOL-USD - Volatility Comparison
Dogecoin (DOGE-USD) has a higher volatility of 42.87% compared to Solana (SOL-USD) at 23.64%. This indicates that DOGE-USD's price experiences larger fluctuations and is considered to be riskier than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.